Creek Gate
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
8 years 10 months ago06-03-2017
Handover
4 years 2 months ago18-11-2021
Status
CompleteFinished
Project Description
Basements (without Ground): 2B+G Tower 1: G+1M+35F+2MECH+R+1UR Tower 2: G+1M+28F+2MECH+R+1UR
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 2,302/sqft
Last 12M:AED 2,233/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%
GrowthLast 12M:AED 2,233/sqft
Prior Year:AED 2,105/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount-11%
Below AvgProject:AED 2,302/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
39Sold (Last 12M)
Supply & Demand Matrix
Creek Gate averaged 8% 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
110 units
7 sold103 left
6%
Velocity
2 Bedrooms
238 units
22 sold216 left
9%
Velocity
3 Bedrooms
130 units
10 sold120 left
8%
Velocity
4 Bedrooms
12 units
0 sold12 left
0%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (498)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 2-33 | Inventory 110units Typically 1.1 parking ~7 sqm balcony | Size Range 360-725sqft | Price Range AED 950K - AED 2.0M | Avg PSF 1,559 | Sales 35 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-33 | Inventory 238units 10 layouts · Typically 1 parking 7-71 sqm balcony | Size Range 447-2,204sqft | Price Range AED 1.6M - AED 3.2M | Avg PSF 1,626 | Sales 73 | Trend — | |
Asset Class 3 Bed FlatFloors 1-33 | Inventory 130units 8 layouts · Typically 2 parking 9-33 sqm balcony | Size Range 493-2,327sqft | Price Range AED 89K - AED 5.8M | Avg PSF 1,894 | Sales 25 | Trend — | |
Asset Class 4 Bed FlatFloors 27-35 | Inventory 12units 4 layouts · Typically 2 parking 13-17 sqm balcony | Size Range 2,276-3,046sqft | Price Range AED 6.2M - AED 6.2M | Avg PSF 1,973 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 8units 8 layouts · Typically 2 parking | Size Range 943-5,982sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 498 units