JUMEIRAH BUSINESS CENTRE 5

Resale
Started
18 years 11 months ago04-02-2007
Handover
16 years ago06-01-2010
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

Blended: Last 90Dvs Last 12M Baseline
Rising
+19%
Growth
Current:AED 3,081/sqft
Last 12M:AED 2,586/sqft
Momentum: Last 12Mvs Prior Year
Rising
+50%
Growth
Last 12M:AED 2,586/sqft
Prior Year:AED 1,725/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Premium
+75%
Above Avg
Project:AED 3,009/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate
16%Turnover
48Sold (Last 12M)

Supply & Demand Matrix

JUMEIRAH BUSINESS CENTRE 5 averaged 16% 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
13 units
0%
Velocity
Office
286 units
17%
Velocity

Layouts & Units (299)

Asset Class
Building
Inventory
0units
Size Range
17,760-17,760sqft
Price Range
Avg PSF
1,408
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
1,119-1,399sqft
Price Range
Avg PSF
4,410
Sales
0
Trend
Asset Class
OfficeFloors 2-39
Inventory
286units
29 layouts · Typically 1.1 parking
5-49 sqm balcony
Size Range
274-4,693sqft
Price Range
AED 22K - AED 10.7M
Avg PSF
1,114
Sales
538
Trend
Asset Class
ShopPodium + Floor 1
Inventory
13units
12 layouts · Typically 4.5 parking
~586 sqm balcony
Size Range
88-11,808sqft
Price Range
Avg PSF
963
Sales
0
Trend

Grouped into 4 asset classes covering 299 units