Creek Views 1
✓ Resale Available

Creek Views 1

From AED 1.28M·Completed Jan 2001·20% down payment Payment
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AED 1.28M
Starting Price
Jan 2001
Handover
20% down payment
Payment Plan
Retail · Commerce
Type

Project Overview

Creek Views 1 is a residential development by Azizi Developments, located in the prestigious Dubai Healthcare City. The building, comprising a basement level, a ground floor, two podium levels, and seventeen residential floors, represents a seamless transition from traditional architectural forms to modern, functional design. Its elegant exterior highlights a contemporary aesthetic while harmoniously complementing the surrounding urban landscape. The project features 587 residential units, including studios as well as one- and two-bedroom apartments. The interiors are finished to an ultra-modern standard, with a refined artistic approach that creates a perfect balance between style and functionality. Residents can enjoy a wide range of amenities, including an outdoor swimming pool with relaxation areas, a fully equipped gym, sauna and steam rooms, a children’s playground, and a variety of retail outlets, cafés, and restaurants. Creek Views 1 also offers excellent connectivity to key destinations across the city, with Dubai Creek and Al Khail Road just 1 minute away; Dubai Healthcare City Metro Station, Wafi Mall, Sheikh Zayed Road, and Festival City with IKEA within 5 minutes; Al Jaddaf Waterfront in 8 minutes; Dubai International Airport and Palazzo Versace Hotel within up to 10 minutes; Downtown Dubai, Dubai Mall, Business Bay, and DIFC around 10 minutes away; and Bluewaters Island reachable in approximately 23 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAl Jaddaf
Unit TypesRetail, Commerce
AreaAl Jaddaf
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 55,232 / year
Cash-on-Cash
1.8%
Levered cashflow AED 12,992
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 83,200 / 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 Views 1 launch basis1,422AED 1.28MCurrent launch / asking basis
Al Jaddaf ready-stock comps1,250AED 1.13MIndicative resale benchmark
Al Jaddaf premium peer launches1,500AED 1.35MNew-launch peer set
Trophy alternative proxy1,750AED 1.57MHigher-end anchor for negotiation context

Gallery

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Creek Views 1 official render 1

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Creek Views 1 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Azizi Developments.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Creek Views 1 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Lift
Lobby
Pool Deck
Recreational areas
Retail outlets
Sauna
Shared Pool
Shared gym & fitness
Social zone
Steam
Yoga Area
Zen Garden

Location

Al Jaddaf

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al JaddafAl JaddafDubai, UAE

Developer Track Record

01

Creek Views 1 by Azizi Developments

02

Located in Al Jaddaf

03

Starting from AED 1,280,000

04

Unit mix includes Retail, Commerce

05

Expected handover: Jan 2001

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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