WEST FIVE BUSINESS BAY RESIDENCES
ResaleDeveloperFORTUNE 5 PROPERTY DEVELOPMENT L.L.C
CommunityBusiness Bay
AreaBusiness Bay
Started
3 years 1 month ago14-12-2022
Handover
1 year 1 month ago18-12-2024
Status
CompleteFinished
Project Description
3B+G+1P+15 Service Residential apartments.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 2,592/sqft
Last 12M:AED 2,592/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DBusiness Bay
Discount-13%
Below AvgProject:AED 2,309/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Low1%Turnover
1Sold (Last 12M)
Supply & Demand Matrix
WEST FIVE BUSINESS BAY RESIDENCES averaged 1% 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
113 units
1 sold112 left
1%
Velocity
2 Bedrooms
25 units
0 sold25 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (139)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-15 | Inventory 113units 32 layouts · Typically 1 parking 10-137 sqm balcony | Size Range 342-2,243sqft | Price Range AED 1.8M - AED 1.8M | Avg PSF 1,974 | Sales 1 | Trend — | |
Asset Class 2 Bed FlatFloors 1-15 | Inventory 25units 8 layouts · Typically 1 parking 18-127 sqm balcony | Size Range 1,105-2,161sqft | Price Range — | Avg PSF 2,220 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 10,656-32,292sqft | Price Range AED 9.6M - AED 23.1M | Avg PSF 838 | Sales 2 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 4 parking | Size Range 732-732sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 139 units