4 Bedroom Penthouse in Creek Waters 2, Dubai Creek Harbour, Below OP

Property Overview

This four-bedroom upper-floor unit in Creek Waters 2, Dubai Creek Harbour, is marketed by the agent as a penthouse. It is offered at AED 6,000,000 against an agent-stated original purchase price of AED 6,550,000, a saving of AED 550,000 or 8.4% below OP. The unit measures 2,661 sq ft and has a full water view.

Property Highlights

• Property type: Penthouse (agent-stated)
• Bedrooms: 4
• Built-up area: 2,661 sq ft
• Asking price: AED 6,000,000
• Original purchase price: AED 6,550,000 (agent-stated)
• Saving vs OP: AED 550,000 (8.4%)
• Price per sq ft: approx. AED 2,255 (calculated)
• Floor: Upper floor (agent-stated)
• View: Full water view (agent-stated)
• Developer: Emaar Properties

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 6,550,000 and an asking price of AED 6,000,000. The difference is AED 550,000, which is 8.4% of the original price.

Calculation

• AED 6,550,000 minus AED 6,000,000 = AED 550,000
• AED 550,000 / AED 6,550,000 = 8.4% below OP
• AED 6,000,000 / 2,661 sq ft = approx. AED 2,255 per sq ft

The original price comes from the agent's resale brief. DPF has not reviewed the seller's SPA.

About the Project, Developer and Community

Creek Waters 2 is an Emaar Properties residential project on Creek Island in Dubai Creek Harbour, close to Creekside Park. Published project information lists one- to four-bedroom apartments, three-bedroom townhouses and five-bedroom duplex penthouses.

Listed project amenities include a gym and yoga deck, infinity pool, kids' pool, sun deck, barbecue area, viewing decks over Dubai Creek, a shaded play area and covered parking. Dubai Creek Harbour is Emaar's waterfront master community between Ras Al Khor Wildlife Sanctuary and Dubai Festival City.

Layout, Floor and View

The agent confirms a four-bedroom layout of 2,661 sq ft on an upper floor with a full water view. The exact floor, bathroom count, terrace size and parking allocation were not supplied. Because the developer's published penthouses are five-bedroom duplexes, buyers should confirm the unit's official classification and layout in the SPA and floor plan.

Payment Plan and Handover

The agent brief did not include the payment plan, amount paid or handover date. Published project information shows expected completion in December 2027. The remaining balance, instalment schedule, handover date and Emaar's resale NOC requirements should be confirmed against the seller's SPA.

Location and Connectivity

Dubai Creek Harbour sits close to Downtown Dubai and Dubai International Airport, with road access via Ras Al Khor Road and Al Khail Road. Exact travel times depend on traffic and the building's access points.

Verification Notes

• Agent-supplied facts: project, penthouse description, four bedrooms, 2,661 sq ft BUA, OP AED 6,550,000, asking price AED 6,000,000, upper floor and full water view.
• Calculated by DPF: savings amount, savings percentage and price per sq ft.
• External project research: developer, Creek Island location, unit mix, amenities and published completion date.
• Not supplied: exact floor, bathrooms, parking, amount paid, payment plan, handover date and service charge.