Creek Palace Residences
✓ Resale Available

Creek Palace Residences

From AED 4.03M·Completed Apr 2025·20% down payment Payment
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AED 4.03M
Starting Price
Apr 2025
Handover
20% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Creek Palace Residences is a residential project by Emaar Properties, located in the prestigious Dubai Creek Harbour area. The project includes three basement levels, a ground floor, 33 residential floors and a roof. The building is designed in a modern architectural style with elegant details that blend perfectly with the surrounding landscape. The complex offers one-, two-, and three-bedroom apartments, as well as exclusive three-bedroom villas. The interiors of the residences feature sophisticated design and high-quality materials, creating an atmosphere of luxury and comfort. The complex provides amenities such as a modern gym, a swimming pool, a children's play area, and a yoga deck. Creek Marina, with restaurants and shops, is just a 10-minute walk away, and Island Park, offering picturesque spaces for family relaxation, is just 5 minutes away. Creek Palace Residences is ideally located for quick access to key Dubai landmarks. Burj Khalifa and Downtown Dubai can be reached by car in 15 minutes, making the complex an ideal choice for those who value convenience and style.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types2 BR, Apartments
AreaDubai Creek Harbour
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 174,105 / year
Cash-on-Cash
1.8%
Levered cashflow AED 40,954
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 262,268 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Creek Palace Residences launch basis4,483AED 4.03MCurrent launch / asking basis
Dubai Creek Harbour ready-stock comps1,800AED 1.62MIndicative resale benchmark
Dubai Creek Harbour premium peer launches2,200AED 1.98MNew-launch peer set
Trophy alternative proxy2,700AED 2.43MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Creek Palace Residences — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Concierge Service
Kids Play Area
Parking
Security and CCTV
Shared Pool
Shared gym & fitness
Yoga studio

Location

Dubai Creek Harbour

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Creek HarbourDubai Creek HarbourDubai, UAE

Developer Track Record

01

Creek Palace Residences by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 4,034,888

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Apr 2025

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Official brochure and PDF marketing materials available

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Official render/gallery images available

Available for Resale

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

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

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