JUMEIRAH BUSINESS CENTRE2
ResaleDeveloperAL FAJER PROPERTIES (L. L. C)
CommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
18 years 10 months ago27-02-2007
Handover
15 years 11 months ago31-01-2010
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+22%
GrowthCurrent:AED 3,221/sqft
Last 12M:AED 2,630/sqft
Momentum: Last 12Mvs Prior Year
Rising+46%
GrowthLast 12M:AED 2,630/sqft
Prior Year:AED 1,806/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Premium+88%
Above AvgProject:AED 3,221/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
30Sold (Last 12M)
Supply & Demand Matrix
JUMEIRAH BUSINESS CENTRE2 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
11 units
0 sold11 left
0%
Velocity
Office
284 units
30 sold254 left
11%
Velocity
Layouts & Units (295)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Land | Inventory 0units | Size Range 1,098-3,176sqft | Price Range — | Avg PSF 2,499 | Sales 0 | Trend — | |
Asset Class OfficeFloors 2-39 | Inventory 284units 28 layouts · Typically 1.2 parking 5-49 sqm balcony | Size Range 341-4,607sqft | Price Range AED 239K - AED 9.3M | Avg PSF 890 | Sales 596 | Trend — | |
Asset Class ShopPodium + Floor 1 | Inventory 11units 10 layouts · Typically 5.5 parking ~586 sqm balcony | Size Range 88-11,855sqft | Price Range — | Avg PSF 900 | Sales 0 | Trend — | |
Asset Class Villa | Inventory 0units | Size Range 17,760-17,760sqft | Price Range — | Avg PSF 1,408 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 295 units