DAMAC CITY 2

Off-Plan

DeveloperPINNACLE REAL ESTATE DEVELOPMENTS L.L.C

CommunityDubai Water Canal

AreaAl Wasl

Started

1 year 6 months ago26-06-2024

Status

0% BuiltIn Progress

Project Description

Project consists of G+5P+50+R Floors residential. It is designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

Growth

Current:AED 3,043/sqft

Last 12M:AED 3,033/sqft

Momentum: Last 12Mvs Prior Year

Stable

Growth

Last 12M:AED 3,033/sqft

Prior Year:AED 3,044/sqft

Community Compare: Last 90DDubai Water Canal

Discount

-5%

Below Avg

Project:AED 3,043/sqft

Community:AED 3,210/sqft

Liquidity: Last 12MExit Speed

High

54%Turnover

394Sold (Last 12M)

Supply & Demand Matrix

DAMAC CITY 2 averaged 54% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

111 units

71 sold40 left

64%

Velocity

1 Bedroom

430 units

219 sold211 left

51%

Velocity

2 Bedrooms

183 units

103 sold80 left

56%

Velocity

3 Bedrooms

2 units

0 sold2 left

Velocity

5 Bedrooms

3 units

1 sold2 left

33%

Velocity

Shop

2 units

0 sold2 left

Velocity

Layouts & Units (731)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 38 units	Type Flat	Beds 2 B/R	Size 1,155 sqft	Avg Price AED 3.4M	Last Price AED 3.1M	Last Sold 8 days ago	Sales 35

Units 44 units	Type Flat	Beds Studio	Size 392 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 8 days ago	Sales 4

Units 6 units	Type Flat	Beds 2 B/R	Size 1,495 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold 9 days ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,149 sqft	Avg Price AED 3.7M	Last Price AED 3.9M	Last Sold 10 days ago	Sales 2

Units 5 units	Type Flat	Beds 2 B/R	Size 1,261 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold 10 days ago	Sales 2

Units 44 units	Type Flat	Beds Studio	Size 395 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold 10 days ago	Sales 57

Units 35 units	Type Flat	Beds 1 B/R	Size 705 sqft	Avg Price AED 2.2M	Last Price AED 2.1M	Last Sold 17 days ago	Sales 32

Units 25 units	Type Flat	Beds 1 B/R	Size 821 sqft	Avg Price AED 2.6M	Last Price AED 2.7M	Last Sold 18 days ago	Sales 13

Units 21 units	Type Flat	Beds Studio	Size 400 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold 18 days ago	Sales 9

Units 24 units	Type Flat	Beds 1 B/R	Size 714 sqft	Avg Price AED 2.2M	Last Price AED 2.3M	Last Sold 23 days ago	Sales 23

Units 23 units	Type Flat	Beds 1 B/R	Size 733 sqft	Avg Price AED 2.2M	Last Price AED 2.1M	Last Sold 24 days ago	Sales 18

Units 4802	Type Flat	Beds Studio	Size 407 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold 25 days ago	Sales 1

Units 4809	Type Flat	Beds 2 B/R	Size 1,084 sqft	Avg Price AED 3.7M	Last Price AED 3.7M	Last Sold 28 days ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,078 sqft	Avg Price AED 3.2M	Last Price AED 3.1M	Last Sold 30 days ago	Sales 8

Units 16 units	Type Flat	Beds 1 B/R	Size 691 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold about 1 month ago	Sales 14

Units 46 units	Type Flat	Beds 1 B/R	Size 765 sqft	Avg Price AED 2.3M	Last Price AED 2.6M	Last Sold about 1 month ago	Sales 17

Units 6 units	Type Flat	Beds 1 B/R	Size 745 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold about 1 month ago	Sales 5

Units 13 units	Type Flat	Beds 1 B/R	Size 826 sqft	Avg Price AED 2.7M	Last Price AED 2.6M	Last Sold about 1 month ago	Sales 5

Units 2711	Type Flat	Beds 1 B/R	Size 751 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold about 2 months ago	Sales 9

Units 31 units	Type Flat	Beds 1 B/R	Size 757 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold about 2 months ago	Sales 6

Units 8 units	Type Flat	Beds 1 B/R	Size 784 sqft	Avg Price AED 2.3M	Last Price AED 2.2M	Last Sold about 2 months ago	Sales 6

Units 2 units	Type Flat	Beds 5 B/R	Size 5,381 sqft	Avg Price AED 26.2M	Last Price AED 26.2M	Last Sold about 2 months ago	Sales 1

Units 4810	Type Flat	Beds 1 B/R	Size 962 sqft	Avg Price AED 2.7M	Last Price AED 2.5M	Last Sold about 2 months ago	Sales 3

