Address Harbour Point — project image
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Address Harbour Point

From AED 4.05M·Completed Jan 2023·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 4.05M
Starting Price
Jan 2023
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · 3 BR
Type

Project Overview

Address Harbour Point is a premium residential development located near the waterfront in Dubai Creek Harbour area of Dubai. The developer is Emaar Properties. The project includes several buildings - Address Harbour Point Tower 1 and Address Harbour Point Tower 2. The two towers are 53 and 65 stories high and serve as the gateway to Dubai Creek Harbour. The properties are connected by a glass pedestrian bridge. The project includes 202 luxury apartments with 1-4 bedrooms, and the most demanding residents will be able to choose for themselves an exclusive collection of penthouses located on the upper floors of the building. The apartments are fully finished with high quality materials, built-in closets and installed plumbing. The developer has provided a fully thought-out infrastructure on the managed territory: cafes, restaurants, stores, recreation areas. Residents can also enjoy numerous amenities: swimming pools for adults and children, gym, spa center, recreation areas, children's playgrounds, private parking, high-speed elevators, 24-hour front desk and concierge services, the ability to call for service and cleaning, 24-hour security. Address Harbour Point is a 20-minute drive from Dubai Mall, 30 minutes from Palm Jumeirah and the famous Burj Al Arab skyscraper. Al Maktoum International Airport is a 50-minute drive from the hotel, while Dubai DXB International Airport is a 20-minute drive away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types2 BR, 3 BR, Apartments
AreaDubai Creek Harbour
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 174,757 / year
Cash-on-Cash
2.2%
Levered cashflow AED 41,107
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.86M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Children’s pool
Concierge Service
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Lift
Lobby
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Dubai Creek Harbour

Nearby Destinations

Dubai Creek Harbour

Developer and Project Facts

01

Address Harbour Point by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 4,050,000

04

Unit mix includes 2 BR, 3 BR, Apartments

05

Expected handover: Jan 2023

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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