Creek Beach - Breeze
ResaleDeveloperDUBAI CREEK HARBOUR L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
6 years 11 months ago24-02-2019
Handover
3 years 3 months ago06-10-2022
Status
CompleteFinished
Project Description
Phase 1 Residential mid-rise Development (Breeze Cluster) Breeze at Peninsula Building 1 - G+M+7+R- 45 Residentinal Units , Building 2 - G+M+11+R - 84 Residential Units Building 3 - G+M+10+R - 70 Residential units
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-28%Decline
Current:AED 1,698/sqft
Last 12M:AED 2,354/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%Growth
Last 12M:AED 2,354/sqft
Prior Year:AED 2,161/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount-34%Below Avg
Project:AED 1,698/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low1%Turnover
3Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,495/sqft
Range:AED 485 – AED 2K
Avg Unit:AED 153K/yr
Leasing Volume: L12MContracts Signed
Very Active144Total
New:90
Renew:54
Tenant RetentionRenewal Rate
Fair38%renewals
62% new tenants38% renewals
Gross YieldAnnual Return
High Yield88.0%Yield
Rent:AED 1,495/sqft
Price:AED 1,698/sqft
Supply & Demand Matrix
Creek Beach - Breeze averaged 1% 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
60 units
1 sold59 left
2%
Velocity
2 Bedrooms
101 units
1 sold100 left
1%
Velocity
3 Bedrooms
39 units
1 sold38 left
3%
Velocity
4 Bedrooms
2 units
0 sold2 left
0%
Velocity
Layouts & Units (202)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-10 | Inventory 60units 38 layouts · Typically 1 parking 6-59 sqm balcony | Size Range 698-1,258sqft | Price Range AED 1.6M - AED 1.8M | Avg PSF 1,575 | Sales 3 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 101units 83 layouts · Typically 1 parking 8-96 sqm balcony | Size Range 1,012-2,261sqft | Price Range AED 2.4M - AED 3.1M | Avg PSF 1,510 | Sales 4 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-11 | Inventory 39units 32 layouts · Typically 2 parking 14-135 sqm balcony | Size Range 960-2,884sqft | Price Range AED 3.2M - AED 4.4M | Avg PSF 1,574 | Sales 4 | Trend — | |
Asset Class 4 Bed FlatFloors 10-11 | Inventory 2units 2 layouts · Typically 2 parking 12-14 sqm balcony | Size Range 2,183-2,206sqft | Price Range — | Avg PSF 1,961 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 202 units