by ORION REAL ESTATE DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy
Development & Handover Profile
⚠️ Past Expected DateConstruction Progress76.6%
Project Start
Jan 1, 2016
Expected Handover
Feb 7, 2024
Official Status
ACTIVE
Total Units
253
Avg Unit Size
1057 sqft
Freehold Ratio
100%
Escrow Agent
Emirates Islamic Bank PJSC
Median Price
AED 1.35M
PSF
AED 1,259/sqft
Sales 12M
15
vs Area
-2.7%
Asset Turnover
ⓘ
5.9%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
253
Avg Unit Size
1057 sqft
1BR
30.8%2BR
47.4%Retail
0.4%Studio
9.5%3BR
11.9%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 2BR | 120 | 47.4% |
| 1BR | 78 | 30.8% |
| 3BR | 30 | 11.9% |
| Studio | 24 | 9.5% |
| Retail | 1 | 0.4% |
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 |
|---|---|---|---|---|
| 2BR | 47.6% 120 units | 50.0% 17 sold | 1.05 | ✓ BALANCED |
| 1BR | 31.0% 78 units | 8.8% 3 sold | 0.28 | ⚠️ LOW DEMAND |
| 3BR | 11.9% 30 units | 41.2% 14 sold | 3.46 | 🔥 HIGH DEMAND |
| Studio | 9.5% 24 units | 0.0% 0 sold | — | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
29 Jul 2026 | BUSINESS BAY | 2BR | AED 1.50M | AED 1,458/sqft | Off-plan | Freehold | |
4 Jul 2026 Published 6 Jul 2026 | BUSINESS BAY | 2BR | AED 1.45M | AED 1,410/sqft | Off-plan | Freehold | |
25 Jun 2026 Published 26 Jun 2026 | BUSINESS BAY | 3BR | AED 3.60M | AED 1,970/sqft | Off-plan | Freehold | |
24 Jun 2026 | BUSINESS BAY | 3BR | AED 3.60M | AED 1,977/sqft | Off-plan | Freehold | |
24 Jun 2026 | BUSINESS BAY | 3BR | AED 3.60M | AED 1,977/sqft | Off-plan | Freehold | |
24 Jun 2026 | BUSINESS BAY | 3BR | AED 3.60M | AED 1,977/sqft | Off-plan | Freehold | |
10 Jun 2026 | BUSINESS BAY | 3BR | AED 2.25M | AED 1,235/sqft | Off-plan | Freehold | |
10 Jun 2026 | BUSINESS BAY | 3BR | AED 2.25M | AED 1,235/sqft | Off-plan | Freehold | |
3 Jun 2026 | BUSINESS BAY | 2BR | AED 1.40M | AED 1,361/sqft | Off-plan | Freehold | |
21 May 2026 | BUSINESS BAY | 3BR | AED 2.25M | AED 1,235/sqft | Off-plan | Freehold | |
18 May 2026 | BUSINESS BAY | 2BR | AED 800K | AED 665/sqft | Off-plan | Freehold | |
11 May 2026 | BUSINESS BAY | 3BR | AED 2.25M | AED 1,235/sqft | Off-plan | Freehold | |
11 May 2026 | BUSINESS BAY | 2BR | AED 1.73M | AED 1,536/sqft | Off-plan | Freehold | |
6 May 2026 Published 7 May 2026 | BUSINESS BAY | 2BR | AED 2.00M | AED 1,945/sqft | Off-plan | Freehold | |
21 Apr 2026 Published 22 Apr 2026 | BUSINESS BAY | 2BR | AED 1.80M | AED 1,750/sqft | Off-plan | Freehold | |
23 Mar 2026 Published 24 Mar 2026 | BUSINESS BAY | 2BR | AED 1.88M | AED 1,665/sqft | Off-plan | Freehold | |
26 Feb 2026 | BUSINESS BAY | 3BR | AED 3.30M | AED 1,806/sqft | Off-plan | Freehold | |
6 Feb 2026 | BUSINESS BAY | 1BR | AED 1.25M | AED 1,850/sqft | Off-plan | Freehold | |
8 Jan 2026 | BUSINESS BAY | 3BR | AED 2.48M | AED 1,357/sqft | Off-plan | Freehold | |
23 Dec 2025 | BUSINESS BAY | 3BR | AED 2.30M | AED 1,259/sqft | Off-plan | Freehold | |
9 Dec 2025 | BUSINESS BAY | 1BR | AED 1.38M | AED 1,569/sqft | Off-plan | Freehold | |
9 Dec 2025 | BUSINESS BAY | 1BR | AED 1.38M | AED 1,573/sqft | Off-plan | Freehold | |
8 Dec 2025 | BUSINESS BAY | 2BR | AED 1.72M | AED 1,521/sqft | Off-plan | Freehold | |
8 Dec 2025 | BUSINESS BAY | 2BR | AED 1.72M | AED 1,521/sqft | Off-plan | Freehold | |
21 Nov 2025 | BUSINESS BAY | 3BR | AED 2.50M | AED 1,368/sqft | Off-plan | Freehold | |
21 Oct 2025 | BUSINESS BAY | 3BR | AED 2.40M | AED 1,313/sqft | Off-plan | Freehold | |
20 Oct 2025 | BUSINESS BAY | 2BR | AED 1.88M | AED 1,563/sqft | Off-plan | Freehold | |
6 Oct 2025 | BUSINESS BAY | 2BR | AED 1.85M | AED 1,634/sqft | Off-plan | Freehold | |
30 Sep 2025 | BUSINESS BAY | 3BR | AED 2.40M | AED 1,318/sqft | Off-plan | Freehold | |
24 Sep 2025 | BUSINESS BAY | 2BR | AED 1.60M | AED 1,556/sqft | Off-plan | Freehold |