Penthouses for Sale in Dubai Creek Harbour

Dubai is a city with a developed real estate market. An indicator of the dynamism is the constant construction. Developers build residential complexes, hotels, business centers and restaurants every year. In order to attract investment in real estate, the emirate’s government exempts owners from taxes. The payback rate of apartments and penthouses is consistently high. Square meters in Dubai provide a reliable income. Return on investment averages 5% per annum. The city is attractive for tourists. Even with a large number of hotels, there is always a demand for rentals.

Dubai Creek Harbour is a prestigious area of Dubai. Here they are building a tower that will set a new world record for height. The uniqueness of the area is that its infrastructure and location are suitable for business, beach holidays, and a comfortable life in your own residence. Dubai Creek Harbour is close to the sea and the business epicenter of the city. The area began to be developed in 2018, so there are many opportunities to buy different types of real estate. Equal distances from the international airport and from Dubai’s attractions make it a particularly attractive place for tourists.

The new area is being developed in phases. There are several communities located here, connected with each other, but with autonomous infrastructure. The main part of the construction are residential complexes on the first coast line, surrounded by social, entertainment and commercial facilities. Special attention is paid to the landscape design. The project guarantees comfortable living surrounded by a lot of greenery, with the sea in a background. Dubai Creek Harbour has managed to harmoniously combine skyscrapers and nature.

Penthouses in Dubai Creek Harbour are of interest to investors. The options with this type of real estate in this rapidly developing area are still extensive. It is possible to choose properties with your desired size from 270 to 370 square meters. The starting price for popularly mid-sized penthouses with 4 bedrooms is  AED 16,212 (USD 4,414) per square meter. Properties can easily be rented out or resold in the future. In either case, the guarantee of profitability is provided by the growth of real estate prices in this young promising area.

The cost of penthouses depends not only on the square footage. Location, readiness for occupancy, interior design and appliances affect the price. In the Dubai Creek Harbour area, penthouses are open for sale in Harbour Views and Creekside. The objects are twin towers on the embankment of Dubai Creek canal. The residential complexes are located within a 10-minute drive from the center.