CLAREN 1
ResaleDeveloperEMAAR PROPERTIES (P.J.S.C)
CommunityDownTown Dubai
AreaBurj Khalifa
Started
17 years 8 months ago06-05-2008
Handover
14 years 1 month ago30-11-2011
Status
CompleteFinished
Project Description
Freehold residential development located in Downtown Burj Khalifa. The project consists of shared 2B+G+3P with 2 towers on top, tower (50 ) consists of 16 storey and tower (51) 20 storey above podium level. The towers are made out of a concrete structure with external and internal finishing.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+7%
GrowthCurrent:AED 2,216/sqft
Last 12M:AED 2,078/sqft
Momentum: Last 12Mvs Prior Year
Rising+8%
GrowthLast 12M:AED 2,078/sqft
Prior Year:AED 1,930/sqft
Community Compare: Last 90DDownTown Dubai
Discount-22%
Below AvgProject:AED 2,216/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
36Sold (Last 12M)
Supply & Demand Matrix
CLAREN 1 averaged 11% 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
48 units
6 sold42 left
13%
Velocity
1 Bedroom
162 units
17 sold145 left
10%
Velocity
2 Bedrooms
95 units
11 sold84 left
12%
Velocity
3 Bedrooms
15 units
2 sold13 left
13%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (329)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-16 | Inventory 48units 21 layouts · Typically 1 parking 4-11 sqm balcony | Size Range 420-718sqft | Price Range AED 15K - AED 1.9M | Avg PSF 2,331 | Sales 90 | Trend — | |
Asset Class 1 Bed FlatFloors 1-20 | Inventory 162units 47 layouts · Typically 1 parking 4-43 sqm balcony | Size Range 235-1,709sqft | Price Range AED 350K - AED 3.9M | Avg PSF 1,867 | Sales 310 | Trend — | |
Asset Class 2 Bed FlatFloors 2-23 | Inventory 95units 21 layouts · Typically 1 parking 5-88 sqm balcony | Size Range 629-2,598sqft | Price Range AED 1.1M - AED 5.1M | Avg PSF 1,716 | Sales 165 | Trend — | |
Asset Class 3 Bed FlatFloors 17-23 | Inventory 15units 8 layouts · Typically 2 parking 7-24 sqm balcony | Size Range 720-1,878sqft | Price Range AED 1.7M - AED 4.9M | Avg PSF 1,828 | Sales 26 | Trend — | |
Asset Class ShopPodium | Inventory 8units 6 layouts | Size Range 2,612-4,082sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Sized PartitionFloor 4 | Inventory 1units Typically 1 parking | Size Range 55,066-55,066sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 329 units