Sobha Creek vistas Reserve

Ready

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

Momentum: Last 90Dvs Last 12M Baseline

Falling

-18%

Decline

Current:AED 1,676/sqft

Last 12M:AED 2,035/sqft

Momentum: Last 12Mvs Prior Year

Stable

Growth

Last 12M:AED 2,035/sqft

Prior Year:AED 2,040/sqft

Community Compare: Last 90DSOBHA HARTLAND

Discount

-7%

Below Avg

Project:AED 1,676/sqft

Community:AED 1,811/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

76Sold (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

66 sold542 left

11%

Velocity

2 Bedrooms

172 units

10 sold162 left

Velocity

Shop

4 units

0 sold4 left

Velocity

Layouts & Units (784)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 213 units	Type Flat	Beds 1 B/R	Size 490 sqft	Avg Price AED 1.0M	Last Price AED 68K	Last Sold 9 days ago	Sales 64

Units 10 units	Type Flat	Beds 1 B/R	Size 533 sqft	Avg Price AED 586K	Last Price AED 51K	Last Sold 11 days ago	Sales 2

Units 56 units	Type Flat	Beds 1 B/R	Size 544 sqft	Avg Price AED 1.1M	Last Price AED 1.3M	Last Sold 11 days ago	Sales 25

Units 110 units	Type Flat	Beds 1 B/R	Size 493 sqft	Avg Price AED 1.0M	Last Price AED 1.1M	Last Sold 28 days ago	Sales 43

Units 67 units	Type Flat	Beds 1 B/R	Size 593 sqft	Avg Price AED 1.2M	Last Price AED 1.4M	Last Sold about 1 month ago	Sales 20

Units 72 units	Type Flat	Beds 1 B/R	Size 527 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 2 months ago	Sales 14

Units 58 units	Type Flat	Beds 2 B/R	Size 804 sqft	Avg Price AED 1.5M	Last Price AED 1.7M	Last Sold about 2 months ago	Sales 13

Units 58 units	Type Flat	Beds 2 B/R	Size 929 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold about 2 months ago	Sales 20

Units 46 units	Type Flat	Beds 1 B/R	Size 532 sqft	Avg Price AED 1.1M	Last Price AED 1.2M	Last Sold 4 months ago	Sales 9

Units 46 units	Type Flat	Beds 2 B/R	Size 801 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold 10 months ago	Sales 11

Units 2 units	Type Flat	Beds 1 B/R	Size 754 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold 12 months ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,060 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 1 year ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 781 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold over 1 year ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 750 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 2 years ago	Sales 1

Units B906	Type Flat	Beds 1 B/R	Size 484 sqft	Avg Price AED 880K	Last Price AED 880K	Last Sold over 2 years ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 498 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 2 years ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 549 sqft	Avg Price AED 942K	Last Price AED 942K	Last Sold over 2 years ago	Sales 1

Units RETAIL 02	Type Shop	Beds —	Size 743 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 850 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 03	Type Shop	Beds —	Size 1,082 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units A106	Type Flat	Beds 1 B/R	Size 518 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 576 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 579 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 592 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B106	Type Flat	Beds 1 B/R	Size 683 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 833 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B207	Type Flat	Beds 2 B/R	Size 879 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 934 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B107	Type Flat	Beds 2 B/R	Size 1,012 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

29 unique layouts covering 784 units