CREEK RISE

Ready

DeveloperTHE LAGOONS PHASE ONE L.L.C

CommunityDubai Creek Harbour

AreaAl Khairan First

Started

8 years 9 months ago17-04-2017

Handover

3 years 6 months ago30-06-2022

Status

CompleteFinished

Project Description

PROPOSED 2 Residential TOWERS PODIUM: 1B+G+1M+1P T1: B+G+M+P+38 FLOORS T2: B+G+M+P+29 FLOORS TOWNHOUSES: G+1M+1P+2F+R (APARTMENTS +RETAIL+OFFICES) ON PLOT NO.131 (415-8711) AL KHAIRAN FIRST, DUBAI. BUILDING CONSIST OF CONCRETE STRUCTURE WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-2%

Decline

Current:AED 2,174/sqft

Last 12M:AED 2,222/sqft

Momentum: Last 12Mvs Prior Year

Rising

+5%

Growth

Last 12M:AED 2,222/sqft

Prior Year:AED 2,125/sqft

Community Compare: Last 90DDubai Creek Harbour

Discount

-13%

Below Avg

Project:AED 2,206/sqft

Community:AED 2,547/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

48Sold (Last 12M)

Supply & Demand Matrix

CREEK RISE 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

185 units

24 sold161 left

13%

Velocity

2 Bedrooms

237 units

15 sold222 left

Velocity

3 Bedrooms

109 units

9 sold100 left

Velocity

4 Bedrooms

8 units

0 sold8 left

Velocity

Shop

8 units

0 sold8 left

Velocity

Layouts & Units (547)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 49 units	Type Flat	Beds 2 B/R	Size 1,256 sqft	Avg Price AED 2.5M	Last Price AED 2.8M	Last Sold 10 days ago	Sales 10

Units 118 units	Type Flat	Beds 2 B/R	Size 1,109 sqft	Avg Price AED 2.5M	Last Price AED 2.2M	Last Sold about 1 month ago	Sales 20

Units 70 units	Type Flat	Beds 1 B/R	Size 825 sqft	Avg Price AED 1.7M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 20

Units 58 units	Type Flat	Beds 2 B/R	Size 1,107 sqft	Avg Price AED 2.5M	Last Price AED 2.6M	Last Sold about 1 month ago	Sales 10

Units 26 units	Type Flat	Beds 1 B/R	Size 848 sqft	Avg Price AED 1.7M	Last Price AED 1.6M	Last Sold 2 months ago	Sales 5

Units 70 units	Type Flat	Beds 3 B/R	Size 1,667 sqft	Avg Price AED 3.5M	Last Price AED 4.1M	Last Sold 2 months ago	Sales 9

Units 26 units	Type Flat	Beds 1 B/R	Size 789 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold 3 months ago	Sales 10

Units 35 units	Type Flat	Beds 1 B/R	Size 779 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold 3 months ago	Sales 7

Units 24 units	Type Flat	Beds 1 B/R	Size 828 sqft	Avg Price AED 1.7M	Last Price AED 1.8M	Last Sold 8 months ago	Sales 5

Units 17 units	Type Flat	Beds 3 B/R	Size 1,447 sqft	Avg Price AED 3.2M	Last Price AED 3.5M	Last Sold about 1 year ago	Sales 4

Units P01	Type Flat	Beds 1 B/R	Size 928 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 1 year ago	Sales 1

Units P04	Type Flat	Beds 2 B/R	Size 1,342 sqft	Avg Price AED 2.1M	Last Price AED 2.4M	Last Sold over 2 years ago	Sales 2

Units TH01	Type Flat	Beds 3 B/R	Size 2,607 sqft	Avg Price AED 4.2M	Last Price AED 4.2M	Last Sold over 2 years ago	Sales 1

Units RETAIL-05	Type Shop	Beds —	Size 616 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-02	Type Shop	Beds —	Size 685 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-04	Type Shop	Beds —	Size 857 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-08	Type Shop	Beds —	Size 902 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-03	Type Shop	Beds —	Size 1,258 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-06	Type Shop	Beds —	Size 1,373 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-07	Type Shop	Beds —	Size 1,613 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-01	Type Shop	Beds —	Size 1,760 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 775 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Flat	Beds 1 B/R	Size 976 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M01	Type Flat	Beds 2 B/R	Size 1,153 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,168 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 2 B/R	Size 1,332 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P01	Type Flat	Beds 2 B/R	Size 1,337 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G04	Type Flat	Beds 2 B/R	Size 1,354 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 2 B/R	Size 1,360 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 2 B/R	Size 1,468 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G07	Type Flat	Beds 2 B/R	Size 1,542 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G02	Type Flat	Beds 2 B/R	Size 1,577 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds 2 B/R	Size 1,578 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 18 units	Type Flat	Beds 3 B/R	Size 1,448 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units TH04	Type Flat	Beds 3 B/R	Size 2,471 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 2,485 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 4 B/R	Size 2,988 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 4 B/R	Size 4,358 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 4 B/R	Size 4,364 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

39 unique layouts covering 547 units