Palace Residences Creek Blue

Off-Plan

DeveloperDUBAI CREEK HARBOUR L.L.C

CommunityDubai Creek Harbour

AreaAl Khairan First

Started

1 year 5 months ago01-08-2024

Handover

In 3 years 2 months31-03-2029

Status

2% BuiltIn Progress

Project Description

The project is composed of 1B+G+3P+2 residential towers Tower 1 49 Res Floors + Roof on Top and Tower 2 11Res Floors + Roof on Top Having a total of 592 units + 3 retail units

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

Growth

Current:AED 2,740/sqft

Last 12M:AED 2,752/sqft

Momentum: Last 12Mvs Prior Year

Falling

-6%

Decline

Last 12M:AED 2,752/sqft

Prior Year:AED 2,931/sqft

Community Compare: Last 90DDubai Creek Harbour

Premium

+8%

Above Avg

Project:AED 2,740/sqft

Community:AED 2,547/sqft

Liquidity: Last 12MExit Speed

Low

4%Turnover

23Sold (Last 12M)

Supply & Demand Matrix

Palace Residences Creek Blue 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

250 units

7 sold243 left

Velocity

2 Bedrooms

204 units

7 sold197 left

Velocity

3 Bedrooms

58 units

9 sold49 left

16%

Velocity

Layouts & Units (512)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 48 units	Type Flat	Beds 1 B/R	Size 727 sqft	Avg Price AED 2.1M	Last Price AED 2.0M	Last Sold 10 days ago	Sales 52

Units 50 units	Type Flat	Beds 2 B/R	Size 1,233 sqft	Avg Price AED 4.0M	Last Price AED 4.0M	Last Sold 2 months ago	Sales 51

Units 50 units	Type Flat	Beds 1 B/R	Size 743 sqft	Avg Price AED 2.0M	Last Price AED 2.1M	Last Sold 8 months ago	Sales 51

Units 49 units	Type Flat	Beds 3 B/R	Size 1,775 sqft	Avg Price AED 5.5M	Last Price AED 5.7M	Last Sold 8 months ago	Sales 49

Units 2 units	Type Flat	Beds 2 B/R	Size 1,513 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold 9 months ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,155 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold 11 months ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,160 sqft	Avg Price AED 3.5M	Last Price AED 3.5M	Last Sold 11 months ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 910 sqft	Avg Price AED 2.3M	Last Price AED 2.2M	Last Sold 12 months ago	Sales 2

Units P102	Type Flat	Beds 3 B/R	Size 1,559 sqft	Avg Price AED 4.4M	Last Price AED 4.4M	Last Sold 12 months ago	Sales 1

Units P201	Type Flat	Beds 3 B/R	Size 1,606 sqft	Avg Price AED 4.6M	Last Price AED 4.6M	Last Sold 12 months ago	Sales 1

Units G02	Type Flat	Beds 3 B/R	Size 2,042 sqft	Avg Price AED 4.5M	Last Price AED 4.5M	Last Sold 12 months ago	Sales 1

Units P202	Type Flat	Beds 3 B/R	Size 1,563 sqft	Avg Price AED 4.6M	Last Price AED 4.6M	Last Sold 12 months ago	Sales 1

Units 2 units	Type Flat	Beds 3 B/R	Size 1,601 sqft	Avg Price AED 3.2M	Last Price AED 4.4M	Last Sold 12 months ago	Sales 2

Units 2 units	Type Flat	Beds 3 B/R	Size 2,057 sqft	Avg Price AED 4.5M	Last Price AED 4.5M	Last Sold 12 months ago	Sales 2

Units P105	Type Flat	Beds 3 B/R	Size 1,596 sqft	Avg Price AED 4.6M	Last Price AED 4.6M	Last Sold about 1 year ago	Sales 1

Units 48 units	Type Flat	Beds 1 B/R	Size 907 sqft	Avg Price AED 2.4M	Last Price AED 2.3M	Last Sold about 1 year ago	Sales 48

Units 98 units	Type Flat	Beds 2 B/R	Size 1,121 sqft	Avg Price AED 3.9M	Last Price AED 3.9M	Last Sold about 1 year ago	Sales 98

Units 50 units	Type Flat	Beds 1 B/R	Size 740 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 51

Units 50 units	Type Flat	Beds 1 B/R	Size 762 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 50

Units 48 units	Type Flat	Beds 2 B/R	Size 1,195 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold about 1 year ago	Sales 48

Units 2 units	Type Flat	Beds 2 B/R	Size 1,202 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold about 1 year ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 730 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold over 1 year ago	Sales 1

22 unique layouts covering 512 units