Bluewaters Residences

Mature
Started
11 years ago04-01-2015
Handover
6 years 11 months ago13-02-2019
Status
CompleteFinished
Project Description

PROJECT CONSISTS OF 10 RESIDENTIAL BUILDING WITH COMMON BASEMENT AND RETAIL AT GF + 17 X (G+1) TOWNHOUSES (BLDG. A = G+6+R, B = G+7+R, C = G+8+R, D & E = G+7+R, F = G+11+PH, G = G+13+PH, H = G+14+PH, J = G+12+PH & K = G+9+R) LOCATED IN MARSA DUBAI. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+3%
Growth
Current:AED 5,916/sqft
Last 12M:AED 5,736/sqft
Momentum: Last 12Mvs Prior Year
Rising
+8%
Growth
Last 12M:AED 5,736/sqft
Prior Year:AED 5,301/sqft
Community Compare: Last 90DBluewaters Island
Premium
+13%
Above Avg
Project:AED 5,900/sqft
Community:AED 5,216/sqft
Liquidity: Last 12MExit Speed
Moderate
14%Turnover
104Sold (Last 12M)

Supply & Demand Matrix

Bluewaters Residences averaged 14% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
1 Bedroom
121 units
7%
Velocity
2 Bedrooms
296 units
16%
Velocity
3 Bedrooms
227 units
19%
Velocity
4 Bedrooms
71 units
7%
Velocity
5 Bedrooms
4 units
25%
Velocity
Shop
32 units
0%
Velocity

Layouts & Units (751)

Asset Class
1 Bed FlatFloors 1-13
Inventory
121units
37 layouts · Typically 1 parking
9-27 sqm balcony
Size Range
410-1,315sqft
Price Range
AED 2.0M - AED 6.5M
Avg PSF
2,612
Sales
89
Trend
Asset Class
2 Bed FlatFloors 1-14
Inventory
296units
124 layouts · Typically 1 parking
9-56 sqm balcony
Size Range
52-2,095sqft
Price Range
AED 250K - AED 11.3M
Avg PSF
2,957
Sales
232
Trend
Asset Class
3 Bed FlatFloors 1-14
Inventory
227units
56 layouts · Typically 2 parking
11-30 sqm balcony
Size Range
508-2,309sqft
Price Range
AED 3.1M - AED 20.0M
Avg PSF
3,230
Sales
172
Trend
Asset Class
4 Bed FlatPodium + Floors 1-9
Inventory
71units
40 layouts · Typically 2.2 parking
20-282 sqm balcony
Size Range
126-6,927sqft
Price Range
AED 600K - AED 29.8M
Avg PSF
3,205
Sales
42
Trend
Asset Class
5 Bed FlatFloors 13-16
Inventory
4units
4 layouts · Typically 2 parking
210-227 sqm balcony
Size Range
9,232-9,415sqft
Price Range
AED 31.9M - AED 84.0M
Avg PSF
3,665
Sales
5
Trend
Asset Class
Land
Inventory
0units
Size Range
1,934-1,934sqft
Price Range
Avg PSF
3,824
Sales
0
Trend
Asset Class
ShopPodium
Inventory
32units
31 layouts · Typically 3.2 parking
~42 sqm balcony
Size Range
695-6,848sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 7 asset classes covering 751 units