Off-Plan Properties Dubai Creek Harbour In Dubai

Last Updated on August 6, 2023 by Bram Vermolen

Off-plan property investment is the process of buying a property before it is completed, usually at a discounted price and with the expectation of capital appreciation. Dubai Creek Harbour is one of the most promising and exciting off-plan property destinations in Dubai, offering a waterfront lifestyle, stunning views, world-class amenities, and a landmark tower that will surpass the Burj Khalifa. In this article, we will explore the features, benefits, risks, and opportunities of off-plan properties in Dubai Creek Harbour.

Off-plan properties can be a lucrative option for investors who want to benefit from capital appreciation, rental income, or resale profits. In this article, we will explore the off-plan property market in Dubai Creek Harbour, one of the most dynamic and popular communities in Dubai.

About Dubai Creek Harbour

Dubai Creek Harbour is a mega-development project by Emaar Properties and Dubai Holding, located on the banks of the historic Dubai Creek. The project covers an area of 6 square kilometers and aims to create a smart and sustainable city for tomorrow’s families. Dubai Creek Harbour consists of several sub-communities, such as Creek Island District, Creek Beach, Harbour Views, The Cove, and Dubai Square. Each sub-community offers a variety of residential, commercial, retail, leisure, and entertainment options for residents and visitors.

The centerpiece of Dubai Creek Harbour is the Dubai Creek Tower, a futuristic structure designed by renowned architect Santiago Calatrava. The tower is expected to be 928 meters tall, making it the tallest structure in the world when completed. The tower will feature observation decks, gardens, restaurants, and cultural venues that will offer breathtaking views of the city and the creek. The tower will also serve as a beacon of light and hope for the region and the world.

How Is The Dubai Dubai Creek Harbour Real Estate Market?

The Dubai Creek Harbour real estate market is one of the most dynamic and attractive markets in Dubai. According to Bayut.com1, the average price per square foot for apartments in Dubai Creek Harbour was AED 1,405 in 2020, which is lower than the average price in Downtown Dubai (AED 1,698) and Dubai Marina (AED 1,423). This means that buyers can get more value for their money in Dubai Creek Harbour compared to other popular areas in the city.

The demand for properties in Dubai Creek Harbour is also high, as more people are looking for waterfront living, modern amenities, and proximity to nature. According to Property Finder, the number of searches for properties in Dubai Creek Harbour increased by 76% in 2020 compared to 2019. The most popular sub-communities were The Cove, Harbour Views, and Creek Horizon. The most sought-after property types were one-bedroom and two-bedroom apartments.

How Is The Off-Plan Property Market In Dubai Creek Harbour?

The off-plan property market in Dubai Creek Harbour is one of the most active and lucrative markets in Dubai. According to Data Finder, there were 1,074 off-plan transactions worth AED 1.7 billion in Dubai Creek Harbour in 2020, making it the second most popular area for off-plan sales after Mohammed Bin Rashid City. The average price per square foot for off-plan apartments in Dubai Creek Harbour was AED 1,283 in 2020, which is lower than the average price for ready apartments (AED 1,405).

Why Is Dubai Creek Harbour Off-Plan Property Interesting For Real Estate Investors?

Dubai Creek Harbour off-plan property is interesting for real estate investors because it offers a lucrative opportunity to invest in a high-potential and high-demand market. Some of the reasons why Dubai Creek Harbour off-plan property is appealing for investors are:

1. It offers lower prices and flexible payment plans: Off-plan properties are usually sold at a discounted price compared to ready properties, as the developers want to secure funds and attract buyers in advance. Off-plan properties also come with attractive payment plans that allow investors to pay in instalments over a period of time, rather than paying the full amount upfront. This can reduce the financial burden and risk for investors, as well as increase their cash flow and leverage.
2. It offers high capital appreciation and rental income: Off-plan properties are expected to increase in value over time, as the development progresses and the market demand grows. Off-plan properties in Dubai Creek Harbour are especially promising, as they are located in a prime waterfront location that is home to the world’s tallest tower, the largest retail destination, and the Expo 2020 site. These factors make Dubai Creek Harbour one of the most sought-after and prestigious communities in Dubai, attracting tourists, residents, and businesses alike. Investors can benefit from selling their off-plan properties at a higher price or renting them out for a steady income.
3. It offers a variety of options and customization: Off-plan properties offer investors a wide range of options to choose from, such as apartments, villas, townhouses, hotels, and offices. Off-plan properties also allow investors to customize their properties according to their preferences and needs, such as choosing the layout, design, features, and amenities. This can enhance the appeal and value of their properties, as well as suit their target market.

