WATER'S EDGE
MatureDeveloperDAMAC STAR PROPERTIES (L L C)
CommunityBusiness Bay
AreaBusiness Bay
Started
15 years 7 months ago01-06-2010
Handover
12 years 1 month ago12-12-2013
Status
CompleteFinished
Project Description
Waters Edge is a freehold residential & commercial development located in Business Bay area. The building consists of 2 Basement floors + Ground + 2 Parking + Health Club + 18 Typical Floors.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Falling-10%
DeclineCurrent:AED 1,550/sqft
Last 12M:AED 1,719/sqft
Momentum: Last 12Mvs Prior Year
Rising+5%
GrowthLast 12M:AED 1,719/sqft
Prior Year:AED 1,636/sqft
Community Compare: Last 90DBusiness Bay
Discount-41%
Below AvgProject:AED 1,550/sqft
Community:AED 2,648/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
22Sold (Last 12M)
Supply & Demand Matrix
WATER'S EDGE averaged 10% 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
Studio
66 units
9 sold57 left
14%
Velocity
1 Bedroom
78 units
4 sold74 left
5%
Velocity
2 Bedrooms
34 units
6 sold28 left
18%
Velocity
3 Bedrooms
23 units
2 sold21 left
9%
Velocity
Shop
19 units
1 sold18 left
5%
Velocity
Office
2 units
0 sold2 left
0%
Velocity
Layouts & Units (222)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 4-21 | Inventory 66units 38 layouts · Typically 1 parking 2-11 sqm balcony | Size Range 357-768sqft | Price Range AED 486K - AED 1.3M | Avg PSF 1,962 | Sales 62 | Trend — | |
Asset Class 1 Bed FlatFloors 4-21 | Inventory 78units 41 layouts · Typically 1 parking 2-41 sqm balcony | Size Range 498-2,071sqft | Price Range AED 680K - AED 3.1M | Avg PSF 1,609 | Sales 66 | Trend — | |
Asset Class 2 Bed FlatFloors 4-21 | Inventory 34units 20 layouts · Typically 1 parking 9-177 sqm balcony | Size Range 668-3,182sqft | Price Range AED 800K - AED 4.1M | Avg PSF 1,600 | Sales 28 | Trend — | |
Asset Class 3 Bed FlatFloors 4-17 | Inventory 23units 13 layouts · Typically 1 parking 8-27 sqm balcony | Size Range 1,518-2,092sqft | Price Range AED 1.1M - AED 6.1M | Avg PSF 1,676 | Sales 14 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 435-46,840sqft | Price Range AED 52.7M - AED 52.7M | Avg PSF 2,795 | Sales 1 | Trend — | |
Asset Class OfficePodium | Inventory 2units 2 layouts · Typically 3 parking | Size Range 2,799-3,661sqft | Price Range — | Avg PSF 1,077 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 19units 19 layouts · Typically 1.8 parking | Size Range 332-4,363sqft | Price Range AED 700K - AED 3.2M | Avg PSF 1,832 | Sales 9 | Trend — |
Grouped into 7 asset classes covering 222 units