THE DOME TOWER
MatureCommunityJumeirah Lakes Towers
AreaAl Thanyah Fifth
Started
18 years 4 months ago09-09-2007
Handover
12 years 11 months ago11-02-2013
Status
CompleteFinished
Project Description
Freehold commercial tower development located at Jumeirah Lakes Towers (Emirates Hills First). The building is designed as a 5B+G+40 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
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Rising+14%Growth
Current:AED 1,465/sqft
Last 12M:AED 1,287/sqft
Momentum: Last 12Mvs Prior Year
Rising+47%Growth
Last 12M:AED 1,287/sqft
Prior Year:AED 874/sqft
Community Compare: Last 90DJumeirah Lakes Towers
Discount-15%Below Avg
Project:AED 1,465/sqft
Community:AED 1,716/sqft
Liquidity: Last 12MExit Speed
Moderate19%Turnover
52Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,143/sqft
Range:AED 47 – AED 4K
Avg Unit:AED 144K/yr
Leasing Volume: L12MContracts Signed
Very Active209Total
New:79
Renew:130
Tenant RetentionRenewal Rate
Excellent62%renewals
38% new tenants62% renewals
Gross YieldAnnual Return
High Yield78.0%Yield
Rent:AED 1,143/sqft
Price:AED 1,465/sqft
Supply & Demand Matrix
THE DOME TOWER averaged 19% 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
17 units
0 sold17 left
0%
Velocity
Office
258 units
52 sold206 left
20%
Velocity
Layouts & Units (275)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 17,761-17,761sqft | Price Range — | Avg PSF 1,408 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 823-2,400sqft | Price Range — | Avg PSF 1,819 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-39 | Inventory 258units 79 layouts · Typically 1.2 parking 9-85 sqm balcony | Size Range 189-6,943sqft | Price Range AED 178K - AED 3.7M | Avg PSF 791 | Sales 335 | Trend — | |
Asset Class ShopPodium + Floors 1-28 | Inventory 17units 12 layouts · Typically 1.1 parking | Size Range 467-8,290sqft | Price Range — | Avg PSF 1,095 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 275 units