PALACE RESIDENCES - NORTH

The starting price is AED 1.23 million ($335,000).

The project includes many exclusive amenities such as an infinity pool, fitness centre, children's playroom, yoga room, and more. There is also 24-hour security and underground parking. The planned commissioning date of the complex is Q2 of 2027.

Palace Residences - North in Dubai Creek Harbour

This high tower is nestled in the Dubai Creek Harbour neighbourhood on the shores of Dubai Creek. There are many luxurious venues within walking distance:

the Creek Promenade, with stores and restaurants;

Creek Marina, with a yacht club and marina for up to 81 vessels; and

Central Park, which covers an area of 6 soccer fields and is one of the largest parks in the Emirate.

There are sports fields, an exciting skating rink for skaters, an engaging children's play area, a cosy outdoor amphitheatre and a petting area.

In 5–10 minutes by car, there are:

• Creek Beach with clean white sand, restaurants, bars and a variety of entertainment;
• Ras Al Khor reserve with graceful pink flamingos;
• well-known Maple Bear Creek Harbour Kindergarten;
• Universal American School;
• Nad Al Hammar Medical Center Hospital and Aster 142 pharmacy;
• W Mart supermarket.

Downtown Dubai, with the largest Dubai Mall, Opera House and Burj Khalifa Tower, is a 16-minute drive away. Shuttle service to the international airport takes at most 10 minutes' drive.

Apartments in Palace Residences - North

This residential complex offers residences of different sizes and configurations

• 1-bedroom apartments of 59–60 m²;
• 2-bedroom apartments of 92–103 m²;
• 3-bedroom apartments of 153–154 m².

All layouts have a spacious living room with a dining area, en-suite bedrooms with fitted closets, an open-plan kitchen, a laundry room and a balcony with a seating area. The 3-bedroom residences have a maid's space and a guest bathroom.

Finishes are made in light colours with natural materials. Panoramic windows offer magnificent views of the beach, park and The Viewing Point, 70-meter observation deck.

Townhouses in Palace Residences - North

The 2-story townhouses will be located on the podium level of the tower. They will range in size from 178–179 m². The layouts include:

• living room;
• kitchen-dining room;
• 3 bedrooms with private bathrooms;
• laundry room;
• study;
• maid's room;
• a balcony on each floor.

The master bedroom has a separate walk-in closet.

Palace Residences – North by Emaar Properties

No wonder properties in Palace Residences – North for investment is an excellent option. The project is being built by Emaar Properties, which is well-known as one of the most reputable developers in Dubai. Today, you can buy a residence at the initial stage of construction at a competitive price and then resell it with a substantial profit because, after construction is completed, prices will increase by 20–30%. At the same time, the cost of commissioned properties in Dubai also continues to grow. According to analysts' forecasts, the average growth at the end of 2023 will be 13.5%.

If you consider renting out purchased housing, you can get income at 6.4% per annum – this is the payback of one-bedroom apartments in famous Dubai Creek Harbour. Please note that the median annual rental cost for a property of this type in the community is AED 91,000 (about $25,000).

Contact us for a free consultation on buying a property in a new development and finding the best option for living and investing.