Canal Front Residences CF1 & CF2
ResaleDeveloperMEYDAN GROUP (L.L.C)
CommunityDubai Water Canal
AreaAl Wasl
Started
6 years 3 months ago01-10-2019
Handover
1 year 9 months ago31-03-2024
Status
CompleteFinished
Project Description
Two buildings commercial residential , shared basement + ground + 4 floors + roof
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+8%
GrowthCurrent:AED 3,215/sqft
Last 12M:AED 2,984/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%
GrowthLast 12M:AED 2,984/sqft
Prior Year:AED 2,795/sqft
Community Compare: Last 90DDubai Water Canal
Discount-4%
Below AvgProject:AED 3,215/sqft
Community:AED 3,342/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
Canal Front Residences CF1 & CF2 averaged 10% 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
31 units
4 sold27 left
13%
Velocity
2 Bedrooms
108 units
10 sold98 left
9%
Velocity
3 Bedrooms
10 units
1 sold9 left
10%
Velocity
4 Bedrooms
1 units
1 sold0 left
100%
Velocity
Shop
4 units
0 sold4 left
0%
Velocity
Layouts & Units (154)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 31units 13 layouts · Typically 1 parking 7-38 sqm balcony | Size Range 291-1,558sqft | Price Range AED 627K - AED 3.5M | Avg PSF 1,739 | Sales 9 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 108units 70 layouts · Typically 1 parking 5-89 sqm balcony | Size Range 690-2,239sqft | Price Range AED 3.2M - AED 5.5M | Avg PSF 2,051 | Sales 19 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-3 | Inventory 10units 10 layouts · Typically 2 parking 6-135 sqm balcony | Size Range 1,755-3,859sqft | Price Range AED 5.2M - AED 8.2M | Avg PSF 2,547 | Sales 3 | Trend — | |
Asset Class 4 Bed FlatPodium | Inventory 1units Typically 2 parking ~118 sqm balcony | Size Range 1,919-3,842sqft | Price Range AED 14.2M - AED 14.2M | Avg PSF 2,402 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts · Typically 2 parking | Size Range 835-2,499sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 5 asset classes covering 154 units