by RVL REAL ESTATE L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⚠️ Past Expected DateConstruction Progress26.8%
Project Start
Oct 31, 2023
Expected Handover
Apr 1, 2026
Official Status
ACTIVE
Total Units
53
Avg Unit Size
5281 sqft
Freehold Ratio
100%
Escrow Agent
Emirates NBD (ENBD)
Median Price
AED 19.47M
PSF
AED 3,807/sqft
Sales 12M
0
vs Area
+1304.2%
Asset Turnover
ⓘ
0.0%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
53
Avg Unit Size
5281 sqft
4BR+
22.6%2BR
35.8%3BR
41.5%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 3BR | 22 | 41.5% |
| 2BR | 19 | 35.8% |
| 4BR+ | 12 | 22.6% |
Price & Volume Trend
Unit Liquidity Matrix
⚠️ Ghost Units DetectedCompares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| 3BR | 41.5% 22 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 2BR | 35.8% 19 units | 100.0% 1 sold | 2.79 | ⚠️ STAGNANT |
| 4BR+ | 22.6% 12 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
1 Apr 2026 | BUSINESS BAY | 2BR | AED 17.40M | AED 4,915/sqft | Off-plan | Freehold | |
13 Aug 2025 | BUSINESS BAY | 3BR | AED 19.15M | AED 3,667/sqft | Off-plan | Freehold | |
15 Jul 2025 | BUSINESS BAY | 2BR | AED 11.90M | AED 4,040/sqft | Off-plan | Freehold | |
19 Jun 2025 | BUSINESS BAY | 2BR | AED 14.33M | AED 3,813/sqft | Off-plan | Freehold | |
3 Jun 2025 | BUSINESS BAY | 2BR | AED 20.43M | AED 5,560/sqft | Off-plan | Freehold | |
18 Dec 2024 | BUSINESS BAY | 3BR | AED 26.79M | AED 4,143/sqft | Off-plan | Freehold | |
14 Nov 2024 | BUSINESS BAY | 2BR | AED 17.10M | AED 4,789/sqft | Off-plan | Freehold | |
3 Sep 2024 | BUSINESS BAY | 3BR | AED 19.80M | AED 3,828/sqft | Off-plan | Freehold | |
30 May 2024 | BUSINESS BAY | 3BR | AED 26.95M | AED 5,495/sqft | Off-plan | Freehold | |
27 May 2024 | BUSINESS BAY | 2BR | AED 11.70M | AED 3,906/sqft | Off-plan | Freehold | |
20 May 2024 | BUSINESS BAY | 2BR | AED 10.19M | AED 3,419/sqft | Off-plan | Freehold | |
3 Apr 2024 | BUSINESS BAY | 2BR | AED 11.19M | AED 3,801/sqft | Off-plan | Freehold | |
14 Mar 2024 | BUSINESS BAY | 2BR | AED 14.75M | AED 3,792/sqft | Off-plan | Freehold | |
26 Feb 2024 | BUSINESS BAY | 2BR | AED 12.94M | AED 3,504/sqft | Off-plan | Freehold | |
16 Feb 2024 | BUSINESS BAY | 3BR | AED 22.50M | AED 4,704/sqft | Off-plan | Freehold | |
3 Oct 2022 | BUSINESS BAY | AED 74.28M | AED 1,992/sqft | Ready | Freehold | ||
11 Mar 2021 | BUSINESS BAY | AED 59.69M | AED 1,601/sqft | Ready | Freehold | ||
15 Mar 2016 | BUSINESS BAY | AED 60.00M | AED 1,609/sqft | Ready | Freehold | ||
26 Nov 2013 | BUSINESS BAY | AED 50.58M | AED 1,357/sqft | Ready | Freehold |