Today we would like to tell you about one of the most promising areas of the city, which is being fully developed by developer Emaar. Let me remind you that it is this developer that has created a significant part of Dubai, including landmarks such as the Burj Khalifa, the first towers in Dubai Marina, and entire communities like Dubai Hills.
What’s interesting about Dubai Creek Harbour?
It’s an undervalued location with huge yield potential. Let’s tell you why we think so. If we had to briefly describe the area to someone who hasn’t been there, we would call it “the new upmarket version of Dubai Marina”.
Why the comparison?
Many people are familiar with Dubai Marina – even if they haven’t been there in person, they’ve probably seen pictures or videos. This neighborhood immediately evokes the right associations.
How is Creek similar to Dubai Marina?
– Future island and canal: The neighborhood is currently a peninsula that will be turned into an island surrounded by a canal in the future.
– Marina: There is a recognizable marina that will be a center of attraction for mariners.
– High-rise development: There are many high-rise buildings and skyscrapers in the neighborhood.
– Promenade: The spacious promenade is the main place of recreation for residents and guests of the district.
– Sandy Beaches: Paved beaches where you can enjoy a relaxing beach vacation.
Why is this the “new elite version”?
1. Modernity: Unlike the older Dubai Marina, which was developed after 1990, Creek is one of the newest communities, with modern architecture, finishes and infrastructure.
2. Better layout: The developer has taken into account the mistakes of past projects – Creek has more green areas and spacious public spaces, making it more pedestrian-friendly.
3. Proximity to the center: Creek is much closer to the business center of the city (Business Bay, where Burj Khalifa and Dubai Mall are located) – only 10 minutes instead of 20-25 minutes. This convenient location attracts expats working in the center, and Creek is also 3 times closer to the airport.
4. Gorgeous waterfront: The waterfront at Creek is really impressive – the photos and videos speak for themselves. These shots were taken on a regular phone, no photoshop – everything looks so spectacular in real life as well.
5. Unique view of the city center: The waterfront offers a stunning view of the Burj Khalifa and the city center that is hard to find in other parts of Dubai.
6. Adjacent to the Pink Flamingo Sanctuary: Nearby is the Ras Al Khor Sanctuary where you can watch flamingos in their natural habitat with a magnificent view of the Burj Khalifa.
Conclusion
There is a myth that Creek is a yet to be fully formed neighborhood that is not suitable for living. But in fact, there are already many residential complexes built in the area, where expats live and tourists stay (which is rare for new locations and an important indicator). There are schools, clinics, pharmacies and stores.
Dubai Marina wins on two counts:
1. proximity to the sea: This is an important factor that will always influence the value of real estate in this area, providing maximum liquidity.
2. Developed infrastructure: So far the infrastructure in Marina is more developed, but Creek is being actively developed. Already soon the canal that forms the future island will be fully completed and the neighborhood will become even more attractive.
Summary
Let’s recap the pros of the Creek neighborhood:
1. Novelty and modern architecture.
2. The improved layout.
3. Close proximity to the center.
4. Gorgeous embankment.
5. Delightful view of the city center.
6. Proximity to the flamingo sanctuary.
Adding two more:
7. Lack of publicity: Creek is not yet as well known, which makes it attractive to investors – the neighborhood is not overheated and has potential for growth.
8. Low prices: The cost of real estate in Creek is more than 40% lower than in Dubai Marina.
Summarizing all of the above, we can conclude that there is a high potential for return on investment in the Dubai Creek Harbour area.
