Canal Residence West 2

Mature
Started
8 years 4 months ago10-09-2017
Handover
5 years 10 months ago18-03-2020
Status
CompleteFinished
Project Description

Two towers in one shared basment on one plot: the first tower commercial residential high ground + 11 and the second tower commercial residential ground +12.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Stable
+2%
Growth
Current:AED 969/sqft
Last 12M:AED 950/sqft
Momentum: Last 12Mvs Prior Year
Rising
+12%
Growth
Last 12M:AED 950/sqft
Prior Year:AED 848/sqft
Community Compare: Last 90DDubai Sports City
Discount
-36%
Below Avg
Project:AED 969/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate
13%Turnover
51Sold (Last 12M)

Supply & Demand Matrix

Canal Residence West 2 averaged 13% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
Studio
136 units
20%
Velocity
1 Bedroom
162 units
10%
Velocity
2 Bedrooms
80 units
8%
Velocity
3 Bedrooms
12 units
8%
Velocity
4 Bedrooms
1 units
0%
Velocity
Shop
9 units
0%
Velocity

Layouts & Units (400)

Asset Class
Studio FlatFloors 1-11
Inventory
136units
81 layouts · Typically 1 parking
2-10 sqm balcony
Size Range
362-759sqft
Price Range
AED 263K - AED 750K
Avg PSF
855
Sales
146
Trend
Asset Class
1 Bed FlatFloors 1-11
Inventory
162units
70 layouts · Typically 1 parking
5-28 sqm balcony
Size Range
210-1,258sqft
Price Range
AED 150K - AED 1.0M
Avg PSF
761
Sales
175
Trend
Asset Class
2 Bed FlatFloors 1-11
Inventory
80units
38 layouts · Typically 1.2 parking
6-68 sqm balcony
Size Range
768-2,157sqft
Price Range
AED 449K - AED 1.6M
Avg PSF
645
Sales
102
Trend
Asset Class
3 Bed FlatFloors 10-12
Inventory
12units
9 layouts · Typically 2.1 parking
7-75 sqm balcony
Size Range
2,313-3,044sqft
Price Range
AED 1.1M - AED 2.5M
Avg PSF
565
Sales
10
Trend
Asset Class
4 Bed FlatFloor 12
Inventory
1units
Typically 4 parking
~64 sqm balcony
Size Range
2,401-4,803sqft
Price Range
AED 476K - AED 1.2M
Avg PSF
557
Sales
2
Trend
Asset Class
ShopPodium
Inventory
9units
9 layouts · Typically 3.7 parking
Size Range
836-6,636sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 6 asset classes covering 400 units