Creekside 18
✓ Resale Available

Creekside 18

From AED 1.80M·Completed May 2020·20% down payment Payment
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AED 1.80M
Starting Price
May 2020
Handover
20% down payment
Payment Plan
1 BR · 3 BR
Type

Project Overview

Creekside 18 is a project by developer Emaar Properties in Creek Harbour, consisting of two 37-storey towers connected by a graceful podium. The complex offers apartments with 2-4 bedrooms. In all residences, contemporary style is perfectly blended with traditional Middle Eastern aesthetics. Apartments have spacious balconies offering breathtaking views of Dubai Creek Tower and Downtown Dubai. The complex offers residents numerous amenities that are ideal for a prestigious and comfortable life: green landscaped park with walking, jogging and biking paths, children's and adult swimming pools with sun loungers, landscaped recreation areas with places for barbecues, playgrounds and sports fields. Nearby are various cafes and restaurants, a shopping center and a picturesque promenade for strolling. Creekside 18 is located in the heart of Creek Island, a couple of steps from Dubai Square shopping mall. Downtown Dubai, Dubai International Airport and Ras Al Khor Nature Reserve are 10 minutes away, while JBR Beach and Dubai Marina are a 25-minute drive away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types1 BR, 3 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 77,670 / year
Cash-on-Cash
1.8%
Levered cashflow AED 18,270
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 117,000 / 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
Creekside 18 launch basis2,000AED 1.80MCurrent 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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Creekside 18 official render 1

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Creekside 18 official render 10

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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Amenities & Lifestyle

Accessibility for people with disabilities
Central A/C
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Pets Allowed
Retail outlets
SPA
Security and CCTV
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

Creekside 18 by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 1,800,000

04

Unit mix includes 1 BR, 3 BR, Apartments

05

Expected handover: May 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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