Canal Front Residences-CF7 & CF8 & CF9
ResaleDeveloperMEYDAN GROUP (L.L.C)
CommunityDubai Water Canal
AreaAl Wasl
Started
7 years 8 months ago01-05-2018
Handover
1 year ago31-12-2024
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
Rising+14%
GrowthCurrent:AED 3,396/sqft
Last 12M:AED 2,972/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DDubai Water Canal
At Market+2%
Above AvgProject:AED 3,396/sqft
Community:AED 3,342/sqft
Liquidity: Last 12MExit Speed
High29%Turnover
109Sold (Last 12M)
Supply & Demand Matrix
Canal Front Residences-CF7 & CF8 & CF9 averaged 29% 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
60 units
21 sold39 left
35%
Velocity
2 Bedrooms
253 units
74 sold179 left
29%
Velocity
3 Bedrooms
38 units
13 sold25 left
34%
Velocity
Shop
23 units
1 sold22 left
4%
Velocity
Layouts & Units (374)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 1-14 | Inventory 60units 13 layouts · Typically 1 parking 6-32 sqm balcony | Size Range 821-1,272sqft | Price Range AED 1.5M - AED 4.4M | Avg PSF 2,127 | Sales 21 | Trend — | |
Asset Class 2 Bed FlatFloors 1-14 | Inventory 253units 81 layouts · Typically 1 parking 6-76 sqm balcony | Size Range 787-2,254sqft | Price Range AED 2.9M - AED 6.2M | Avg PSF 2,315 | Sales 74 | Trend — | |
Asset Class 3 Bed FlatFloors 1-14 | Inventory 38units 12 layouts · Typically 2 parking 6-56 sqm balcony | Size Range 1,729-2,935sqft | Price Range AED 5.0M - AED 12.5M | Avg PSF 2,433 | Sales 13 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 171,046-171,046sqft | Price Range — | Avg PSF 3,332 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 23units 21 layouts · Typically 2.1 parking 76-117 sqm balcony | Size Range 512-4,379sqft | Price Range AED 6.4M - AED 6.4M | Avg PSF 2,602 | Sales 1 | Trend — |
Grouped into 5 asset classes covering 374 units