Emaar Palace Residences North in Dubai Creek Harbour

  • Start from AED 1,230,000

Overview

Property ID: Ramos-63
  • Apartments, Residential
  • Property Type
  • 1-3
  • Bedroom
  • 1-3
  • Bathroom
  • From 639
  • Sq Ft

Description

Palace Residences – North is a new development planned for the heart of Dubai Creek Harbour. The project is an extension to Palace Residences, which has already piqued the interest of people looking to buy a home in Dubai. Emaar Properties, one of the UAE’s premier developers, is the project’s creator.

The Palace brand is part of the Address Hotels + Resorts group, allowing inhabitants of the complex to live a luxurious lifestyle. Branded 1-3 bedroom flats and waterfront townhouses are among the options available. Townhouses will have uninterrupted waterfront views, while residences will have views of Creek Beach, Creek Promenade, and the famed Dubai skyline.

Furthermore, inhabitants of the complex will have access to the 5-star Palace Hotel’s unlimited premium services, including the spa and exquisite gourmet cuisine in the hotel restaurants.

Waterfront 1, 2 & 3BR Apartments located in Dubai Creek Harbour

The total number of units within the additional project is 335, and each one will have a smart layout and contemporary designs with natural components.

If you live in Palace Residences – North, you will have easy access to Creek Marina, which will house the Yacht Club Marina with 81 berths, art installations, food trucks, and a sculptural viewing deck. Residents of Palace Residences – North will have access to a plethora of retail stores located along Creek Promenade, which also includes dining options and floating decks on the canal.

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A 15-minute drive away is Dubai Festival City Mall, another shopping hotspot. Here you can discover over 400 businesses, including designer giants like Zara, plenty of dining options, as well as IMAGINE, which is a visual and sensory feast that gathers hundreds of people on the shores of the famed Festival Bay.

Being a resident at Palace Residences will allow you to live a premium lifestyle in one of the emirate’s most desirable areas, which attracts both local and foreign residents. Dubai Creek Harbour is a developing community, which means that owning a dwelling in the development is a perfect investment into your future, and you will always be able to resell a property or rent it out. The average ROI for a 1-bedroom apartment in the area is 6.4%.

  • 10 Minutes to Downtown Dubai
  • 25 Minutes to Dubai Marina
  • 15 Minutes to DXB Airport
  • 35 Minutes to DWC Airport

Frequently Asked Questions

Who is the developer of Palace Residences – North?
Palace Residences – North is being developed by Emaar Properties, one of the prominent Emirati developers.
Where is Palace Residences - North located?
Palace Residences – North is located in the heart of Dubai Creek Harbour, at the gateway to Creek Island.
What are the unit kinds on offer?
Among units for sale are branded 1–3 bedroom apartments and 3-bedroom waterfront townhouses.
What is the completion date of Palace Residences – North?
Palace Residences – North is scheduled to be finished in Q2 2027.
What are the Palace Residences - North Payment Plans?
If you want to buy a branded residence in the project, you will be provided an appealing 80/20 payment plan with a 10% down payment. Please contact one of our Metropolitan Premium Properties brokers for additional information.
How much do apartments and townhouses in Palace Residences - North cost?
The starting price of a 1-bedroom apartment in Palace Residences – North is AED 1,230,000 (USD 335,000), while a 3-bedroom townhouse will cost AED 4,190,000 (USD 1,140,000).
Is it possible to gain residency if I purchase property in Palace Residences - North?
Investing in a minimum-value residential unit in Dubai permits owners and their family members to apply for a residence visa.
What kind of visa can I receive if I buy a house?
Purchasing a residential unit for less than AED 750,000 (USD 204,000) entitles buyers to a 2-year investment visa. Purchasing a home for less than AED 2,000,000 (USD 545,000) entitles you, your family members and even household employees to apply for a 10-year Golden Visa.
Is it possible for a foreigner to purchase property in Palace Residences - North?
Because Palace Residences – North is a freehold property, both local and international buyers can acquire a unit there.
Is a Palace Residences - North apartment a good investment?
A 1-bedroom apartment in Dubai Creek Harbour has a 6.4% ROI, while a 3-bedroom townhouse has a 6.9% ROI. Furthermore, because it is an off-plan development, you will always be able to resell a house after it has been completed.
Is Palace Residences - North a nice neighborhood in Dubai?
Palace Residences – North is an excellent investment as well as a place to live. Because of the variety of properties available, including apartments and townhouses, the development will appeal to single professionals, couples, and families with children.
What are the advantages and disadvantages of living in Dubai Creek Harbour?
Dubai Creek Harbour is a growing neighborhood offering a variety of entertainment and leisure amenities for people of all ages, including Central Park, Creek Marina, and Creek Promenade. Another advantage is its accessibility to Downtown Dubai and other important locations of the emirate.

Details

Updated on June 26, 2023 at 11:38 am
  • Property ID: Ramos-63
  • Price: Start from AED 1,230,000
  • Property Size: From 639 Sq Ft
  • Bedroom: 1-3
  • Bathroom: 1-3
  • Property Type: Apartments, Residential
  • Property Status: Off Plan

Additional details

  • Delivery Date: Q2 2027
  • Payment Structure: 10% Initial Deposit, 70% During Construction, 20% on Completion
  • Down Payment: 10%

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