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PALACE RESIDENCES - NORTH

PALACE RESIDENCES - NORTH

Properties for Sale
1 200 888 AED - 4 000 888 AED
Location Dubai Creek Harbour, Dubai
Type Development
Completion date II quarter, 2027 (Off-plan)
Living space 56 - 186 m²
Advantages
Prestigious neighborhood
Dubai Creek Harbour
33-storey residential complex
Type of buildings:
Premium
20% after commissioning of the property
Downpayment from
10%

Residential project Palace Residences North in Dubai

The off-plan residential project Palace Residences North is implemented by Emaar Properties. The new ambitious complex consists of two 44-storey buildings that accommodate 1 to 3-bedroom residences, as well as 3-bedroom townhouses.

Apartments in Palace Residences North are decorated in a contemporary style, with open plans and light-filled interiors painted in warm shades. The windows open onto the Dubai Creek Tower. There is a limited series of townhouses in the new residential complex, Palace Residences North.

Its facilities include a wide range of high-end amenities, such as 24/7 service, access to the swimming pool and the fitness centre, and leisure opportunities in green areas. Shops and restaurants located in the nearby hotel are also available to residents.

Real estate in Dubai Creek Harbour, Dubai, UAE

The dominant property type in this district is still residences in skyscrapers. Homes in these high-rise buildings meet top-notch quality and comfort standards. Villas and townhouses of the classic gated community type are rare and usually located on podiums of multi-storey buildings instead.

This community is a freehold area where foreigners may have full ownership rights of their purchased properties and dispose of them as they like. You can buy a property in Palace Residences North and relocate there for permanent residence or use it as a vacation home. Local real estate also makes a lucrative investment.

Property for sale in Palace Residences North

Sale of apartments and townhouses in the off-plan residential project, Palace Residences North, began in 2023. The buildings are planned for commissioning in the second quarter of 2027. The developer’s reputation guarantees that the project will be implemented by the deadlines stipulated in the contract. Real estate at the price from the developer, Emaar Properties, is offered under a convenient payment plan, where the buyer pays 10% of the value at the time of reservation and another 20%, when the building is commissioned. The remaining instalments are made twice a year. The 80/20 payment plan optimizes the expenses, enabling the buyer to avoid paying a large sum immediately and taking a home loan.

Location

  • Close to shopping malls
  • Prestigious district
  • Close to a river or promenade
  • City view
  • River view
  • Beautiful view

Features

  • Panoramic windows
  • Finished
  • Good quality
  • Big choice of home plan designs
  • New project
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Recreation area
  • SPA centre
  • Fitness room
  • Pilates and yoga room
  • Elevator

Outdoor features

  • Barbecue area
  • CCTV
  • Children's playground
  • Children's pool
  • Landscaped garden
  • Landscaped green area
  • Car park
  • Promenade with amenities
  • Footpaths
  • Benches
  • Swimming pool
  • Common area with pool

Real estate in Palace Residences North in Dubai

Lifestyle

Properties in Palace Residences North target various groups of customers who value comfort. 1-bedroom homes are great for young professionals, while larger apartments and spacious houses in Palace Residences North can accommodate families with children and other buyers who need more space.

The key advantage for residents is direct access to the Palace Hotel and all its services. Owners and tenants of apartments in the new development, Palace Residences North, can experience the ambiance of a luxurious resort, while leading private lives amidst beautiful landscapes and the adjacent landscaped grounds. Nearby are the Creek waterfront and numerous parks and recreation areas. The essential shops and social facilities are also moments away.

Investment property in Palace Residences North

  • Off-plan properties in Palace Residences North are potentially lucrative. Their value is much lower when the sales begin than when the building is commissioned, which enables the investor to profit from resale.
  • Investment in real estate from the developer Emaar Properties in Dubai can be viewed as a source of a regular income.

If you buy a townhouse in Palace Residences North, you can always lease it out, as properties in Dubai’s prestigious communities are always in high demand.

Residences in this district yield a good return on investment, i.e., up to 5.2% per annum. 1-bedroom homes generate the highest return.

Location
Dubai Festival City Mall
3 km
School
4 km
ATM machine
1000 m
Burj Khalifa
17.5 km
Pharmacy
1000 m
Airport
8 km
Etihad Museum
17.5 km
Sea
15 km
Dubai Creek Harbour

The complex is located in an emerging district on the coast of a man-made lagoon. Green areas span 550 ha, while extensive facilities include all the necessities for daily life, such as social facilities, leisure centres, and shops.

The Creek Tower will become the highlight and the major attraction of the entire community. Once its construction is completed, the skyscraper will be the world’s tallest building. It will accommodate shops, entertainment centres, cafés, and restaurants. Residents of Palace Residences North can reach Downtown in 10 minutes by car.

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Payment plan

10%
On Booking
10%
April 2023
10%
October 2023
5%
April 2024
5%
October 2024
10%
April 2025
10%
October 2025
10%
April 2026
10%
September 2026
20%
June 2027
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