BURJ AL NUJOOM
MatureCommunityDownTown Dubai
AreaBurj Khalifa
Started
18 years 1 month ago26-11-2007
Handover
12 years 4 months ago15-09-2013
Status
CompleteFinished
Project Description
Freehold residential building development in Dubai Business Bay that is designed to 3B+G+3P+30 floors high. The building will be constructed out of concrete structure with its external finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 1,667/sqft
Last 12M:AED 1,670/sqft
Momentum: Last 12Mvs Prior Year
Rising+10%
GrowthLast 12M:AED 1,670/sqft
Prior Year:AED 1,514/sqft
Community Compare: Last 90DDownTown Dubai
Discount-41%
Below AvgProject:AED 1,667/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
39Sold (Last 12M)
Supply & Demand Matrix
BURJ AL NUJOOM averaged 10% 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
196 units
17 sold179 left
9%
Velocity
1 Bedroom
84 units
10 sold74 left
12%
Velocity
2 Bedrooms
114 units
11 sold103 left
10%
Velocity
3 Bedrooms
6 units
0 sold6 left
0%
Velocity
Shop
8 units
1 sold7 left
13%
Velocity
Layouts & Units (408)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-28 | Inventory 196units 5 layouts · Typically 1 parking ~5 sqm balcony | Size Range 222-456sqft | Price Range AED 43K - AED 1.1M | Avg PSF 1,340 | Sales 224 | Trend — | |
Asset Class 1 Bed FlatFloors 1-28 | Inventory 84units 3 layouts · Typically 1 parking ~5 sqm balcony | Size Range 405-860sqft | Price Range AED 363K - AED 1.6M | Avg PSF 1,158 | Sales 80 | Trend — | |
Asset Class 2 Bed FlatFloors 1-30 | Inventory 114units 6 layouts · Typically 1 parking 10-31 sqm balcony | Size Range 503-3,214sqft | Price Range AED 800K - AED 2.6M | Avg PSF 1,087 | Sales 118 | Trend — | |
Asset Class 3 Bed FlatFloors 29-30 | Inventory 6units 6 layouts · Typically 1.2 parking 32-77 sqm balcony | Size Range 2,082-3,222sqft | Price Range AED 1.5M - AED 5.0M | Avg PSF 988 | Sales 6 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 42,003-42,003sqft | Price Range AED 20.0M - AED 20.0M | Avg PSF 476 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 8units 8 layouts · Typically 1 parking | Size Range 1,329-2,106sqft | Price Range AED 2.7M - AED 7.0M | Avg PSF 2,065 | Sales 15 | Trend — |
Grouped into 6 asset classes covering 408 units