About Creek Palace Residences
Status
Under construction
Deadline
2Q 2027
Developer
EMAAR Properties
District
Creek Island Dubai Creek Harbour
Squares
from 700 sq. ft.
Price
Status
Deadline
Developer
District
Squares
Price
Luxury real estate enthusiasts have the opportunity to take advantage of the services of the developer Emaar Properties, which offers the Creek Palace project located in the Creek Island area of Dubai Creek Harbour. The presentation of the residential complex took place in early 2020, potential buyers were presented with an object on 33 floors, with 325 real estate units. The list of offers includes apartments for one or three bedrooms, and 8 Waterfront Villas of an exclusive format for three bedrooms. The total area of each option is 59 to 212 square meters. From the windows, residents will have an amazing view of Creek Beach and Burj Khalifa
According to the planning, any of these objects will have one or two balconies, a utility room and a large hall. The location of the apartments in the upper part of the building allows you to get a good overview of the sea coast. The complex is also equipped with an individual elevator, with which residents will easily climb to the pool with villas.
For property owners in this sector, all modern amenities of the highest class are provided, including a special area for training that features a gym, an infinity pool, a yoga room, a relaxation area with a barbecue, and a children’s play area that also has a pool.
The highlight of the object is the presence of the Creek Promenade, which runs through the territory of the residential complex. The most significant location in this case is:
In addition, property owners have free access to Central Park, which includes a swimming area, a fitness plaza, an outdoor theater, a children’s play area, and specialized areas for walking pets.
Property Types:
Apartments
first installment
10%
under construction
70%
on key handover
20%
The design of this residential complex was carried out according to an individual plan. According to it, the facility will be located next to the Palace Hotel, operated by Address Hotels + Resorts. The highlight of living here will be the opportunity to receive discounts on hotel services, privileges regarding cleaning services, as well as services from a concierge and a valet. Not far from the complex is the Creek Beach, where there are many F&B establishments. Sunbathing will be possible on the private territory of the beach, stretching along the sea for 7.5 km.
According to the Property Finder portal, at the beginning of 2021, the rental price for one-bedroom apartments in Dubai Creek Harbour was AED 50,000 ($13,600) per year, with a rental yield of 5.3%. Upon completion of construction and improvement of infrastructure, the profitability of each object will be largely increased. It is worth noting that Dubai Creek Harbour will contain numerous useful locations, such as shopping centers, healthcare, medical and educational institutions, hotels, and recreational areas.
The highlight of the facility will be the presence of Creek Tower – the tallest tower in the world, which is also planned for construction. In addition, a large Chinatown will be located here, which will also become a local attraction. The data from the DLD portal shows that during the period of research from January 1, 2022 to March 20, 2022, the most popular projects in Dubai Creek Harbour were Grove, Rosewater, Address Harbour Point, and The Grand.
Another positive aspect of buying property in this residential complex is the availability of the Taskeen program, which provides the potential to obtain a 3-year visa. It relies on a contribution to the UAE economy, subject to the purchase of real estate in the amount of AED 750,000 ($205,000).
The visa is issued after the construction is completed. Assuming the possibility of applying family sponsorship. The commissioning of the facility itself is planned for the beginning of 2026. Therefore, Now is the most convenient moment to buy real estate when using the developer’s plans. What you buy now will be a great investment in your future. Our agency offers assistance in finding and providing up-to-date information about the best real estate options for your case.
Pool
Sports Hall
Children playground
Barbecue area
24/7 security
Covered parking
Cafes and restaurants
The Creek Palace residential Complex is an important part of the huge Dubai Creek Harbour project. The tower of the complex is located next to the Ras Al Khor Road, which provides residents with the opportunity to easily reach any place in the emirate in just 15 minutes. The most important locations include Dubai International Airport, Business Bay and Dubai Festival City. It should be noted that infrastructure development work in this sector is still under construction. Upon its completion, the owners of the apartments will be able to get to the locations of Dubai using 4 metro stations, a wide system of highways, 3 bridges leading to Creek Island, and a water taxi.
The Creek Marina residential complex can be reached on foot in 25 minutes. There are many grocery stores, a dock for an 81-boat marina, a yacht club, leisure areas, restaurants, Vida Creek Harbour, and much more. Exactly the same time will take a segment of the road by car on the way to the Geant Express supermarket, which has everything you need.
It is possible to reach educational and medical institutions by car within 15 minutes. The following locations are available for residents of the complex:
Another interesting object within the residential complex is the Ras Al Khor Wildlife Sanctuary. It is unique in its breeding of fish and mammals in aquatic insects. Here you can walk, relax, observe animals and flora in their natural habitat. The feature of the reserve is beautiful pink flamingos.
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