What's the price range at The Residences Downtown Creek Harbour?
Current price per sqft: AED 6800. Recent transactions: 2BR 2000sqft at AED 13,600,000. Price history (12 months): ranging from AED 6760 to AED 6800/sqft.
Complete guide to The Residences Downtown Creek Harbour in Dubai Creek Harbour: pricing, amenities, rental potential and ownership costs.
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Current price per sqft: AED 6800. Recent transactions: 2BR 2000sqft at AED 13,600,000. Price history (12 months): ranging from AED 6760 to AED 6800/sqft.
Unit mix: 68 × 1BR, 78 × 2BR, 16 × 3BR, 0 × 4BR. Total: 177 units. Standard residential tower.
Tier: LUXURY. Investment thesis: "Premium creek-front residences with strong positioning in emerging Dubai Creek Harbour community. Good capital appreciation and rental income potential.". Comparable buildings in Dubai Creek Harbour range AED 6300–7300/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities: Creek View Terrace, Spa & Wellness, Fine Dining, Concierge, Marina Access and more. Year completed: 2023. Floors: 40. Well-maintained common areas and 24/7 security.
40 floors. Total units: 177. Average units/floor: 5. View types: Marina views, City views. Higher floors command premium pricing.
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (78 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Beach: 15 mins. Creek Harbour Station metro: 3 mins. Downtown Dubai: 8 mins. Airport (DXB): 20 mins.
Metro accessible via Creek Harbour Station. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
Located in Dubai Creek Harbour, a luxury community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Service charge: ~AED 2380/sqft/year typical for tier LUXURY. Estimate for 2BR (1500 sqft): AED 297500/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
Gross rental yield: 4.6%–6.1%. 1BR typical rent: AED 26,666.667/month. 2BR: AED 40,000/month. Strong tenant demand; typical vacancy: 1–2 months/year.
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