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Creek Palace towers by Emaar beside the canal at Dubai Creek Harbour
By Address Hotels + ResortsHandover soon

Creek Palace

Apartments by Emaar Properties in Dubai Creek Harbour, Dubai

Branded canal-facing homes next to the Palace hotel on Creek Island

Starting price
AED 1,130,000
Payment plan
70/30
Handover
Q1 2026
Expected gross yield
—
beds
1 – 3 beds
Price per sq.ft
—
  • Emaar × Address Hotels + Resorts

    Branded canal-facing homes next to the Palace hotel.

  • Five-star hotel services

    On-demand housekeeping, valet, concierge and hotel discounts.

  • Burj Khalifa and Creek Beach views

    Iconic skyline, canal and beach vistas from Creek Island.

  • From AED 1.13 million

    Starting price for one-bedroom apartments.

  • 70/30 payment plan

    70% during construction and 30% on estimated completion.

  • Waterfront villas

    Three-bedroom canal-facing villas above Creek Promenade retail.

Overview

Creek Palace is a branded Emaar and Address Hotels + Resorts collection of one-, two- and three-bedroom apartments and three-bedroom canal-facing villas on Creek Promenade, Creek Island, next to the Palace hotel. Homes range from 642 to 2,287 sq ft with prices from AED 1.13 million, with views of Creek Beach and Burj Khalifa.

Creek Palace at Dubai Creek Harbour: Sophisticated Luxury Meets Island Living

Creek Palace is a collection of branded, canal-facing homes by Emaar in association with Address Hotels + Resorts, located on Creek Promenade at the heart of Creek Island in Dubai Creek Harbour. It sits next to the Palace hotel, giving residents easy access to five-star services, with views of the Dubai skyline, Burj Khalifa, Creek Beach and the canal.

Residence Types and Starting Prices

Creek Palace offers one-, two- and three-bedroom apartments and three-bedroom waterfront villas. Areas shown are total areas including balconies.

  • 1 Bedroom apartments: 642 to 643 sq ft, from AED 1.13 million.
  • 2 Bedroom apartments: 1,053 to 1,116 sq ft, from AED 1.57 million.
  • 3 Bedroom apartments: 1,651 to 2,287 sq ft, from AED 2.76 million.
  • 3 Bedroom waterfront villas: 1,902 to 1,926 sq ft, from AED 3.69 million.

Amenities and Hotel Services

Amenities include an infinity-edge pool, a kids' pool and play area, a state-of-the-art gym, a dedicated yoga room, tennis courts, BBQ areas and lawns, and floating decks for socialising and events. Residents can also use on-demand housekeeping, valet and concierge services and enjoy discounts at hotel facilities, with a dedicated lift down to the retail promenade and its gourmet dining.

Location and Connectivity

Creek Palace is a gateway to the island district: about 5 minutes on foot to Central Park, 10 minutes on foot to Creek Marina, and a short crossover to Creek Beach. Retail and entertainment sit at Creek Promenade right below the villas.

Flexible Payment Plan

Buyers pay 10% on booking, followed by six instalments of 10% each and a final 30% on estimated 100% construction completion in March 2026. This matches the 70/30 structure of the limited-time plan.

About the Developer

Emaar Properties is the developer of Burj Khalifa and The Dubai Mall, and Creek Palace is delivered with Address Hotels + Resorts, whose Palace brand is known for award-winning hospitality.

Why investors like it

Why Invest in Creek Palace

Creek Palace combines hotel-branded living with a central Creek Island location and some of the lowest entry prices in its segment.

  • Branded living: developed by Emaar with Address Hotels + Resorts, next to the Palace hotel.
  • Entry-level prices: one-bedroom apartments start from AED 1.13 million, with canal-facing villas from AED 3.69 million.
  • Island location: walking distance to Central Park, Creek Marina and Creek Promenade retail and dining.
  • Staged payments: 10% on booking and a 70/30 structure, with the final 30% on estimated completion.

Returns are not guaranteed. Speak to our team for current availability and a personalised comparison.

