Creek Beach - Surf

Resale
Started
6 years 4 months ago24-09-2019
Handover
2 years 10 months ago07-03-2023
Status
CompleteFinished
Project Description

Phase 2 Residential mid-rise Surf Cluster Building 1 - G+M+7+R - 75 Residential Units Building 2 - G+M+9+R - 93 Residential Units

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-7%
Decline
Current:AED 2,010/sqft
Last 12M:AED 2,152/sqft
Momentum: Last 12Mvs Prior Year
Falling
-6%
Decline
Last 12M:AED 2,152/sqft
Prior Year:AED 2,293/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount
-11%
Below Avg
Project:AED 2,296/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low
3%Turnover
5Sold (Last 12M)

Supply & Demand Matrix

Creek Beach - Surf averaged 3% 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
112 units
3%
Velocity
2 Bedrooms
31 units
3%
Velocity
3 Bedrooms
28 units
4%
Velocity
Shop
2 units
0%
Velocity

Layouts & Units (173)

Asset Class
1 Bed FlatFloors 1-9
Inventory
112units
57 layouts · Typically 1 parking
7-28 sqm balcony
Size Range
347-921sqft
Price Range
AED 1.3M - AED 1.7M
Avg PSF
1,577
Sales
10
Trend
Asset Class
2 Bed FlatFloors 1-9
Inventory
31units
14 layouts · Typically 1 parking
9-73 sqm balcony
Size Range
987-1,688sqft
Price Range
AED 2.0M - AED 2.5M
Avg PSF
1,548
Sales
3
Trend
Asset Class
3 Bed FlatFloors 2-9
Inventory
28units
24 layouts · Typically 2 parking
14-16 sqm balcony
Size Range
771-1,542sqft
Price Range
AED 3.1M - AED 4.0M
Avg PSF
1,613
Sales
3
Trend
Asset Class
ShopFloor 1
Inventory
2units
2 layouts · Typically 2 parking
Size Range
1,576-1,866sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 4 asset classes covering 173 units