Dubai Creek Harbour  

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  • Top 3 Communities for Investment in Dubai in 2020

     Dec 29 2019  Dubai Creek Harbour  Apartments  Dubai Holding

    Its almost 2020 - the year of the much-awaited EXPO 2020 Dubai! With numerous project launches and communities coming up in Dubai, we decided to make our top 3 areas for investment in Dubai in 2020. 
    Dubai Creek Harbour 
    Dubai Creek Harbour is a new master community by one of Dubai’s top developers, Emaar Properties. The community is located in Ras al Khor, approximately 10 min. drive from the Dubai International Airport and Downtown Dubai. The community consists of residential apartments, serviced apartments, and hotels. The community will feature the world’s tallest tower, The Creek Tower, a new mall, and an indoor ChinaTown. 
    Why? 
    Upcoming community - still under construction so high potential for capital gains once community is complete (similar to Downtown Dubai). Decent ROI expected on long-term rentals and prime property for short-lets as community will be tourism-driven. 
    Waterfront Community 
    Best of both lifestyles - resort-style/beachfront living & city/downtown living 
    Central Location & well-connected via public transit (4 metro stations located within the community) 
    Excellent payment plans on certain projects within the community (up to 3 years post-handover)
    1 Bedroom apartments starting from AED 1,167,888 (USD $319,000)
    2 Bedroom apartments starting from AED 1,584,888 (USD $432,000)
    3 Bedroom apartments starting from AED 1,904,888 (USD $520,000)
    Payment Plan
    10% Down Payment, 50% during construction period, 40% over 3 years post-completion/handover (applicable on some projects) 
    District One, MBR City 
    District One in Mohammed bin Rashid City is a residential community located next to Downtown Dubai featuring mansions, villas, and apartments. The community also features a beautiful crystal lagoon, which the properties overlook. This is the world’s largest man-made lagoon. 
    Why? 
    Location: Closest villa community to Downtown Dubai 
    Community: Beautiful, serene neighborhood located in the heart of the city
    New mall being developed in the community, which will be completed in 2020 
    We expect high capital growth in this area in the long-run 
    1 Bedroom apartments starting from AED 1,230,259 (USD $336,000)
    2 Bedroom apartments starting from AED 2,018,821 (USD $551,000)
    3 Bedroom apartments starting from AED 2,882,037 (USD $ 786,000) 
    Payment Plan
    10% Down Payment, 40% During Construction, 50% On Completion 
    Port de La Mer, Jumeirah 
    Port de La Mer is an exclusive seaside, Mediterranean-inspired master development by Meraas located in Jumeirah. This is one of the first freehold developments in Jumeirah, Dubai. The development is located at the tip of the northern peninsula at La Mer. La Mer is a mixed-use development featuring dining, retail, leisure, shopping, beach, hospitality, and entertainment offerings. 
    Why? 
    FIrst freehold community in Jumeirah 1 and probably one of the last few prime waterfront projects in Dubai 
    Under construction currently, so the chance of capital growth is high once entire community is ready 
    Suitable for short-term rentals to maximize ROI 
    Located in a highly tourism-driven community and in close proximity to all other major areas of Dubai 
    1 Bedroom apartments starting from AED 1,500,000 (USD $409,000)
    2 Bedroom apartments starting from AED 2,200,000 (USD $600,000) 
    3 Bedroom apartments starting from AED 3,580,000 (USD $ 976,000) 
    Payment Plan
    10% Down Payment, 30% During Construction, 60% On Completion
    For further information on any of the above projects and to get advice on best investment opportunities in Dubai, please contact us. 
    Email: info@lookup.ae
    Mobile/WhatsApp: +971 50 734 8269





  • Launch of The Cove, Dubai Creek Harbour

     Sep 06 2017  The Cove  Apartments  Emaar

    Emaar has launched building 1 in The Cove in Dubai Creek Harbor. The Cove is a high-end development of low-rise buildings featuring one, two, three bedroom apartments as well as four bedroom penthouses. Apartment sizes in this development are larger, on average, than other developments in Dubai Creek Harbour.

    The Cove is located at the tip of the Island District of Dubai Creek Harbour. Apartments in this development will have views of The Tower (tallest tower in the world), The Central District, Ras Al Khor, Burj Khalifa/Downtown skyline, and the marina/creek.

    The developer is offering an investor-friendly payment plan with 5% downpayment, 60% during construction, and 35% on completion (March 2020). Currently, apartments are available staritng from the following prices (approx.):

    The 1 bedroom starting from approximately AED 1.4 million.

    The 2 bedroom starting from approximately AED 2.1 million.

    The 3 bedroom starting from approximately AED 2.45 million.

    The 4 bedroom penthouses starting from approximately 6.8 million.

    This is a good opportunity to achieve high rental returns and capital gains, as prices are expected to appreciate once the community and infrastructure development is completed.

    The Cove - Building 1 Sizes

    Bedrooms Size Range (Sq. Ft.)
    1 Bed 720 - 836
    2 Bed 1,289 - 1,647
    3 Bed 1,841 - 1,846
    4 Bed Penthouse 3,891 - 4,893

    Payment Plan

    Payment Milestone
    5% Downpayment
    10% December 2017
    10% March 2018
    10% September 2018
    15% March 2019 (upon 50% construction completion)
    15% September 2019 (upon 70% construction completion)
    35% March 2020 (upon 50% construction completion)

    For clients interested in learning more or to schedule an appointment for reservation of units, please contact Kashif +971.50.708.6765.


