Video by offplanjosh

Okay, so let's go through the data in as much detail as we possibly can, because as we know, grade A commercial within Dubai is super, super scarce. And actually, we need to compare to the off-plan launches that have happened over the last two or three years, because that's the most relevant data to what we're looking at, because the buildings that are secondary are so old,

they bring down the average values. So again, if we're looking in business bay, I'm just going to look at the secondary market versus the off-plan market to start with, because of course, as a secondary market average, this is an important number because you've got some buildings that were built 20 plus years ago. So of course, the average price of the secondary market doesn't

really make sense versus the off-plan market. Now, of course, we're looking in business bay. So when we look at the particular business bay off-plan launches, we have the HG by Rove. Now, again, this was sold as as small as a small cubicle office, and the average price was 4,683 during off plan. Again, then we've got the three on the app buildings, which of course, this is super,

super premium grade A. So again, we've got the one in Marassi Bay and we've got the two in Business Bay but they were launched at such a high price point And then of course this is actually Boulevard Plaza This is actually the building that we in right now I thought it important to show the average price per square foot of this building because that is the secondary market price

So, of course, we know that Business Bay in downtown is a much higher price per square foot. Now, if we look at JLT, so again, JLT, as we know, is full of older buildings. So the average price per square foot in the secondary market doesn't really make sense. However, when we look at the off-plan market average price per square foot,