DAMAC BAY 2

Off-Plan

Started

2 years 6 months ago01-07-2023

Status

14% BuiltIn Progress

Project Description

2 Towers of B+G+4P+25,Residential+Retail.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 4,145/sqft

Last 12M:AED 4,179/sqft

Momentum: Last 12Mvs Prior Year

Falling

-3%

Decline

Last 12M:AED 4,179/sqft

Prior Year:AED 4,298/sqft

Community Compare: Last 90DDubai Harbour

Premium

+6%

Above Avg

Project:AED 4,145/sqft

Community:AED 3,916/sqft

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 2-47	Inventory 219units 104 layouts · Typically 1 parking 7-20 sqm balcony	Size Range 729-877sqft	Price Range AED 3.0M - AED 4.0M	Avg PSF 4,286	Sales 220	Trend —

Asset Class 2 Bed FlatFloors 2-47	Inventory 308units 130 layouts · Typically 1 parking 3-168 sqm balcony	Size Range 929-2,986sqft	Price Range AED 3.5M - AED 9.7M	Avg PSF 4,229	Sales 284	Trend —

Asset Class 3 Bed FlatFloors 2-54	Inventory 110units 74 layouts · Typically 1 parking 21-283 sqm balcony	Size Range 1,642-6,212sqft	Price Range AED 6.6M - AED 15.4M	Avg PSF 4,208	Sales 99	Trend —

Asset Class 4 Bed FlatFloors 50-52	Inventory 4units 4 layouts · Typically 1 parking 147-166 sqm balcony	Size Range 5,870-6,059sqft	Price Range AED 29.4M - AED 30.9M	Avg PSF 5,061	Sales 2	Trend —

Asset Class 5 Bed FlatFloors 50-54	Inventory 2units 2 layouts · Typically 1 parking 185-261 sqm balcony	Size Range 7,593-7,656sqft	Price Range AED 36.2M - AED 36.2M	Avg PSF 4,762	Sales 1	Trend —

Asset Class Land	Inventory 0units	Size Range 65,534-65,534sqft	Price Range —	Avg PSF 6,790	Sales 0	Trend —

Asset Class ShopPodium + Floor 49	Inventory 3units 3 layouts · Typically 1 parking	Size Range 1,558-9,539sqft	Price Range —	Avg PSF —	Sales 0	Trend —

Grouped into 7 asset classes covering 646 units