Creek Beach - Savanna-Cedar-Mangrove
HandoverDeveloperDUBAI CREEK HARBOUR L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
2 years 7 months ago27-05-2023
Handover
In 6 months31-07-2026
Status
93% BuiltIn Progress
Project Description
Savanna :Bldg.1-G+M+8, Bldg.2-G+M+7 & Bldg.3-G+M+8 05/07/2024 17.05% Cedar : Bldg.1-G+M+9, Bldg.2-G+M+7, Bldg.3-G+M+9 & Bldg.4-G+M+7 Mangrove : Bldg.1-G+M+7 & Bldg.2-G+M+8,Residential.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 2,338/sqft
Last 12M:AED 2,232/sqft
Momentum: Last 12Mvs Prior Year
Falling-5%
DeclineLast 12M:AED 2,232/sqft
Prior Year:AED 2,354/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount-9%
Below AvgProject:AED 2,338/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
82Sold (Last 12M)
Supply & Demand Matrix
Creek Beach - Savanna-Cedar-Mangrove averaged 14% liquidity over the last 12 months, which is considered moderate. 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
266 units
31 sold235 left
12%
Velocity
2 Bedrooms
242 units
33 sold209 left
14%
Velocity
3 Bedrooms
86 units
18 sold68 left
21%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (595)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-9 | Inventory 266units 113 layouts · Typically 1 parking 6-14 sqm balcony | Size Range 611-772sqft | Price Range AED 1.1M - AED 2.6M | Avg PSF 2,211 | Sales 303 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 242units 70 layouts · Typically 1 parking 6-59 sqm balcony | Size Range 982-1,562sqft | Price Range AED 1.1M - AED 3.6M | Avg PSF 2,128 | Sales 280 | Trend — | |
Asset Class 3 Bed FlatFloors 2-9 | Inventory 86units 27 layouts · Typically 2 parking 11-17 sqm balcony | Size Range 1,475-1,730sqft | Price Range AED 2.9M - AED 4.7M | Avg PSF 2,121 | Sales 78 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 715-715sqft | Price Range — | Avg PSF 14,015 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 4 parking ~45 sqm balcony | Size Range 3,519-3,519sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 595 units