by ALSEEB REAL ESTATE DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreehold
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Mar 1, 2014
Expected Handover
Aug 29, 2017
Official Status
FINISHED
Total Units
185
Avg Unit Size
808 sqft
Freehold Ratio
100%
Escrow Agent
Noor Bank PJSC
Median Price
AED 663K
PSF
AED 1,367/sqft
Sales 12M
5
vs Area
-52.2%
Asset Turnover
ⓘ
2.7%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
185
Avg Unit Size
808 sqft
1BR
29.2%2BR
10.8%4BR+
1.1%Retail
3.8%Studio
55.1%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| Studio | 102 | 55.1% |
| 1BR | 54 | 29.2% |
| 2BR | 20 | 10.8% |
| Retail | 7 | 3.8% |
| 4BR+ | 2 | 1.1% |
Price & Volume Trend
Unit Liquidity Matrix
Compares 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 |
|---|---|---|---|---|
| Studio | 57.3% 102 units | 88.9% 16 sold | 1.55 | 🔥 HIGH DEMAND |
| 1BR | 30.3% 54 units | 11.1% 2 sold | 0.37 | ⚠️ STAGNANT |
| 2BR | 11.2% 20 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
| 4BR+ | 1.1% 2 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
3 Jul 2026 | BUSINESS BAY | Studio | AED 660K | AED 1,367/sqft | Ready | Freehold | |
11 Jun 2026 | BUSINESS BAY | Studio | AED 663K | AED 1,373/sqft | Ready | Freehold | |
5 Jun 2026 Published 8 Jun 2026 | BUSINESS BAY | Studio | AED 615K | AED 1,271/sqft | Ready | Freehold | |
11 May 2026 | BUSINESS BAY | 1BR | AED 1.20M | AED 1,167/sqft | Ready | Freehold | |
8 Jan 2026 | BUSINESS BAY | Studio | AED 675K | AED 1,407/sqft | Ready | Freehold | |
19 Nov 2025 | BUSINESS BAY | Studio | AED 685K | AED 1,428/sqft | Ready | Freehold | |
19 Nov 2025 | BUSINESS BAY | 1BR | AED 950K | AED 1,024/sqft | Ready | Freehold | |
18 Nov 2025 | BUSINESS BAY | Studio | AED 750K | AED 1,550/sqft | Ready | Freehold | |
18 Nov 2025 | BUSINESS BAY | Studio | AED 750K | AED 1,564/sqft | Ready | Freehold | |
18 Nov 2025 | BUSINESS BAY | Studio | AED 750K | AED 1,554/sqft | Ready | Freehold | |
18 Nov 2025 | BUSINESS BAY | Studio | AED 750K | AED 1,564/sqft | Ready | Freehold | |
17 Nov 2025 | BUSINESS BAY | Studio | AED 750K | AED 1,554/sqft | Ready | Freehold | |
17 Nov 2025 | BUSINESS BAY | Studio | AED 750K | AED 1,564/sqft | Ready | Freehold | |
17 Nov 2025 | BUSINESS BAY | Studio | AED 750K | AED 1,554/sqft | Ready | Freehold | |
23 Sep 2025 | BUSINESS BAY | Studio | AED 610K | AED 1,270/sqft | Ready | Freehold | |
22 Sep 2025 | BUSINESS BAY | Studio | AED 680K | AED 1,409/sqft | Ready | Freehold | |
4 Sep 2025 | BUSINESS BAY | Studio | AED 670K | AED 1,388/sqft | Ready | Freehold | |
27 Aug 2025 | BUSINESS BAY | Studio | AED 628K | AED 1,315/sqft | Ready | Freehold | |
12 Aug 2025 | BUSINESS BAY | Studio | AED 650K | AED 1,355/sqft | Ready | Freehold | |
22 Jul 2025 | BUSINESS BAY | 1BR | AED 1.30M | AED 1,480/sqft | Ready | Freehold | |
30 May 2025 | BUSINESS BAY | Studio | AED 660K | AED 1,364/sqft | Ready | Freehold | |
15 May 2025 | BUSINESS BAY | 1BR | AED 900K | AED 1,025/sqft | Ready | Freehold | |
5 May 2025 | BUSINESS BAY | Studio | AED 670K | AED 1,423/sqft | Ready | Freehold | |
30 Apr 2025 | BUSINESS BAY | Studio | AED 660K | AED 1,367/sqft | Ready | Freehold | |
21 Apr 2025 | BUSINESS BAY | 1BR | AED 1.07M | AED 1,040/sqft | Ready | Freehold | |
18 Mar 2025 | BUSINESS BAY | 2BR | AED 1.61M | AED 998/sqft | Ready | Freehold | |
12 Mar 2025 | BUSINESS BAY | Studio | AED 675K | AED 1,407/sqft | Ready | Freehold | |
25 Feb 2025 | BUSINESS BAY | Studio | AED 650K | AED 1,360/sqft | Ready | Freehold | |
21 Feb 2025 | BUSINESS BAY | Studio | AED 600K | AED 1,221/sqft | Ready | Freehold | |
21 Feb 2025 | BUSINESS BAY | Studio | AED 600K | AED 1,243/sqft | Ready | Freehold |