JUMEIRAH BUSINESS CENTRE 4

Mature
Started
18 years 5 months ago04-08-2007
Handover
15 years 8 months ago03-05-2010
Status
CompleteFinished
Project Description

Freehold commercial tower development located at the business hub at Jumeirah Lakes Towers (Emirates Hills First). The building is designed as a 4B+G+39 storey formed in a concrete structure and block with internal and external finishes. The office units will be handed over as ?core and shell? to be individually fitted by their respective owners.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Stable
+2%
Growth
Current:AED 2,579/sqft
Last 12M:AED 2,520/sqft
Momentum: Last 12Mvs Prior Year
Rising
+30%
Growth
Last 12M:AED 2,520/sqft
Prior Year:AED 1,935/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Premium
+50%
Above Avg
Project:AED 2,579/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate
10%Turnover
25Sold (Last 12M)

Supply & Demand Matrix

JUMEIRAH BUSINESS CENTRE 4 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
Shop
12 units
0%
Velocity
Office
235 units
11%
Velocity

Layouts & Units (248)

Asset Class
Building
Inventory
0units
Size Range
17,761-20,344sqft
Price Range
Avg PSF
4,038
Sales
0
Trend
Asset Class
GymnasiumFloor 1
Inventory
1units
Typically 3 parking
~595 sqm balcony
Size Range
11,867-11,867sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
1,100-3,151sqft
Price Range
Avg PSF
3,357
Sales
0
Trend
Asset Class
OfficeFloors 2-39
Inventory
235units
37 layouts · Typically 1.4 parking
5-49 sqm balcony
Size Range
449-4,574sqft
Price Range
AED 101K - AED 17.1M
Avg PSF
1,141
Sales
337
Trend
Asset Class
ShopPodium
Inventory
12units
11 layouts · Typically 3.8 parking
Size Range
63-1,920sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
Sized Partition
Inventory
0units
Size Range
19,865-84,936sqft
Price Range
Avg PSF
800
Sales
0
Trend

Grouped into 6 asset classes covering 248 units