Home›Projects›CRYSTAL TOWER

CRYSTAL TOWER

by REEF REAL ESTATE INVESTMENT CO (L.L.C)·BUSINESS BAYResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Apr 20, 2007
Expected Handover
Jan 26, 2010
Total Units
425
Avg Unit Size
1981 sqft
Freehold Ratio
100%
Escrow Agent
N/A
Median Price
AED 1.68M
PSF
AED 1,750/sqft
Sales 12M
5
vs Area
+21.1%
Asset Turnover
ⓘ
1.2%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
425
Avg Unit Size
1981 sqft
1BR
57.9%
Office
14.6%
Retail
7.4%
2BR
4.1%
Hotel
0.2%
3BR
15.8%

Room Configuration

Unit TypeCountShare
1BR24257.9%
3BR6615.8%
Office6114.6%
Retail317.4%
2BR174.1%
Hotel10.2%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

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
1BR62.7%
242 units
60.0%
18 sold
0.96✓ BALANCED
3BR17.1%
66 units
0.0%
0 sold
—🚫 GHOST UNIT
Office15.8%
61 units
33.3%
10 sold
2.11🔥 HIGH DEMAND
2BR4.4%
17 units
6.7%
2 sold
1.52⚠️ 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

DateAreaProjectRoomsPricePSFStatusOwnership
21 Jul 2026
BUSINESS BAYOfficeAED 1.12MAED 1,938/sqftReadyFreehold
21 Jul 2026
BUSINESS BAYOfficeAED 1.68MAED 1,778/sqftReadyFreehold
20 Jul 2026
BUSINESS BAYOfficeAED 1.35MAED 1,696/sqftReadyFreehold
13 Mar 2026
BUSINESS BAYOfficeAED 4.60MAED 1,750/sqftReadyFreehold
13 Mar 2026
BUSINESS BAYOfficeAED 3.57MAED 1,750/sqftReadyFreehold
16 Dec 2025
BURJ KHALIFAOfficeAED 2.67MAED 1,314/sqftReadyFreehold
16 Dec 2025
BURJ KHALIFAOfficeAED 3.45MAED 1,314/sqftReadyFreehold
16 Dec 2025
BURJ KHALIFAOfficeAED 2.68MAED 1,314/sqftReadyFreehold
20 Oct 2025
BURJ KHALIFAOfficeAED 1.90MAED 1,749/sqftReadyFreehold
30 Sep 2025
BURJ KHALIFAOfficeAED 1.60MAED 2,010/sqftReadyFreehold
6 Aug 2025
BURJ KHALIFAOfficeAED 1.25MAED 1,570/sqftReadyFreehold
5 Aug 2025
BURJ KHALIFAOfficeAED 1.30MAED 1,633/sqftReadyFreehold
24 Jul 2025
BURJ KHALIFAOfficeAED 3.00MAED 1,986/sqftReadyFreehold
22 May 2025
BURJ KHALIFAOfficeAED 2.24MAED 1,484/sqftReadyFreehold
16 Apr 2025
BURJ KHALIFAOfficeAED 2.28MAED 1,123/sqftReadyFreehold
24 Mar 2025
BURJ KHALIFAOfficeAED 3.60MAED 1,371/sqftReadyFreehold
24 Mar 2025
BURJ KHALIFAOfficeAED 2.63MAED 1,290/sqftReadyFreehold
23 Jan 2025
BURJ KHALIFAOfficeAED 1.25MAED 1,151/sqftReadyFreehold
27 Jun 2024
BURJ KHALIFAOfficeAED 2.30MAED 1,127/sqftReadyFreehold
10 May 2024
BURJ KHALIFAOfficeAED 3.00MAED 1,142/sqftReadyFreehold
21 Feb 2024
BURJ KHALIFAOfficeAED 3.00MAED 1,142/sqftReadyFreehold
20 Nov 2023
BURJ KHALIFAOfficeAED 2.50MAED 951/sqftReadyFreehold
6 Nov 2023
BURJ KHALIFAOfficeAED 1.20MAED 1,105/sqftReadyFreehold
20 Oct 2023
BURJ KHALIFAOfficeAED 2.04MAED 775/sqftReadyFreehold
20 Oct 2023
BURJ KHALIFAOfficeAED 1.60MAED 784/sqftReadyFreehold
20 Oct 2023
BURJ KHALIFAOfficeAED 1.56MAED 771/sqftReadyFreehold
21 Feb 2023
BURJ KHALIFAOfficeAED 800KAED 737/sqftReadyFreehold
21 Dec 2022
BURJ KHALIFAOfficeAED 401KAED 266/sqftReadyFreehold
21 Dec 2022
BURJ KHALIFAOfficeAED 1.27MAED 844/sqftReadyFreehold
8 Sep 2022
BURJ KHALIFAOfficeAED 917KAED 607/sqftReadyFreehold
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