The Cove

Ready

DeveloperTHE LAGOONS PHASE ONE L.L.C

CommunityDubai Creek Harbour

AreaAl Khairan First

Started

9 years ago14-01-2017

Handover

4 years 2 months ago17-11-2021

Status

CompleteFinished

Project Description

PROPOSED 3 RESIDENTIAL BUILDING WITH PROMENADE RETAIL AS FOLLOWS BUILDING1: 2B+G+21 (137 units) BUILDING 2: 2B+G+9 (89 units) BUILDING 3: 2B+G+6 (50 units) ON PLOT NO. 132 (415-8724) AL KHAIRAN FIRST, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 2,297/sqft

Last 12M:AED 2,331/sqft

Momentum: Last 12Mvs Prior Year

Rising

+6%

Growth

Last 12M:AED 2,331/sqft

Prior Year:AED 2,204/sqft

Community Compare: Last 90DDubai Creek Harbour

Discount

-10%

Below Avg

Project:AED 2,295/sqft

Community:AED 2,547/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

26Sold (Last 12M)

Supply & Demand Matrix

The Cove averaged 9% 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

73 units

9 sold64 left

12%

Velocity

2 Bedrooms

120 units

11 sold109 left

Velocity

3 Bedrooms

79 units

5 sold74 left

Velocity

4 Bedrooms

8 units

1 sold7 left

13%

Velocity

Shop

11 units

0 sold11 left

Velocity

Layouts & Units (291)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 9 units	Type Flat	Beds 1 B/R	Size 724 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold 7 days ago	Sales 4

Units 24 units	Type Flat	Beds 2 B/R	Size 1,344 sqft	Avg Price AED 2.9M	Last Price AED 3.5M	Last Sold 17 days ago	Sales 11

Units 39 units	Type Flat	Beds 3 B/R	Size 1,839 sqft	Avg Price AED 4.1M	Last Price AED 3.7M	Last Sold about 1 month ago	Sales 8

Units 7 units	Type Flat	Beds 1 B/R	Size 738 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 8

Units 17 units	Type Flat	Beds 1 B/R	Size 826 sqft	Avg Price AED 1.8M	Last Price AED 1.5M	Last Sold about 1 month ago	Sales 4

Units 26 units	Type Flat	Beds 2 B/R	Size 1,287 sqft	Avg Price AED 2.7M	Last Price AED 3.0M	Last Sold 3 months ago	Sales 10

Units 18 units	Type Flat	Beds 1 B/R	Size 745 sqft	Avg Price AED 1.9M	Last Price AED 2.0M	Last Sold 4 months ago	Sales 7

Units 18 units	Type Flat	Beds 2 B/R	Size 1,339 sqft	Avg Price AED 2.9M	Last Price AED 3.3M	Last Sold 5 months ago	Sales 4

Units 5 units	Type Flat	Beds 1 B/R	Size 776 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 5 months ago	Sales 1

Units 8 units	Type Flat	Beds 1 B/R	Size 791 sqft	Avg Price AED 1.4M	Last Price AED 1.5M	Last Sold 5 months ago	Sales 3

Units 2101	Type Flat	Beds 4 B/R	Size 4,620 sqft	Avg Price AED 10.8M	Last Price AED 10.8M	Last Sold 11 months ago	Sales 1

Units 5 units	Type Flat	Beds 2 B/R	Size 1,302 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold 11 months ago	Sales 1

Units 901	Type Flat	Beds 4 B/R	Size 5,267 sqft	Avg Price AED 11.2M	Last Price AED 11.2M	Last Sold about 1 year ago	Sales 1

Units 7 units	Type Flat	Beds 2 B/R	Size 1,206 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold over 1 year ago	Sales 1

Units 12 units	Type Flat	Beds 3 B/R	Size 1,869 sqft	Avg Price AED 4.5M	Last Price AED 5.0M	Last Sold over 1 year ago	Sales 4

Units 2 units	Type Flat	Beds 1 B/R	Size 837 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold over 1 year ago	Sales 1

Units 10 units	Type Flat	Beds 3 B/R	Size 1,891 sqft	Avg Price AED 3.5M	Last Price AED 4.2M	Last Sold over 1 year ago	Sales 4

Units 5 units	Type Flat	Beds 1 B/R	Size 770 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 2 years ago	Sales 1

Units 5 units	Type Flat	Beds 2 B/R	Size 1,306 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 3 years ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,217 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold about 3 years ago	Sales 1

Units 8 units	Type Flat	Beds 2 B/R	Size 1,249 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold about 3 years ago	Sales 1

Units R11	Type Shop	Beds —	Size 894 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R07	Type Shop	Beds —	Size 1,068 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R03	Type Shop	Beds —	Size 1,308 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R06	Type Shop	Beds —	Size 1,461 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R02	Type Shop	Beds —	Size 1,546 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R01	Type Shop	Beds —	Size 1,801 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R04	Type Shop	Beds —	Size 1,957 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R10	Type Shop	Beds —	Size 1,974 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R05	Type Shop	Beds —	Size 2,125 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R09	Type Shop	Beds —	Size 3,067 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units R08	Type Shop	Beds —	Size 6,962 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G07	Type Flat	Beds 1 B/R	Size 865 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G08	Type Flat	Beds 1 B/R	Size 1,011 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 802	Type Flat	Beds 2 B/R	Size 1,127 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 710	Type Flat	Beds 2 B/R	Size 1,208 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,219 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,312 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,313 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Flat	Beds 2 B/R	Size 1,596 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 2 B/R	Size 1,662 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,800 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units TH04	Type Flat	Beds 2 B/R	Size 1,899 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units TH01	Type Flat	Beds 2 B/R	Size 1,925 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,936 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds 2 B/R	Size 2,032 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 3 B/R	Size 1,742 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds 3 B/R	Size 1,746 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Flat	Beds 3 B/R	Size 1,843 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 3 B/R	Size 2,192 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 3 B/R	Size 2,199 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 801	Type Flat	Beds 3 B/R	Size 2,907 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2102	Type Flat	Beds 4 B/R	Size 3,860 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2002	Type Flat	Beds 4 B/R	Size 4,136 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 602	Type Flat	Beds 4 B/R	Size 4,371 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2001	Type Flat	Beds 4 B/R	Size 4,905 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 601	Type Flat	Beds 4 B/R	Size 5,049 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 902	Type Flat	Beds 4 B/R	Size 5,190 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

58 unique layouts covering 291 units