Canal Front Residences-CF5&CF6
ResaleDeveloperMEYDAN GROUP (L.L.C)
CommunityDubai Water Canal
AreaAl Wasl
Started
7 years 9 months ago01-04-2018
Handover
1 year 3 months ago30-09-2024
Status
CompleteFinished
Project Description
(2BG+9+1R)*2,(2B+G+10+1R)*1 &(2B+G+14+1R)*2 residential+ Retail, the project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 2,927/sqft
Last 12M:AED 2,879/sqft
Momentum: Last 12Mvs Prior Year
Falling-6%
DeclineLast 12M:AED 2,879/sqft
Prior Year:AED 3,053/sqft
Community Compare: Last 90DDubai Water Canal
Discount-12%
Below AvgProject:AED 2,927/sqft
Community:AED 3,342/sqft
Liquidity: Last 12MExit Speed
High28%Turnover
47Sold (Last 12M)
Supply & Demand Matrix
Canal Front Residences-CF5&CF6 averaged 28% 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
16 units
1 sold15 left
6%
Velocity
2 Bedrooms
118 units
37 sold81 left
31%
Velocity
3 Bedrooms
30 units
9 sold21 left
30%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (165)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-8 | Inventory 16units 4 layouts · Typically 1 parking ~6 sqm balcony | Size Range 951-975sqft | Price Range AED 2.6M - AED 2.6M | Avg PSF 2,034 | Sales 1 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-9 | Inventory 118units 47 layouts · Typically 1.1 parking 6-103 sqm balcony | Size Range 471-2,491sqft | Price Range AED 3.6M - AED 8.0M | Avg PSF 2,333 | Sales 38 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-10 | Inventory 30units 14 layouts · Typically 2 parking 13-126 sqm balcony | Size Range 1,927-4,200sqft | Price Range AED 4.8M - AED 9.0M | Avg PSF 2,207 | Sales 9 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 3 parking | Size Range 1,833-1,833sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 165 units