THE STERLING EAST HOUSE
ResaleDeveloperOP 17 LIMITED
CommunityBusiness Bay
AreaBusiness Bay
Started
16 years 11 months ago26-01-2009
Handover
2 years 4 months ago29-08-2023
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF (2B+G+4P+21+2R)X 1 RESIDENTIAL BUILDING AND (2B+G+3+R) X 7 TOWNHOUSES LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-8%
DeclineCurrent:AED 2,100/sqft
Last 12M:AED 2,282/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 2,282/sqft
Prior Year:AED 2,230/sqft
Community Compare: Last 90DBusiness Bay
Discount-20%
Below AvgProject:AED 2,118/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
40Sold (Last 12M)
Supply & Demand Matrix
THE STERLING EAST HOUSE 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
Studio
60 units
16 sold44 left
27%
Velocity
1 Bedroom
134 units
17 sold117 left
13%
Velocity
2 Bedrooms
57 units
6 sold51 left
11%
Velocity
3 Bedrooms
12 units
1 sold11 left
8%
Velocity
4 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (266)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatPodium + Floors 1-23 | Inventory 60units 42 layouts · Typically 1 parking 4-10 sqm balcony | Size Range 315-4,885sqft | Price Range AED 854K - AED 1.3M | Avg PSF 2,122 | Sales 27 | Trend — | |
Asset Class 1 Bed FlatPodium + Floors 1-23 | Inventory 134units 59 layouts · Typically 0.7 parking 10-332 sqm balcony | Size Range 11-5,485sqft | Price Range AED 400K - AED 3.0M | Avg PSF 1,952 | Sales 28 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-23 | Inventory 57units 28 layouts · Typically 1 parking 4-29 sqm balcony | Size Range 427-2,202sqft | Price Range AED 1.7M - AED 3.4M | Avg PSF 1,902 | Sales 13 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 20-24 | Inventory 12units 10 layouts · Typically 0.8 parking 16-58 sqm balcony | Size Range 1,651-4,960sqft | Price Range AED 4.0M - AED 4.6M | Avg PSF 2,067 | Sales 2 | Trend — | |
Asset Class 4 Bed FlatFloor 24 | Inventory 2units 2 layouts · Typically 3.5 parking 58-77 sqm balcony | Size Range 4,625-6,632sqft | Price Range — | Avg PSF 1,895 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 51,667-51,667sqft | Price Range — | Avg PSF 1,550 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 972-51,667sqft | Price Range AED 64.6M - AED 64.6M | Avg PSF 1,591 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 3 parking | Size Range 1,906-1,906sqft | Price Range — | Avg PSF 1,806 | Sales 0 | Trend — |
Grouped into 8 asset classes covering 266 units