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Why Dubai Creek Harbour in 2024?

Dubai creek harbour

Table of Contents

Introduction

Located close to the famous Ras Al Khor wild sanctuary on Dubai Creek, Emaar has perfectly developed a space that not only captures the essence of downtown living but also the calmness of Dubai Marina. This is more than just a community with a connection to a lifestyle where downtown, Dubai Marina, and lush greenery unites. Today we are going to discuss the latest project in Dubai Creek Harbour – AEON. Please continue reading to know the real potential of this community.

dubai creek harbour

Community division in dubai creek harbour

Dubai Creek Harbour has three divisions, which are Creek island, Creek Beach and the Mainland. Here Aeon is perfectly placed in the Mainland, that comes next to one of the 4 metro stations that is definitely going to be an element that drives the value of this project. 

Aeon Apartment in dubai creek harbour

Dubai Creek Harbour is a Mid rise residential tower with approximately 35 to 40 levels. Here you can choose your unit from a selection of 1 to 3 Bedroom apartments, where the price for a 1 BR apartment starts at 1.7 million. While considering the previous projects within Dubai Creek Harbour, this project is going to be slightly more generous in its size. 

Why Dubai Creek Harbour in 2024?

Connectivity in dubai creek harbour

Here this community is perfectly connected; it has efficient road connectivity, bus networks and metro stations. From Dubai Creek Harbour it takes roughly 14 min to Dubai Mall, 25 min to Palm Jumeirah, 24 min to Burj Al Arab and 29 min to The Walk JBR. In terms of Airport proximity, Dubai International Airport is roughly 15 min drive and the Al Maktoum International Airport is 40 min

Price comparison; Downtown vs Downtown 2.0

Now let’s talk about the potential that this community holds; comparing the community with the highly contributing and the most popular area of Dubai which is Downtown Dubai, the price per sq ft lies around 2700-3000 per sq ft. Whereas Dubai Creek Harbour, which is going to be an upgraded version of Downtown Dubai with the tallest structure, is priced between 2000-2200 per sq ft. And this is literally making it evident that Dubai Creek Harbour is currently making these properties available at a reasonable price. Also keep in mind that Dubai Creek Harbour offers everything twice more than that of Downtown Dubai. 

Rental trends

Coming to the rental trends, the rental income has increased 50% in Dubai Creek Harbor and has reached AED 1,00,000 from 50000 in the year 2023. Which means in every sense it is going to reward you more than what you expect.

Burj Khalifa vs Creek Tower

From the comparison of the Creek Tower with Burj khalifa it is easy to conclude that in future there will be more footfall than Burj khalifa here. The reason is that this is going to take fame as the world’s tallest tower over Burj khalifa. As per the current reports from prominent entities, Burj Khalifa is the world’s most popular landmark that accommodates 17 million visitors annually. And the highlight is that most of them are HNWI and UHNWI. Similarly, once the Creek Tower is operational it will attract people and act as an element that increases the value of the properties within the community and will definitely become the next most popular landmark.

Appealing Factors to Draw investors Attention

Investing in Dubai properties offers both short and long-term profits. Prices are steadily rising with off-plan properties showing a 37.9% increase in 2023. If you buy during the time of construction, you could make 30-45% profit after the completion. As Emaar projects are equally good for selling and renting, it offers opportunities for both resale and rental, with one-bedroom apartment earning a 5.2% annual profitability. 

Final Thought ​

If you’re going to consider this project, know that you’re investing in one of the biggest master planned communities in terms of a city community, which was among the top locations of 2023, with over 7.8 billion in sales, with an expectation to acquire more in the upcoming years. Now our suggestion is not to miss this opportunity. Because, if you take a look at the transactions, profits gained from rental income and the capital appreciation of Downtown Dubai over the past years you will never want to miss this opportunity. So, get in touch if you need any assistance on this project.

FAQ's ​

Where is Dubai Creek Harbour located?

Being located strategically on the bank on dubai Creek, this place offers a great connectivity such as;
Ras Al Khor Road: 10 min
Nad Al Hamar Road: 10 min
Downtown Dubai: 15 mins
Al Maktoum International Airport: 40 min
Dubai International Airport: 10 min

What is special about Dubai Creek Harbour?

Dubai Creek Harbour is a beautiful community consisting of nine beautiful districts spread across a wide extensive area. The main specialty of this community is the embracement with nature by being located next to the Ras Al Khor Nature Reserve, which is home to about 450 species of rare animals including pink flamingos.

Is Dubai Creek Harbour fair enough to invest?

In 2020, here the price per sq ft was between AED 1400-1500, and by 2024 it reached a tremendous AED 2200 per sq ft. So it shows a clear 45%+ appreciation over 3 years. In the next 3 years the prices are expected to touch AED 3000 per sq ft. In terms of rental income it has witnessed an increase of 50%. In the starting stage the rental prices were AED 50K and that has now reached AED 100K. All these facts indicate Dubai Creek Harbour as one of the best investment choices in Dubai.

How to go to Dubai Creek Harbour?

Bus lines that stop nearby Dubai Creek Harbour include lines 53 and X64. Both lines stop at Waha Community Centre 1.

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