CREEK EDGE
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
6 years 5 months ago01-08-2019
Handover
2 years 4 months ago23-09-2023
Status
CompleteFinished
Project Description
2 Residential Towers each comprising of Residential units Tower 1 - 2B + G + 40: 381 Residential Units Tower 2 - 2B + G + 20: 173 Residential Units Ground floor 4 Duplex Residential Units Basement 1 - 5 Simplex Residential Units Basement 2 - 1 Retail Unit
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 2,477/sqft
Last 12M:AED 2,492/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 2,492/sqft
Prior Year:AED 2,422/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount-4%
Below AvgProject:AED 2,477/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
70Sold (Last 12M)
Supply & Demand Matrix
CREEK EDGE averaged 12% 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
241 units
40 sold201 left
17%
Velocity
2 Bedrooms
259 units
24 sold235 left
9%
Velocity
3 Bedrooms
63 units
6 sold57 left
10%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (564)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-38 | Inventory 241units 31 layouts · Typically 1 parking 6-30 sqm balcony | Size Range 138-1,023sqft | Price Range AED 360K - AED 2.2M | Avg PSF 1,888 | Sales 80 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-40 | Inventory 259units 47 layouts · Typically 1 parking 5-42 sqm balcony | Size Range 270-1,459sqft | Price Range AED 2.4M - AED 3.3M | Avg PSF 2,078 | Sales 71 | Trend — | |
Asset Class 3 Bed FlatFloors 1-40 | Inventory 63units 16 layouts · Typically 2 parking 9-108 sqm balcony | Size Range 765-2,832sqft | Price Range AED 20K - AED 6.5M | Avg PSF 1,960 | Sales 17 | Trend — | |
Asset Class Shop | Inventory 1units Typically 3 parking | Size Range 2,624-2,624sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 564 units