Palace Residences - North
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
2 years 6 months ago02-07-2023
Handover
In 1 year 5 months30-06-2027
Status
CompleteFinished
Project Description
3 Basement + Ground + 33 Storey + Roof Residential+Retail,The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 2,723/sqft
Last 12M:AED 2,723/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai Creek Harbour
At Market+2%
Above AvgProject:AED 2,643/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low2%Turnover
8Sold (Last 12M)
Supply & Demand Matrix
Palace Residences - North averaged 2% 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
130 units
4 sold126 left
3%
Velocity
2 Bedrooms
130 units
4 sold126 left
3%
Velocity
3 Bedrooms
80 units
0 sold80 left
0%
Velocity
Layouts & Units (340)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-33 | Inventory 130units 4 layouts · Typically 1 parking 4-6 sqm balcony | Size Range 213-644sqft | Price Range AED 800K - AED 1.8M | Avg PSF 2,138 | Sales 4 | Trend — | |
Asset Class 2 Bed FlatFloors 1-33 | Inventory 130units 7 layouts · Typically 1 parking 6-13 sqm balcony | Size Range 525-1,123sqft | Price Range AED 2.5M - AED 3.1M | Avg PSF 2,041 | Sales 4 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-33 | Inventory 80units 12 layouts · Typically 2 parking 11-53 sqm balcony | Size Range 1,643-1,942sqft | Price Range — | Avg PSF 2,193 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 340 units