JUMEIRAH BUSINESS CENTRE 5
ResaleDeveloperAL FAJER PROPERTIES (L. L. C)
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
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%
GrowthCurrent:AED 3,081/sqft
Last 12M:AED 2,586/sqft
Momentum: Last 12Mvs Prior Year
Rising+50%
GrowthLast 12M:AED 2,586/sqft
Prior Year:AED 1,725/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Premium+75%
Above AvgProject:AED 3,009/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate16%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 sold13 left
0%
Velocity
Office
286 units
48 sold238 left
17%
Velocity
Layouts & Units (299)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
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