  • Investment Guide of 17 Icon Bay by Emaar - Latest project in Dubai Creek Harbor

     Aug 29 2017  17 Icon Bay  Apartments  Emaar

    17 Icon Bay is Emaar’s latest project in Dubai Creek Harbor offering one, two, and three bedroom apartments. Located on the Island District and anchored to the central park, 17 Icon Bay provides wonderful views of the wildlife sanctuary, downtown skyline, and the Creek Harbour tower, as well as easy access to the central park.

    Launch Prices

    1 Bedroom apartments range from AED 1.1 - 1.4 million (those with park view were approximately AED 1.1 million +; Units with marina view were AED 1.37 million +).

    2 Bedroom apartments range from AED 1.45 - 2.2 million (park view around AED 1.45 million, tower + marina view were around AED 1.66 million, units with full marina view were around AED 2 million).

    3 Bedroom apartments range from AED 2.4 - 3.2 million (full marina and downtown view units were about AED 3 million).

    Payment Plan

    PercentageMilestone
    5%At the time of booking
    5%December 2017
    10%June 2018
    10%December 2018
    10%May 2019 (20% Construction Completion
    10%December 2019 (40% Construction Completion
    15%July 2020 (70% Construction Completion)
    35%May 2021 (Upon Completion)

    Unit Mix & Sizes

    30% of the units in this building are one bedrooms, 50% are two bedrooms, and 20% are three bedrooms.

    Floors 2-22 have nine units per floor and floors 16-41 have 7 units per floor. There are around 3 one bedroom units and 6 two bedroom units on the lower floor. On the higher floors, there are 3 three bedroom units, 2 two bedrooms, and 2 one bedroom units. Three beds are only located on the higher floors (24-41). Each floor has three units of three beds.

    Units with views of the wildlife sanctuary:

    1 bed: 03 series

    2 bed: 02, 04 series

    3 bed: 01, 02, 03 series

    Units with views of the tower and central district:

    2 bed: 01, 09 series

    3 bed: 01 series has view from bedrooms

    Units with view of the central park:

    1 bed: 05 & 06 (24-41 floors), 07, 08 series

    Units with partial water view/community views:

    2 bed: 05, 06 (floors 2-22) series

    3 bed: 03 series

    Unit Sizes

    Bedroom Size Range
    1 Bedroom 736 - 760 sq. ft.
    2 Bedroom 1,069 - 1,116 sq. ft.
    3 Bedroom 1,588 - 1,668 sq. ft.

    Investor Response on Launch Day

    Majority of the one and two beds with the best views of wildlife sanctuary, downtown skyline, the creek tower were sold on launch day. There are some 3 bed units left as well as smaller units facing the central park.

    Very interesting to see considerable number of Chinese investors at the launch showing great interest in this project in particular and in Dubai Creek Harbor in general.

    Why Invest in This Project?

    Once completed, we believe these will be one of the most sought-after apartments by high-end clients in Dubai Creek Harbor due to several factors.

    The initial launch prices were reasonable and the payment plan was also attractive for long-term investors.

    Dubai Creek Harbor has enormous potential for capital appreciation once the entire development is completed (similar to Dubai Marina).

    DCH will provide a water-front lifestyle with boardwalks, corniches, and high-end stores and cafes lined up along the boulevard.

    DCH will feature major tourist attractions, such as The Dubai Creek Tower, which will be the world’s tallest building, as well as the world’s biggest mall. The Tower is expected to be completed by 2020.

    The community will be a 10-minute drive from major city-centers/hubs such as Downtown Dubai, DIFC, Business Bay, Bur Dubai, Deira, and Dubai International Airport. These will enhance the rental and re-sale market with Dubai Creek Harbour.

    The development of the public transport network to, from, and around the development will provide ease of access to the community.

    This is an opportunity for investors to invest in a development with a potential for huge capital appreciation, once the entire development is completed, as well as receive decent ROI (similar to what investors witnessed in Dubai Marina).


    Contact us to learn more:
    E:investors@lookup.ae
    T: +971.50.708.6765


  • Dubai Creek Residence: Launch Report

     Nov 02 2014  Dubai Creek Residence  Apartments  Emaar

    While the overall real estate market has shown consistent signs of a slow-down over the last two quarters, Emaar's latest launch was by all accounts a success.

    Dubai Creek Residence is the first project of the master-development 'The Lagoons.' It certainly has an iconic feel to it - much like the First Six Towers in Dubai Marina. Located on a natural island, the six towers offeri beautiful views of the creek and the Dubai skyline. The project is located close to the business districts and the main airport.

    Emaar have set delivery dates for the Dubai Creek Residences for 3 years years but there is a lot of infrastructure to build and the overall Lagoons project will be built over at least 15 years.

    We also expect there to be new launches for projects within this island over the next 3 - 6 months.

    Emaar's sales strategy was first come first serve rather than online registration. This is a tactic they use for projects which are not sure to automatically sell out, it also helps create a hype which helps drive sales.

    By Friday evening (the day before the launch) there were at least 350 people lined up and by Saturday morning that number had swelled to close to a thousand. These were mainly real estate agents with pre-registered clients, or opportunists seeking to sell their spaces in the que.

    According to several sources, we understand Emaar have sold out the stock that they had planned to sell. We don't know for sure if they have held back any units for future sales.

    Sea facing units sold at prices of AED 1,650 - 1,700 psf.

    Back facing units sold between AED 1,400 - 1,550 psf.

    Most of the sales were done to clients who commit to holding the property till completion and also commit to paying a higher % as a down-payment. This means there will be less secondary market transactions.

    Most agents and investors we spoke to agreed that the opening prices were reasonable but most expressed some skepticism on the delivery date target.


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