DXB Creek Residences — project image
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DXB Creek Residences

From AED 2.69M·Completed Jan 2019·20% down payment Payment
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AED 2.69M
Starting Price
Jan 2019
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Dubai Creek Residences is a luxury residential development developed by the largest developer Emaar Properties. Located in the historic Dubai Creek Harbour neighborhood, the development offers upscale living next to the Creek Reservoir and amazing views of the city and water. Dubai Creek Residences comprises 6 towers up to 40 stories high with sleek and modern 1-3 bedroom apartments. Each apartment is designed in a minimalistic and stylish design, offering the highest level of comfort and amenities to residents. Residents of Dubai Creek Residences can enjoy the view of gleaming white yachts in the harbor, stroll along the waterfront, explore the Island Park trails or simply relax in the pool or fitness center. In addition, state-of-the-art security and management concepts are implemented within the development, providing residents with a safe and cozy living experience. Dubai Creek Residences is located in the city center, which provides convenient access to the key business and cultural points of the metropolis. Travel to these locations is easy due to the proximity to Ras Al Khor Road and Nad Al Hamar Road. Ras Al Khor Wildlife Sanctuary, Jameel Arts Center, Creek Island Central Park and Culture Village Park will take approximately 15 minutes to reach, while Downtown Dubai, Business Bay and Palm Jumeirah are no more than 25 minutes away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaDubai Creek Harbour
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 116,069 / year
Cash-on-Cash
2.2%
Levered cashflow AED 27,302
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.24M / 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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Covered Parking
Dining outlets (coffee houses & restaurants)
Infinity pool
Landscaped park
Leisure areas
Lobby
Retail outlets
Security and CCTV
Shared gym & fitness

Location

Dubai Creek Harbour

Nearby Destinations

Dubai Creek Harbour

Developer and Project Facts

01

DXB Creek Residences by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 2,689,888

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Jan 2019

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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