Palace Residences - Dubai Creek Harbour
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
6 years 6 months ago24-07-2019
Handover
3 years ago31-12-2022
Status
CompleteFinished
Project Description
Tower 1 comprises of 4B + G + 46 floors having branded apartment units Tower 2 comprises of 4B + G + M + 9 floors having hotel room units
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-2%
DeclineCurrent:AED 2,765/sqft
Last 12M:AED 2,809/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 2,809/sqft
Prior Year:AED 2,626/sqft
Community Compare: Last 90DDubai Creek Harbour
Premium+8%
Above AvgProject:AED 2,786/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low4%Turnover
25Sold (Last 12M)
Supply & Demand Matrix
Palace Residences - Dubai Creek Harbour averaged 4% 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
221 units
7 sold214 left
3%
Velocity
2 Bedrooms
276 units
14 sold262 left
5%
Velocity
3 Bedrooms
82 units
4 sold78 left
5%
Velocity
4 Bedrooms
8 units
0 sold8 left
0%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (592)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-43 | Inventory 221units 25 layouts · Typically 1 parking 7-14 sqm balcony | Size Range 351-770sqft | Price Range AED 1.6M - AED 2.3M | Avg PSF 1,867 | Sales 17 | Trend — | |
Asset Class 2 Bed FlatFloors 1-43 | Inventory 276units 26 layouts · Typically 1 parking 13-22 sqm balcony | Size Range 383-1,191sqft | Price Range AED 2.1M - AED 3.6M | Avg PSF 1,935 | Sales 30 | Trend — | |
Asset Class 3 Bed FlatFloors 1-43 | Inventory 82units 10 layouts · Typically 2 parking 24-25 sqm balcony | Size Range 889-1,824sqft | Price Range AED 4.0M - AED 5.1M | Avg PSF 1,979 | Sales 10 | Trend — | |
Asset Class 4 Bed FlatFloors 40-43 | Inventory 8units 2 layouts · Typically 2 parking 43-44 sqm balcony | Size Range 1,182-2,372sqft | Price Range — | Avg PSF 2,260 | Sales 0 | Trend — | |
Asset Class HotelPodium | Inventory 1units Typically 5 parking | Size Range 227,573-227,573sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Shop | Inventory 4units 4 layouts · Typically 1 parking | Size Range 855-1,365sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 6 asset classes covering 592 units