Creek Beach - Canopy - Moor

Handover
Started
2 years 7 months ago27-05-2023
Handover
In 10 months30-11-2026
Status
83% BuiltIn Progress
Project Description

Residential mid-rise Development Canopy : Building 1 - G+M+6 - 44 Residential Units Building 2 - G+M+7 - 51 Residential Units Building 3 - G+M+6 - 44 Residential Units Building 4 - G+M+7 - 51 Residential Units Building 5 - G+M+7 - 55 Residential Units Moor : Building 1 - G+M+8 - 58 Residential Units Building 2 - G+M+5 - 38 Residential Units Building 3 - G+M+6 - 48 Residential Units Building 4 - G+M+7 - 54 Residential Units

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Stable
+2%
Growth
Current:AED 2,379/sqft
Last 12M:AED 2,330/sqft
Momentum: Last 12Mvs Prior Year
Stable
-1%
Decline
Last 12M:AED 2,330/sqft
Prior Year:AED 2,348/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount
-8%
Below Avg
Project:AED 2,379/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
High
26%Turnover
117Sold (Last 12M)

Supply & Demand Matrix

Creek Beach - Canopy - Moor averaged 26% liquidity over the last 12 months, which is considered high. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.

Type
Absorption (L12M)
Velocity
1 Bedroom
157 units
25%
Velocity
2 Bedrooms
235 units
26%
Velocity
3 Bedrooms
51 units
31%
Velocity

Layouts & Units (444)

Asset Class
1 Bed FlatFloors 1-8
Inventory
157units
55 layouts · Typically 1 parking
5-14 sqm balcony
Size Range
669-772sqft
Price Range
AED 1.6M - AED 1.8M
Avg PSF
2,445
Sales
95
Trend
Asset Class
2 Bed FlatFloors 1-8
Inventory
235units
85 layouts · Typically 1 parking
5-21 sqm balcony
Size Range
999-1,170sqft
Price Range
AED 2.3M - AED 2.6M
Avg PSF
2,296
Sales
156
Trend
Asset Class
3 Bed FlatFloors 2-8
Inventory
51units
18 layouts · Typically 2 parking
11-17 sqm balcony
Size Range
1,567-1,618sqft
Price Range
AED 3.4M - AED 4.1M
Avg PSF
2,238
Sales
28
Trend
Asset Class
ClinicPodium
Inventory
1units
Typically 6 parking
Size Range
4,892-4,892sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 4 asset classes covering 444 units