Dubai Creek Harbour as a Place for Investment and Permanent


Things people get investing in Dubai Creek Harbour

The UAE provides a wide selection of ambitious projects in different emirates. Abu Dhabi and Dubai are famous metropolises with exclusive real estate to any taste. As a rule, foreigners choose Dubai more often due to significant economical and social reasons.

In this article, we will discuss one of the most advantageous neighborhoods Dubai Creek Harbour. It is one of the most popular neighborhoods in Dubai, developed by Emaar Properties and Dubai Holding. According to the developers’ idea, the project will combine residential, commercial and office buildings, as well as all necessary infrastructure, including parks, gardens, waterfront and parking. Let` s find out why foreign investors and potential Dubai residents want to buy properties in Dubai Creek Harbour.

A few words about Dubai Creek Harbour

Dubai Creek Harbour occupies a total of 6 square kilometers, of which 820000 square meters are allocated for retail pavilions, 66000 square meters are planned for entertainment venues, and 7.3 million square meters are planned for residential buildings.

Near the coast of Dubai Creek is Ras Al Khor Reserve – one of the most protected in the world. It is home to over 450 species of animals and birds, including the famous pink flamingos.

The plan of construction

The upscale project was launched in 2006 by the company Sama Developments. Unexpectedly, the world crisis appeared and the company was not able to finish the construction.

In 2013 the plan of the future neighborhood was sold to Emaar Properties and the construction continued. Generally speaking, Dubai Creek Harbour is a new and more advanced version of the Lagoon project. Thanks to the talent and dedication of the head company, Dubai Creek Harbour has become an exemplary achievement in human ambition.

Features of the district

Dubai Creek Harbour has much to offer in terms of entertainment options, conducting business, necessary infrastructure, and property for permanent living and investment.

The available residences are situated in six towers located in an area with developed infrastructure. The main advantage is the close proximity to all the popular neighborhoods in Dubai. The area of the community is 550 hectares, of which almost one is allocated for a shopping mall. The housing is in the center of the promenade, but still retains all the features of the premium class. It is a developer with large assets, the exceptional feature of which is the realization of the largest projects in the region. The following types of residences are available in the area:

  • One-bedroom apartments.
  • Apartments, which represent from one to four bedrooms.
  • Penthouses. These are prestigious properties on the upper floors of skyscrapers.

Reasons to invest in Dubai Creek Harbour

Choice of the neighborhood, as well as the perfect home, is a purely individual thing. People, interested in a definite area, may find dozens of benefits valuable personally for them. The same happens with possible drawbacks. To get a better understanding of why people choose Dubai Creek Harbour for investment and permanent living, explore the list of the below-listed reasons.

  1. The neighborhood represents several premium gated communities, providing a quiet and private environment. According to Reidin-GCP, the rate of return on luxury residential communities with controlled entry is 12-30% higher than free-access projects;
  2. At Creek Harbour, construction has begun on the new tallest tower in the world, the Dubai Creek Tower. Even without the rest of the infrastructure, this is a good incentive to attract tourists. Constant flow of tourist will influence the ROI and increase the overall income of a house owner;
  3. Creek Harbour is being built in phases. The districts under construction, although connected to each other, can act as self-sufficient units with all the necessary conditions for life. This means that you can use your property for living or renting without waiting for the completion of the entire Dubai Creek Harbour area.

Residential complexes for buying the premium property

The neighborhood provides buyers only with ultra-luxury real estate from the trusted developer. However, Dubai Creek Harbour has an impressive number of affordable housing options as well. Being interested in the area, a buyer can choose stylish apartment in one of the residential complexes:

  • Creek Crescent – AED 1,300,000
  • Orchid from Emaar Properties – AED 1,500,000
  • 17 Icon Bay – AED 3,150,000
  • Breeze – AED 1,000,000
  • Creek Horizon – AED 2,900,000.

As we can see from the prices, options to any taste and budget are available for sale.

Real estate agency in Dubai Creek Harbour

Having compared all the pros and cons, address the real estate agency AX CAPITAL. The specialists in the sphere of real estate will answer your questions and comment on the confusing issues. Do not hesitate to ask for help if you have any difficulties in choosing an appropriate housing option. The agency is always ready to help!

Will Beaumont
Will Beaumont
Will is the Deputy Editor at EC The Hub. He previously worked as a content editor for EC The Hub and wrote articles on various topics including Entertainment, Celebrity, and  Technology News. He kick-started his career in journalism in 2013, after working for a few years as a Middle-school teacher. He is the Deputy Editor for EC The Hub for over three years now. Outside his professional work, he likes to watch movies and listen to music.

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