Sales-led · bank-light · V2.1
The underwriting builds the tower. The icon creates the upside.
AED 3.997B
Off-plan gross
AED 2.655B
Construction ex-land
≈AED 99M
SPV funding trough
US$175–225M
Seed pre-money
SPV cash intelligence · AED M
FY31 +1,112
Collections 600Capex -265
NPV simulator · residential pricing
AED 1,287M
+≈AED 86M NPV per +AED 100/sq ft · 11.5% WACC
2,000AED 2,300/sq ft3,100
Branded Residences3036M
Hotel Apartments368.6M
Offices336M
Retail218.4M
Workshop Suites37.8M
Underwriting
≈AED 3.997B
Construction cover ≈151%
Global Icon
≈AED 4.78B
Construction cover ≈180%
Landmark Upside
≈AED 5.43B
Construction cover ≈205%
Global Icon and Landmark Upside are illustrative sensitivities only, not appraisals or forecasts.