SCHON BUSINESS PARK
ResaleDeveloperschon investments limited
CommunityDubai Investment Park First
Started
15 years 3 months ago12-10-2010
Handover
10 years 1 month ago16-12-2015
Status
CompleteFinished
Project Description
Freehold commercial building development located in Dubai Investment Park. The building is designed and constructed as a 2B+G+3 storey. The building is being constructed as a concrete structure with external and internal finishes. The office units will be handed over as shell and core to be individually fitted by their respective owners. The ground floor was recently modified to include retail units.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai Investment Park First
Discount-8%Below Avg
Project:AED 779/sqft
Community:AED 848/sqft
Liquidity: Last 12MExit Speed
—No sales in period
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 689/sqft
Range:AED 4 – AED 2K
Avg Unit:AED 51K/yr
Leasing Volume: L12MContracts Signed
Very Active354Total
New:239
Renew:115
Tenant RetentionRenewal Rate
Fair32%renewals
68% new tenants32% renewals
Gross YieldAnnual Return
High Yield172.3%Yield
Rent:AED 689/sqft
Price:AED 400/sqft
Supply & Demand Matrix
SCHON BUSINESS PARK averaged 0% 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
Shop
73 units
0 sold73 left
0%
Velocity
Office
303 units
0 sold303 left
0%
Velocity
Layouts & Units (376)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 292,107-292,107sqft | Price Range — | Avg PSF 264 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 685-685sqft | Price Range — | Avg PSF 2,559 | Sales 0 | Trend — | |
Asset Class OfficePodium + Floors 1-3 | Inventory 303units 144 layouts · Typically 1.6 parking | Size Range 381-5,506sqft | Price Range AED 250K - AED 1.8M | Avg PSF 650 | Sales 5 | Trend — | |
Asset Class ShopPodium | Inventory 73units 62 layouts · Typically 1.3 parking | Size Range 331-11,150sqft | Price Range AED 1.7M - AED 1.7M | Avg PSF 841 | Sales 1 | Trend — |
Grouped into 4 asset classes covering 376 units