17 ICON BAY
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
8 years 3 months ago24-10-2017
Handover
3 years 1 month ago30-11-2022
Status
CompleteFinished
Project Description
Basement and ground: 2B+G, Apartments+Retail. Tower 1: G+43F+R, Tower 1: Apartments. Tower 2: G+4F+R, Tower 2: Apartments.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 2,243/sqft
Last 12M:AED 2,230/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 2,230/sqft
Prior Year:AED 2,099/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount-16%
Below AvgProject:AED 2,176/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
26Sold (Last 12M)
Supply & Demand Matrix
17 ICON BAY averaged 7% 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
134 units
10 sold124 left
7%
Velocity
2 Bedrooms
186 units
9 sold177 left
5%
Velocity
3 Bedrooms
58 units
6 sold52 left
10%
Velocity
4 Bedrooms
2 units
1 sold1 left
50%
Velocity
Shop
3 units
0 sold3 left
0%
Velocity
Layouts & Units (383)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-41 | Inventory 134units 22 layouts · Typically 1 parking 7-89 sqm balcony | Size Range 161-1,656sqft | Price Range AED 236K - AED 2.0M | Avg PSF 1,548 | Sales 51 | Trend — | |
Asset Class 2 Bed FlatFloors 1-41 | Inventory 186units 25 layouts · Typically 1 parking 6-34 sqm balcony | Size Range 22-1,363sqft | Price Range AED 790K - AED 2.8M | Avg PSF 1,591 | Sales 57 | Trend — | |
Asset Class 3 Bed FlatFloors 24-43 | Inventory 58units 7 layouts · Typically 2 parking 7-57 sqm balcony | Size Range 806-2,244sqft | Price Range AED 2.9M - AED 3.9M | Avg PSF 1,913 | Sales 13 | Trend — | |
Asset Class 4 Bed FlatFloor 42 | Inventory 2units 2 layouts · Typically 2 parking ~62 sqm balcony | Size Range 3,920-4,025sqft | Price Range AED 8.5M - AED 8.5M | Avg PSF 1,802 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 3units 3 layouts · Typically 1.3 parking | Size Range 631-2,043sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 383 units