These are some of the reasons why Dubai Creek Harbour off-plan property is interesting for real estate investors. By investing in this development, they can take advantage of the lower prices, flexible payment plans, high capital appreciation, rental income, variety of options, and customization.

Why Is Dubai Creek Harbour Off-Plan Property Interesting For Off-Plan Buyers?

Dubai Creek Harbour off-plan property is interesting for off-plan buyers because it offers a unique opportunity to own a property in a world-class and futuristic community. Some of the reasons why Dubai Creek Harbour off-plan property is appealing for buyers are:

1. It offers an enviable waterfront lifestyle: Off-plan buyers can enjoy living in a waterfront community that offers stunning views of the creek, the sea, and the skyline. Off-plan buyers can also access a variety of amenities and facilities that enhance their lifestyle and well-being, such as malls, supermarkets, restaurants, cafes, cinemas, hotels, parks, gyms, salons, spas and more. Off-plan buyers can also enjoy a range of water sports and activities, such as kayaking, sailing, fishing, and boating.
2. It offers a smart and sustainable city: Off-plan buyers can experience living in a smart and sustainable city that integrates nature, culture, and innovation. Off-plan buyers can benefit from state-of-the-art technology that makes their lives easier and more convenient, such as smart home systems, smart parking systems, smart waste management systems, and smart security systems. Off-plan buyers can also appreciate the green ecosystems that preserve the natural environment and promote biodiversity, such as wildlife sanctuaries, mangrove forests, lagoons, and gardens.
3. It offers a rich cultural and heritage scene: Off-plan buyers can explore the cultural and heritage scene that showcases the history and diversity of Dubai. Off-plan buyers can visit museums, art galleries, and exhibitions that display the legacy and achievements of Dubai. Off-plan buyers can also witness the iconic landmarks that symbolize the vision and ambition of Dubai, such as the Dubai Creek Tower, the Dubai Square, and the Expo 2020 site.

What To Consider When Buying Off-Plan Properties in Dubai Dubai Creek Harbour?

Buying off-plan properties in Dubai Creek Harbour can be a rewarding decision, but it also involves some challenges and risks that need to be considered and addressed. Therefore, it is advisable to do proper research, due diligence and consultation before making a decision. Some of the factors to consider when buying off-plan properties in Dubai Creek Harbour are:

1. Developer reputation

One of the most important factors to consider when buying off-plan properties in Dubai Creek Harbour is the reputation of the developer. The developer is responsible for delivering the project on time, on budget and on quality. Therefore, it is essential to check the developer’s track record, credentials, experience and customer feedback before making a decision. Some of the reputable developers in Dubai Creek Harbour are Emaar Properties and Dubai Holding, who are behind some of the most successful and prestigious projects in Dubai, such as Burj Khalifa, Dubai Mall, and Downtown Dubai.

2. Project location

Another important factor to consider when buying off-plan properties in Dubai Creek Harbour is the location of the project. The location determines the accessibility, connectivity, convenience and value of the property. Therefore, it is advisable to check the proximity of the project to major highways and other networks that connect it to the city center and other landmarks of Dubai. Dubai Creek Harbour is well-connected to the rest of the city by road networks such as Sheikh Mohammed Bin Zayed Road, Al Khail Road, Emirates Road and Umm Suqeim Road. It is also accessible by public transportation such as buses and taxis.

3. Payment plans

A third important factor to consider when buying off-plan properties in Dubai Creek Harbour is the payment plans offered by the developer. The payment plans determine the affordability and convenience of the investment. Therefore, it is wise to compare the different payment plans available and choose the one that suits the budget and cash flow of the buyer.

4. Payment structure options

A fourth important factor to consider when buying off-plan properties in Dubai Creek Harbour is the payment structure options offered by the developer. The payment structure options determine the type and amount of fees and charges that are applicable to the transaction. Therefore, it is prudent to check the different payment structure options available and choose the one that minimizes the cost and maximizes the benefit of the investment.

5. Due diligence

A fifth important factor to consider when buying off-plan properties in Dubai Creek Harbour is the due diligence that is required to verify the validity and viability of the project. The due diligence involves checking the legal, financial and technical aspects of the project.

6. Property tax

A sixth important factor to consider when buying off-plan properties in Dubai Creek Harbour is the property tax that is applicable to the transaction. The property tax involves paying fees and charges to the authorities and other parties involved in the transaction.

Community Overview Of Dubai Creek Harbour

Dubai Creek Harbour is a new waterfront development that aims to create a sustainable and vibrant urban community in Dubai. It is located along the banks of the historic Dubai Creek, which is a natural inlet that divides the city into two parts: Deira and Bur Dubai. Dubai Creek Harbour covers an area of over 500 hectares and consists of nine distinct districts, each with its own residential, commercial, retail, leisure, and cultural attractions.

