Mangrove
Off-Plan

Mangrove

From AED 4.11M·Handover Jun 2026·20% down payment Payment
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AED 4.11M
Starting Price
Jun 2026
Handover
20% down payment
Payment Plan
3 BR · Apartments
Type

Project Overview

Mangrove is a collection of 1–3 bedroom apartments by Emaar Properties, located next to a scenic park in the Dubai Creek Harbour district. The complex consists of two buildings, both with a ground floor and a mezzanine. One building includes 7 residential floors, while the other has 8. These buildings occupy a prestigious location surrounded by world-class amenities, with excellent transportation links offering convenient access to key attractions in Dubai and other cities. The Mangrove buildings boast a unique exterior design and high construction quality. Modern architecture is combined with elegant, spacious interiors featuring exceptional finishes, attracting those who appreciate a cosmopolitan waterfront lifestyle. Bright living rooms, bedrooms, and balconies offer stunning views of the creek and a 700-meter beach, just a few minutes’ walk away, creating a comfortable and cozy atmosphere. For the residents of Mangrove, various amenities are provided, including two city squares, a private pool, a center with shops and restaurants, a fitness center on a private patio, an outdoor play area, a communal room, and a barbecue area. The spacious lawn allows for active relaxation and a healthy lifestyle. The location of the complex is ideal for access to Dubai's main attractions: only 10 minutes to Burj Khalifa and Downtown Dubai, and 15 minutes to Dubai International Airport.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types3 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 177,342 / year
Cash-on-Cash
2.2%
Levered cashflow AED 41,715
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 267,143 / 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
Mangrove launch basis4,567AED 4.11MCurrent 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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Mangrove official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

20% down payment

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Floor Plans

Mangrove — 1 Bedroom Floor Plan

Amenities & Lifestyle

Coworking zone
Kids Play Area
Landscaped park
Leisure areas
Private 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

Mangrove by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 4,109,888

04

Unit mix includes 3 BR, Apartments

05

Expected handover: Jun 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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