JUMEIRAH BUSINESS CENTRE1
ResaleDeveloperAL FAJER PROPERTIES (L. L. C)
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
18 years 10 months ago27-02-2007
Handover
14 years 11 months ago27-01-2011
Status
CompleteFinished
Project Description
Freehold commercial tower development located at the business hub at Jumeirah Lakes Towers (Emirates Hills First). The building is designed as a 4B+G+44 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
Falling-3%
DeclineCurrent:AED 2,845/sqft
Last 12M:AED 2,929/sqft
Momentum: Last 12Mvs Prior Year
Rising+77%
GrowthLast 12M:AED 2,929/sqft
Prior Year:AED 1,654/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Premium+66%
Above AvgProject:AED 2,846/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
47Sold (Last 12M)
Supply & Demand Matrix
JUMEIRAH BUSINESS CENTRE1 averaged 14% 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
24 units
0 sold24 left
0%
Velocity
Office
317 units
47 sold270 left
15%
Velocity
Layouts & Units (341)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 17,761-28,308sqft | Price Range — | Avg PSF 4,510 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 539-2,441sqft | Price Range — | Avg PSF 6,316 | Sales 0 | Trend — | |
Asset Class OfficeFloors 2-44 | Inventory 317units 64 layouts · Typically 1.4 parking 7-195 sqm balcony | Size Range 342-13,570sqft | Price Range AED 104K - AED 10.1M | Avg PSF 1,078 | Sales 556 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 24units 21 layouts · Typically 1 parking ~1283 sqm balcony | Size Range 53-18,792sqft | Price Range AED 521K - AED 10.6M | Avg PSF 1,586 | Sales 19 | Trend — |
Grouped into 4 asset classes covering 341 units