Canal Front Residences-CF3&CF4
ResaleDeveloperMEYDAN GROUP (L.L.C)
CommunityDubai Water Canal
AreaAl Wasl
Started
8 years ago01-01-2018
Handover
1 year 6 months ago30-06-2024
Status
CompleteFinished
Project Description
2 commercial /residential buildings shared basement + ground + 4 floors + roof floor
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 3,036/sqft
Last 12M:AED 2,892/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai Water Canal
Discount-9%
Below AvgProject:AED 3,036/sqft
Community:AED 3,342/sqft
Liquidity: Last 12MExit Speed
High54%Turnover
57Sold (Last 12M)
Supply & Demand Matrix
Canal Front Residences-CF3&CF4 averaged 54% liquidity over the last 12 months, which is considered high. 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
30 units
25 sold5 left
83%
Velocity
2 Bedrooms
54 units
25 sold29 left
46%
Velocity
3 Bedrooms
7 units
6 sold1 left
86%
Velocity
4 Bedrooms
1 units
1 sold0 left
100%
Velocity
Shop
14 units
0 sold14 left
0%
Velocity
Layouts & Units (106)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-4 | Inventory 30units 11 layouts · Typically 1 parking 7-18 sqm balcony | Size Range 920-1,616sqft | Price Range AED 2.5M - AED 3.0M | Avg PSF 2,624 | Sales 25 | Trend — | |
Asset Class 2 Bed FlatFloors 1-4 | Inventory 54units 40 layouts · Typically 1 parking 5-111 sqm balcony | Size Range 1,330-2,460sqft | Price Range AED 3.8M - AED 5.0M | Avg PSF 15,395 | Sales 25 | Trend — | |
Asset Class 3 Bed FlatFloors 1-4 | Inventory 7units 7 layouts · Typically 2 parking 7-48 sqm balcony | Size Range 1,770-2,208sqft | Price Range AED 2.5M - AED 6.5M | Avg PSF 10,712 | Sales 6 | Trend — | |
Asset Class 4 Bed FlatFloor 4 | Inventory 1units Typically 1 parking ~24 sqm balcony | Size Range 1,342-1,343sqft | Price Range AED 1.7M - AED 1.7M | Avg PSF 1,918 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 854-1,353sqft | Price Range — | Avg PSF 67,121 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 14units 13 layouts · Typically 2.1 parking | Size Range 766-3,595sqft | Price Range — | Avg PSF 1,767 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 106 units