Sobha Creek vistas Reserve

Resale

DeveloperSOBHA L.L.C

CommunitySOBHA HARTLAND

AreaAl Merkadh

Started

6 years 4 months ago02-09-2019

Handover

2 years 4 months ago30-08-2023

Status

CompleteFinished

Project Description

Sobha Creek vistas Reserve is located in the Sobha Hartland, MBR city. It is a residential and commercial building - Ground + 3 Podium Parking + 33 Residential Floors project comprising of One Bedroom apartments, Two bedrooms apartments & Retail. Creek vistas Reserve is located in Sobha Hartland, MBR City. It is a residential and commercial Retail building with Ground floor for Retail and other services, 3 Podium levels for parking, and 33 residential floors. It comprises of 608 nos. of 1-bedroom units, 172 nos. of 2-bedroom apartments and 4 Nos Retail. This apartment complex is provided with amenities like Gymnasium, swimming pool, changing rooms, Kids play area, outdoor decks, play courts and a meditation/ yoga zone. Creek vistas Reserve is well landscaped with lush green gardens and plantations.?

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline

Falling

-17%

Decline

Current:AED 1,694/sqft

Last 12M:AED 2,035/sqft

Momentum: Last 12Mvs Prior Year

Stable

-1%

Decline

Last 12M:AED 2,035/sqft

Prior Year:AED 2,048/sqft

Community Compare: Last 90DSOBHA HARTLAND

Discount

-8%

Below Avg

Project:AED 1,694/sqft

Community:AED 1,851/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

75Sold (Last 12M)

Supply & Demand Matrix

Sobha Creek vistas Reserve 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

608 units

65 sold543 left

11%

Velocity

2 Bedrooms

172 units

10 sold162 left

Velocity

Shop

4 units

0 sold4 left

Velocity

Layouts & Units (784)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class 1 Bed FlatFloors 1-33	Inventory 608units 101 layouts · Typically 1 parking 4-30 sqm balcony	Size Range 244-835sqft	Price Range AED 27K - AED 1.4M	Avg PSF 1,809	Sales 188	Trend —

Asset Class 2 Bed FlatFloors 1-33	Inventory 172units 22 layouts · Typically 1 parking 4-21 sqm balcony	Size Range 337-1,060sqft	Price Range AED 1.0M - AED 2.1M	Avg PSF 1,670	Sales 46	Trend —

Asset Class Building	Inventory 0units	Size Range 100,339-100,351sqft	Price Range —	Avg PSF 893	Sales 0	Trend —

Asset Class ShopPodium	Inventory 4units 3 layouts · Typically 1 parking	Size Range 743-1,090sqft	Price Range AED 2.1M - AED 2.7M	Avg PSF 2,368	Sales 2	Trend —

Grouped into 4 asset classes covering 784 units