Skip to content
Disruptive Real Estate

Ellington Properties · Business Bay

The Crestmark

  • Apartments
  • Penthouses
Starting from
AED 1,626,828
Bedrooms
Studio–4 BR
Size
493–6,104 sqft
Payment plan
Flexible
Completion
25%
Available
191 / 191
Handover
Q1 2026

About The Crestmark

Business Bay Off Plan Apartments

The Crestmark is a single 18-storey residential tower on the Dubai Water Canal in Business Bay, developed by Ellington Properties. The building configuration is ground plus three podium levels plus 18 residential floors, holding 191 units across studios, 1, 2 and 3-bedroom apartments and a run of 3 to 4-bedroom penthouses. Anticipated completion is Q1 2026, and the project sits at 24.62% construction progress according to Dubai Land Department records.

As one of the more design-led off plan business bay launches, the tower is positioned as a waterside address rather than a generic mid-rise. Direct access to the canal boardwalk from the ground floor lobby level ties the building physically into the water's edge rather than treating it as a backdrop.

Apartments in Business Bay Unit Mix

The unit mix runs from 15 studios sized 493 to 538 sq ft, through 62 one-bedroom units at 747 to 1,074 sq ft, 83 two-bedroom units at 1,046 to 1,584 sq ft, and 26 three-bedroom units at 1,593 to 3,080 sq ft. Three penthouses spanning 3 to 4 bedrooms top out at 2,742 to 6,104 sq ft. Studio, 1 and 2-bedroom units carry one parking space each, while 3-bedroom units and penthouses carry two.

Pricing starts from AED 1,426,828 for a studio, AED 2,100,828 for a one-bedroom, AED 2,831,828 for a two-bedroom, and AED 4,230,828 for a three-bedroom, positioning the project within the mid-to-upper tier of business bay apartments currently on the market.

Amenities and Building Design

Podium-level amenities include a leisure and lounge pool, an infinity pool with a Baja shelf, a separate kids pool, cabanas, and a courtyard with a kinetic garden. Indoor recreation includes a mini bowling alley, arcade room, TV game room and a secret club room with its own bar, kitchenette and terrace. A fitness studio and treadwall sit alongside separate male and female change, steam and sauna facilities.

Ground-floor design features a lobby lounge with a library area, a dedicated Kidtropolis World play zone for children, a hub desk, and bicycle parking with a wash area. The building runs four passenger elevators and one service elevator, and the anticipated service charge is AED 18 per sq ft.

Business Bay Property Investment Case

Business Bay's draw for buyers comes from its position between Downtown Dubai and Dubai Water Canal, giving direct canal frontage without Downtown pricing. For anyone assessing business bay property investment, the location shortens commute times to DIFC, Downtown and Dubai International Airport while offering waterside living that few other central districts can match.

The staggered payment plan, 20% at booking, 40% split across four construction-linked and time-based instalments before completion, and 30% on completion with a final 5% after handover, reduces upfront cash commitment relative to fully front-loaded plans common elsewhere in the market.

Key highlights

  • 191 units across studios to 3 to 4-bedroom penthouses in a single 18-storey tower
  • Direct access to the Dubai Water Canal boardwalk from ground level
  • Anticipated completion Q1 2026
  • Starting from AED 1,426,828 with a 30% post-handover-style back-loaded payment plan
  • 5 minutes from Business Bay Metro Station and Business Bay Marina
  • Developed by Ellington Properties

Why this project

  • Waterside 18-storey tower on Dubai Water Canal in Business Bay with direct boardwalk access and Kidtropolis kids' zone.

Amenities

  • Leisure and lounge pool
  • infinity pool
  • kids pool
  • cabanas
  • mini bowling alley
  • arcade room
  • TV game room
  • secret club room with bar
  • fitness studio

Location

Connectivity from The Crestmark

The Crestmark is 5 minutes from Business Bay Metro Station and Business Bay Marina, 8 minutes from Dubai Mall, Burj Khalifa and Dubai Opera, and 9 minutes from Dubai Design District and the Museum of the Future. DIFC is roughly 4 minutes away and Meydan Golf Course around 12 minutes.

