Palace Residences - Dubai Creek Harbour in Dubai Creek Harbour - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in Palace Residences - Dubai Creek Harbour
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
66
28,736
1,900,000
2
110
32,644
3,600,000
Sales prices for completed properties in Palace Residences - Dubai Creek Harbour
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
2
102
20,635
2,100,000
3
167
30,510
5,100,000
Rents in Palace Residences - Dubai Creek Harbour
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
65
1,981
128,750
2
102
1,777
181,250
The cap rate (rental yield) of investments into Palace Residences - Dubai Creek Harbour project is 6.5% on average.
The price of an apartment in Palace Residences - Dubai Creek Harbour is 28,976 AED/sqm on average.
The long term rent of an apartment in Palace Residences - Dubai Creek Harbour is 1,856 AED/sqm/year on average.
Price for off-plan 1 bedroom apartment in Palace Residences - Dubai Creek Harbour is 1,900,000 AED or 28,736 AED/sqm. Price for off-plan 2 bedroom apartment in Palace Residences - Dubai Creek Harbour is 3,600,000 AED or 32,644 AED/sqm.
Price for completed 2 bedroom apartment in Palace Residences - Dubai Creek Harbour is 2,100,000 AED or 20,635 AED/sqm. Price for completed 3 bedroom apartment in Palace Residences - Dubai Creek Harbour is 5,100,000 AED or 30,510 AED/sqm.
Rent for 1 bedroom apartment in Palace Residences - Dubai Creek Harbour is 128,750 AED or 1,981 AED/sqm. Rent for 2 bedroom apartment in Palace Residences - Dubai Creek Harbour is 181,250 AED or 1,777 AED/sqm.
About Palace Residences - Dubai Creek Harbour
'Palace Residences - Dubai Creek Harbour' in 'Dubai Creek Harbour' area project description
Palace Residences - Dubai Creek Harbour is a premier residential development situated within the sprawling, visionary community of Dubai Creek Harbour. This iconic project, developed by Emaar Properties in collaboration with Address Hotels + Resorts, offers a lifestyle that seamlessly blends luxury, comfort, and convenience. The development is part of a larger effort to create a world-class waterfront destination that combines exceptional living spaces with unparalleled amenities and views.
Palace Residences boasts a prime location alongside the historic Dubai Creek, offering residents stunning views of the Dubai skyline, Creek Beach, and the iconic Dubai Creek Tower. The development comprises two contemporary 44-story towers, which house a selection of 1, 2, 3, and 4-bedroom apartments meticulously designed to offer both aesthetic appeal and practical functionality. Each residence features floor-to-ceiling windows, open-plan living spaces, high-quality finishes, and cutting-edge home automation systems.
One of the standout features of Palace Residences is its direct connectivity to the Palace Hotel, a five-star establishment that provides exclusive services to the residents. This includes 24/7 concierge services, in-room dining, and housekeeping, creating a hotel-like living experience every day. Additionally, residents have access to the hotel's multiple fine dining options, luxurious spa, and wellness center, ensuring a life of convenience and indulgence.
The amenities at Palace Residences cater to a wide range of interests and preferences. The complex features a state-of-the-art fitness center, a temperature-controlled infinity swimming pool, a children’s play area, and a dedicated BBQ area for social gatherings. The landscaped promenade, adjacent to the development, offers a scenic jogging and cycling track, seamless connectivity to a vibrant marina, and waterfront restaurants and cafes creating an active and engaging lifestyle for its residents.
Strategically located, Palace Residences offers easy access to key areas of Dubai. It is a mere 10-minute drive from Downtown Dubai and Dubai International Airport, making it ideal for both business and leisure. The development is also well-connected via an efficient public transportation network, including the upcoming Dubai Creek Harbour metro station.
Residents of Palace Residences will find themselves at the heart of one of Dubai’s most dynamic and sustainable communities. Dubai Creek Harbour aims to set new global benchmarks for integrated city living, combining smart city technology, eco-friendly practices, and a focus on the well-being of its inhabitants. With its fine attention to detail, luxury services, and prime location, Palace Residences is not just a place to live, but a lifestyle to be experienced.
Q&A on Palace Residences - Dubai Creek Harbour
What projects are better than 'Palace Residences - Dubai Creek Harbour' project in Dubai which are located close by, and why?
1. The Cove at Dubai Creek Harbour: - Proximity to Waterfront: Direct views of the Creek, enhancing the waterfront living experience. - Amenities: Offers luxury amenities such as an infinity pool, private lounge, and state-of-the-art gym, providing a high standard of living. - Architectural Design: Modern, sleek design that incorporates natural elements and maximizes the use of space for an elegant living experience.
2. Harbour Views Residences: - Views: Panoramic sights of the Dubai skyline and the Creek, giving residents stunning visual experiences. - Community Features: Located in the heart of the Island District, it benefits from a vibrant community atmosphere with access to parks, recreational activities, and a full range of dining and entertainment venues. - Living Spaces: Larger floor plans with a variety of layout options, catering to different family needs and preferences.
3. Creekside 18: - Location: Situated in a prime spot in the heart of Dubai Creek Harbour, offering easy access to major road networks and key city areas. - Luxury Finishes: High-quality finishing and attention to detail in apartment interiors, promoting a sophisticated lifestyle. - Resident Facilities: Amenities such as kids’ play areas, dedicated BBQ spots, and retail spaces directly within the complex.
4. Address Harbour Point: - Hotel Services: Managed by Address Hotels + Resorts providing hotel-style services and luxurious living. - Accessibility: Directly connected to the waterfront and close to a range of gourmet restaurants, boutique shops, and leisure attractions. - Resort-style Living: Features such as infinity pools, specialized wellness centers, and meticulously landscaped gardens, delivering a resort-like atmosphere for everyday living.
5. Creek Horizon: - Open Spaces: Offers a plethora of open areas, landscaped parks, and communal areas for leisure and recreation. - Connectivity: Strategically located within the Creek Harbour, ensuring seamless connectivity to the rest of Dubai. - Lifestyle Facilities: State-of-the-art fitness centers, multi-purpose rooms, and outdoor amenities cater to a holistic, well-rounded lifestyle.
Each project offers unique features and amenities, potentially making them superior choices depending on individual preferences and lifestyle needs.
What are the closest schools to 'Palace Residences - Dubai Creek Harbour' project in Dubai?
Swiss International Scientific School Universal American School Deira International School The City School International GEMS Modern Academy Delhi Private School Repton School Dubai