DETROIT HOUSE
ResaleDeveloperAL TAMIMI INVESTMENTS LIMITED
CommunityMotor City
AreaAl Hebiah First
Started
17 years 10 months ago18-03-2008
Handover
15 years 6 months ago11-07-2010
Status
CompleteFinished
Project Description
Freehold commercial building development located in Dubai Motor City. The building is designed and constructed as a 2B+G+10 storey. The building is being constructed as a concrete structure with external and internal 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+25%
GrowthCurrent:AED 1,297/sqft
Last 12M:AED 1,035/sqft
Momentum: Last 12Mvs Prior Year
Rising+40%
GrowthLast 12M:AED 1,035/sqft
Prior Year:AED 737/sqft
Community Compare: Last 90DMotor City
Discount-18%
Below AvgProject:AED 1,297/sqft
Community:AED 1,579/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
DETROIT HOUSE 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
9 units
0 sold9 left
0%
Velocity
Office
150 units
16 sold134 left
11%
Velocity
Layouts & Units (159)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Building | Inventory 0units | Size Range 69,415-69,415sqft | Price Range — | Avg PSF 365 | Sales 0 | Trend — | |
Asset Class OfficeFloors 1-10 | Inventory 150units 73 layouts · Typically 2.3 parking ~19 sqm balcony | Size Range 422-2,850sqft | Price Range AED 189K - AED 3.0M | Avg PSF 735 | Sales 152 | Trend — | |
Asset Class ShopPodium | Inventory 9units 9 layouts · Typically 2.7 parking | Size Range 609-2,393sqft | Price Range AED 900K - AED 3.8M | Avg PSF 1,083 | Sales 10 | Trend — |
Grouped into 3 asset classes covering 159 units