Property for sale in Dubai Creek Harbour, UAE: buy real estate, prices

Property for sale in Dubai Creek Harbour, UAE

Real estate in Dubai Creek Harbour is an opportunity for investing and protecting your money, which is great for expats wanting to find an upscale property in the UAE for relocation. This community spans over 500 ha on the bank of the Dubai Canal and is developed by Emaar Properties, one of the leading construction companies in the UAE. Properties in Dubai Creek Harbour are a great choice for foreigners, as this is a freehold area where foreign nationals may have full ownership rights. There’re various types of properties for sale in Dubai Creek Harbour that will make great homes. Another option is investing in real estate in Dubai Creek Harbour and receiving a passive income from your buy-to-rent property. Accommodation is in demand all year round in this megalopolis.

Dubai Creek Harbour

Lifestyle and features

This residential community is divided into nine neighbourhoods. Real estate for sale in Dubai Creek Harbour targets buyers of various ages. The high-quality execution and proximity to the beachfront, large shopping malls, supermarkets, healthcare institutions, and educational facilities make for extremely convenient living. The local facilities are pedestrian-oriented, with numerous footpaths and cycling lanes available. There are also sports courts, children’s playgrounds, public promenades, and parks. The community boasts a prime location near Ras Al Khor Road, allowing you to reach the emirate’s central landmarks in a quarter of an hour. The international airport is approx. the same distance.

Property types in Dubai Creek Harbour

This district can accommodate up to 650,000 people. Its residential property spans over 7 million m², being mostly skyscrapers with one to four-bedroom apartments. These are commissioned move-in ready and equipped with the necessary sanitary fittings. Some bargain properties for sale in Dubai Creek Harbour feature built-in furniture. You can buy real estate in Dubai Creek Harbour at various terms: pay-in-installments plans are frequently offered. Apartments in Dubai Creek Harbour cost upwards of AED 1.27 million (USD 346,000). Townhouses and villas are also available. The average Dubai Creek Harbour property prices are AED 3.25 million (USD 885,000).

Property investment in Dubai Creek Harbour

Investment attractiveness of Dubai Creek Harbour

Owners of apartments or villas in this emirate can receive a regular income. The investment strategies may vary:

You can purchase an off-plan property and resell it at a higher price upon completion of construction when its value has increased by double digits. It is usually not difficult to find buyers of highly liquid and high-yield housing in Dubai.

Apartments or villas in Dubai Creek Harbour in Dubai can be leased. The return on investment in this area can reach 5.2%.

You don’t need to live in the country to rent out a property here, as local real estate agencies offer property management services.

Advantages of Dubai Creek Harbour

Landmarks

The key landmark of this community, Dubai Creek Tower, is still in the construction stage. Its height will surpass that of the world-renowned Burj Khalifa. The budget of this project is USD 1 billion. The building, with a unique architectural style, is presumed to be the tallest in the world. It’ll accommodate several observation decks with staggering views of the emirate and the Persian Gulf. Another local landmark is the Ras Al Khor Wildlife Sanctuary, situated a five-minute drive away from the centre of the district and home to over 250 rare species of plants and animals. Tourists flock there to see incredible pink flamingos. The western part of the neighbourhood accommodates Creekside Park, with a dolphinarium and children’s attractions.

Residential properties: a residence visa for owners

It’s extremely challenging to become a UAE citizen, so those wanting to relocate here for permanent residence will need a residence visa. The easiest way to get this is to purchase real estate in Dubai. You can apply for a renewable three-year residence visa if you own real estate worth USD 204,000. Investment of at least USD 544,000 is a mandatory requirement to apply for a ten-year Golden Visa. If you buy property in Dubai Creek Harbour, you will meet this condition, making relocation significantly easier. Once the owner becomes a UAE resident, they can then sponsor their relatives’ visas. A Golden Visa is granted upon purchasing one or several properties worth USD 544,000.

Restaurants and shopping

W Mart is a local supermarket offering a wide range of groceries and household items. Restaurants and cafés serving cuisines from all over the world are mostly found on the waterfront. A shopping mall will be built here in the future and will become one of the largest in the megalopolis. At present, the residents can go shopping in any of the malls in the neighbouring districts, including the Dubai Mall with hundreds of stores by global brands.

SPA, sports, and leisure

Residential complexes feature extensive on-premises facilities. Most have adults’ and children’s swimming pools, sports clubs, and wellness salons. A wide range of spa services is offered in large shopping malls that have various boutiques and also leisure facilities. The Dubai Mall offers numerous entertainment options and is only a 15-minute drive away. The residents also have access to the Marina Yacht Club on the man-made waterfront, from whence they can go sailing. Outdoor sites for beach leisure are available and span over 700,000 m².

Dubai Creek Harbour