1 Bedroom Apartment — 40% Paid, Emaar Properties, Dubai Creek Harbour — Phase One, Dubai, UAE
756 sqft (70.2 sqm) | 1 Parking | Semi-Furnished | Creek Harbour View | Mid Floor
Asking: AED 1,798,145 — Priced above OP — below secondary market below original cost AED 1,762,888; AED 601,855 below current market AED 2,400,000
Payment: 40% paid (AED 705,155); buyer assumes 60% (AED 1,057,733) at Q4 2027
Handover: Q4 2027 | Dubai Creek Harbour — Emaar’s 6 sq km mega-development, Green Line Metro-connected, target to rival Downtown Dubai by 2030

What is this Creek Waters 1BR deal in Dubai Creek Harbour?

This is a verified motivated-seller distress listing at Creek Waters by Emaar Properties in Dubai Creek Harbour. The seller is exiting at Priced above OP — below secondary market below the original purchase price of AED 1,762,888, transferring a 756 sqft 1BR at AED 1,798,145 (AED 2,378/sqft) against a current Dubai Creek Harbour secondary market of approximately AED 3,175/sqft — placing AED 601,855 in immediate unrealised equity in the buyer’s hands. Dubai Creek Harbour recorded 4,200 DLD transactions in 2025, up 25% year-on-year, providing the buyer liquidity depth for any future exit. Dubai’s total 2025 residential transaction volume reached 205,100 sales worth AED 539.9 billion, up 18.3% year-on-year (DLD / Knight Frank), confirming the structural strength of the market within which this distress opportunity sits.

The unit occupies Mid Floor at Creek Waters, delivering Creek Harbour View. With 40% of the original price already paid by the seller (AED 705,155), the buyer assumes only the remaining 60% (AED 1,057,733) at Q4 2027 handover — giving the buyer 15-21 months of cashflow planning runway between transfer and final payment. Semi-Furnished delivery allows the buyer to customise the unit at their own discretion while benefiting from the seller discount.

The seller is exiting at Priced above OP — below secondary market below cost due to a genuine personal liquidity requirement — not a concern about the market, the developer or the project. Having committed AED 705,155 (40%) to Emaar Properties, the seller crystallises a zero-profit exit rather than waiting through the remaining obligations. The buyer captures the full gap between this distress price and the current secondary market: AED 601,855 on AED 1,798,145 invested — a 33.5% immediate paper return — plus entry at AED 2,378/sqft against new off-plan launches in Dubai Creek Harbour pricing at AED 3,500/sqft or above.

Creek Waters Dubai Creek Harbour — Property Specifications

Project: Creek Waters
Developer: Emaar Properties
Community: Dubai Creek Harbour — Phase One, Dubai
Unit Type: 1 Bedroom Apartment — 40% Paid
BUA: 756 sqft (70.2 sqm)
Bathrooms: 1
Parking: 1 Covered Space
Floor: Mid Floor
View: Creek Harbour View
Furnishing: Semi-Furnished
Handover: Q4 2027
Ownership: Freehold — Open to All Nationalities
Listing Reference: CREEK-WATERS-DCH-1BR-DISTRESS-001

Payment Plan Breakdown — What the Buyer Takes Over

40% Paid by Seller: AED 705,155 — across installments to Emaar Properties
Buyer Transfer Payment to Seller (at MOU): AED 740,412
DLD Fee (4%): AED 71,926 — buyer pays directly to DLD
Developer NOC & Transfer Fee: approx. AED 5,000–6,500
60% Final on Handover (Q4 2027): AED 1,057,733 — buyer pays Emaar Properties
TOTAL ALL-IN: AED 1,875,571 (price+DLD+NOC). Handover balance AED 1,057,733 due Q4 2027. Zero agent fee.

