THE PAD
ResaleDeveloperPAD PROPERTIES NINE LIMITED
CommunityBusiness Bay
AreaBusiness Bay
Started
17 years 1 month ago17-12-2008
Handover
5 years 3 months ago14-10-2020
Status
CompleteFinished
Project Description
Freehold residential building in Business Bay. The project designed to be constructed as 3B+G+P+M+22 upper floors formed in a concrete structure with its internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 2,160/sqft
Last 12M:AED 2,056/sqft
Momentum: Last 12Mvs Prior Year
Stable-2%
DeclineLast 12M:AED 2,056/sqft
Prior Year:AED 2,106/sqft
Community Compare: Last 90DBusiness Bay
Discount-18%
Below AvgProject:AED 2,160/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
40Sold (Last 12M)
Supply & Demand Matrix
THE PAD averaged 15% 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
1 Bedroom
200 units
34 sold166 left
17%
Velocity
2 Bedrooms
50 units
6 sold44 left
12%
Velocity
3 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
12 units
0 sold12 left
0%
Velocity
Layouts & Units (265)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-22 | Inventory 200units 36 layouts · Typically 1 parking 20-66 sqm balcony | Size Range 324-1,377sqft | Price Range AED 13K - AED 2.6M | Avg PSF 1,850 | Sales 218 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-22 | Inventory 50units 14 layouts · Typically 1.1 parking ~75 sqm balcony | Size Range 1,168-2,443sqft | Price Range AED 1.3M - AED 3.5M | Avg PSF 2,014 | Sales 54 | Trend — | |
Asset Class 3 Bed FlatFloors 21-22 | Inventory 3units 3 layouts · Typically 1.7 parking | Size Range 1,624-2,501sqft | Price Range AED 5.7M - AED 5.8M | Avg PSF 1,826 | Sales 2 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 50,182-50,182sqft | Price Range — | Avg PSF 622 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 50,182-50,182sqft | Price Range AED 56.5M - AED 56.5M | Avg PSF 1,125 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 12units 12 layouts · Typically 1.9 parking | Size Range 12-2,269sqft | Price Range — | Avg PSF 2,539 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 265 units