SULAFA TOWER
MatureDeveloperAL SAYYAH & SONS INVESTMENT (L.L.C.)
CommunityDubai Marina
AreaMarsa Dubai
Started
19 years 10 months ago01-03-2006
Handover
15 years 3 months ago10-10-2010
Status
CompleteFinished
Project Description
Freehold residential tower development located at the Dubai Marina. The building is designed and constructed as a 4B+G+4P+HC+2S+69 storey high tower formed in a concrete structure with its internal and external finishes.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+8%
GrowthCurrent:AED 1,270/sqft
Last 12M:AED 1,175/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 1,175/sqft
Prior Year:AED 1,096/sqft
Community Compare: Last 90DDubai Marina
Discount-27%
Below AvgProject:AED 1,270/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
60Sold (Last 12M)
Supply & Demand Matrix
SULAFA TOWER averaged 9% 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
402 units
41 sold361 left
10%
Velocity
2 Bedrooms
193 units
12 sold181 left
6%
Velocity
3 Bedrooms
96 units
7 sold89 left
7%
Velocity
5 Bedrooms
11 units
0 sold11 left
0%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (703)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 6-70 | Inventory 402units 37 layouts · Typically 1 parking 6-9 sqm balcony | Size Range 46-1,280sqft | Price Range AED 4K - AED 1.5M | Avg PSF 1,163 | Sales 356 | Trend — | |
Asset Class 2 Bed FlatFloors 21-75 | Inventory 193units 13 layouts · Typically 1 parking 14-36 sqm balcony | Size Range 695-5,972sqft | Price Range AED 1.0M - AED 2.2M | Avg PSF 1,234 | Sales 135 | Trend — | |
Asset Class 3 Bed FlatFloors 21-70 | Inventory 96units 20 layouts · Typically 1.1 parking 11-21 sqm balcony | Size Range 1,384-2,150sqft | Price Range AED 1.0M - AED 2.6M | Avg PSF 1,184 | Sales 67 | Trend — | |
Asset Class 5 Bed FlatFloors 71-75 | Inventory 11units 2 layouts · Typically 2 parking ~36 sqm balcony | Size Range 5,972-5,974sqft | Price Range — | Avg PSF 1,339 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 2 parking | Size Range 1,713-1,713sqft | Price Range — | Avg PSF 1,168 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 703 units