WEST WHAREF TOWER

Resale
CommunityBusiness Bay
Started
18 years 1 month ago12-12-2007
Handover
15 years 6 months ago01-07-2010
Status
CompleteFinished
Project Description

Freehold residential building in Business Bay. The project designed to be constructed as 3B+G+18 upper floors formed in a concrete structure with its internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-12%
Decline
Current:AED 1,400/sqft
Last 12M:AED 1,586/sqft
Momentum: Last 12Mvs Prior Year
Rising
+10%
Growth
Last 12M:AED 1,586/sqft
Prior Year:AED 1,446/sqft
Community Compare: Last 90DBusiness Bay
Discount
-47%
Below Avg
Project:AED 1,400/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate
14%Turnover
16Sold (Last 12M)

Supply & Demand Matrix

WEST WHAREF TOWER averaged 14% 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
37 units
16%
Velocity
1 Bedroom
40 units
10%
Velocity
2 Bedrooms
16 units
6%
Velocity
3 Bedrooms
16 units
31%
Velocity
5 Bedrooms
1 units
0%
Velocity
PENTHOUSE
1 units
0%
Velocity
Shop
3 units
0%
Velocity

Layouts & Units (114)

Asset Class
Studio FlatFloors 1-14
Inventory
37units
11 layouts · Typically 1 parking
3-10 sqm balcony
Size Range
33-671sqft
Price Range
AED 41K - AED 1.4M
Avg PSF
1,397
Sales
59
Trend
Asset Class
Flat
Inventory
0units
Size Range
13,517-14,620sqft
Price Range
Avg PSF
644
Sales
0
Trend
Asset Class
1 Bed FlatFloors 1-14
Inventory
40units
14 layouts · Typically 1 parking
4-38 sqm balcony
Size Range
549-1,349sqft
Price Range
AED 590K - AED 3.2M
Avg PSF
1,438
Sales
59
Trend
Asset Class
2 Bed FlatFloors 2-16
Inventory
16units
11 layouts · Typically 2.1 parking
7-246 sqm balcony
Size Range
725-5,644sqft
Price Range
AED 1.3M - AED 5.5M
Avg PSF
1,214
Sales
26
Trend
Asset Class
3 Bed FlatFloors 1-16
Inventory
16units
13 layouts · Typically 2.5 parking
14-236 sqm balcony
Size Range
822-7,344sqft
Price Range
AED 1.2M - AED 7.7M
Avg PSF
1,224
Sales
26
Trend
Asset Class
5 Bed FlatFloor 2
Inventory
1units
Typically 6 parking
~395 sqm balcony
Size Range
5,921-8,882sqft
Price Range
AED 6.0M - AED 9.0M
Avg PSF
853
Sales
5
Trend
Asset Class
22 Bed FlatFloor 17
Inventory
1units
Typically 4 parking
~593 sqm balcony
Size Range
13,517-13,517sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Building
Inventory
0units
Size Range
32,292-32,292sqft
Price Range
AED 40.4M - AED 40.4M
Avg PSF
1,709
Sales
1
Trend
Asset Class
ShopPodium
Inventory
3units
3 layouts · Typically 5 parking
Size Range
1,679-3,443sqft
Price Range
AED 3.5M - AED 8.5M
Avg PSF
1,976
Sales
6
Trend

Grouped into 9 asset classes covering 114 units