The Grand — project image
✓ Resale Available

The Grand

From AED 7.70M·Completed Jan 2022·Accepted payment methods: credit_debit_card, bank_check,... Payment
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AED 7.70M
Starting Price
Jan 2022
Handover
Accepted payment methods: credit_debit_card, bank_check,...
Payment Plan
3 BR · Townhouse
Type

Project Overview

The Grand is a luxury residential complex from the developer Emaar in Dubai Creek Harbour. The building includes a 4-level podium, a ground floor and 62 residential levels. The exterior of the building embodies modern elegance. The glass and steel facade reflects the sparkling waters of the Persian Gulf, creating an impressive visual effect. Dynamic lines and architectural accents emphasize the premium status of the project. At the base of the tower is a podium with a variety of public spaces. The complex offers apartments with 1-3 bedrooms, each with a carefully thought-out layout, as well as 4-bedroom penthouses and podium townhouses. The interiors are decorated in a modern style with high-quality finishes. The main amenities of The Grand include an infinity pool with views of Dubai Creek and the city skyline, a modern gym, a tennis court, a multi-purpose sports field for various sports, a barbecue area, children's play areas, a spacious lobby with concierge and lounge areas. Residents are provided with a parking space in the covered parking area. The location of The Grand is one of the main advantages. The Burj Khalifa and Dubai mall are located in the immediate vicinity. Emaar Square and Sheikh Mohammed Bin Rashid Boulevard, with a wide range of restaurants, shops and entertainment options. Dubai Marina is a 25-minute drive away, and Dubai International Airport is about a 20-minute drive away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Creek Harbour
Unit Types3 BR, Townhouse
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 332,255 / year
Cash-on-Cash
2.2%
Levered cashflow AED 78,155
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 3.54M / 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

Accepted payment methods: credit_debit_card, bank_check,...

Published payment summary

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Amenities & Lifestyle

Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Lift
Lobby
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Sports ground
Tennis court

Location

Dubai Creek Harbour

Nearby Destinations

Dubai Creek Harbour

Developer and Project Facts

01

The Grand by Emaar Properties

02

Located in Dubai Creek Harbour

03

Starting from AED 7,700,000

04

Unit mix includes 3 BR, Townhouse

05

Expected handover: Jan 2022

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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