THE MERTOPOLIS
ResaleDeveloperDEYAAR DEVELOPMENT (P.J.S.C)
CommunityBusiness Bay
AreaBusiness Bay
Started
19 years 4 months ago06-09-2006
Handover
14 years 9 months ago27-03-2011
Status
CompleteFinished
Project Description
Freehold commercial tower development in Business Bay. The building is designed to be constructed as 3B+G+4P+22 formed in a concrete structure with its internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+36%
GrowthCurrent:AED 2,062/sqft
Last 12M:AED 1,515/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 1,515/sqft
Prior Year:AED 1,399/sqft
Community Compare: Last 90DBusiness Bay
Discount-23%
Below AvgProject:AED 2,044/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate17%Turnover
58Sold (Last 12M)
Supply & Demand Matrix
THE MERTOPOLIS averaged 17% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Shop
11 units
0 sold11 left
0%
Velocity
Office
321 units
58 sold263 left
18%
Velocity
Layouts & Units (332)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 486-55,242sqft | Price Range AED 77.9M - AED 77.9M | Avg PSF 12,687 | Sales 1 | Trend — | |
Asset Class OfficeFloors 1-22 | Inventory 321units 17 layouts · Typically 1.3 parking | Size Range 287-11,776sqft | Price Range AED 148K - AED 3.0M | Avg PSF 1,206 | Sales 531 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 11units 11 layouts · Typically 1 parking | Size Range 299-1,512sqft | Price Range — | Avg PSF 1,535 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 332 units