by BANDO ENGINEERING & CONSTRUCTION CO LTD - DUBAI BRANCH·BUSINESS BAYResidentialFreehold
Development & Handover Profile
✓ Handover CompleteConstruction Progress100.0%
Project Start
Oct 1, 2006
Expected Handover
Jan 20, 2011
Official Status
FINISHED
Total Units
305
Avg Unit Size
4365 sqft
Freehold Ratio
100%
Escrow Agent
Standard Chartered Bank
Median Price
AED 1.27M
PSF
AED 1,228/sqft
Sales 12M
9
vs Area
-8.1%
Asset Turnover
ⓘ
3.0%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
305
Avg Unit Size
4365 sqft
1BR
32.3%Retail
10.1%Office
34.1%2BR
21.7%3BR
1.5%NA
0.2%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| Office | 138 | 34.1% |
| 1BR | 131 | 32.3% |
| 2BR | 88 | 21.7% |
| Retail | 41 | 10.1% |
| 3BR | 6 | 1.5% |
| NA | 1 | 0.2% |
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 |
|---|---|---|---|---|
| Office | 38.0% 138 units | 0.0% 0 sold | — | 🚫 GHOST UNIT |
| 1BR | 36.1% 131 units | 71.4% 15 sold | 1.98 | 🔥 HIGH DEMAND |
| 2BR | 24.2% 88 units | 23.8% 5 sold | 0.98 | ✓ BALANCED |
| 3BR | 1.7% 6 units | 4.8% 1 sold | 2.82 | ⚠️ 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 |
|---|---|---|---|---|---|---|---|
10 Aug 2026 | BUSINESS BAY | 1BR | AED 1.15M | AED 1,147/sqft | Ready | Freehold | |
29 Jul 2026 | BUSINESS BAY | 1BR | AED 1.25M | AED 1,344/sqft | Ready | Freehold | |
12 May 2026 | BUSINESS BAY | 2BR | AED 2.24M | AED 640/sqft | Ready | Freehold | |
1 May 2026 | BUSINESS BAY | 1BR | AED 1.13M | AED 1,139/sqft | Ready | Freehold | |
31 Mar 2026 | BUSINESS BAY | 2BR | AED 2.30M | AED 1,367/sqft | Ready | Freehold | |
18 Mar 2026 | BUSINESS BAY | 1BR | AED 1.25M | AED 1,249/sqft | Ready | Freehold | |
18 Feb 2026 Published 19 Feb 2026 | BUSINESS BAY | 2BR | AED 1.88M | AED 1,199/sqft | Ready | Freehold | |
4 Feb 2026 | BUSINESS BAY | 1BR | AED 1.27M | AED 1,228/sqft | Ready | Freehold | |
13 Jan 2026 | BUSINESS BAY | 1BR | AED 1.31M | AED 1,240/sqft | Ready | Freehold | |
24 Dec 2025 | BUSINESS BAY | 1BR | AED 1.20M | AED 1,213/sqft | Ready | Freehold | |
26 Nov 2025 | BUSINESS BAY | 1BR | AED 1.24M | AED 1,226/sqft | Ready | Freehold | |
25 Nov 2025 | BUSINESS BAY | 3BR | AED 2.90M | AED 1,277/sqft | Ready | Freehold | |
30 Oct 2025 | BUSINESS BAY | 1BR | AED 960K | AED 1,345/sqft | Ready | Freehold | |
14 Oct 2025 | BUSINESS BAY | 2BR | AED 2.56M | AED 1,227/sqft | Ready | Freehold | |
13 Oct 2025 | BUSINESS BAY | 1BR | AED 1.25M | AED 1,265/sqft | Ready | Freehold | |
6 Oct 2025 | BUSINESS BAY | 1BR | AED 1.02M | AED 1,436/sqft | Ready | Freehold | |
6 Oct 2025 | BUSINESS BAY | 1BR | AED 1.10M | AED 1,042/sqft | Ready | Freehold | |
3 Oct 2025 | BUSINESS BAY | 2BR | AED 1.80M | AED 1,151/sqft | Ready | Freehold | |
26 Sep 2025 | BUSINESS BAY | 1BR | AED 1.19M | AED 1,203/sqft | Ready | Freehold | |
29 Aug 2025 | BUSINESS BAY | 1BR | AED 1.07M | AED 1,244/sqft | Ready | Freehold | |
26 Aug 2025 | BUSINESS BAY | 1BR | AED 1.25M | AED 1,344/sqft | Ready | Freehold | |
25 Jul 2025 | BUSINESS BAY | 3BR | AED 3.05M | AED 1,227/sqft | Ready | Freehold | |
17 Jul 2025 | BUSINESS BAY | 1BR | AED 1.33M | AED 1,256/sqft | Ready | Freehold | |
16 Jul 2025 | BUSINESS BAY | 1BR | AED 1.19M | AED 1,207/sqft | Ready | Freehold | |
7 Jul 2025 | BUSINESS BAY | 1BR | AED 1.65M | AED 1,052/sqft | Ready | Freehold | |
25 Jun 2025 | BUSINESS BAY | 2BR | AED 2.05M | AED 1,311/sqft | Ready | Freehold | |
19 Jun 2025 | BUSINESS BAY | 1BR | AED 1.18M | AED 557/sqft | Ready | Freehold | |
3 Jun 2025 | BUSINESS BAY | 2BR | AED 1.95M | AED 1,248/sqft | Ready | Freehold | |
27 May 2025 | BUSINESS BAY | 1BR | AED 965K | AED 1,352/sqft | Ready | Freehold | |
12 May 2025 | BUSINESS BAY | 2BR | AED 2.85M | AED 1,490/sqft | Ready | Freehold |