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Creek Beach - Grove in Dubai Creek Harbour - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Creek Beach - Grove

RoomsSize, sqmSale price, AED/sqmSale price, AED
17423,4791,740,000
210223,8142,430,000

Rents in Creek Beach - Grove

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1711,675118,333
21051,464154,000
31751,543270,000

The cap rate (rental yield) of investments into Creek Beach - Grove project is 6.5% on average.

The price of an apartment in Creek Beach - Grove is 23,673 AED/sqm on average.

The long term rent of an apartment in Creek Beach - Grove is 1,528 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Creek Beach - Grove is 1,740,000 AED or 23,479 AED/sqm.
Price for completed 2 bedroom apartment in Creek Beach - Grove is 2,430,000 AED or 23,814 AED/sqm.

Rent for 1 bedroom apartment in Creek Beach - Grove is 118,333 AED or 1,675 AED/sqm.
Rent for 2 bedroom apartment in Creek Beach - Grove is 154,000 AED or 1,464 AED/sqm.
Rent for 3 bedroom apartment in Creek Beach - Grove is 270,000 AED or 1,543 AED/sqm.

About Creek Beach - Grove

'Creek Beach - Grove' in 'Dubai Creek Harbour' area project description

Located within the visionary Dubai Creek Harbour area, Creek Beach – Grove is a stunning testament to modern urban living, strategically nestled between the natural beauty of the waterfront and the vibrant cityscape of Dubai. This masterfully designed project combines the charm of a beachfront lifestyle with the convenience of impeccable urban amenities, creating an unparalleled living experience.

Creek Beach - Grove comprises a series of elegantly designed mid-rise buildings, offering a range of sophisticated one, two, and three-bedroom apartments. These residences are thoughtfully crafted with contemporary architecture and cutting-edge interiors, providing a seamless blend of aesthetics and functionality. Each apartment boasts spacious layouts, floor-to-ceiling windows that allow ample natural light, and private balconies with picturesque views of the serene creek and the iconic Dubai skyline.

A hallmark feature of Creek Beach - Grove is its private beach access, where residents can indulge in a plethora of waterfront activities. The pristine, sandy beach is designed to offer a tranquil escape from the hustle and bustle, making it an exclusive retreat for relaxation and leisure. Complementing the beach are lush landscaped gardens and pedestrian-friendly pathways, promoting a sense of community and wellbeing.

Residents at Grove benefit from an array of world-class amenities tailored to enhance their lifestyle. The project features a state-of-the-art fitness center, complete with the latest equipment for a fulfilling workout experience. Additionally, there are multiple swimming pools, including a children's pool, providing refreshing options for all ages. For social and recreational needs, the development includes beautifully appointed lounges, barbecue areas, and multi-purpose rooms ideal for gatherings and special events.

Families will particularly appreciate the child-centric facilities, such as dedicated play areas and a daycare center, ensuring a safe and engaging environment for young ones. For those seeking a blend of work and leisure, Creek Beach - Grove offers co-working spaces that cater to the needs of remote professionals and entrepreneurs.

The surrounding locale of Dubai Creek Harbour also adds significant value to the Creek Beach - Grove project. It is situated within proximity to key landmarks like the Ras Al Khor Wildlife Sanctuary, renowned for its flamingo population, and the upcoming Dubai Square, set to be one of the world’s largest retail and lifestyle destinations. The project is well-connected to the rest of Dubai through an efficient network of roads and public transport options, ensuring that residents can easily access major business districts, retail hubs, and entertainment venues.

Creek Beach - Grove redefines luxury beachfront living within a dynamic urban setting. Its harmonious blend of natural beauty, sophisticated design, and thoughtful amenities make it a coveted address in Dubai’s ever-evolving real estate landscape.

Q&A on Creek Beach - Grove

What are the advantages of 'Creek Beach - Grove' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: Located in the Dubai Creek Harbour, Creek Beach - Grove offers proximity to the iconic Dubai Creek Tower and beautiful waterfront views, enhancing desirability and potential for appreciation.

2. Integrated Community: The project is part of a master-planned community featuring retail outlets, gourmet restaurants, and leisure amenities, providing a high-quality lifestyle for residents.

3. Beach Access: Exclusive access to a private beach creates a unique leisure experience, appealing to both residents and potential renters.

4. Modern Design: Contemporary architecture and high-end finishes cater to luxury-seeking buyers, ensuring appeal across various demographics.

5. Transportation Links: Good connectivity to major road networks and planned public transportation hubs enhance accessibility.

6. Investment Potential: Strong demand in the Creek Harbour area suggests good capital growth and rental yields.

7. Developer Reputation: Developed by Emaar, a trusted name in real estate, which can assure buyers of quality construction and timely delivery.

8. Amenities: Offers a variety of amenities such as swimming pools, fitness centers, and landscaped areas that enhance the community feel.

9. Cultural Hub: Proximity to the cultural district and various entertainment options add to the lifestyle benefits.

Disadvantages:

1. Price Point: Premium pricing might be a barrier for some buyers, limiting accessibility to high-net-worth individuals.

2. Construction Activity: Ongoing construction in Dubai Creek Harbour might cause temporary inconveniences such as noise and dust.