Payment plan · 70/30

How 70/30 works on a AED 1,130,000 unit

  1. Down Payment

    On booking · On booking

    10%

    AED 113,000

  2. 1st Instalment

    During construction · Jun 2022

    10%

    AED 113,000

  3. 2nd Instalment

    During construction · Jan 2023

    10%

    AED 113,000

  4. 3rd Instalment

    During construction · Nov 2023

    10%

    AED 113,000

  5. 4th Instalment

    During construction · May 2024

    10%

    AED 113,000

  6. 5th Instalment

    During construction · Nov 2024

    10%

    AED 113,000

  7. 6th Instalment

    During construction · May 2025

    10%

    AED 113,000

  8. Final Instalment on Completion

    On handover · Mar 2026 (est. 100% construction completion)

    30%

    AED 339,000

Units & floor plans

Get all floor plans (PDF)
UnitbedsSizePrice per sq.ftPrice
1 Bedroom Apartment1 bed642 sq.ft60 sq.m1,760AED 1,130,000
2 Bedroom Apartment2 beds1,053 sq.ft98 sq.m1,491AED 1,570,000
3 Bedroom Apartment3 beds1,651 sq.ft153 sq.m1,672AED 2,760,000
3 Bedroom Waterfront Villa3 beds1,902 sq.ft177 sq.m1,940AED 3,690,000

Prices are from the developer's latest price list and can change without notice.

Investment calculator

Investment calculator

Net figures after transfer fees, closing costs and service charges. Toggle financing to see cash-on-cash return.

AED 1,130,000
642 sq.ft
6.5%
5%
5 years
Service charge · Transfer fee · Other closing costs⌄

Net rental yield

5.34%

Net rent ÷ total acquisition cost

Annualised return

8.24%

CAGR on your cash over the holding period

Total profit

AED 575K

Projected value in 5 years

Value, equity and cumulative rentProperty valueYour equityCumulative net rent
AED 0379K757K1.14M1.51MYear 1Year 2Year 3Year 4Year 5
Total acquisition cost
AED 1,183,200
Cash invested
AED 1,183,200
Gross rent / year
AED 73,450
Net rent / year
AED 63,178
Projected value in 5 years
AED 1,442,198
Capital appreciation
AED 312,198
Rent collected
AED 315,890
Cash not fully recovered in this period

Rent is received from handover, flat for the period. Appreciation compounds annually. Service charges apply from handover. Off-plan instalments are treated as paid in full at acquisition for simplicity. Not financial advice.

Location

Creek Promenade, Creek Island, Dubai Creek Harbour, Dubai, UAE

Getting around

  • Central Park5 min walk
  • Creek Marina10 min walk
Creek Palace master plan

Amenities

  • Concierge
  • Fitness Centre
  • Kids Play Area
  • Retail & Dining
  • BBQ Areas
  • Communal Lawn
  • Floating Decks
  • Infinity-Edge Pool
  • Kids' Pool
  • On-demand Hotel Services
  • Tennis Courts
  • Yoga Zone

Specifications

Residence Layouts+

Typical layouts include one-bedroom apartments of 55–60 sq m, two-bedroom apartments of 90–95 sq m and three-bedroom apartments of about 135 sq m, plus three-bedroom canal-facing villas with private balconies.

Interior Design+

Taking cues from natural elements and combining them with modern design, the luxurious interiors suit modern family living, with views toward Creek Beach and Burj Khalifa.

About the developer

Emaar Properties

118,400+ units delivered

26 projects

Creator of Burj Khalifa and Dubai Mall

Frequently asked questions

What is Creek Palace?+

Creek Palace is a branded Emaar and Address Hotels + Resorts collection of one- to three-bedroom apartments and three-bedroom canal-facing villas on Creek Promenade, Creek Island, next to the Palace hotel.

How much do Creek Palace homes cost?+

Prices start from AED 1.13 million for 1-bedroom, AED 1.57 million for 2-bedroom and AED 2.76 million for 3-bedroom apartments, and AED 3.69 million for 3-bedroom waterfront villas.

What is the payment plan?+

Pay 10% on booking, then six instalments of 10% from Jun 2022 to May 2025, and a final 30% on estimated 100% construction completion in Mar 2026 (a 70/30 structure).

Where is Creek Palace and what is within walking distance?+

Creek Palace is on Creek Promenade at the heart of Creek Island, Dubai Creek Harbour. Central Park is about 5 minutes on foot and Creek Marina about 10 minutes on foot, with a crossover to Creek Beach.

When will Creek Palace be completed?+

The payment plan ends in March 2026 with the final instalment due at estimated 100% construction completion. Dates are estimates; please confirm the current handover status with our team.

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