Creek Palace Residential Complex in Dubai
Creek Palace, a residential complex that is currently under construction, is a new elite project by Emaar Properties. The 33-story housing estate will be constructed in Dubai Creek Harbour, close to the Dubai Canal and the Ras Al Khor Wildlife Sanctuary.
On entering the building, residents will be greeted by a spacious designer reception hall with a concierge counter and a lounge area.
The territory of the new housing development will house a large public space for recreation and sports. The following will also be available:
- An infinity pool, with loungers by the water;
- A swimming pool for children;
- Facilities for activities like yoga;
- A gym with large panoramic windows;
- Barbecue areas;
- Indoor and outdoor lounge areas;
- Children’s playgrounds.
From the new residential complex, you can quickly reach the promenade which offers fine dining restaurants, decks on the water (which are used for social events), children’s playgrounds with water activities, and fountains. Close to the new building, there is also a beach area and a yacht marina with a yacht club.
Real Estate in Creek Palace, Dubai, the UAE
There are 325 residential units at Creek Palace, including eight luxurious three-bedroom villas in the Waterfront Villas collection and high-end apartments with one to three bedrooms. These villas are located on the top floors of the building. Because of this, the windows of these residences offer stunning views of the Burj Khalifa skyscraper, the promenade, and the Persian Gulf skyline. You may access the villas in the residential complex straight from the promenade thanks to a separate elevator.
The apartments at Creek Palace have an area of 59 m² to 212 m², while villas range in size from 177 m² to 180 m².
Property for Sale in Creek Palace
As long as the new residential complex is in the development stage, you have the opportunity to profitably buy high-quality real estate at a reasonable price from the developer, Emaar Properties. Apartment and villa costs will increase as project development approaches its completion date.
Housing in Creek Palace is considered to be in the elite class of real estate. Here, a one-bedroom apartment’s starting price is AED 1,130,888 (USD 307,888). Buyers can benefit from the convenient payment plan that allows periodic payments in installments, making it easier to stay within a budget. In this case, 60% of the total amount is paid at the construction stage, and the final 40% is paid after the commissioning of the project.
Foreign citizens who purchase homes in Dubai may be eligible to apply for a 3-year investment-based residence visa in the UAE. The document can be obtained when buying real estate with a minimum value of AED 750,000 (USD 204,000) or more. Visa holders can also open a sponsorship visa for close relatives and relocate to Dubai with the whole family.