3. Market Competition: High competition from other luxury developments in Dubai could affect resale values and rental demand.

4. High Service Charges: Premium amenities come with higher service charges, which can impact long-term affordability for some buyers.

5. Speculative Risk: Investment based on future growth projections in the area could carry higher risks if the market does not perform as expected.

6. Traffic Congestion: With burgeoning developments, potential future congestion could affect ease of access and living experience.

7. Climate Considerations: The high temperatures and humidity of Dubai's climate might limit outdoor activities during summer months.

8. Economic Sensitivity: Property market in Dubai can be sensitive to economic fluctuations, which might impact property values adversely.

9. Financing Constraints: Stricter mortgage regulations for non-residents might pose challenges for international buyers looking to invest.

What projects are better than 'Creek Beach - Grove' project in Dubai which are located close by, and why?

1. Creek Palace by Emaar:
- Location: Prime spot next to Creek Marina.
- Luxury: Offers high-end finishes and interiors inspired by elegant palace living.
- Amenities: Access to 5-star hotel services, infinity pool, and exclusive waterfront dining options.

2. The Cove:
- Scenic Views: Panoramic vistas of Downtown Dubai skyline and the shimmering Creek waters.
- Design: Contemporary architecture with thoughtfully designed apartments.
- Amenities: Lush green parks, a marina, and a vibrant boulevard with retail and dining.

3. Harbour Gate:
- Proximity: Located directly on the Island District, offering quick access to a multitude of leisure and entertainment facilities.
- Community: Promises a family-friendly atmosphere with dedicated play areas, parks, and waterfront promenades.
- Investment: High potential for value appreciation due to the rapid development of the surrounding area.

4. Sunset at Creek Beach:
- Beach Access: Similar to Creek Beach - Grove, but strategically positioned to offer better waterfront access.
- Environment: A harmonious blend of modern living with a serene and relaxed beach ambiance.
- Facilities: World-class fitness centers, gourmet restaurants, and a pedestrian-friendly community.

5. Address Harbour Point:
- Luxury Brand: Managed by the prestigious Address Hotels + Resorts, ensuring top-notch service and quality.
- Views: Uninterrupted views of Burj Khalifa and the Dubai Creek Tower.
- Facilities: Offers residents exclusive hotel-like amenities including spas, fine dining, and personalized concierge services.

6. Palace Residences:
- Exclusive: Directly connected to a branded hotel, providing luxury hospitality services.
- Views: Stunning views of the Creek Tower and Downtown Dubai skyline.
- Lifestyle: Residents enjoy unique cultural offerings and entertainment hubs nearby.

7. 17 Icon Bay:
- Panoramic Views: Unmatched views of the Wildlife Sanctuary and the Creek Tower.
- Recreational: Outdoor fitness areas, swimming pools, and children's play zones enhance the living experience.
- Design: Modern design with a focus on maximum space utilization and natural light.

8. Bayshore:
- Beachfront Living: Similar to the concept of Creek Beach but with closer proximity to the Creek Marina.
- Community Feel: Designed as a social hub with al fresco dining options and pedestrian-friendly pathways.
- Leisure: State-of-the-art recreational facilities including health clubs and infinity pools.

Each of these projects offers unique advantages, whether it's through prime location, luxury amenities, scenic views, or community features, making them strong contenders and, in some aspects, better options than the Creek Beach - Grove project.

What are the closest schools to 'Creek Beach - Grove' project in Dubai?

Nearby schools to 'Creek Beach - Grove' in Dubai Creek Harbour are:

Swiss International Scientific School, Dubai (SISD)
Located in Healthcare City Phase 2, Al Jaddaf.
Approximately a 10-minute drive from Dubai Creek Harbour.

Deira International School
Located in Dubai Festival City.
Around a 15-minute drive from Dubai Creek Harbour.

Universal American School Dubai
Also situated in Dubai Festival City.
Roughly 15 minutes away by car.

GEMS Modern Academy
Located in Nad Al Sheba.
Approximately a 20-minute drive from Dubai Creek Harbour.

Cambridge International School
Located in Al Garhoud.
About a 20-minute drive from Dubai Creek Harbour.

What are the closest medical clinics to 'Creek Beach - Grove' project in Dubai?

1. Aster Clinic, Business Bay
- Location: Ubora Towers, Business Bay, Dubai.
- Distance: Approximately 15-20 minutes drive from Creek Beach - Grove.

2. Al Garhoud Private Hospital Clinic
- Location: Al Garhoud, Dubai.
- Distance: Around 15-20 minutes drive from Creek Beach - Grove.

3. Mediclinic City Hospital
- Location: Dubai Healthcare City, Near Oud Metha Road, Dubai.
- Distance: About 10-15 minutes drive from Creek Beach - Grove.

4. Emirates Specialty Hospital
- Location: Dubai Healthcare City, Phase 2, Al Jaddaf, Dubai.
- Distance: Roughly 10-15 minutes drive from Creek Beach - Grove.

5. Latifa Hospital
- Location: Oud Metha Road, Dubai.
- Distance: Approximately 15 minutes drive from Creek Beach - Grove.




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