Creek Waters
Off-Plan

Creek Waters

From AED 1.88M·Handover Sep 2027·80% down payment Payment
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AED 1.88M
Starting Price
Sep 2027
Handover
80% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Creek Waters is a project by Emaar Properties, located in the prestigious Creek Harbour area. The building features two basement levels, a ground floor, a podium level, 50 residential floors, and a roof. The complex offers one- to four-bedroom apartments, a five-bedroom penthouse, and a collection of three-bedroom townhouses. The architecture of the facade follows the latest trends, combining symmetrical lines with mirrored balcony panels, creating harmony and a luxurious atmosphere. The interiors are designed in a modern style using white and sand tones. All residences feature panoramic windows and spacious balconies with stunning views of the bay. The complex offers numerous amenities for residents: an infinity pool with panoramic views of Dubai, a gym, a children's pool, and a play area. The podium is surrounded by a large landscaped park with walking and cycling paths, a sculpture park, an amphitheater, and BBQ areas. A picturesque promenade and beach are also available. Creek Waters is located near educational and medical institutions, shopping malls, restaurants, and cafes. The well-developed infrastructure and convenient transport links provide quick access to key Dubai landmarks: Dubai International Airport is 15 minutes away, and Emirates Mall and Palm Jumeirah are a 25-minute drive.

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: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 81,333 / year
Cash-on-Cash
2.2%
Levered cashflow AED 19,132
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 122,518 / 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 Waters launch basis2,094AED 1.88MCurrent 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 Waters official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

80% down payment

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Amenities & Lifestyle

BBQ
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
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 Waters by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 1,884,888

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Sep 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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