CANAL RESIDENCE WEST (PHASE 1)

Mature
Started
17 years 6 months ago15-07-2008
Handover
11 years 2 months ago05-11-2014
Status
CompleteFinished
Project Description

Three freehold residential building development located at the Sport City . Two buildings is designed to have 2B+G+11 storey high, the third building is designed to have 3B+G+19 floor level. The buildings are formed as a concrete structure with internal and external finishes.

Performance Alpha

Market Sales: Last 90Dvs Last 12M Baseline
Stable
+2%
Growth
Current:AED 864/sqft
Last 12M:AED 847/sqft
Momentum: Last 12Mvs Prior Year
Rising
+13%
Growth
Last 12M:AED 847/sqft
Prior Year:AED 751/sqft
Community Compare: Last 90DDubai Sports City
Discount
-43%
Below Avg
Project:AED 864/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate
11%Turnover
65Sold (Last 12M)

Supply & Demand Matrix

CANAL RESIDENCE WEST (PHASE 1) averaged 11% 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
80 units
8%
Velocity
1 Bedroom
316 units
11%
Velocity
2 Bedrooms
175 units
13%
Velocity
3 Bedrooms
19 units
11%
Velocity
Shop
22 units
0%
Velocity

Layouts & Units (612)

Asset Class
Studio FlatFloors 1-2
Inventory
80units
33 layouts · Typically 1 parking
5-10 sqm balcony
Size Range
254-807sqft
Price Range
AED 150K - AED 840K
Avg PSF
830
Sales
107
Trend
Asset Class
1 Bed FlatFloors 1-18
Inventory
316units
103 layouts · Typically 1 parking
4-68 sqm balcony
Size Range
357-3,057sqft
Price Range
AED 150K - AED 1.3M
Avg PSF
792
Sales
359
Trend
Asset Class
2 Bed FlatFloors 1-18
Inventory
175units
83 layouts · Typically 1 parking
4-40 sqm balcony
Size Range
84-5,028sqft
Price Range
AED 401K - AED 2.3M
Avg PSF
944
Sales
195
Trend
Asset Class
3 Bed FlatFloors 9-19
Inventory
19units
18 layouts · Typically 1 parking
10-61 sqm balcony
Size Range
1,146-4,650sqft
Price Range
AED 758K - AED 3.1M
Avg PSF
760
Sales
24
Trend
Asset Class
ShopPodium
Inventory
22units
22 layouts · Typically 1.4 parking
Size Range
205-6,335sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 5 asset classes covering 612 units