U-BORA TOWERS
MatureCommunityBusiness Bay
AreaBusiness Bay
Started
19 years 3 months ago01-10-2006
Handover
15 years ago20-01-2011
Status
CompleteFinished
Project Description
Freehold commercial/ residential development located in Dubai Business Bay. The development is designed as two buildings, residential (16 Storey) and offices (52 Storey) to be constructed on a shared 2B+G+5P+Mech. in a concrete structure with external and internal finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Falling-12%
DeclineCurrent:AED 1,053/sqft
Last 12M:AED 1,200/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 1,200/sqft
Prior Year:AED 1,085/sqft
Community Compare: Last 90DBusiness Bay
Discount-60%
Below AvgProject:AED 1,053/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
32Sold (Last 12M)
Supply & Demand Matrix
U-BORA TOWERS averaged 7% liquidity over the last 12 months, which is considered low. 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
131 units
20 sold111 left
15%
Velocity
2 Bedrooms
88 units
9 sold79 left
10%
Velocity
3 Bedrooms
6 units
2 sold4 left
33%
Velocity
Shop
41 units
1 sold40 left
2%
Velocity
Office
163 units
0 sold163 left
0%
Velocity
Layouts & Units (430)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-14 | Inventory 131units 37 layouts · Typically 1 parking 8-127 sqm balcony | Size Range 494-2,118sqft | Price Range AED 13K - AED 2.2M | Avg PSF 1,087 | Sales 239 | Trend — | |
Asset Class 2 Bed FlatFloors 1-16 | Inventory 88units 39 layouts · Typically 1.1 parking 14-290 sqm balcony | Size Range 1,333-4,547sqft | Price Range AED 1.1M - AED 5.0M | Avg PSF 1,053 | Sales 141 | Trend — | |
Asset Class 3 Bed FlatFloors 7-15 | Inventory 6units 6 layouts · Typically 2.2 parking 42-49 sqm balcony | Size Range 2,271-2,559sqft | Price Range AED 1.5M - AED 3.3M | Avg PSF 1,084 | Sales 11 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 1,723,951-1,723,951sqft | Price Range AED 750.0M - AED 989.3M | Avg PSF 423 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 492-214,021sqft | Price Range AED 321.0M - AED 321.0M | Avg PSF 3,103 | Sales 1 | Trend — | |
Asset Class OfficePodium + Floors 1-52 | Inventory 163units 154 layouts · Typically 0.3 parking | Size Range 544-17,239sqft | Price Range AED 3.0M - AED 3.0M | Avg PSF 1,890 | Sales 4 | Trend — | |
Asset Class ShopPodium | Inventory 41units 34 layouts · Typically 3.2 parking | Size Range 332-14,523sqft | Price Range AED 383K - AED 17.4M | Avg PSF 1,334 | Sales 63 | Trend — | |
Asset Class Sized PartitionFloor 25 | Inventory 1units Typically 1 parking | Size Range 737,435-737,435sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 8 asset classes covering 430 units