Palace Residences North Property Development By Emaar Properties

Last Updated on: 9th November 2024, 03:53 am

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Palace Residences North is a prestigious property development by Emaar Properties, nestled within the scenic Dubai Creek Harbour. This remarkable project consists of a stunning 33-storey waterfront residential building that embodies modern architecture and luxurious living spaces, designed for personal enjoyment as well as investment prospects. The development boasts a diverse range of options, including one- to three-bedroom branded apartments and exquisite three-bedroom townhouses, catering to a wide audience of prospective homeowners and investors alike. Construction for this exceptional project began in July 2023, with an anticipated handover slated for June 2027, positioning Palace Residences North as a prime opportunity within the luxury real estate sector of the Dubai property market¹²³.

Key Takeaways

• Palace Residences North features one, two, and three-bedroom apartments, alongside three-bedroom waterfront townhouses.
• The project is well-connected, with key destinations like Downtown Dubai and Dubai Marina just minutes away.
• Amenities include an infinity-edge pool, a kids’ play area, and a state-of-the-art gym.
• With construction starting in July 2023, the project is expected to be ready for handover by June 2027.
• A flexible 80/20 payment plan is currently available for interested buyers.

Overview of Palace Residences North

Palace Residences North introduces residents to a unique blend of luxury and style, establishing a remarkable standard for branded waterfront living. This development, adjacent to the esteemed Palace Hotel, offers an array of branded apartments and townhouses, catering to diverse living preferences. With options ranging from one to three bedrooms, these residences begin at AED 1.2 million and provide a modern lifestyle reinforced by upscale amenities and thoughtful architectural design.

Branded Waterfront Living

The concept of branded waterfront living comes alive at Palace Residences North, where residents enjoy seamless access to five-star amenities, including top-notch dining outlets and wellness facilities. These exquisite living spaces start from 639 sqft, promoting spaciousness and comfort intertwined with elegant interiors. The expected completion is in June 2027, promising a modern community in the thriving Dubai Creek Harbour area⁴.

Architectural Design and Features

Each residence showcases sophisticated architectural design, incorporating modern aesthetics to create functional and appealing living spaces. The interiors reflect a commitment to luxury, with high-end finishes ensuring an upscale living experience. Not only do the apartments and townhouses provide style, but they embody a lifestyle of convenience and comfort geared towards today’s discerning residents⁵.

Location and Accessibility

Palace Residences North boasts a prime location within Dubai Creek Harbour, known for its pedestrian-friendly design and stunning views over a picturesque marina and the iconic Dubai skyline. Residents will find essential destinations easily accessible with the efficient transport system, as the development is just 10 minutes from Downtown Dubai and 15 minutes from Dubai International Airport⁴. Other notable landmarks such as the Burj Khalifa and Ras Al Khor Wildlife Sanctuary are a mere stone’s throw away, enhancing the area’s appeal for both convenience and leisure⁵.

Palace Residences North: A Luxurious Living Experience

Palace Residences North epitomizes the essence of luxury real estate, positioned within the vibrant Dubai Creek Harbour community. Here, residents experience an unmatched lifestyle characterized by high-end interiors and exclusive amenities. The project, developed by Emaar Properties, focuses on delivering a premier living experience that balances luxury with convenience.

Luxury Real Estate at Dubai Creek Harbour

This development showcases a selection of 1, 2, and 3-bedroom apartments, along with 3-bedroom waterfront townhouses, starting at an attractive price of AED 1.23 million⁶. The properties are designed with an emphasis on spaciousness, with living spaces starting from 639 sqft⁴. This luxury real estate offering represents not just a home but a remarkable investment opportunity in Dubai’s thriving market.

Premium Amenities and Facilities

Residents of Palace Residences North can enjoy premium amenities that enhance their living experience. Facilities include an infinity-edge pool, a state-of-the-art gym, children’s play areas, and dedicated yoga spaces⁴. To further elevate the lifestyle, the community provides quick access to a wide range of dining options and retail spaces along the Creek Promenade. With amenities that cater to both relaxation and entertainment, living here is an indulgent experience.

Investment Opportunities in High-End Interiors

The investment opportunities are compelling, especially given the anticipated completion date set for June 2027⁶. The strategic location near iconic landmarks, such as Burj Khalifa and Downtown Dubai, paired with the luxurious high-end interiors, solidifies this development as an attractive proposition for investors seeking profitable Emaar off-plan projects. Current market insights indicate a promising return on investment, with 2-bedroom apartments estimated to generate an ROI of 6%, averaging a rental price of AED 95,236⁷.

For more information on this outstanding project, visit Palace Residences North.

Conclusion

The Palace Residences North Property Development by Emaar Properties truly represents the pinnacle of a luxury lifestyle in the vibrant, eco-friendly environment of Dubai Creek Harbour. This waterfront project not only features upscale housing options but also offers a plethora of high-end amenities like pools, gyms, and dining facilities, making it a prime location for individuals seeking both relaxation and entertainment.

With various units available—including 1 to 3-bedroom apartments and spacious townhouses—this development caters to a diverse clientele, whether for personal living or investment. As a compelling option in the Dubai property market, it’s essential to pay attention to its expected completion in Q2-2027, ensuring that those who choose to invest will potentially see strong returns as the area continues to grow⁷⁸,).

For anyone considering a stake in this luxurious lifestyle, it’s advisable to analyze factors such as property quality, developer reputation, and location, ensuring your investment aligns with long-term growth prospects⁷⁸,). You can explore more about this remarkable opportunity and its offerings by visiting this link.

Source Links

1. https://properties.emaar.com/en/properties/palace-residences-north/
2. https://www.tanamiproperties.com/Projects/Palace-Residences-North
3. https://propsearch.ae/dubai/palace-residences-north
4. https://inchbrick.com/properties/palace-residence-north-apartments
5. https://off-planproperties.ae/projects/palace-residences-north-emaar/
6. https://www.keyonerealtygroup.com/dubai-off-plan/palace-residences-north
7. https://www.propertyfinder.ae/en/new-projects/emaar-properties/palace-residences-north
8. https://www.homes.pk/listing/palace-residences-north-dubai-creek-harbour-the-lagoons-dubai-by-emaar-properties-under-construction-delivery-date-q2-2027/