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Dubai Creek Harbour

Dubai Creek Harbour is a waterfront community located on the bank of Dubai Creek. The community offers various mix-used developments with a sea view, resorts, a yacht-club and marina, retail spaces and entertainment facilities. Dubai Creek Harbour was developed by Emaar Properties.

The project was initially called Lagoons and launched in 2006 by Sama Developments but it was cancelled in 2009 due to the financial crisis.

Originally Lagoons had an area of 70 million sq. ft and a cost of USD 18 billion. In 2013, Emaar presented new masterplan of two high-rise buildings, Dubai Twin Towers, and six residential towers known as Dubai Creek Residences but in 2016 the twin towers were replaced with a single tower.

Designed by neo-futuristic architect Santiago Calatrava, The Dubai Creek Tower, will become the center of Dubai Creek Harbour and will be taller than Burj Khalifa.

Dubai Creek Harbour is very sustainable and easily accessible development, it consists of several self-contained yet connected sub-communities including Creek Beach, Dubai Square and The Island District. Each sub-community features apartment buildings such as Creek Palace, VIDA Residence Creek Beach, The Grand and The Cove.

APARTMENTS

AED 1.600.000

Emaar Creek Waters 1-5BR Apartments

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FAQ

Foreigners can buy property in Dubai and are eligible to apply for a mortgage from both national and private banks. The criteria and terms for loans vary by bank, based on factors such as income and residency.

Investing in Dubai is beneficial due to the absence of property taxes, a growing population, favorable visa policies, strong rental yields, and competitive property prices.

Foreigners are allowed to own 100% of the property in designated “freehold” areas in Dubai, as per the government’s policy.

When compared to many other cities globally, Dubai offers relatively affordable real estate prices per square foot, making it an attractive location for personal property investments.

Foreign investors can obtain a UAE residency visa for ten years by purchasing real estate worth at least AED 2,000,000 in the Freehold Zones, where foreigners are allowed to buy property.

As a property owner in Dubai, you can apply for a renewable 2-year residence visa, provided you maintain ownership and visit Dubai at least once every 180 days.

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