Creek Vistas Reserve — project image
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Creek Vistas Reserve

From AED 1.23M·Completed Dec 2021·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.23M
Starting Price
Dec 2021
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · Apartments
Type

Project Overview

Creek Vistas Reserve is a luxury residential development by renowned developer Sobha Realty, located in the Sobha Hartland 1 neighborhood. The project consists of two towers that comprise a ground floor, a three-level podium, and thirty-three residential floors. Creek Vistas Reserve impresses with its exquisite architectural forms and thoughtful landscaping. Beautifully landscaped gardens, wide walking areas, spacious terraces, and luxurious swimming pools create a cozy and comfortable atmosphere for residents. The complex offers a variety of residence layouts, including spacious studios and cozy apartments with one, two, and three bedrooms with panoramic windows and high ceilings. All units feature state-of-the-art technology and offer magnificent views of the surrounding landscape and bay. Residents of Creek Vistas Reserve can enjoy luxurious amenities, including a fitness center, spa, restaurants, cafes, playgrounds, recreation areas, and more. In addition, the complex is equipped with its own security system and 24-hour concierge service. Due to the attractive location of the complex, residents can reach Dubai Opera, Ras Al Khor Wildlife Sanctuary, Dubai Mall, and Burj Khalifa in just 10-15 minutes, while Emirates Golf Club, Dubai Marina, and Palm Jumeirah will take about 20 minutes to reach.

Project Specifications
DeveloperSobha Realty
LocationSobha Hartland
Unit Types1 BR, Apartments
AreaSobha Hartland
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 52,859 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,434
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 563,500 / 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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Astraterra Properties

Official Documents

Download official marketing materials from Sobha Realty.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

BBQ
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Meditation zone
Retail outlets
SPA
Shared Pool
Shared gym & fitness
Walking paths
Yoga studio

Location

Creek Vistas Reserve location map
Project location

Nearby Destinations

Sobha Hartland

Developer and Project Facts

01

Creek Vistas Reserve by Sobha Realty

02

Located in Sobha Hartland

03

Starting from AED 1,225,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2021

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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