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THE CRESTMARK

by ELLINGTON PROPERTIES DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction
Construction Progress24.6%
Project Start
Sep 26, 2023
Expected Handover
N/A
Total Units
191
Avg Unit Size
1225 sqft
Freehold Ratio
100%
Escrow Agent
Commercial Bank of Dubai
Median Price
AED 3.09M
PSF
AED 2,724/sqft
Sales 12M
14
vs Area
+122.7%
Asset Turnover
ⓘ
7.3%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
191
Avg Unit Size
1225 sqft
2BR
41.4%
1BR
34.0%
4BR+
1.6%
Studio
8.9%
NA
0.5%
3BR
13.6%

Room Configuration

Unit TypeCountShare
2BR7941.4%
1BR6534.0%
3BR2613.6%
Studio178.9%
4BR+31.6%
NA10.5%

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 TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR41.6%
79 units
33.3%
10 sold
0.80✓ BALANCED
1BR34.2%
65 units
43.3%
13 sold
1.27🔥 HIGH DEMAND
3BR13.7%
26 units
16.7%
5 sold
1.22🔥 HIGH DEMAND
Studio8.9%
17 units
6.7%
2 sold
0.75⚠️ STAGNANT
4BR+1.6%
3 units
0.0%
0 sold
—⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
27 Jul 2026
Published 28 Jul 2026
BUSINESS BAY3BRAED 4.40MAED 2,712/sqftOff-planFreehold
30 Jun 2026
BUSINESS BAY2BRAED 2.42MAED 2,286/sqftOff-planFreehold
5 Jun 2026
Published 8 Jun 2026
BUSINESS BAY2BRAED 3.96MAED 2,819/sqftOff-planFreehold
15 May 2026
BUSINESS BAY1BRAED 2.26MAED 3,033/sqftOff-planFreehold
27 Apr 2026
Published 28 Apr 2026
BUSINESS BAY1BRAED 2.47MAED 2,457/sqftOff-planFreehold
27 Apr 2026
Published 28 Apr 2026
BUSINESS BAY1BRAED 2.55MAED 2,568/sqftOff-planFreehold
27 Apr 2026
Published 28 Apr 2026
BUSINESS BAY1BRAED 2.69MAED 2,631/sqftOff-planFreehold
17 Apr 2026
Published 20 Apr 2026
BUSINESS BAY2BRAED 3.05MAED 2,880/sqftOff-planFreehold
9 Apr 2026
BUSINESS BAY2BRAED 3.28MAED 3,105/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAY1BRAED 1.93MAED 2,589/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAYStudioAED 1.29MAED 2,599/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAY2BRAED 3.04MAED 2,457/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAY1BRAED 2.22MAED 2,228/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAY1BRAED 2.36MAED 2,251/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAY1BRAED 2.01MAED 2,597/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAY1BRAED 2.32MAED 2,271/sqftOff-planFreehold
23 Jan 2026
BUSINESS BAY2BRAED 3.30MAED 2,399/sqftOff-planFreehold
5 Dec 2025
BUSINESS BAY1BRAED 2.98MAED 2,919/sqftOff-planFreehold
30 Oct 2025
BUSINESS BAY1BRAED 2.90MAED 2,839/sqftOff-planFreehold
30 Oct 2025
BUSINESS BAY3BRAED 4.20MAED 2,482/sqftOff-planFreehold
24 Oct 2025
BUSINESS BAY2BRAED 3.41MAED 2,719/sqftOff-planFreehold
20 Oct 2025
BUSINESS BAY3BRAED 10.81MAED 3,077/sqftOff-planFreehold
6 Oct 2025
BUSINESS BAYStudioAED 1.65MAED 3,329/sqftOff-planFreehold
18 Sep 2025
BUSINESS BAY3BRAED 4.92MAED 2,888/sqftOff-planFreehold
18 Sep 2025
BUSINESS BAYAED 14.10MAED 4,649/sqftOff-planFreehold
10 Sep 2025
BUSINESS BAY1BRAED 2.08MAED 2,783/sqftOff-planFreehold
4 Sep 2025
BUSINESS BAY2BRAED 3.28MAED 3,097/sqftOff-planFreehold
4 Sep 2025
BUSINESS BAY2BRAED 3.20MAED 3,038/sqftOff-planFreehold
3 Sep 2025
BUSINESS BAY2BRAED 3.65MAED 2,682/sqftOff-planFreehold
27 Aug 2025
BUSINESS BAY3BRAED 4.70MAED 2,731/sqftOff-planFreehold
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