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DUBAI CREEK RESIDENCES

DUBAI CREEK RESIDENCES

Properties for Sale
Dubai Creek Harbour (The Lagoons), Dubai
2 957 888 AED - 6 932 888 AED
Location Dubai Creek Harbour (The Lagoons), Dubai
Type Development
Completion date I quarter, 2019 (Completed)
Living space 146 - 322 m²
Advantages
Type of buildings:
Premium
Residential project 100% completed
State-of-art architecture
Beautiful view
Apartments overlook Dubai
40-storey residential project

The Dubai Creek Residences residential complex in Dubai

Dubai Creek Residences is a large-scale residential project developed by Emaar Properties. The residential complex consists of six high-rise towers: The South Towers 1, 2, and 3 and The North Towers 1, 2, and 3. The buildings are located near Dubai Creek Harbour marina. The complex offers quick access to the promenade that runs along the bay, as well as walking distance to the central park.

Residents of the high-rise towers have access to a wide range of amenities, including:

  • A gym with professional equipment.
  • An outdoor infinity pool with loungers for relaxing by the water.
  • Landscaped gardens with seating areas.
  • A conference room.
  • A supermarket.
  • A sauna and a steam room.
  • A business centre.
  • Barbeque areas.
  • A spa.
  • A covered parking lot.

In close proximity to the apartment complex is the Vida Creek Harbour Hotel, which features high-end restaurants and spas with a wide range of treatments.

A ten-minute drive away is Ras Al Khor, Dubai's largest nature reserve with a large lake. There is a large population of wild flamingos and many other species of animals. Downtown Dubai is within a 15-minute drive from the resort.

Real estate in Dubai Creek Harbour, Dubai, UAE

Dubai Creek Harbour is a rapidly developing multifunctional community in Dubai, situated along the Dubai Creek bay. The area is planned to be developed as a large pedestrian zone with cycling and walking paths, parks, and landscaped gardens. Real estate in the area is represented by high-rise residential complexes featuring apartments and penthouses, as well as elite townhouses located in podium areas of the residential complexes.

Dubai Creek Residences, newly constructed in 2019, are situated in a coastal area, comprising six towers housing apartments with one to three bedrooms and a limited collection of exclusive penthouses occupying the top floors of the high-rises. The apartments range in size from 82 to 200 m², while the six-bedroom penthouses cover an area of 632 m².

All apartments and penthouses come with complete finishing. The bright walls and high ceilings make the apartments spacious and well-lit, while the large panoramic windows provide beautiful views of the Dubai Creek bay and the green surroundings of the area.

The sale of real estate in Dubai Creek Residences

Both UAE citizens and non-residents of the Emirates are eligible to purchase apartments in Dubai Creek Residences as full private property. The residential complex is situated in an area where freehold ownership of property is permitted.

As the residential complex was completed in 2019, fully furnished and ready-to-move-in or rent out apartments are available for purchase. Currently, apartments with an area of 127 m² featuring two bedrooms are available for purchase at a price of AED 2.25 million (USD 612,500), while the cost of a 179-m² apartment with three bedrooms is AED 4 million (USD 1.09 million).

Foreign nationals purchasing property in Dubai Creek Residences with their own funds are eligible to obtain a resident visa for two or five years, depending on the value of the purchase. If the property value exceeds AED 2 million (USD 544,500), a five-year investor golden visa can be obtained.

Location

  • Close to the beach
  • Close to shopping malls
  • Close to the airport
  • Close to the kindergarten
  • Close to a river or promenade
  • City view
  • River view
  • Beautiful view

Features

  • Panoramic windows
  • Terrace
  • TV
  • Internet
  • All appliances
  • Premium class
  • Completed project
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Restaurant
  • Recreation area
  • SPA centre
  • Fitness room
  • Elevator
  • Covered parking

Outdoor features

  • CCTV
  • Security
  • Children's playground
  • Landscaped green area
  • Car park
  • Promenade with amenities
  • Common area with pool
  • Shop

Real estate in Dubai Creek Residences

Lifestyle

Residents of the penthouses and apartments in Dubai Creek Residences enjoy comfortable resort-style living. The convenient location of the apartment buildings in the coastal area provides magnificent views of the Dubai Creek harbor with its glittering white yachts from the windows and balconies of the apartments.

The neighbourhoods and grounds of the residential complex are ideal for an active lifestyle. Here you can stroll along the busy palm-lined promenade, do gymnastics, yoga, or jogging in the central park and keep fit in the gym fitted with professional fitness equipment. There is also an optimal environment for cycling, and skateboarders can sharpen their skills in the large skate park.

Advantages of the residential complex

The apartments in the new building at Dubai Creek Residences are designed to meet modern quality and safety requirements. The residences have functional layouts and stylish finishes. The availability of amenities on the territory of the residential complex allows its residents to live, work, relax, and play sports with maximum comfort.

Among the advantages of the complex is its convenient location on the shore of Dubai Creek. This not only provides beautiful views from the windows of the residences but also creates a comfortable temperature and humidity in the community. The proximity to the marina provides easy access to water transportation. Water cab, ferry, or yacht rental services are available here.

Apartments and penthouses in Dubai Creek Residences

All apartments in Dubai Creek Residences have convenient layouts with spacious open terraces where a private relaxation area can be arranged. The apartments have separate square-shaped kitchens, a spacious living room combined with a dining room, a bedroom with a walk-in closet or a built-in wardrobe, a laundry room, and a guest bathroom.

Penthouses have spacious bedrooms with bathrooms, a guest bathroom, a maid's room, a laundry room, a large kitchen, a living room, and a dining room. The penthouse terrace offers a panoramic view of the sea.

All residences have high-quality finishes using wood, stone, and other natural materials that create a warm and cosy atmosphere in the rooms.

Real estate in Dubai Creek Residences as an investment opportunity

Investing in Dubai Creek Residences is an excellent choice for those looking to preserve and grow their capital. This coastal area is planned to be developed into a new recreational and entertainment centre of Dubai, and there is a high demand for purchasing and renting residential properties here.

Currently, the minimum cost for renting a one-bedroom apartment with an area of 82 m² is AED 82,500 (USD 22,500) per year. For a two-bedroom apartment with an area of 127 m², the rental price is AED 120,000 (USD 32,500) per year. As the community continues to grow, rental rates are expected to gradually increase.

Owning rental properties in this residential complex can provide a good passive income, with the highest return on investment of 5.85% for one-bedroom apartments, followed by two-bedroom and three-bedroom apartments with returns of 5.5% and 5.45%, respectively.

Location
Dubai Mall
12 km
School
7 km
Bank
5 km
Burj Khalifa
11 km
Pharmacy
200 m
Dubai Aquarium
11 km
The Dubai Creek Harbour area

Dubai Creek Harbour is a rapidly developing area of Dubai, located on the coast of Dubai Creek. Today, this community is being developed with residential and commercial units. A large shopping plaza and the Dubai Creek Tower, which is expected to break the record of the world's tallest skyscraper, the Burj Khalifa, are being built here.

At the moment, the area has a large promenade, a central park, a marina with a yacht club, a number of high-rise residential complexes, and five-star hotels. There is a convenient system of environmentally friendly transportation with bicycle rentals, streetcars, and electric buses.

Payment Plan

20%
Purchase Date
5%
Till Handover
75%
Within 36 Months Post Handover
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