Dubai Creek Residences

Dubai Creek Residences is a complex of six residential buildings in the prestigious Dubai Creek Harbour neighborhood, which is a separate part of the larger community, The Lagoons. The developers were Emaar Properties and Dubai Holding. Construction was completed in 2019.

The complex includes North Tower 1,2,3 and South Tower 1,2,3.

Each building offers apartments with 1, 2 and 3 bedrooms. They offer views of Dubai Creek and the attractions in the area.

For the comfort of Dubai Creek Residences residents there is 24-hour security, covered parking, swimming pools and equipped fitness rooms, conference rooms, recreation areas for the whole family, cafes and supermarkets, and on-site spas.

A special feature of Dubai Creek Residences is a private landscaped area with areas for strolling.

The exclusive hotel Vida Creek Harbour is located in the center of the complex.

The architecture and design of the buildings combine a modern laconic style and the latest global trends.

Apartments start at 82 sq. m (880.6 sq. ft). One-bedroom apartments start from AED 2,073,000 (USD 564,000). The price for three-bedroom apartments will start from AED 5,711,000 (USD 1,555,000) for 179 sq. m (1930 sq. ft).

According to the latest data for the apartments, the return on investment is 4.35%.

The annual rent for one-bedroom residences is AED 70,000 (USD 19,100). Net income is AED 59,700 (USD 16,250) per year.

This amount is calculated including management fees – AED 5,000 (USD 1,360) and mandatory VAT – AED 3,260 (USD 890).

Demand for housing in Dubai Creek Residences will grow due to the developing infrastructure of the area and the favorable location in Dubai Creek.