HDS BUSINESS CENTRE

Resale
Started
18 years 7 months ago26-05-2007
Handover
14 years 6 months ago20-07-2011
Status
CompleteFinished
Project Description

Freehold commercial tower development located at the business hub at Jumeirah Lakes Towers (Emirates Hills First). The building is designed and constructed as a 3B+G+39 storey high tower formed in a concrete structure with reflective glass exterior. The office units will be handed over as ?shell and core? to be individually fitted by their respective owners.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-5%
Decline
Current:AED 1,495/sqft
Last 12M:AED 1,574/sqft
Momentum: Last 12Mvs Prior Year
Rising
+44%
Growth
Last 12M:AED 1,574/sqft
Prior Year:AED 1,094/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount
-13%
Below Avg
Project:AED 1,495/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
High
20%Turnover
62Sold (Last 12M)

Supply & Demand Matrix

HDS BUSINESS CENTRE averaged 20% liquidity over the last 12 months, which is considered high. 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
10 units
0%
Velocity
Office
302 units
21%
Velocity

Layouts & Units (312)

Asset Class
Building
Inventory
0units
Size Range
17,760-17,760sqft
Price Range
Avg PSF
2,534
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
1,005-1,762sqft
Price Range
Avg PSF
5,100
Sales
0
Trend
Asset Class
OfficeFloors 1-41
Inventory
302units
34 layouts · Typically 1.2 parking
46-55 sqm balcony
Size Range
100-2,926sqft
Price Range
AED 102K - AED 5.1M
Avg PSF
700
Sales
589
Trend
Asset Class
ShopPodium + Floor 40
Inventory
10units
10 layouts · Typically 1.5 parking
~309 sqm balcony
Size Range
846-4,704sqft
Price Range
AED 623K - AED 7.1M
Avg PSF
932
Sales
14
Trend

Grouped into 4 asset classes covering 312 units