by ALSEEB REAL ESTATE DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress33.1%
Project Start
Oct 1, 2023
Expected Handover
N/A
Official Status
ACTIVE
Total Units
238
Avg Unit Size
1077 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 1.56M
PSF
AED 2,205/sqft
Sales 12M
26
vs Area
+12.6%
Asset Turnover
ⓘ
10.9%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
238
Avg Unit Size
1077 sqft
1BR
67.2%2BR
7.5%3BR
7.9%Studio
14.9%NA
2.5%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 162 | 67.2% |
| Studio | 36 | 14.9% |
| 3BR | 19 | 7.9% |
| 2BR | 18 | 7.5% |
| NA | 6 | 2.5% |
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 |
|---|---|---|---|---|
| 1BR | 68.9% 162 units | 84.1% 53 sold | 1.22 | 🔥 HIGH DEMAND |
| Studio | 15.3% 36 units | 3.2% 2 sold | 0.21 | 🚫 GHOST UNIT |
| 3BR | 8.1% 19 units | 4.8% 3 sold | 0.59 | ⚠️ LOW DEMAND |
| 2BR | 7.7% 18 units | 7.9% 5 sold | 1.03 | ✓ BALANCED |
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 |
|---|---|---|---|---|---|---|---|
13 Aug 2026 | BUSINESS BAY | 1BR | AED 1.54M | AED 2,205/sqft | Off-plan | Freehold | |
21 Jul 2026 Published 22 Jul 2026 | BUSINESS BAY | 1BR | AED 2.22M | AED 1,981/sqft | Off-plan | Freehold | |
2 Jul 2026 | BUSINESS BAY | 2BR | AED 3.05M | AED 1,836/sqft | Off-plan | Freehold | |
20 Jun 2026 Published 22 Jun 2026 | BUSINESS BAY | 1BR | AED 2.04M | AED 1,821/sqft | Off-plan | Freehold | |
27 Apr 2026 | BUSINESS BAY | 1BR | AED 1.49M | AED 2,262/sqft | Off-plan | Freehold | |
8 Apr 2026 | BUSINESS BAY | 1BR | AED 2.07M | AED 1,847/sqft | Off-plan | Freehold | |
8 Apr 2026 | BUSINESS BAY | 1BR | AED 2.19M | AED 2,047/sqft | Off-plan | Freehold | |
8 Apr 2026 | BUSINESS BAY | 1BR | AED 2.13M | AED 1,984/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.59M | AED 2,414/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.53M | AED 2,317/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.59M | AED 2,414/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.56M | AED 2,372/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.56M | AED 2,372/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.53M | AED 2,317/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.53M | AED 2,317/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.53M | AED 2,317/sqft | Off-plan | Freehold | |
31 Mar 2026 | BUSINESS BAY | 1BR | AED 1.49M | AED 2,262/sqft | Off-plan | Freehold | |
24 Mar 2026 | BUSINESS BAY | 2BR | AED 3.11M | AED 1,874/sqft | Off-plan | Freehold | |
9 Mar 2026 | BUSINESS BAY | 1BR | AED 1.49M | AED 2,262/sqft | Off-plan | Freehold | |
26 Feb 2026 | BUSINESS BAY | 1BR | AED 1.81M | AED 2,386/sqft | Off-plan | Freehold | |
17 Feb 2026 | BUSINESS BAY | 1BR | AED 1.54M | AED 2,205/sqft | Off-plan | Freehold | |
12 Feb 2026 | BUSINESS BAY | 3BR | AED 4.43M | AED 1,632/sqft | Off-plan | Freehold | |
6 Feb 2026 | BUSINESS BAY | 1BR | AED 1.35M | AED 2,052/sqft | Off-plan | Freehold | |
5 Feb 2026 | BUSINESS BAY | 1BR | AED 1.45M | AED 2,202/sqft | Off-plan | Freehold | |
17 Jan 2026 Published 19 Jan 2026 | BUSINESS BAY | 1BR | AED 1.54M | AED 2,205/sqft | Off-plan | Freehold | |
16 Jan 2026 Published 19 Jan 2026 | BUSINESS BAY | 2BR | AED 2.96M | AED 1,785/sqft | Off-plan | Freehold | |
29 Dec 2025 | BUSINESS BAY | 1BR | AED 1.42M | AED 2,154/sqft | Off-plan | Freehold | |
24 Dec 2025 | BUSINESS BAY | 1BR | AED 1.97M | AED 1,759/sqft | Off-plan | Freehold | |
23 Dec 2025 | BUSINESS BAY | 1BR | AED 1.57M | AED 2,138/sqft | Off-plan | Freehold | |
22 Dec 2025 | BUSINESS BAY | 1BR | AED 1.52M | AED 2,312/sqft | Off-plan | Freehold |