The Grand in Dubai Creek Harbour - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in The Grand

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	74	27,838	2,066,667
2	119	24,895	2,957,143

Rents in The Grand

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	75	1,533	115,000
2	120	1,582	189,000
3	234	1,752	410,000

The cap rate (rental yield) of investments into The Grand project is 5.2% on average.

The price of an apartment in The Grand is 25,517 AED/sqm on average.

The long term rent of an apartment in The Grand is 1,619 AED/sqm/year on average.

Price for completed 1 bedroom apartment in The Grand is 2,066,667 AED or 27,838 AED/sqm.
Price for completed 2 bedroom apartment in The Grand is 2,957,143 AED or 24,895 AED/sqm.

Rent for 1 bedroom apartment in The Grand is 115,000 AED or 1,533 AED/sqm.
Rent for 2 bedroom apartment in The Grand is 189,000 AED or 1,582 AED/sqm.
Rent for 3 bedroom apartment in The Grand is 410,000 AED or 1,752 AED/sqm.

About The Grand

'The Grand' in 'Dubai Creek Harbour' area project description

The Grand is a luxurious residential and commercial development located in the heart of Dubai, United Arab Emirates. The project is set to be the largest single-phase development in the city, with a total area of over 2.2 million square feet. The Grand will feature two residential towers, two office towers, a hotel, a retail mall, and a variety of other amenities.

The residential towers will offer a range of apartments, ranging from studio apartments to four-bedroom penthouses. Each apartment will be designed to the highest standards, with modern interiors, high-end appliances, and spacious balconies. The office towers will provide a range of office spaces, from small offices to large corporate headquarters. The hotel will offer a range of accommodation options, from luxury suites to budget rooms. The retail mall will feature a variety of shops, restaurants, and entertainment venues.

The Grand will also feature a range of amenities, such as a swimming pool, a gym, a spa, a business center, and a variety of other recreational facilities. The development will also feature a range of green spaces, including landscaped gardens, parks, and walkways. The project will also feature a range of public art installations, as well as a range of public events and activities.

The Grand is set to be a landmark development in Dubai, offering a luxurious lifestyle to its residents and visitors. The project is expected to be completed by 2021, and will be a major addition to the city’s skyline. The Grand is set to become a major destination for tourists and locals alike, offering a unique and luxurious experience.

Q&A on The Grand

What are the advantages of 'The Grand' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The Grand project is located in the heart of Dubai, offering easy access to the city’s major attractions, including the world’s tallest building, Burj Khalifa, and the Dubai Mall.

2. Luxury Amenities: The Grand offers a range of luxurious amenities, including a private beach, swimming pools, and a state-of-the-art gym.

3. Affordable Prices: The Grand offers competitive prices for its luxury apartments, making it an attractive option for real estate buyers.

4. High-Quality Construction: The Grand is built with high-quality materials and construction techniques, ensuring that buyers get a quality product.

5. Flexible Payment Plans: The Grand offers flexible payment plans, allowing buyers to spread out their payments over a longer period of time.

What projects are better than 'The Grand' project in Dubai which are located close by, and why?

1. Dubai Creek Residences:
- *Location*: Centrally positioned in the Dubai Creek Harbour area.
- *Features*: Offers stunning views of the waterfront and the iconic Dubai skyline. The residences are designed with spacious layouts and high-end finishes, catering to luxury living.
- *Amenities*: World-class amenities including swimming pools, gymnasiums, children's play areas, and recreational spaces. Proximity to retail outlets, cafes, and restaurants enhances the lifestyle quotient.

2. Harbour Gate:
- *Location*: Located on the island district, offering direct views of the central park and the creek tower.
- *Features*: Contemporary architecture with large windows to maximize natural light and offer stunning views. The interiors are crafted with premium materials and modern designs.
- *Amenities*: Features include an infinity pool, private courtyards, children's play areas, and a well-equipped fitness center. The development is integrated with retail, dining, and entertainment options nearby.

3. Creek Horizon:
- *Location*: Strategically placed to offer panoramic views of the creek and the surrounding parks.
- *Features*: The twin-tower development has spacious apartments with high ceilings and floor-to-ceiling windows. The intelligent design incorporates functional space without compromising on luxury.
- *Amenities*: Includes a central podium with a variety of leisure amenities such as swimming pools, BBQ areas, workout rooms, and multi-purpose rooms. Its vicinity to the Creek Marina adds to the appeal.

4. Creek Edge:
- *Location*: Positioned near the waterfront, providing serene views and a peaceful environment.
- *Features*: Designed with minimalist elegance, combining comfort with style. Units feature modern finishes, and many have private balconies to enjoy the views.
- *Amenities*: Residents have access to a private courtyard, a fully-equipped gym, an outdoor play area, leisure decks, and a yoga room. Retail and dining are conveniently located in the development.

5. Creek Rise:
- *Location*: Situated in the northern part of Creek Island with views of the parkland and the Creek Marina.
- *Features*: Offers a range of premium apartments with contemporary designs and high-quality finishes. Its prime location ensures ample natural light and ventilation.
- *Amenities*: Comprehensive amenities include a landscaped leisure deck, swimming pool, kids' pool, play area, multipurpose room, and a fully-equipped gym. The nearby marina adds a recreational advantage.

Each of these projects brings unique advantages in terms of design, location, and amenities, making them strong alternatives to The Grand in Dubai Creek Harbour.