Nowadays, Dubai Creek Harbour is one of the most attractive communities to invest in. The residential space is 78,576,546 sqft with green parks and open spaces. All the released projects there were developed by Emaar Properties, so high standards are guaranteed.
The area is split into 9 districts: The Island District, The Business District, Park North, Park South, Central Park, The Canal District, The Sanctuary District, The Retail District, and The Urban Core. Thus, it is fair to say that Dubai Creek Harbour is a city within a city, that offers leisure, commercial and residential neighbourhoods. The two main attractions are the Creek Tower and Ras Al Khar Sanctuary.
As for the transport connectivity, a 740-metre 3-lane bridge leading to Creek Harbour was opened in 2020, and there are still major improvements to come such as the other 2 bridges and a tunnel.
The construction of the complex had already finished in 2020. The residential units are being sold out quickly, as Emaar Harbour Views is a place of interest for many investors from all over the world.
ROI of the area has reached 10%, and the average property value increase per year is about 6%. Rental income for 1BR apartment is AED 38,000 or USD 10,110. From this sum, the fees for the management, utilities and 5% income tax are deducted. Thus, the net profit makes it AED or 29 000 or USD 7 800. According to calculations, the payback period of invested money is around 26 years.