Creek Rise
✓ Resale Available

Creek Rise

From AED 1.70M·Completed Apr 2020·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.70M
Starting Price
Apr 2020
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · Apartments
Type

Project Overview

Creek Rise is two beautifully designed residential towers of 36 and 46 storeys, presented by developer Emaar. The development offers a wide range of one to three bedroom apartments in a sophisticated style, featuring spacious modern living spaces with stunning views of the modern metropolis. They offer mesmerizing views of Dubai Creek Harbour and the parklands below. The elegant residences are furnished with carefully selected furniture and finishes. Creek Rise features a cafe, gymnasium, park, restaurants, adult and children's pools, playground, and barbecue areas. There is also a covered parking lot for residents' cars and a separate one for guests, 24-hour security. The complex provides concierge services and is happy to accommodate pets. Located at the north end of Creek Island, the complex has direct access to the island's circular boulevard. The project is just a short walk from Creek Marina, a 5-star luxury marina, and with its transport interchange at Ras Al Khor Road and easy access to Dubai's major roads, Downtown Dubai and Dubai International Airport are only 10-15 minutes away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types1 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 73,355 / year
Cash-on-Cash
1.8%
Levered cashflow AED 17,255
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 110,500 / 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 Rise launch basis1,889AED 1.70MCurrent 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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Creek Rise official render 1

Creek Rise official render 1

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Creek Rise official render 2

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Creek Rise official render 9

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Creek Rise official render 10

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,...

Flexible Payment

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Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Private beach access
Private pool
Retail outlets
Shared Pool
Shared gym & fitness

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 Rise by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 1,700,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Apr 2020

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

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