Distress Deal: Palace Residences, Dubai Creek Harbour | 1BR | Ready to Move | AED 1.85M

Experience ultra-luxury waterfront living in a Ready to Move 1-bedroom apartment at Palace Residences, Dubai Creek Harbour. This 727 sq. ft. residence is offered at a distress price of AED 1,850,000, representing a significant value play for an Emaar-branded property in a fully operational community. Completed in late 2024, this unit is perfect for end-users seeking immediate occupancy or investors looking for instant rental yields in Dubai’s most successful new master development.

Property Specifications

• Project: Palace Residences

• Developer: Emaar Properties

• Location: Dubai Creek Harbour (Waterfront)

• Unit Type: 1-Bedroom Apartment

• Size: 727 Sq. Ft. (67.5 sqm)

• Status: Ready to Move In

• Completion Year: 2024

• Asking Price: AED 1,850,000

• Price per Sq. Ft.: AED 2,544 /sq. ft.

• Reference No.: PF-1766411329479-Apt-LIC-49967

Investment Highlights

• Emaar Branded Luxury: Palace Residences is the signature hotel-serviced brand of Emaar, ensuring world-class finishing and five-star management.

• Immediate ROI: As a ready-to-move-in unit, you can start generating rental income or avoid rent payments immediately.

• Capital Appreciation: Located in the heart of the Island District, just steps away from the Central Park and the Creek Promenade.

• High Liquidity: 1-bedroom units in Dubai Creek Harbour are the most traded asset class due to high demand from young professionals and couples.

Five-Star Amenities

Residents of Palace Residences enjoy access to an extensive array of world-class facilities:

• Leisure & Wellness: Infinity Swimming Pool, Rooftop Lounge, Sauna, Outdoor Gym, and Meditation Area.

• Sport & Activity: Badminton Court, Sports Facilities, and Picnic Areas.

• Community Lifestyle: Outdoor Cinema, Club House, BBQ Areas, and Kids Play Area (Indoor/Outdoor).

• Convenience: EV Charging Stations, Retail Outlets, Restaurants, Cafes, and 24/7 Security.

Location & Connectivity

• Creek Promenade: 2 Minutes (Walking)

• Dubai Festival City: 10 Minutes

• Downtown Dubai / Burj Khalifa: 15 Minutes

• Dubai International Airport (DXB): 15 Minutes

• Ras Al Khor Wildlife Sanctuary: 5 Minutes