Off-plan2020-11-05
Emaar Properties · Dubai Creek Harbour
Palace Residences Creek Blue comprises two residential towers set within Dubai Creek Harbour, one of Dubai's most active master-planned communities. Tower 1 rises across 49 residential floors topped by a roof level; Tower 2 stands at 11 residential floors with its own roof. Together the development delivers 512 saleable residential units alongside three ground-floor retail units, all sitting above a basement, ground floor, and three podium levels. Construction began in August 2024, with DLD recording a project-end date of March 2029.
The towers are positioned adjacent to Creek Beach, a district purpose-built for pedestrian-oriented living. Unobstructed sightlines to Dubai Creek and the lush greenery of Central Park are built into the layout, so the majority of apartments benefit from panoramic water or parkland views rather than facing inward to other structures.
The project offers 1-, 2-, and 3-bedroom apartments, each designed around floor-to-ceiling windows that maximise natural light and frame the surrounding skyline. Interiors combine contemporary kitchens, high-specification bathrooms, and open-plan living areas that extend to private balconies — an indoor-outdoor configuration suited to year-round use in the Gulf climate.
Palace Residences Creek Blue carries the Palace Hotels and Resorts brand, part of the Address Hotels + Resorts portfolio. That affiliation translates into branded finishes, a defined service standard, and access to the hospitality infrastructure that the Palace brand has built across its global properties. For buyers evaluating apartments in Dubai Creek Harbour, the hotel-brand link provides a consistent quality benchmark that is independently recognisable.
On-site amenities are concentrated on the landscaped podium level and include a glass-enclosed fitness pavilion with direct pool views, a multipurpose and games room, separate adults' and children's pools, and dedicated BBQ areas. The podium connects directly to the waterfront promenade, giving residents walkable access to the Creek Beach boardwalk without crossing a road.
Secure parking is provided within the basement and podium levels. The proximity to the RTA ferry terminal and the planned metro station — referenced across Dubai Creek Harbour's connectivity infrastructure — means car-free mobility is a practical option rather than an aspiration.
Emaar Properties is the largest real estate developer outside China by its own reporting, with a market capitalisation of AED 70.09 billion and a net profit of AED 11.6 billion for FY 2023. Palace Residences Creek Blue is registered under DLD project number 3147 with an active escrow account at Abu Dhabi Commercial Bank, providing the statutory payment protections applicable to off-plan projects in Dubai. For investors looking to buy properties in Dubai, the development offers the opportunity to acquire a residence within a regulated project backed by one of the UAE’s leading developers.
Dubai Creek Harbour property investment has attracted sustained demand on the back of the community’s 7.4 million sqm of residential space, 500,000 sqm of parks, and the planned Creek Tower landmark. Palace Residences Creek Blue is positioned within the Creek Beach district — a sub-zone with its own beach access, cycling track, and skate park — which has historically commanded a premium over standard creek-facing inventory. With handover scheduled for Q1 2029, buyers considering opportunities to buy properties in Dubai at the current construction stage (1.58% complete as of DLD records) are entering at an early point in the development cycle.
Palace Residences Creek Blue sits 10 minutes from Downtown Dubai and 15 minutes from Dubai International Airport by road. The future Blue Line metro — planned to serve Dubai Creek Harbour — will add a rail connection to the existing Red and Green Line network once operational. The RTA ferry terminal at Creek Marina is within walking distance, offering an alternative waterborne route to Deira and other creek-side destinations.
Al Khail Road and Ras Al Khor Road provide direct highway access, keeping Dubai Marina approximately 25 minutes away and both international airports within a 40-minute radius.
Creek Marina — a short walk from the towers — is located in one of the most desirable areas in Dubai, featuring an 81-berth yacht club, a sculptural viewing deck facing Downtown Dubai, licensed dining along the promenade, and the Vida Creek Harbour Hotel. Central Park, spanning the equivalent of six football fields, provides the community’s primary green open space with a kids’ play area, skating zones, a lawn amphitheatre, splash pad, fitness plaza, and dog park. Creek Island’s marina, five-star hotels, and licensed bars and restaurants further enhance the lifestyle appeal of these areas in Dubai, offering residents a well-connected waterfront environment within the wider master community.
DLD-verified today
Real Dubai Land Department transactions and rent contracts — not developer marketing.
120 transactions · last 12 months
1 br · 1,792 sales analyzed
At the starting price of AED 1,825,000, typical rent for a 1 br in Palace Residences (AED 100,000/year, ~AED 8,300/month) implies a 5.5% gross yield.
Based on 47 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.
Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.
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