CREEK RISE
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
8 years 9 months ago17-04-2017
Handover
3 years 6 months ago30-06-2022
Status
CompleteFinished
Project Description
PROPOSED 2 Residential TOWERS PODIUM: 1B+G+1M+1P T1: B+G+M+P+38 FLOORS T2: B+G+M+P+29 FLOORS TOWNHOUSES: G+1M+1P+2F+R (APARTMENTS +RETAIL+OFFICES) ON PLOT NO.131 (415-8711) AL KHAIRAN FIRST, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+1%
GrowthCurrent:AED 2,237/sqft
Last 12M:AED 2,216/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%
GrowthLast 12M:AED 2,216/sqft
Prior Year:AED 2,131/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount-13%
Below AvgProject:AED 2,239/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
45Sold (Last 12M)
Supply & Demand Matrix
CREEK RISE 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
185 units
23 sold162 left
12%
Velocity
2 Bedrooms
237 units
14 sold223 left
6%
Velocity
3 Bedrooms
109 units
8 sold101 left
7%
Velocity
4 Bedrooms
8 units
0 sold8 left
0%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (547)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-36 | Inventory 185units 13 layouts · Typically 1 parking 6-29 sqm balcony | Size Range 226-976sqft | Price Range AED 1.2M - AED 2.0M | Avg PSF 1,694 | Sales 48 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-36 | Inventory 237units 21 layouts · Typically 1 parking 6-51 sqm balcony | Size Range 543-1,578sqft | Price Range AED 1.7M - AED 3.0M | Avg PSF 1,699 | Sales 42 | Trend — | |
Asset Class 3 Bed FlatFloors 1-36 | Inventory 109units 8 layouts · Typically 1.9 parking 6-52 sqm balcony | Size Range 1,000-2,607sqft | Price Range AED 3.0M - AED 4.2M | Avg PSF 1,872 | Sales 14 | Trend — | |
Asset Class 4 Bed FlatFloors 28-38 | Inventory 8units 3 layouts · Typically 2 parking 32-160 sqm balcony | Size Range 2,958-4,364sqft | Price Range — | Avg PSF 1,948 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 8units 8 layouts · Typically 1.3 parking | Size Range 616-1,760sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 547 units