HUB CANAL 2 TOWER
MatureDeveloperFALAK PROPERTIES
CommunityDubai Sports City
AreaAl Hebiah Fourth
Started
18 years 7 months ago17-06-2007
Handover
8 years 9 months ago20-04-2017
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+15 RESIDENTIAL BUILDING LOCATED IN AL HEBIAH FOURTH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Market Sales: Last 90Dvs Last 12M Baseline
Rising+12%
GrowthCurrent:AED 762/sqft
Last 12M:AED 681/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%
GrowthLast 12M:AED 681/sqft
Prior Year:AED 596/sqft
Community Compare: Last 90DDubai Sports City
Discount-50%
Below AvgProject:AED 762/sqft
Community:AED 1,519/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
24Sold (Last 12M)
Supply & Demand Matrix
HUB CANAL 2 TOWER 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
1 Bedroom
120 units
9 sold111 left
8%
Velocity
2 Bedrooms
60 units
15 sold45 left
25%
Velocity
Layouts & Units (180)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-15 | Inventory 120units 35 layouts · Typically 1 parking 4-8 sqm balcony | Size Range 485-2,003sqft | Price Range AED 350K - AED 6.2M | Avg PSF 690 | Sales 166 | Trend — | |
Asset Class 2 Bed FlatFloors 1-15 | Inventory 60units 37 layouts · Typically 1 parking 9-10 sqm balcony | Size Range 587-1,761sqft | Price Range AED 250K - AED 1.2M | Avg PSF 802 | Sales 61 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 45,236-45,236sqft | Price Range AED 14.6M - AED 14.6M | Avg PSF 794 | Sales 1 | Trend — |
Grouped into 3 asset classes covering 180 units