About Palace Residences North
Palace Residences North is owned by one of Dubai's leading property developers, Emaar Properties. Two multi-story buildings are under construction in Dubai Creek Harbour. The complex features premium apartments with one to three bedrooms and a limited series of townhouses. For residents of the complex, a wide range of amenities is available, including:
- landscape garden;
- gym with modern equipment;
- parking spaces for cars;
- playing area for children.
Guests can also access the nearby Palace Hotel. It features popular cafes and restaurants near Palace Residences North, as well as a spa. Guests can also use the 24-hour concierge service. Apartments at Palace Residences North in Dubai Creek Harbour comprise 335 residences with different types of layouts, depending on the floor and number of bedrooms. The apartments are ready to move into. They are equipped with built-in furniture and plumbing. Organize the free space according to your preferences with an open plan. The interiors are designed in a modern style, with a bright color palette and natural lighting, and boast panoramic windows with views of Dubai Creek Bay. The decoration uses modern materials of high quality. Apartments are connected to the Smart House system for the convenience of living.
Attractions near Residences North
The main attraction of the community will be the Creek Tower. When completed, the unique-shaped skyscraper featuring multiple observation decks is expected to become the tallest building in the world. It will host a variety of shops, restaurants, cinemas, and other entertainment venues.
There is a natural reserve, a pink flamingo reserve, and a promenade near the residential complex. Downtown Dubai’s central district, home to iconic attractions such as the Burj Khalifa skyscraper and dancing fountains, is a 10-minute drive away. You can rent a car at Palace Residences North to get around the city quickly.
Malls and supermarkets near Palace Residences North
The Palace Residence North is a part of the Dubai Creek Tower district development plan. The area covers more than 2.5 square kilometers and will have an abundance of shopping and entertainment options, with shops and restaurants. Consumers may choose to shop at affiliate locations of chain supermarkets or in malls found in the surrounding areas.
Investment in Palace Residences North
Real estate in the community is traditionally in demand. The ROI is 5.2% per annum. Dubai Creek Harbour's real estate investments are potentially wise. Short- and long-term investments can be considered:
- The short term allows you to profit from the purchase of housing at the stage of construction and further resale after completion of the complex. The benefit is tens of percent of the original price in this case.
- The long-term strategy is to generate rental income. Foreigners may own and dispose of immovable property in the region as they see fit. Real estate can be purchased and transferred to local agencies in Dubai for investment purposes. For a small percentage, they will take over the search for tenants and control of the housing.
Buying a property in Palace Residences North
The site offers apartments and houses at the developer's price. A profit-sharing scheme of 80/20 is used to sell housing. The initial fee is only 10%. 20% of the cost is paid at the time of delivery of the LCD, which is planned for the second quarter of 2027. Specialists will help you choose the right property.