MON REVE
MatureDeveloperCREDO INVESTMENTS F Z E
CommunityDownTown Dubai
AreaBurj Khalifa
Started
11 years 10 months ago15-03-2014
Handover
8 years 7 months ago28-05-2017
Status
CompleteFinished
Project Description
CREDO TOWER (G+2P+13+HC FLOORS) RESIDENTIAL BUILDING ON PLOT NO. 345-412 AT BURJ KHALIFA DISTRICT - DUBAI, UAE FOR M/S. CREDO INVESTMENTS FZE.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+21%
GrowthCurrent:AED 1,837/sqft
Last 12M:AED 1,520/sqft
Momentum: Last 12Mvs Prior Year
Falling-10%
DeclineLast 12M:AED 1,520/sqft
Prior Year:AED 1,693/sqft
Community Compare: Last 90DDownTown Dubai
Discount-35%
Below AvgProject:AED 1,837/sqft
Community:AED 2,824/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
6Sold (Last 12M)
Supply & Demand Matrix
MON REVE averaged 6% liquidity over the last 12 months, which is considered low. 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
18 units
1 sold17 left
6%
Velocity
2 Bedrooms
59 units
4 sold55 left
7%
Velocity
3 Bedrooms
17 units
1 sold16 left
6%
Velocity
4 Bedrooms
3 units
0 sold3 left
0%
Velocity
Layouts & Units (97)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 5-10 | Inventory 18units 14 layouts · Typically 1 parking 6-15 sqm balcony | Size Range 824-910sqft | Price Range AED 1.2M - AED 1.6M | Avg PSF 1,538 | Sales 18 | Trend — | |
Asset Class 2 Bed FlatFloors 3-14 | Inventory 59units 47 layouts · Typically 1 parking 10-57 sqm balcony | Size Range 702-2,137sqft | Price Range AED 1.7M - AED 2.9M | Avg PSF 1,554 | Sales 46 | Trend — | |
Asset Class 3 Bed FlatFloors 3-14 | Inventory 17units 17 layouts · Typically 2 parking 11-39 sqm balcony | Size Range 1,850-2,447sqft | Price Range AED 2.6M - AED 3.8M | Avg PSF 1,577 | Sales 13 | Trend — | |
Asset Class 4 Bed FlatFloor 15 | Inventory 3units 3 layouts · Typically 3 parking 37-92 sqm balcony | Size Range 3,742-4,327sqft | Price Range — | Avg PSF 926 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 37,531-37,531sqft | Price Range AED 35.0M - AED 35.0M | Avg PSF 931 | Sales 1 | Trend — |
Grouped into 5 asset classes covering 97 units