What Are The Most Popular Buildings In Dubai Creek Harbour?

Some of the most popular buildings in Dubai Creek Harbour are:

• The Dubai Creek Tower: This is a mega-tall skyscraper that is designed to surpass the height of Burj Khalifa, the current tallest building in the world. The Dubai Creek Tower will be a landmark of innovation and engineering, featuring a dynamic design inspired by the lily flower and Islamic architecture. The tower will also have an observation deck, a garden, and a rotating beacon of light at its peak.
• The Address Harbour Point: This is a luxury hotel and serviced residence complex that offers stunning views of the Dubai Creek Tower, the Downtown Dubai skyline, and the Ras Al Khor Wildlife Sanctuary. The Address Harbour Point comprises two towers of 65 and 53 storeys, connected by a sky bridge. The complex will have 202 hotel rooms and 741 serviced apartments, as well as restaurants, lounges, spas, and meeting facilities.
• The Island District: This is a waterfront residential and leisure destination that features a marina, a yacht club, a beach, and a promenade. The Island District will also have a variety of retail and dining options, as well as cultural and entertainment venues. Some of the residential projects in the Island District are Creek Horizon, Creek Rise, Creekside 18, Harbour Gate, Harbour Views, and The Cove.

Which Transportation And Parking Spaces Are There In Dubai Creek Harbour?

Transportation and parking spaces in Dubai Creek Harbour are designed to be convenient and accessible for residents and visitors. Some of the transportation and parking options are:

• Metro: The Dubai Metro will have two stations in Dubai Creek Harbour: Creek Metro Station and Ras Al Khor Metro Station. These stations will connect the development to other parts of the city, such as Downtown Dubai, Dubai International Airport, and Expo 2020 site.
• Bus: There are several bus routes that serve Dubai Creek Harbour, such as E16, 55, 61, 64, 63E, and X23. These buses provide access to nearby areas such as Deira, Bur Dubai, Al Qusais, Al Khail Gate, and International City.
• Water Transport: There are several water transport options available in Dubai Creek Harbour, such as water taxis, abras (traditional wooden boats), ferries, and dhows (traditional sailing vessels). These water transport modes offer scenic views of the creek and the city skyline.
• Parking: There are ample parking spaces available in Dubai Creek Harbour, both on-street and off-street. Most of the buildings have dedicated parking facilities for residents and guests. There are also public parking lots and garages in the area.

Which Amenities, Schools And Healthcare Are There In Dubai Creek Harbour?

Amenities, schools and healthcare in Dubai Creek Harbour are planned to cater to the needs of the diverse community living and working in the area. Some of the amenities, schools and healthcare facilities are:

• Amenities: Dubai Creek Harbour offers a range of amenities for its residents and visitors, such as parks, gardens, playgrounds, fitness centers, swimming pools, sports courts, jogging tracks, cycling paths, barbecue areas, picnic spots, art galleries, museums, libraries, mosques, churches, temples, and more.
• Schools: Dubai Creek Harbour is an emerging area that aims to provide quality education for its residents. There are plans to include schools and universities within or near the development. Some of the educational options that are expected to be available are Deira International School, The City School International, Grammar School, Dubai Creek Horizon School, Dubai International Academy, GEMS Wellington International School, American University in Dubai, and University of Dubai.
• Healthcare: Dubai Creek Harbour is committed to providing world-class healthcare services for its community. There are plans to have hospitals and clinics within or close to the development. Some of the healthcare options that are expected to be available are Mediclinic City Hospital, Latifa Hospital, Rashid Hospital, American Hospital, Emirates Specialty Hospital, Medcare Hospital, Aster Hospital, NMC Royal Hospital, and Zulekha Hospital.

Which Outdoor Activities, Fitness And Beauty Are There In Dubai Creek Harbour?

Outdoor activities, fitness and beauty in Dubai Creek Harbour are abundant and varied, as the development offers a lifestyle that is close to nature and wellness. Some of the outdoor activities, fitness and beauty options are:

• Outdoor activities: Dubai Creek Harbour is a paradise for outdoor enthusiasts, as it offers a range of activities that can be enjoyed in the natural surroundings of the creek and the wildlife sanctuary. Some of the outdoor activities that can be done in the area are kayaking, canoeing, sailing, fishing, birdwatching, hiking, camping, golfing, and more.
• Fitness: Dubai Creek Harbour is a fitness-friendly community that encourages its residents and visitors to stay active and healthy. The development has several fitness facilities and programs that cater to different levels and preferences. Some of the fitness options that can be found in the area are gyms, yoga studios, pilates studios, martial arts centers, dance studios, personal trainers, boot camps, and more.
• Beauty: Dubai Creek Harbour is a beauty-conscious community that offers a variety of beauty services and products for its residents and visitors. The development has several beauty salons, spas, barber shops, nail bars, massage parlors, skin care clinics, hair care clinics, cosmetic clinics, and more.