Units 40 units	Type Flat	Beds 1 B/R	Size 769 sqft	Avg Price AED 2.3M	Last Price AED 2.4M	Last Sold about 2 months ago	Sales 23

Units 8 units	Type Flat	Beds 1 B/R	Size 776 sqft	Avg Price AED 2.3M	Last Price AED 2.2M	Last Sold 3 months ago	Sales 7

Units 8 units	Type Flat	Beds 1 B/R	Size 859 sqft	Avg Price AED 2.4M	Last Price AED 2.2M	Last Sold 3 months ago	Sales 5

Units 8 units	Type Flat	Beds 1 B/R	Size 719 sqft	Avg Price AED 2.3M	Last Price AED 2.2M	Last Sold 3 months ago	Sales 7

Units 12 units	Type Flat	Beds 1 B/R	Size 854 sqft	Avg Price AED 2.3M	Last Price AED 2.4M	Last Sold 3 months ago	Sales 5

Units 8 units	Type Flat	Beds 1 B/R	Size 867 sqft	Avg Price AED 2.4M	Last Price AED 2.6M	Last Sold 3 months ago	Sales 7

Units 2 units	Type Flat	Beds 2 B/R	Size 1,141 sqft	Avg Price AED 3.7M	Last Price AED 3.7M	Last Sold 3 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,218 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold 3 months ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,016 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold 4 months ago	Sales 3

Units 5 units	Type Flat	Beds 1 B/R	Size 963 sqft	Avg Price AED 2.8M	Last Price AED 2.9M	Last Sold 4 months ago	Sales 6

Units 10 units	Type Flat	Beds 2 B/R	Size 1,070 sqft	Avg Price AED 3.2M	Last Price AED 3.6M	Last Sold 4 months ago	Sales 10

Units 9 units	Type Flat	Beds 2 B/R	Size 1,067 sqft	Avg Price AED 3.2M	Last Price AED 3.5M	Last Sold 4 months ago	Sales 9

Units 2 units	Type Flat	Beds 2 B/R	Size 1,275 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 4 months ago	Sales 2

Units 9 units	Type Flat	Beds 2 B/R	Size 1,146 sqft	Avg Price AED 3.4M	Last Price AED 3.6M	Last Sold 4 months ago	Sales 9

Units 15 units	Type Flat	Beds 2 B/R	Size 1,019 sqft	Avg Price AED 3.0M	Last Price AED 3.3M	Last Sold 4 months ago	Sales 16

Units 17 units	Type Flat	Beds 2 B/R	Size 1,174 sqft	Avg Price AED 3.7M	Last Price AED 3.7M	Last Sold 4 months ago	Sales 2

Units 7 units	Type Flat	Beds 1 B/R	Size 724 sqft	Avg Price AED 2.2M	Last Price AED 2.1M	Last Sold 5 months ago	Sales 6

Units 3 units	Type Flat	Beds 2 B/R	Size 1,158 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold 5 months ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,077 sqft	Avg Price AED 3.4M	Last Price AED 3.4M	Last Sold 5 months ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 892 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold 7 months ago	Sales 1

Units RETAIL-01	Type Shop	Beds —	Size 738 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-02	Type Shop	Beds —	Size 3,084 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 11 units	Type Flat	Beds 1 B/R	Size 762 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 35 units	Type Flat	Beds 1 B/R	Size 832 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 836 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 842 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 846 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds 1 B/R	Size 968 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 29 units	Type Flat	Beds 1 B/R	Size 984 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4701	Type Flat	Beds 1 B/R	Size 990 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds 1 B/R	Size 1,043 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4612	Type Flat	Beds 1 B/R	Size 1,687 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4805	Type Flat	Beds 2 B/R	Size 1,060 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4705	Type Flat	Beds 2 B/R	Size 1,091 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4704	Type Flat	Beds 2 B/R	Size 1,109 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4509	Type Flat	Beds 2 B/R	Size 1,124 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,134 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,164 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 2 B/R	Size 1,170 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,211 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4803	Type Flat	Beds 2 B/R	Size 1,368 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,411 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 15 units	Type Flat	Beds 2 B/R	Size 1,415 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,502 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 203	Type Flat	Beds 2 B/R	Size 1,773 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 2 B/R	Size 1,842 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 212	Type Flat	Beds 2 B/R	Size 1,852 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4902	Type Flat	Beds 3 B/R	Size 3,142 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4904	Type Flat	Beds 3 B/R	Size 3,144 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4903	Type Flat	Beds 5 B/R	Size 4,971 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4702	Type Flat	Beds Studio	Size 408 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

74 unique layouts covering 731 units