Creek Edge - Dubai Creek Harbour - Dubai Lagoon  

Creek Edge is a twin-tower development located on the Island District in Dubai Creek Harbour featuring contemporary 1, 2, and 3 bedroom apartments starting from AED 988,888. This is a development by Emaar Properties. Special launch offer valid till May 1 - 50% Waiver on Dubai Land Registration Fees.

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

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Creek Edge

Investment Score

Value for Money
80%
Project Uniqueness
80%
Location & Connectivity
75%
Rental Yield Expectation
70%
Capital Growth Expectation
85%
More information on investment scores

Total Score

Synopsis

Sale Status: Partially sold out. Units available.

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 1,500 PSF - AED 1,750 PSF

Unit Types Available: Apartment

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What Our Experts Think

Creek Edge is a long-term investment opportunity. Given the infrastructure development, the location, and the upcoming world-class sites (which will heavily drive tourism - i.e the Creek Tower, China Town, & Dubai Square), we highly expect the values to appreciate over time. The location next to the Central Park and especially the views offered from the Creek Edge towers provide an edge to this development over the rest. Secondly, the post-completion payment plan (over 2 years) makes it a highly attractive opportunity to investors.

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About Creek Edge

Overview

Creek Edge is a waterfront, twin-tower development located on the Island District in Dubai Creek Harbour. The development is located north of Downtown Dubai. Tower 1 will be G + 40 floors, while tower 2 will be G + 20 floors. 

The towers will consist of 1, 2, and 3 bedroom apartments with a contemporary, urban design. The apartments have full floor-to-ceiling glass to allow residents to maximize the views offered from Creek Edge. Apartments will either have views of the Downtown skyline (Burj Khalifa), the full curve of the Creek, the Central Park, The Tower (Tallest tower of the world), and the Dubai Creek Harbour community. Creek Edge is located on the plot next to Address Harbour Point in Dubai Creek Harbour's Island District. 

Residents on the Creek Island will benefit from being in close proximity to the Creek Beach, waterfront promenade, Marina berths, and the Central Park (16,000 sq. m. park due for completion by 2020). 

The best views are offered from the 2 and 3 bedroom apartments at Creek Edge. 

Connectivity-wise, the island district features a fully-integrated transport system, allowing residents easy accessibility to the rest of Dubai. There will be 4 metro stations in the mainland, water taxis that will connect Dubai Creek Harbour to Downtown Dubai, as well as easily accessible bus and road networks. There are also three Bridges connecting the island to the mainland as well as an upcoming interchange on Ras Al Khor road which will connect the island district and mainland Dubai Creek Harbour to the rest of Dubai and is scheduled for completion in 2019 (the downloads section has an image demonstrating the connectivity of Dubai Creek Harbour to the rest of the city.) 

Creek Edge is a long-term investment opportunity. Given the infrastructure development, the location, and the upcoming world-class sites (which will heavily drive tourism - i.e the Creek Tower, China Town, & Dubai Square), we highly expect the values to appreciate over time. The location next to the Central Park and especially the views offered from the Creek Edge towers provide an edge to this development over the rest. Secondly, the post-completion payment plan (over 2 years) makes it a highly attractive opportunity to investors. 

Prices 

  • 1 Bedroom apartments starting from AED 988,888 
  • 2 Bedroom apartments starting from AED 1588,888 

Sizes

  • 1 Bedroom: Average size approximately 60 sq. m. 
  • 2 Bedroom: Average size approximately 90 sq. m. 
  • 3 Bedroom: Ranges from approximately 130 sq. m. to 170 sq. m. 

Payment Plan

60 - 40 Payment plan, with 60% of the value to be paid during construction period and 40% to be paid over 2 years after owner has received the handover of the apartment. 

PercentageMilestone
5%Down Payment 
5%Within 30 Days of Booking
5%Every 4 months (Aug 2019 - April 2022
5%On Completion (November 2022)
5%Every 3 Months from Completion (Feb 2023 - November 2024)


 

Amenities of Creek Edge

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