THE OPUS BY OMNIYAT
ResaleDeveloperOMNIYAT PROPERTIES SIX LIMITED
CommunityBusiness Bay
AreaBusiness Bay
Started
17 years 7 months ago26-05-2008
Handover
8 years 2 months ago30-10-2017
Status
CompleteFinished
Project Description
Freehold commercial building in Business Bay. The project designed to be constructed as 6B+G+3P+18 upper floors formed in a concrete structure with its internal and external finishes. The office, Hotel and Retail units will be handed over as shell and core to be individually fitted by their respective owners.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-7%
DeclineCurrent:AED 3,784/sqft
Last 12M:AED 4,074/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 4,074/sqft
Prior Year:AED 3,843/sqft
Community Compare: Last 90DBusiness Bay
Premium+43%
Above AvgProject:AED 3,784/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
High21%Turnover
61Sold (Last 12M)
Supply & Demand Matrix
THE OPUS BY OMNIYAT averaged 21% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
76 units
27 sold49 left
36%
Velocity
2 Bedrooms
17 units
6 sold11 left
35%
Velocity
3 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
20 units
0 sold20 left
0%
Velocity
Office
176 units
28 sold148 left
16%
Velocity
Layouts & Units (294)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Flat | Inventory 1units Typically 13 parking ~395 sqm balcony | Size Range 12,788-12,788sqft | Price Range — | Avg PSF 4,175 | Sales 0 | Trend — | |
Asset Class 1 Bed FlatFloors 16-18 | Inventory 76units 51 layouts · Typically 1 parking | Size Range 360-3,162sqft | Price Range AED 1.5M - AED 6.8M | Avg PSF 3,161 | Sales 65 | Trend — | |
Asset Class 2 Bed FlatFloors 16-18 | Inventory 17units 17 layouts · Typically 2.1 parking 72-106 sqm balcony | Size Range 222-3,358sqft | Price Range AED 941K - AED 12.4M | Avg PSF 3,233 | Sales 17 | Trend — | |
Asset Class 3 Bed FlatFloors 17-18 | Inventory 3units 3 layouts · Typically 1 parking 85-155 sqm balcony | Size Range 3,587-6,071sqft | Price Range AED 15.3M - AED 22.2M | Avg PSF 3,105 | Sales 3 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 151,304-151,304sqft | Price Range — | Avg PSF 2,685 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 913-151,304sqft | Price Range AED 204.3M - AED 204.3M | Avg PSF 18,083 | Sales 1 | Trend — | |
Asset Class OfficeFloors 1-16 | Inventory 176units 155 layouts · Typically 2.3 parking | Size Range 1,238-23,681sqft | Price Range AED 1.7M - AED 27.5M | Avg PSF 2,312 | Sales 214 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 20units 20 layouts · Typically 1.1 parking 51-497 sqm balcony | Size Range 666-58,664sqft | Price Range AED 2.8M - AED 14.9M | Avg PSF 2,565 | Sales 7 | Trend — | |
Asset Class 68 Bed Sized Partition | Inventory 1units Typically 8 parking | Size Range 331,700-331,700sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Sized Partition | Inventory 0units | Size Range 6,997-331,700sqft | Price Range — | Avg PSF 916 | Sales 0 | Trend — |
Grouped into 10 asset classes covering 294 units