DISTRESS DEAL | 1-BEDROOM IN PALACE RESIDENCES CREEK BLUE | CREEK HARBOUR | – 26%

Creek Harbour is a long-term master development with direct views of Downtown Dubai and the Burj Khalifa skyline, anchored by the future Dubai Creek Tower. The area is fully connected via Al Khail Road and Ras Al Khor Road, with the Creek Harbour metro station under the Blue Line expansion expected to serve the district.

WHY THIS IS A DISTRESS DEAL

The seller is offloading at AED 1,871,000 against a total acquisition cost of over AED 2.5 million including transfer fees. The 26.5% gap between cost basis and asking price is not a negotiating opener — it reflects a genuine exit position.

At this price level, a buyer steps in below what any comparable new unit in the same project or adjacent Emaar towers would cost at SPA today. For investors, the entry point also positions the asset well ahead of Q1 2029 handover, with Creek Harbour pricing historically appreciating through construction completion.

PROPERTY DETAILS

The unit sits on a high floor in the 31–36 range, a corner layout with balcony.

At 907 sq ft for a one-bedroom, the floorplate is generous by Creek Harbour standards. Community and road views from this elevation still carry the

Creek Harbour open-sky quality without the premium attached to direct water or Burj Khalifa-facing orientations — which is reflected in the pricing and makes this a more liquid resale asset for the next buyer.

PAYMENT PLAN

The seller’s remaining payment schedule is available on request.

Buyers taking assignment step into the existing SPA with Emaar, retaining the original payment plan structure.

Off-plan mortgage eligibility applies subject to lender criteria and construction progress at time of application.