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Real Estate

Dubai Creek Residences ... overwhelming response.

Creekside luxury

01 December 2014

TWO additional luxury towers in Dubai Creek Harbour at The Lagoons were launched last month following overwhelming investor response to the first residential tower in the prestigious project in Dubai, UAE.

The new towers, one 30 and the other 35 storeys and with a total of more than 240 residences, were simultaneously launched at a sales event in Dubai and Abu Dhabi in the UAE and Doha, Qatar. The Lagoons is a joint venture development by Emaar Properties and Dubai Holding.

A part of the six-tower Dubai Creek Residences cluster, the two residential towers are located on the northern front lining the waterfront promenade offering spectacular views of the Dubai Creek and the cityscape.

Ahmad Al Matrooshi, managing director of Emaar Properties, says: “Dubai Creek Residences takes residents back to life at source, celebrating the cultural, environmental and aesthetic value provided by its proximity to the Dubai Creek. We received tremendous response to the first launch, including international investors, who prefer the laidback charm of the development, while being centrally located in the heart of the city.”

Emaar, which will be managing the project, has launched the sale of one-, two- and three-bedroom apartments in the two towers. The spacious homes, designed to the highest standards of aesthetics, range in area from 880 to 2,154 sq ft, and are ideal for families.

Located in the Island District of Dubai Creek Harbour at The Lagoons, the new apartment towers redefine urban lifestyles with a focus on increased connectivity and living in harmony with nature.

With the design inspiration drawn from the creek and heritage surroundings, the homes feature premium finishes and superior lifestyle amenities. The residences are conceptualised to attract ample natural light and offer heightened views of the landscape.

Spread over a land area of 6 million sq m, Dubai Creek Harbour at The Lagoons will feature The Dubai Twin Towers, a mixed-use project billed to be the tallest twin towers in the world.

A master-planned city for tomorrow’s families, with novel technology, integrated transportation systems, environmentally sustainable ecosystems and green open parks, Dubai Creek Harbour is an ambitious city of the future, located as part of the Mohammed bin Rashid City (MBR City). It presents a marina and harbour lifestyle in the heart of the city while placing the highest emphasis on conserving nature and building on the natural flora and fauna. The homes are only minutes away from the Ras Al Khor Bird Sanctuary, a thriving mangrove ecosystem and the abode of migratory birds and flamingoes.

The development will also have cultural amenities, educational facilities, healthcare centres and a wide range of leisure choices, in addition to a dedicated retail precinct offering high-end brands.

Emaar Properties is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa and Asia. One of the world’s largest real estate companies, Emaar has total assets of over $19 billion and a land bank of more than 214 million sq m in key international markets. With a proven track-record in delivery, Emaar has handed over 38,000 residential units in Dubai and other global markets since 2001.

Emaar is also offering long-term investors and end-users the opportunity to register for the Emaar Preferred Access programme, where investors who make a down payment of 30 per cent of the total value of the property will be offered preferred access and the opportunity to own homes.