Creek Beach - VIDA Residences

Resale
Started
6 years 4 months ago23-09-2019
Handover
2 years 9 months ago12-04-2023
Status
CompleteFinished
Project Description

Bulding1: G+35F+R Bulding2: G+6F+R Podium (shared): G+1M+2P

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Stable
-2%
Decline
Current:AED 2,624/sqft
Last 12M:AED 2,678/sqft
Momentum: Last 12Mvs Prior Year
Rising
+5%
Growth
Last 12M:AED 2,678/sqft
Prior Year:AED 2,559/sqft
Community Compare: Last 90DDubai Creek Harbour
At Market
+2%
Above Avg
Project:AED 2,629/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Moderate
14%Turnover
32Sold (Last 12M)

Supply & Demand Matrix

Creek Beach - VIDA Residences averaged 14% liquidity over the last 12 months, which is considered moderate. 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
104 units
15%
Velocity
2 Bedrooms
104 units
13%
Velocity
3 Bedrooms
14 units
14%
Velocity
Shop
10 units
0%
Velocity

Layouts & Units (233)

Asset Class
1 Bed FlatFloors 1-27
Inventory
104units
5 layouts · Typically 1 parking
6-11 sqm balcony
Size Range
346-757sqft
Price Range
AED 1.4M - AED 2.6M
Avg PSF
2,046
Sales
42
Trend
Asset Class
2 Bed FlatFloors 1-27
Inventory
104units
30 layouts · Typically 1 parking
8-64 sqm balcony
Size Range
568-1,787sqft
Price Range
AED 2.4M - AED 3.5M
Avg PSF
2,023
Sales
18
Trend
Asset Class
3 Bed FlatFloors 28-34
Inventory
14units
4 layouts · Typically 2 parking
11-116 sqm balcony
Size Range
1,969-3,132sqft
Price Range
AED 4.8M - AED 6.1M
Avg PSF
2,339
Sales
3
Trend
Asset Class
HotelPodium
Inventory
1units
Typically 1 parking
Size Range
221,139-221,139sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
ShopPodium
Inventory
10units
10 layouts · Typically 1.9 parking
Size Range
351-2,168sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 5 asset classes covering 233 units