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
Creek Palace is a state-of-the-art residential complex with ultra-class comfort. The construction of the facility is planned in the area of Creek Island, Dubai Creek Harbour, which is considered the most prestigious in Dubai. One of the first objects of the project was presented in early 2020, representing a 33-storey complex with 325 residential sectors. The list of offers includes one– to three-bedroom apartments, and 8 unique Waterfront Villas with three bedrooms. The windows of the residences offer a beautiful view of Creek Beach and Burj Khalifa, and the size of each residential facility is from 59 sq. m. up to 212 sq. m.
According to the construction company, one or two private balconies are planned in each residence, as well as a spacious hall and a laundry room. The main feature here is the location of the villas along the embankment on the upper level. This makes it possible for future owners to always enjoy the views of the sea surf on the coast. In addition, the complex will be equipped with an individual elevator, with which you can climb from the embankment directly to the villas and the pool.
Lovers of an active lifestyle who will live in the Creek Palace will be able to maintain their physical fitness in the gym, a special room for yoga classes, in the infinity pool. There is a comfortable green area for children to relax and play on the lawn. Also, the owners of luxury apartments will relax in a comfortable barbecue area.
As for the embankment, located in proximity to the Creek Promenade, the owners of real estate in this place receive the following privileges:
Do not forget about the quick access to Central Park, which all residents of the complex will have. In this case, they will have at their disposal a fitness plaza, an amphitheater in a green zone, equipped territories for skating, as well as for walking dogs.
Property Types:
Flats, Apartments
first installment
10%
under construction
70%
on key handover
20%
The Creek Palace residential complex project provides for the execution of an individual order, which indicates its originality and uniqueness. According to the plan, the facility itself is part of the Palace Hotel concept, which is managed by Address Hotels + Resorts. In the framework of this project, the owners of real estate will receive significant preferences in terms of payments for hotel services – such as cleaning, maid, concierge, valet. The housing set will be located next to the beaches of Creek Beach, where there are F&B establishments and a private area by the sea which is 7.5 meters long.
According to the Property Finder agency, the starting cost of one-bedroom apartments for rent in the first quarter of 2021 was AED 50,000 ($13,600) per year. At the same time, the return on such investments is estimated at 5.3 percent. It is quite natural that after the final gentrification of the territory, the level of rental income will increase significantly. Taking into account this factor, at the end of the construction stages within the boundaries of Dubai Creek Harbour, it is planned to place objects of social and civil purpose, such as trading platforms, educational and medical institutions, places for recreation, hotels, etc.
A distinctive feature of the project is the construction of Creek Tower – the tallest tower in the world, as well as a large Chinatown, which will be an ideal complement to the basic attractions.
Those who are interested in the most popular locations of Dubai Creek Harbour will be interested in the statistics provided by DLD. Analyzing the requests of investors in the period 01.01 – 20.03.2022, they noted Grove, Rosewater, Address Harbour Point and The Grand objects.
An important feature for real estate buyers within the framework of this project is the availability for future owners of the Taskeen investment program, which involves obtaining a visa for a period of 3 years. Its issuance is provided in case of purchase of housing at the price of AED 750,000 ($205,000). You can apply for a visa only after the construction of the residential complex is fully completed. The very presence of a visa allows you to sponsor your own family and service personnel during the period provided for in the document.
It is worth noting that the date of completion of the project is announced by the developer as the 1st quarter of 2026. And this means that at this stage you already have the opportunity to purchase housing at a very favorable price, using the payment scheme from the developer himself. Managers of our company will be able to provide comprehensive information about this to all interested parties – you just need to contact us for advice and support.
Pool
Sports Hall
Children playground
Barbecue area
24/7 security
Covered parking
Cafes and restaurants
Creek Palace is a kind of integral part of the huge Dubai Creek Harbour project, which is an element of the “”entrance gate”” to Creek Island.
The object is located in the immediate vicinity of the Ras Al Khor Road, so that property owners can easily travel anywhere in the Emirate in just 15 minutes by car. Including such facilities as Dubai International Airport, Business Bay and Dubai Festival City. It is worth saying that at the moment the whole area is still being settled, which means that the final version of infrastructure development is still ahead. Nevertheless, the fact that everything will be done at the highest level is evidenced by the presence of 4 metro stations nearby, a well-equipped road and a network of bus stops. Also in this area there are three bridges to commute with Creek Island, and a water taxi to Downtown Dubai.
The arrangement of the Creek Marina space, which is a 20-minute walk from the complex, allows everyone to find something to their liking. There are shops, observation decks, a yacht club, a large marina with 81 berths, and many other useful locations. The Vida Creek Harbour Hotel offers interesting entertainment. The Geant Express hypermarket will help you buy up-to-date products and household goods.
To get to a medical or educational institution, you will need to spend about 15 minutes by car. The list of nearby locations includes the following:
You can also visit the modern Ras Al Khor Wildlife Sanctuary, where fish, mammals and various insects are bred. This location is extremely popular among lovers of wildlife protection, being a unique place for recreation and wellness.
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