Palace Residences - Dubai Creek Harbour

Ready

DeveloperTHE LAGOONS PHASE ONE L.L.C

CommunityDubai Creek Harbour

AreaAl Khairan First

Started

6 years 5 months ago24-07-2019

Handover

3 years ago31-12-2022

Status

CompleteFinished

Project Description

Tower 1 comprises of 4B + G + 46 floors having branded apartment units Tower 2 comprises of 4B + G + M + 9 floors having hotel room units

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 2,719/sqft

Last 12M:AED 2,807/sqft

Momentum: Last 12Mvs Prior Year

Rising

+7%

Growth

Last 12M:AED 2,807/sqft

Prior Year:AED 2,619/sqft

Community Compare: Last 90DDubai Creek Harbour

Premium

+14%

Above Avg

Project:AED 2,913/sqft

Community:AED 2,547/sqft

Liquidity: Last 12MExit Speed

Low

4%Turnover

24Sold (Last 12M)

Supply & Demand Matrix

Palace Residences - Dubai Creek Harbour averaged 4% liquidity over the last 12 months, which is considered low. 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

221 units

6 sold215 left

Velocity

2 Bedrooms

276 units

14 sold262 left

Velocity

3 Bedrooms

82 units

4 sold78 left

Velocity

4 Bedrooms

8 units

0 sold8 left

Velocity

Shop

4 units

0 sold4 left

Velocity

Layouts & Units (592)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 139 units	Type Flat	Beds 1 B/R	Size 700 sqft	Avg Price AED 2.0M	Last Price AED 2.2M	Last Sold 7 days ago	Sales 10

Units 41 units	Type Flat	Beds 3 B/R	Size 1,800 sqft	Avg Price AED 4.6M	Last Price AED 5.1M	Last Sold 29 days ago	Sales 8

Units 38 units	Type Flat	Beds 2 B/R	Size 1,095 sqft	Avg Price AED 2.9M	Last Price AED 2.1M	Last Sold about 1 month ago	Sales 6

Units 37 units	Type Flat	Beds 2 B/R	Size 1,104 sqft	Avg Price AED 3.2M	Last Price AED 3.4M	Last Sold 3 months ago	Sales 4

Units 41 units	Type Flat	Beds 2 B/R	Size 1,188 sqft	Avg Price AED 3.3M	Last Price AED 3.6M	Last Sold 4 months ago	Sales 3

Units 19 units	Type Flat	Beds 1 B/R	Size 713 sqft	Avg Price AED 1.9M	Last Price AED 2.0M	Last Sold 5 months ago	Sales 2

Units 21 units	Type Flat	Beds 2 B/R	Size 1,091 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 5 months ago	Sales 4

Units 62 units	Type Flat	Beds 2 B/R	Size 1,099 sqft	Avg Price AED 3.0M	Last Price AED 3.1M	Last Sold 8 months ago	Sales 5

Units 39 units	Type Flat	Beds 3 B/R	Size 1,779 sqft	Avg Price AED 4.8M	Last Price AED 4.8M	Last Sold 12 months ago	Sales 1

Units 43 units	Type Flat	Beds 1 B/R	Size 705 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold about 1 year ago	Sales 4

Units 76 units	Type Flat	Beds 2 B/R	Size 1,187 sqft	Avg Price AED 2.9M	Last Price AED 3.5M	Last Sold about 1 year ago	Sales 8

Units 104	Type Flat	Beds 3 B/R	Size 1,824 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold about 1 year ago	Sales 1

Units R04	Type Shop	Beds —	Size 855 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R02	Type Shop	Beds —	Size 1,305 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R03	Type Shop	Beds —	Size 1,321 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R01	Type Shop	Beds —	Size 1,365 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units V1 HOTEL	Type Hotel	Beds —	Size 227,573 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 19 units	Type Flat	Beds 1 B/R	Size 712 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 109	Type Flat	Beds 1 B/R	Size 770 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 2 B/R	Size 1,179 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 111	Type Flat	Beds 3 B/R	Size 1,784 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 4 B/R	Size 2,363 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 4 B/R	Size 2,372 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

23 unique layouts covering 592 units