PRIME BUSINESS CENTER
ResaleDeveloperPRESCOTT ENTERPRISES LTD
CommunityJumeirah Village Circle
Started
18 years 3 months ago18-10-2007
Handover
15 years 7 months ago20-06-2010
Status
CompleteFinished
Project Description
Office Building located in Jumeirah Village Circle. The Building comprises 2 Basements, Ground, 2 Podiums and 17 Floors.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 1,090/sqft
Last 12M:AED 1,080/sqft
Momentum: Last 12Mvs Prior Year
Rising+44%
GrowthLast 12M:AED 1,080/sqft
Prior Year:AED 751/sqft
Community Compare: Last 90DJumeirah Village Circle
Discount-13%
Below AvgProject:AED 1,090/sqft
Community:AED 1,255/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
23Sold (Last 12M)
Supply & Demand Matrix
PRIME BUSINESS CENTER averaged 13% 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
4 units
0 sold4 left
0%
Velocity
Office
174 units
23 sold151 left
13%
Velocity
Layouts & Units (178)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 48,509-48,509sqft | Price Range — | Avg PSF 384 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,680-1,680sqft | Price Range — | Avg PSF 1,930 | Sales 0 | Trend — | |
Asset Class OfficePodium + Floors 1-17 | Inventory 174units 30 layouts · Typically 1.7 parking 5-25 sqm balcony | Size Range 525-2,686sqft | Price Range AED 225K - AED 2.3M | Avg PSF 661 | Sales 281 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 3 parking | Size Range 1,618-1,904sqft | Price Range AED 1.7M - AED 2.5M | Avg PSF 1,264 | Sales 7 | Trend — |
Grouped into 4 asset classes covering 178 units