Which Leisure Activities And Notable Landmarks Are There In Dubai Creek Harbour?

Leisure activities and notable landmarks in Dubai Creek Harbour are designed to provide a rich and diverse cultural and entertainment experience for its residents and visitors. Some of the leisure activities and notable landmarks are:

• Leisure activities: Dubai Creek Harbour aims to provide a wide range of leisure options for its community and tourists. There are plans to have several entertainment venues within or near the development. Some of the leisure options that are expected to be available are cinemas, theatres, concerts, shows, museums, exhibitions, festivals, events, workshops, classes, clubs, bars, lounges, cafes, restaurants, and more.
• Notable landmarks: Dubai Creek Harbour is home to some of the most iconic and innovative landmarks in Dubai. These landmarks showcase the architectural excellence and cultural diversity of the city. Some of the notable landmarks that can be seen in the area are Dubai Creek Tower, The Address Harbour Point, The Island District, The Dubai Square, The Middle East’s Largest Chinatown, The Art District, The Central Park, The Wildlife Sanctuary, and The Waterfront Promenade.

Which Restaurants Are Located In Dubai Creek Harbour?

Restaurants in Dubai Creek Harbour are plentiful and varied, as the development offers a gastronomic adventure for its residents and visitors. There are several restaurants in and around the area that can offer delicious dishes from different cuisines and cultures. Some of the restaurants that are located in Dubai Creek Harbour are:

• Mondoux: This is a European-style restaurant that serves an eclectic menu of breakfast, lunch, dinner, coffee, tea, wine, cocktails, desserts, and more. Mondoux has a cozy interior and a scenic outdoor seating area that overlooks the creek and the skyline.
• Soul Green: This is a fully-licensed restaurant that specializes in healthy, organic, and plant-based dishes. Soul Green offers 80% vegan and 20% fish options on its menu, as well as gluten-free and sugar-free alternatives. Soul Green also supports a charitable project that provides food and water to underprivileged children around the world.
• The Courtyard: This is a casual dining restaurant that serves international cuisine with a Middle Eastern twist. The Courtyard has a spacious indoor dining area and a charming outdoor terrace that faces the creek. The restaurant also hosts live music events on weekends.
• Stage 2: This is a chic lounge and restaurant that is located in Vida Creek Harbour Hotel. Stage 2 offers a selection of light bites, salads, sandwiches, burgers, pizzas, pastas, desserts, mocktails, juices, teas, coffees, and more. Stage 2 has a modern decor and a relaxing ambiance.

Which Supermarkets Are Located In Dubai Creek Harbour?

Supermarkets in Dubai Creek Harbour are convenient and accessible for residents and visitors who need to shop for their daily essentials. There are several supermarkets in or near the area that offer a variety of products such as groceries, fresh produce, bakery items, dairy products, meat products, frozen food items, beverages, snacks, household items, personal care items, and more. Some of the supermarkets that are located in Dubai Creek Harbour are:

• W Mart: This is a supermarket chain that offers quality products at affordable prices. W Mart has branches in several locations across Dubai, including one in Dubai Creek Residences North. W Mart also provides online shopping and delivery services to its customers.
• Spinneys: This is a supermarket chain that offers premium products from local and international brands. Spinneys has branches in several locations across Dubai, including one in The Island District. Spinneys also provides online shopping and delivery services to its customers.
• Carrefour: This is a hypermarket chain that offers a wide range of products from different categories such as food, electronics, home appliances, fashion, beauty, and more. Carrefour has branches in several locations across Dubai, including one in Festival Plaza Mall, which is a 15-minute drive from Dubai Creek Harbour. Carrefour also provides online shopping and delivery services to its customers.

Which Beaches Are Located Near Dubai Creek Harbour?

