3-Bedroom Penthouse at Kempinski Residences The Creek, Al Jaddaf

Property Overview

This 3-bedroom penthouse in Kempinski Residences The Creek, Al Jaddaf, is offered at AED 11,000,000 as a distress sale. It has a built-up area of 2,741 sq ft, and the agent states the property is not mortgaged. The asking price works out to about AED 4,013 per sq ft.

Property Highlights

• Asking price: AED 11,000,000
• Type: penthouse
• Bedrooms: 3
• Built-up area: 2,741 sq ft
• Asking rate: about AED 4,013 per sq ft
• Not mortgaged (agent-stated)
• Developer: Swiss Property
• Branding: Kempinski

Why the Price Is Presented as Below Market

The agent lists this penthouse as a distress sale but did not supply an original purchase price, a dated DLD transaction or comparable penthouse sales. DPF has therefore not calculated a discount. Penthouses typically trade at a premium to standard units, so buyers should compare the asking rate against recent DLD transactions for penthouses in this building before relying on the distress label.

The agent confirms there is no mortgage on the property, which can simplify and speed up the transfer.

About Kempinski Residences The Creek

Kempinski Residences The Creek is a Swiss Property development in Al Jaddaf, in the Dubai Healthcare City Phase 2 area beside Dubai Creek. Published information describes a multi-tower residential complex of about 299 units from studios to 4-bedroom apartments, with residences branded and managed under Kempinski.

Layout, Floor and View

The agent describes a three-bedroom penthouse of 2,741 sq ft. Floor, view, terrace size, bathroom count, parking and furnishing were not supplied. Request the floor plan and view photos.

Status and Handover

Published information gave mid-2025 as the scheduled completion. The agent did not state whether the penthouse is ready, occupied or vacant; confirm the completion status and title deed before committing.

Location and Connectivity

Al Jaddaf sits on Dubai Creek next to Dubai Healthcare City, with access to Sheikh Zayed Road, Al Khail Road and the Dubai Metro Green Line. Exact travel times were not supplied.

Verification Notes

• Agent-supplied: price, built-up area, bedrooms, penthouse type, distress status and no mortgage.
• Calculated by DPF: rate per sq ft.
• External research: developer, location, unit mix and scheduled completion from published information.
• Not supplied: original purchase price or benchmark, floor, view, terrace, bathrooms, parking, occupancy and completion status of this unit.