Further out, Dubai International Airport is about 14 minutes by car, Mall of the Emirates around 15 minutes, and Palm Jumeirah approximately 20 minutes, keeping the tower within a half-hour radius of most of Dubai's key commercial and leisure hubs.

Neighbourhood Character

Business Bay has evolved from a pure commercial district into a mixed residential and business hub anchored by the Dubai Water Canal, home to waterfront promenades, F&B strips and a growing stock of apartments in business bay aimed at both end-users and investors. Its position adjacent to Downtown Dubai, combined with direct canal access, is what the district is best known for among buyers scanning properties for sale in business bay.

Payment plan

20% booking, 10% at 30 days, 10% at 90 days, 5% at 150 days, 5% at 240 days, then 5% instalments at 30%, 40%, 50% and 60% construction, 30% on completion

Project information

Developer
Ellington Properties
Location
Business Bay
Handover
Q1 2026
Total units
191
DLD Project #
2832

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

The Crestmark — handover progress

25%
LaunchSept 2023
Today3mo to handover
HandoverQ1 2026

Resale at The Crestmark

24 transactions · last 12 months

Avg / sqft
AED 2,694
Avg price
AED 3,185,794
Year-on-year
-0.1%
Range
AED 1,290,828AED 10,811,828
By unit size
  • StudioAED 2,962/sqft2 sales
  • 1 BRAED 2,568/sqft11 sales
  • 2 BRAED 2,659/sqft7 sales
  • 3 BRAED 2,852/sqft4 sales

Business Bay market

studio · 1,909 sales analyzed

High activity
Avg / sqft
AED 2,556
Sales last 6 mo
306
Year-on-year
-9.2%
Off-plan vs ready
28.7% pricier
AED 2,775 vs 2,157
3.6%

Indicative gross yield

At the starting price of AED 1,626,828, typical rent for a studio in Business Bay (AED 57,800/year, ~AED 4,800/month) implies a 3.6% gross yield.

Based on 500 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.

Bedrooms available at The Crestmark

Frequently asked questions about The Crestmark

Which area is Business Bay in Dubai?

Business Bay sits directly south of Downtown Dubai, wrapped around the Dubai Water Canal, and is one of the city's central mixed-use business and residential districts.

Is Business Bay a good area to buy off-plan property?

Business Bay combines central connectivity, canal frontage and a growing amenity base, making it a consistently active segment for off-plan business bay launches like The Crestmark.

Who is the developer of The Crestmark?

The Crestmark is developed by Ellington Properties, a Dubai-based developer known for design-focused residential projects.

How many units does The Crestmark have?

The Crestmark has 191 units across a single 18-storey tower, comprising studios, 1, 2 and 3-bedroom apartments plus 3 to 4-bedroom penthouses.

What is the starting price at The Crestmark?

Studio units start from AED 1,426,828, with 1-bedroom units from AED 2,100,828 and 2-bedroom units from AED 2,831,828.

When is The Crestmark expected to be completed?

The anticipated completion date is Q1 2026.

What amenities does The Crestmark offer?

Amenities include an infinity pool, kids pool, mini bowling alley, arcade room, fitness studio with treadwall, a secret club room, and direct access to the Dubai Water Canal boardwalk.

What is Business Bay known for?

Business Bay is known for its canal-side promenades, dense commercial towers and proximity to Downtown Dubai, DIFC and Dubai Mall, making it one of Dubai's most central mixed-use districts.

Get the The Crestmark brochure

Floor plans, payment plans and current availability — direct from Ellington Properties via Disruptive Real Estate. No inflated commissions, no spam. One business-day reply.

By submitting, you agree to be contacted by Disruptive Real Estate (RERA ORN 1167819) about The Crestmark. We never share your details.

More off-plan projects in Business Bay

View all Business Bay off-plan projects →

Last updated · Browse all Dubai off-plan projects

CallWhatsApp