1-Bedroom Apartment in Creek Waters 2, Dubai Creek Harbour – Resale at Original Price, 60% Paid

Property Overview

This 1-bedroom apartment in Creek Waters 2, Dubai Creek Harbour, is offered as a distress resale at AED 1,730,000, the same as the agent-stated original purchase price. The 746 sq ft off-plan unit is on a low-to-mid floor, 60% of the original price has been paid according to the agent, and handover is stated as Q4 2027.

Property Highlights

• Asking price: AED 1,730,000
• Original purchase price (agent-stated): AED 1,730,000
• Size: 746 sq ft
• Price per sq ft: approx. AED 2,319
• Floor: low-to-mid floor
• Paid to date: 60% (agent-stated), about AED 1,038,000
• Status: off-plan resale, handover stated as Q4 2027

Why This Is Listed as an Off-Plan Distress Resale

The asking price matches the seller's original purchase price, so there is no discount against OP. DPF lists this as an off-plan distress resale because the agent describes the seller as distressed and the buyer can acquire the unit at the original launch price without paying a resale premium. Dividing the asking price by 746 sq ft gives approximately AED 2,319 per sq ft.

The brief does not say whether the seller covers the Dubai Land Department transfer fee, so buyers should assume they will pay it. At the standard 4% rate, that would be about AED 69,200, plus trustee and other transaction costs.

About the Project, Developer and Community

Creek Waters 2 is a 52-storey residential tower by Emaar Properties in Dubai Creek Harbour, with around 450 homes ranging from 1- to 3-bedroom apartments to townhouses and penthouses. Published project information lists facilities including a rooftop infinity pool, children's pool, gym, sauna, landscaped gardens and jogging and cycling tracks, with completion targeted for the end of 2027.

Dubai Creek Harbour is Emaar's waterfront master community on Dubai Creek, next to the Ras Al Khor Wildlife Sanctuary.

Layout and Floor

The agent describes a low-to-mid floor unit of 746 sq ft. View, bathroom count, balcony and parking were not supplied and should be confirmed from the floor plan and SPA.

Payment Plan and Handover

The agent states that 60% of the original price has been paid, about AED 1,038,000, leaving roughly AED 692,000 still due to Emaar under the original payment plan. The buyer would normally reimburse the seller's paid amount and take over the remaining instalments. Handover is stated as Q4 2027. Confirm the exact paid amount, remaining schedule and any transfer charges against the SPA and Emaar's statement of account before committing.

Location and Connectivity

Dubai Creek Harbour has road access from Ras Al Khor Road and is close to Downtown Dubai, Business Bay and Dubai International Airport. Actual travel times depend on traffic and route.

Verification Notes

• Agent-supplied facts: building, bedrooms, size, original price, asking price, floor, percentage paid and handover.
• Calculated by DPF: price per sq ft, paid and remaining amounts from the stated 60%, and indicative 4% DLD fee.
• External research: project facts from published Creek Waters 2 project information.
• Not verified: the original price, paid amount, availability and floor. Confirm against the SPA and Emaar records before any payment.