Project Summary

Project Name:

Palace Residences


Location

Dubai Creek Harbour


Developer

Emaar


Handover Date:

Q4 2022


Type:

Apartment


Bedroom(s):

1 Bedroom


Average Area:

696.1 SQFT


Average Price:

1000000


Price/Sqft:

1436.58 AED


Payment Plan

During Construction

50%

On Handover

10%

2 Year(s) Post Handover

40%

Emaar

Palace Residences

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About the Project

Palace Residences is a development by Emaar properties and Address Hotel and Resorts. 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 development does not service apartments as its branded residence and they will not be furnished by the developer.  It offers one, two, three, and four-bedroom luxurious residences with balconies. This waterfront residential project located in the Emaar’s new master community known as Dubai Creek Harbour. Residences of the master project will have a range of dining choices. Palace Residences will offer some of the best views from the projects being developed in Dubai Creek Harbour. Apartments will overlook the Dubai Creek Tower (the world's tallest tower), views of the waterway, Creek Beach, and the iconic Downtown skyline. 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. A mere 15 minutes’ drive from Dubai International Airport and 10 minutes’ from Downtown Dubai, yet Dubai Creek Harbour feels a world away. 

About Location

Dubai Creek Harbour is at the heart of a bold new vision for Dubai. Master developer Emaar describes the Dubai Creek Harbour development as a city-within-a-city. Emaar is the master behind the world’s largest choreographed fountain system. The latest news reveals that the Dubai Creek Harbour could be home to another H20 triumph. Dubai Creek Harbour development by Emaar occupies an open site on the Dubai Creek waterfront near Ras Al Khor Wildlife Sanctuary. This wildlife haven is home to over 450 animal species including the renowned pink flamingos. A mere 15 minutes’ drive from Dubai International Airport and 10 minutes’ from Downtown Dubai, yet Dubai Creek Harbour feels a world away. There are several different concepts within Dubai Creek Harbour, such as The Cove, Creek Gate and Creek Horizon, with accommodation ranging from 1, 2 and 3 bedroom apartments to penthouses. The community’s Island District combines upmarket living with leisure facilities and features a waterfront promenade, centrally located park area, a marina, and yacht club and 5-star hotels. Dubai Creek Harbour offers luxury, sustainable living with enviable views of Dubai’s skyline.

About the Developer

Emaar Properties is established in 1997 and is a brand name in the real estate market. Emaar has absolute its proficiency, developing competencies in hospitality, leisure, and retail. Emaar has gain popularity not only in the UAE but also in different parts of the world like the Indian Peninsula, South Asia, Europe and also North Africa. Emaar is a Dubai-based joint stock company listed on the Dubai Financial Market. It aims new lifestyles with a focus on design excellence, build quality and handover. Emaar has a valuation of US$9.7 billion as of June 2018 and the company operates internationally providing development and also management services.  Emaar is known as one of the largest real estate developer in Dubai. It is known especially for large scale projects like Burj Khalifa, the tallest building in the world. Emaar has developed projects across the world and some of the key projects include The SpringDubai MarinaThe GrandThe CoveArabian RanchesUrbana IIISunDubai Creek HarbourSunrise Bay and Dubai Hills Estate  

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