Palace Residences - Dubai Creek Harbour - Dubai Lagoon  

Palace Residences is a 5-star waterside, residential project featuring one, two, three, and four bedroom apartments and is located adjacent to the new Palace Hotel in Dubai Creek Harbour. Apartments now for sale on a 3 year post-handover payment plan.

Master Community: Dubai Creek Harbour
Property Types Available: Apartments
Location: Ras Al Khor Road
Status: Proposed
Year Launched: 2019
Estimated Completion Date: December 2022
Developer: Emaar
Title Type: Freehold
Quality Classification: Luxury
Height Classification: High-rise
Life Cycle: Under Construction
Special Classification: Water-front Community
Floors: 40

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Palace Residences

Investment Score

Value for Money
75%
Project Uniqueness
80%
Location & Connectivity
80%
Rental Yield Expectation
70%
Capital Growth Expectation
75%
More information on investment scores

Total Score

Synopsis

Sale Status: Launching soon

Payment Plan: Depends on project status

Ideal for: Investors

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What Our Experts Think

Palace Residences will feature one, two, three, and four bedroom apartments overlooking Dubai's best views. Entry level launch prices are the perfect time for an investor to enter.

The project will have a range of dining options as well as the luxury services of the hotel. It is by Address Hotel & Resort and is located within Dubai Creek Harbour, a popular upcoming location amongst investors.

Location, Master Community, Developer, Post-handover payment plan, DLD waiver, free property management, and the launch prices make this project perfect for the investor.

Want to live in a luxury residences in Dubai Creek Harbour?

Palace Residences - Luxury, waterside apartments with beautiful views in Dubai Creek Harbour by Emaar. Contact to learn more.

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About Palace Residences

Overview

  • Palace Residences is a development by Emaar and  Address Hotel & Resorts. These are branded residences and not service apartments, meaning they will not be furnished by the developer. 
  • The project will feature one, two, three, and four bedroom branded residences with balconies. 
  • This is a five-star, waterfront residential project located in Emaar's new master community, Dubai Creek Harbour. 
  • The residences will have a range of dining choices as well as deluxe hotel luxury services. This is a branded residence in Dubai Creek Harbour. 
  • The project will be located adjacent to the new Palace Hotel in Dubai Creek Harbour. 
  • For a limited time, Emaar is offering a 3 year post-handover payment plan, 5 years free property management, and a 50% waiver on the Dubai Land Department Fees. 
  • Palace Residences will offer some of the best views from the projects being developed in DCH. Apartments will overlook the Dubai Creek Tower (the world's tallest tower), views of the waterway, Creek Beach, and the iconic Downtown skyline. 
  • Prices are also expected to be fairly reasonable and investor-friendly. We anticipate prices to start around AED 1 million for 1 beds and AED 1.3 million for two beds. 
  • This is an excellent opportunity for investors to get in for several reasons: future capital gains expected in Dubai Creek Harbour, service charges will be lower than serviced apartments while the residents enjoy a similar lifestyle, free five year property management, three year post handover payment plan (meaning your tenant will pay towards your installments, and 50% DLD waiver lowers your closing costs. Overall, buying now will definitely increase the ROI. 
  • Emaar is one of Dubai's top-tier developers and is known to have developed popular communities such as Emirates Living, Arabian Ranches, and Dubai Hills. 
  • The 4 bedroom apartments are located only between floors 41 to 44.  
  • Dubai Creek Harbour is positioned to be one of the top tourism-driven destinations within the next 5 years (just as Downtown Dubai). The master community will feature the tallest tower in the world, retail destinations, and will have easy access via road networks and public transport. 

Sizes 

  • 1 Beds: 696 sq. ft. - 704 sq. ft. 
  • 2 Beds: 1,093 sq. ft. - 1,182 sq. ft. 
  • 3 Beds: 1,773 sq. ft. - 1,811 sq. ft. 
  • 4 Beds: 2,343 sq. ft. - 2,357 sq. ft. 

Payment Plan

  • 5% Down Payment
  • 55% During Construction
  • 40% Post Handover (Over 3 Years) 

* For an exact break down, please visit the downloads section which has the full payment plan. 



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