by KAPPA ACCA REAL ESTATE DEVELOPMENT·BUSINESS BAYResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⚠️ Past Expected DateConstruction Progress40.4%
Project Start
Jun 30, 2022
Expected Handover
Jun 30, 2025
Official Status
ACTIVE
Total Units
72
Avg Unit Size
3912 sqft
Freehold Ratio
100%
Escrow Agent
Arab Bank for Investment & Foreign Trade PJSC
Median Price
AED 13.05M
PSF
AED 3,906/sqft
Sales 12M
2
vs Area
+841.2%
Asset Turnover
ⓘ
2.8%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
72
Avg Unit Size
3912 sqft
2BR
29.2%1BR
11.1%4BR+
23.6%3BR
31.9%NA
2.8%Studio
1.4%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 3BR | 23 | 31.9% |
| 2BR | 21 | 29.2% |
| 4BR+ | 17 | 23.6% |
| 1BR | 8 | 11.1% |
| NA | 2 | 2.8% |
| Studio | 1 | 1.4% |
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 | 32.9% 23 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 2BR | 30.0% 21 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 4BR+ | 24.3% 17 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 1BR | 11.4% 8 units | 100.0% 3 sold | 8.77 | 🔥 HIGH DEMAND |
| Studio | 1.4% 1 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
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 |
|---|---|---|---|---|---|---|---|
16 Jan 2026 | BUSINESS BAY | 1BR | AED 5.60M | AED 3,918/sqft | Off-plan | Freehold | |
30 Dec 2025 | BUSINESS BAY | 1BR | AED 4.65M | AED 3,293/sqft | Off-plan | Freehold | |
1 Dec 2025 | BUSINESS BAY | 1BR | AED 5.68M | AED 3,818/sqft | Off-plan | Freehold | |
10 Mar 2025 | BUSINESS BAY | 4BR+ | AED 60.23M | AED 4,710/sqft | Off-plan | Freehold | |
13 Nov 2024 | BUSINESS BAY | 3BR | AED 12.20M | AED 4,064/sqft | Off-plan | Freehold | |
12 Sep 2024 | BUSINESS BAY | 4BR+ | AED 58.00M | AED 4,582/sqft | Off-plan | Freehold | |
19 Aug 2024 | BUSINESS BAY | 4BR+ | AED 27.20M | AED 4,864/sqft | Off-plan | Freehold | |
13 Jun 2024 | BUSINESS BAY | 4BR+ | AED 15.00M | AED 2,629/sqft | Off-plan | Freehold | |
13 Jun 2024 | BUSINESS BAY | 4BR+ | AED 15.00M | AED 2,361/sqft | Off-plan | Freehold | |
21 May 2024 | BUSINESS BAY | 4BR+ | AED 24.59M | AED 4,397/sqft | Off-plan | Freehold | |
6 May 2024 | BUSINESS BAY | 4BR+ | AED 54.00M | AED 4,260/sqft | Off-plan | Freehold | |
29 Feb 2024 | BUSINESS BAY | 3BR | AED 18.00M | AED 5,729/sqft | Off-plan | Freehold | |
29 Feb 2024 | BUSINESS BAY | 3BR | AED 14.91M | AED 4,674/sqft | Off-plan | Freehold | |
29 Feb 2024 | BUSINESS BAY | 3BR | AED 11.50M | AED 3,732/sqft | Off-plan | Freehold | |
29 Feb 2024 | BUSINESS BAY | 2BR | AED 9.70M | AED 3,901/sqft | Off-plan | Freehold | |
23 Feb 2024 | BUSINESS BAY | 1BR | AED 4.55M | AED 3,257/sqft | Off-plan | Freehold | |
21 Feb 2024 | BUSINESS BAY | 2BR | AED 11.10M | AED 3,452/sqft | Off-plan | Freehold | |
21 Feb 2024 | BUSINESS BAY | 2BR | AED 12.90M | AED 5,147/sqft | Off-plan | Freehold | |
13 Feb 2024 | BUSINESS BAY | 2BR | AED 8.50M | AED 3,401/sqft | Off-plan | Freehold | |
3 Nov 2023 | BUSINESS BAY | 2BR | AED 11.40M | AED 4,571/sqft | Off-plan | Freehold | |
26 Sep 2023 | BUSINESS BAY | 3BR | AED 13.20M | AED 3,910/sqft | Off-plan | Freehold | |
25 Jul 2023 | BUSINESS BAY | 2BR | AED 8.20M | AED 3,281/sqft | Off-plan | Freehold | |
20 Jun 2023 | BUSINESS BAY | 2BR | AED 9.60M | AED 3,841/sqft | Off-plan | Freehold | |
17 May 2023 | BUSINESS BAY | 3BR | AED 17.00M | AED 5,414/sqft | Off-plan | Freehold | |
10 Aug 2020 | BUSINESS BAY | AED 61.65M | AED 1,817/sqft | Ready | Freehold |