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Palace Residences North by Emaar: A New Promising Development in Dubai Creek Harbour

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PALACE RESIDENCES NORTH in Dubai the UAE is an unfinished residential project in downtown Dubai. The two 44-story skyscrapers offer spacious apartments as well as luxurious townhouses. Delivery is expected in 2Q 2027, but the residences can be booked by investors now with an advance payment of 10%. What else should you know about this promising new development? Read this review.

Palace Residences North: key points

  • Location: Dubai Creek Harbour
  • Payment plan for 3.5 years: 80/20 upon completion
  • Property type: one- to three-bedroom apartments and three-bedroom townhouses
  • Current status: new off-plan project
  • Starting price: 1,230,000 AED

Palace Residences North in Dubai Creek Harbour

Dubai Creek Harbour is one of Dubai’s most ambitious projects. Emaar Properties and Dubai Holding have joined forces to relaunch the Lagoons project, which was suspended back in 2008.

On the shores of a man-made lagoon will spread six square kilometers containing everything you need for life, from residential skyscrapers and commercial buildings to the wide greenery of parks and entertainment venues.

The area will become a home to landmarks such as Creek Marina with its large yacht club, Dubai Creek Tower, whose height will surpass Burk Khalifa by 100 meters, and Ras Al Khor, one of the world’s most protected nature reserves. The walking distance from Palace Hotel will provide residents with 5-star service as well as easy access to amenities such as stores, restaurants, recreational areas, education, and healthcare facilities.

The aesthetic appeal of the master plan is enhanced by the trendy interiors, which include a lobby and lounge area. The location allows easy access by public and private transportation, both land and water.

In a few words about the project

  • Type of building: residential
  • Location: Dubai Creek Harbour
  • Expected completion date: 2Q 2027.
  • Developer: Emaar Properties
  • Type of residencies: One-, two- and three-bedroom apartments, three-room townhouses.
  • Infrastructure: fitness center, infinity pool, spacious lobby, spa, recreation area, rooms for yoga classes, barbecue areas, children’s playground, landscaped garden, children’s swimming pool, parking, high-speed elevators, and a security system.

Payment plan

Interested purchasers can buy an apartment in the developing residential complex by using the payment plan below:

Type of paymentSerial number of paymentPercentage of payment
Upon booking110 %
April 2023210 %
October 2023310 %
April 202445 %
October 2024 (10% Construction Completion)55 %
April 2025 (20% Construction Completion)610 %
October 2025 (40% Construction Completion)710 %
April 2026 (60% Construction Completion)810 %
September 2026 (80% Construction Completion)910 %
After Completion1020 %

The key points an investor should know:

  • Properties can be booked with a down payment of 10% of the price.
  • The final payment of 20% must be paid at the time of handover.
  • Expected completion date: The project is expected to be completed in Q2 2027.

Amenities

All projects from the Emaar developer are known as a perfect combination of high-class amenities, aesthetic qualities, and advantageous location. Palace Residences North is no exception.

Sports and recreation

The new Emaar project offers first-class amenities for comfortable living. Sports enthusiasts will be happy to find a fitness center in the Palace Residences North towers. In addition, there will be a spa, a yoga room, and an infinity pool. The proximity to the Palace Hotel will provide a full range of 5-star services.

Elevators

The residential towers of Palace Residences North will have several high-speed elevators.

Security and maintenance services

Security and maintenance staff will provide safety and convenience for the residents.

Type of residences in Palace Residences North

In the residential complex Palace Residences North you can choose apartments with one, two, or three bedrooms, as well as townhouses with three bedrooms. The apartments will come in layouts ranging in area from 59 m² to 153 m².

Townhouses will be presented as layouts with an area of 177 m².

Location

  • Dubai International Airport – 11 minutes away
  • Dubai Opera – 16 minutes away
  • Burj Khalifa – 14 minutes away
  • Dubai Mall – 13 minutes away

About the developer Emaar Properties

Emaar Properties – a construction company in Dubai, which has established itself as a reliable developer.

Investors interested in purchasing real estate in the UAE often opt for Emaar because of the well-known qualities of this real estate developer. When researching competencies, experienced investors look not only at brochures and promises but also at completed projects and the prominence of the developer’s name.

When it comes to the name of the developer, Emaar is synonymous with quality and excellence. It’s only worth taking a moment to research the company’s areas of operation around the world: Emaar properties can be found in the most fascinating locations around the globe.

Each of the Emaar projects is refined and unique, it is high aesthetic qualities and a desired level of comfort, which is provided by the developer after the completion of construction.

Conclusion

Here are the highlights of the Palace Residences North complex:

  • One to three-bedroom apartments and three-bedroom townhouses
  • Inspirational area and views of the cityscape
  • Exclusive address in the heart of Dubai
  • Easy access to other destinations
  • Recreational amenities

The residents of the complex will have access to an infinity pool, fitness center, children’s play complexes and an outdoor playground, green areas for strolling, cafes, a spa, and yoga areas. The complex is equipped with all modern security systems and promises the high comfort of living in the most popular area of Dubai!

Start searching for real estate in Dubai!

Choose to live your best life today! Premium residences available to international investors are featured in the catalog. You can choose from Palace Residences North luxury residences or contact advisors to inquire about pre-launch projects. Also, an opportunity to apply for an installment plan is available on the website. Click now and get the best price offer. Details: https://palace-residences-north.com/

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