THE DUBAI CREEK RESIDENCES
ResaleDeveloperTHE LAGOONS PHASE ONE L.L.C
CommunityDubai Creek Harbour
AreaAl Khairan First
Started
11 years ago01-01-2015
Handover
7 years ago15-01-2019
Status
CompleteFinished
Project Description
Dubai Creek Residence project consists of two Plots each plot contain Common podium(2B+G+2P)+ 3towers (Tower 1=30floors+2R),(Tower 2=35 floors+2R) and (Tower 3=40floors+3R) with internal and external finishes, that enclose retails, residential units, leisure and admin facilities in addition to required parking spaces. The project enclose a mix of 1B, 2B, 3B, 4B & 6B residential apartments with a total of 872 units including 8 town house units.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-5%
DeclineCurrent:AED 2,006/sqft
Last 12M:AED 2,105/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%
GrowthLast 12M:AED 2,105/sqft
Prior Year:AED 2,015/sqft
Community Compare: Last 90DDubai Creek Harbour
Discount-17%
Below AvgProject:AED 2,135/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
68Sold (Last 12M)
Supply & Demand Matrix
THE DUBAI CREEK RESIDENCES averaged 7% 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
254 units
25 sold229 left
10%
Velocity
2 Bedrooms
362 units
24 sold338 left
7%
Velocity
3 Bedrooms
240 units
15 sold225 left
6%
Velocity
4 Bedrooms
12 units
3 sold9 left
25%
Velocity
6 Bedrooms
4 units
1 sold3 left
25%
Velocity
Shop
52 units
0 sold52 left
0%
Velocity
Layouts & Units (924)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 3-37 | Inventory 254units 16 layouts · Typically 1 parking 6-57 sqm balcony | Size Range 510-1,715sqft | Price Range AED 600K - AED 2.3M | Avg PSF 1,348 | Sales 119 | Trend — | |
Asset Class 2 Bed FlatFloors 1-37 | Inventory 362units 46 layouts · Typically 1 parking 7-120 sqm balcony | Size Range 210-2,838sqft | Price Range AED 900K - AED 4.1M | Avg PSF 1,424 | Sales 188 | Trend — | |
Asset Class 3 Bed FlatFloors 2-39 | Inventory 240units 30 layouts · Typically 2 parking 9-274 sqm balcony | Size Range 1,062-5,457sqft | Price Range AED 227K - AED 8.3M | Avg PSF 1,727 | Sales 105 | Trend — | |
Asset Class 4 Bed FlatFloors 28-34 | Inventory 12units 4 layouts · Typically 2 parking 29-55 sqm balcony | Size Range 1,694-3,476sqft | Price Range AED 4.8M - AED 8.8M | Avg PSF 1,734 | Sales 13 | Trend — | |
Asset Class 6 Bed FlatFloors 29-39 | Inventory 4units 2 layouts · Typically 2 parking 128-155 sqm balcony | Size Range 6,866-6,900sqft | Price Range AED 18.5M - AED 18.5M | Avg PSF 1,770 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,468-1,468sqft | Price Range — | Avg PSF 1,054 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 52units 29 layouts · Typically 1.7 parking | Size Range 258-3,907sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 7 asset classes covering 924 units