ACT ONE | ACT TWO
ResaleDeveloperEMAAR DEVELOPMENT P.J.S.C.
CommunityDownTown Dubai
AreaBurj Khalifa
Started
8 years 11 months ago12-02-2017
Handover
3 years ago26-12-2022
Status
CompleteFinished
Project Description
PROPOSED COMMERCIAL / RESIDENTIAL DEVELOPMENT AT BURJ KHALIFA AREA TOWER 1 - 4B+G+51 FLOORS TOWER 2 - 4B+G+46 FLOORS THE BUILDING DESGNED OF CONCRETE STRUCTRUE WITH INTERNAL AND EXTERNAL FINISHES.THE RETAILS ARE SHELL AND CORE.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 3,113/sqft
Last 12M:AED 3,130/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 3,130/sqft
Prior Year:AED 2,967/sqft
Community Compare: Last 90DDownTown Dubai
Premium+10%
Above AvgProject:AED 3,120/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
30Sold (Last 12M)
Supply & Demand Matrix
ACT ONE | ACT TWO averaged 4% 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
250 units
14 sold236 left
6%
Velocity
2 Bedrooms
352 units
8 sold344 left
2%
Velocity
3 Bedrooms
170 units
8 sold162 left
5%
Velocity
4 Bedrooms
6 units
0 sold6 left
0%
Velocity
Shop
9 units
0 sold9 left
0%
Velocity
Layouts & Units (787)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-47 | Inventory 250units 22 layouts · Typically 1 parking 5-11 sqm balcony | Size Range 217-830sqft | Price Range AED 650K - AED 2.4M | Avg PSF 2,378 | Sales 47 | Trend — | |
Asset Class 2 Bed FlatFloors 1-47 | Inventory 352units 47 layouts · Typically 1 parking 4-46 sqm balcony | Size Range 334-1,592sqft | Price Range AED 1.6M - AED 4.3M | Avg PSF 2,364 | Sales 40 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 14-47 | Inventory 170units 44 layouts · Typically 2 parking 8-53 sqm balcony | Size Range 306-2,776sqft | Price Range AED 4.0M - AED 8.5M | Avg PSF 2,635 | Sales 25 | Trend — | |
Asset Class 4 Bed FlatPodium + Floors 42-49 | Inventory 6units 6 layouts · Typically 2 parking 27-62 sqm balcony | Size Range 3,140-4,502sqft | Price Range — | Avg PSF 2,742 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 9units 8 layouts · Typically 1 parking | Size Range 289-1,345sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 787 units