Beaches near Dubai Creek Harbour are not very close, but there are some beaches that are within a 30-minute drive from the area. Some of the popular beaches near Dubai Creek Harbour are:

• Jumeirah Beach Park: This is a public beach park that offers a sandy beach with lifeguards, showers, changing rooms and sunbeds. It also has a park with grassy areas, trees, benches and playgrounds.
• Kite Beach: This is a public beach that offers a sandy beach with lifeguards, showers, changing rooms and sunbeds. It also has a water sports centre that offers activities such as kite surfing, stand-up paddle boarding and kayaking.
• JBR Beach: This is a public beach that offers a sandy beach with lifeguards, showers, changing rooms and sunbeds. It also has a promenade with shops, cafes, restaurants and entertainment venues.

Which Malls Are Located Near Silicon Oasis Dubai?

Malls near Dubai Creek Harbour are not very far, but there are some malls that are within a 15-minute drive from the area. Some of the popular malls near Dubai Creek Harbour are:

• Festival Plaza Mall: This is a community-oriented mall that offers a range of products and services, such as fashion, electronics, home furnishings, beauty, health, banking and education. It also has a hypermarket, a cinema, a food court and a family entertainment centre.
• Ibn Battuta Mall: This is one of the largest and most unique malls in Dubai, with over 400 retail outlets inspired by the travels of the famous explorer Ibn Battuta. It also has a cinema, an aquarium, a museum and a hotel.
• The Outlet Village: This is an indoor shopping destination that offers discounted prices on over 200 international brands such as Adidas, Nike, Tommy Hilfiger and Michael Kors. It also has cafes and restaurants.

Which Churches, Temples And Mosques Are Located Near Silicon Oasis Dubai?

Churches, temples and mosques near Dubai Creek Harbour are not very close, but there are some places of worship that are within or near the area. Some of the churches, temples and mosques near Dubai Creek Harbour are:

• St. Mary’s Catholic Church: This is one of the oldest and largest churches in Dubai, serving the Catholic community since 1967. It is located in Oud Metha Road, which is about 20 minutes away from Dubai Creek Harbour.
• Gurunanak Darbar Sikh Temple: This is one of the largest Sikh temples in the region, serving the Sikh community since 2012. It is located in Jebel Ali Gardens, which is about 25 minutes away from Dubai Creek Harbour.
• Shiva Temple: This is one of the oldest Hindu temples in Dubai, serving the Hindu community since 1958. It is located in Bur Dubai Souk, which is about 30 minutes away from Dubai Creek Harbour.
• Masjid Al Waha: This is the main mosque in Dubai Creek Harbour, located in the Residential District. It is a large and modern mosque that can accommodate up to 2,000 worshippers. It also has a library, a lecture hall and a cafeteria.
• Masjid Al Rahman: This is another mosque in Dubai Creek Harbour, located in the Logistics District. It is a smaller and simpler mosque that can accommodate up to 500 worshippers. It also has a parking area and a washroom.

How Is The Rental Market In Dubai Creek Harbour?

The rental market in Dubai Creek Harbour is one of the most attractive and competitive markets in Dubai, as it offers a variety of properties for different budgets and preferences. According to [Bayut] , one of the leading real estate portals in the UAE, some of the trends of the Dubai Creek Harbour rental market are:

Property Type	Average Rent per Year (AED)	Average Rent per Month (AED)	Average Rent per Square Foot (AED)
Studio Apartment	40,000	3,333	66
1-Bedroom Apartment	70,000	5,833	72
2-Bedroom Apartment	110,000	9,167	76
3-Bedroom Apartment	160,000	13,333	80
4-Bedroom Apartment	250,000	20,833	86

The rental market in Dubai Creek Harbour is expected to witness more growth and development in the coming years, as more projects are completed and delivered, more residents move in, more businesses operate, more events take place, and more infrastructure is developed.

How Is The House Sale Market In Dubai Creek Harbour?

The house sale market in Dubai Creek Harbour is one of the most promising and lucrative markets in Dubai, as it offers a unique opportunity to own a property in a world-class and futuristic community. According to [Property Finder] , one of the leading real estate portals in the UAE, some of the trends of the Dubai Creek Harbour house sale market are:

Property Type	Price Range (AED)
Minimum	Average	Maximum
Studio Apartment	650,000	1,000,000	1,500,000
1-Bedroom Apartment	800,000	1,500,000	2,500,000
2-Bedroom Apartment	1,200,000	2,000,000	3,500,000
3-Bedroom Apartment	1,800,000	3,000,000	5,000,000

The house sale market in Dubai Creek Harbour is expected to witness more growth and development in the coming years, as more projects are completed and delivered, more residents move in, more businesses operate, more events take place, and more infrastructure is developed.

Frequently asked questions about Damac Lagoons?

Dubai Creek Harbour is a community that offers a unique opportunity to experience the natural and urban aspects of Dubai. Here are some of the frequently asked questions about Dubai Creek Harbour and their answers.