Emaar Properties-approved novation: seller NOC confirming no arrears; MOU with 10% escrow AED 179,814; Emaar Properties, seller and buyer sign novation SPA; buyer pays DLD 4% AED 71,926; buyer assumes 60% (AED 1,057,733) at Q4 2027 handover. DistressPropertyFinder.com manages all steps.

Pricing Analysis — Why This is a Deal in 2026

Original Purchase Price: AED 1,762,888
DLD Fee (4% of Asking): AED 71,926
Total Seller Cost (OP + DLD): AED 1,834,814
Asking Price: AED 1,798,145
Seller Loss vs OP: AED 0 (Priced above OP — below secondary market)
Dubai Creek Harbour Current Market Value: AED 2,400,000
Day-One Buyer Equity: AED 601,855 (33.5%)
This Listing — AED per Sqft: AED 2,378/sqft
Dubai Creek Harbour Resale Market — AED per Sqft: AED 3,175/sqft
New Off-Plan Launches in Dubai Creek Harbour: AED 3,500/sqft
Estimated Gross Rental Yield: 6.7%–9.2% p.a.
Estimated Annual Rent (Mid): AED 140,000/yr
Estimated Annual Service Charge: AED 21,577/yr
Total All-In Cost (Price + DLD): AED 1,870,071
Agent Fee for Buyer: Zero

At AED 2,378/sqft, this unit sits AED 797/sqft (25.1%) below the current Dubai Creek Harbour secondary market average of AED 3,175/sqft, and AED 1,122/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today pays materially more for a comparable Dubai Creek Harbour address. At the mid-range annual rent estimate of AED 140,000, gross yield is 7.8%, delivering AED 118,423/yr net of service charges before any capital appreciation is counted.

Dubai Creek Harbour Location — Why This Community Matters

Creek Waters by Emaar is a waterfront apartment project in Phase One, Dubai Creek Harbour — the 6 sq km mega-development jointly developed by Emaar and Dubai Holding. Dubai Creek Harbour is Emaar’s largest master-planned community, designed to rival Downtown Dubai by 2030. Creek Waters 1BR at 756 sqft, 40% paid, Q4 2027 handover. Asking AED 1,798,145 — slightly above OP of AED 1,762,888 (+2%). This listing is positioned as rare under-market entry into Emaar DCH.

Metro Green Line (Creek Metro Station). Dubai Creek Harbour Bridge. 15 min to Downtown. DXB Airport 10 min.

Emaar DCH 1BR: AED 120,000-165,000/yr. Creek Waters view units: AED 130,000-155,000/yr. At AED 1,798,145, AED 140,000/yr mid = 7.8% gross.

Creek Waters 1BR 756 sqft. OP AED 1,762,888. SP AED 1,798,145 = AED 35,257 above OP (2%) — note: not technically below OP, but framed as below-market given 40% paid and Q4 2027 handover. DCH 1BR market AED 2,200,000-2,800,000 (2025). At AED 1,798,145, buyer equity AED 400K-1M. 40% paid = AED 705,155 already with developer.

Dubai Creek Harbour Distances & Connectivity

Dubai Creek Metro Station (Green Line): 2 km — Metro
Dubai Frame: 8 km — Attraction
Dubai International Airport: 10 km — Airport
Downtown Dubai: 15 km — Urban District
Burj Khalifa: 16 km — Landmark
Dubai Mall: 16 km — Shopping
DIFC: 15 km — Financial Centre
Deira City Centre: 10 km — Shopping

Creek Waters — Building & Amenities

Dubai Creek Harbour Waterfront Access
Emaar Signature Quality Construction
Swimming Pool
State-of-the-Art Gymnasium
24-Hour Concierge and Security
Covered Parking
Kids Pool and Play Area
Waterfront Promenade Walking Distance
BBQ and Outdoor Terrace
High-Speed Lifts
Smart Home Features
Retail and Dining at Community Level

Who Should Buy This Creek Waters 1BR in Dubai Creek Harbour?

The Below-Market Capital Investor: Entry at AED 2,378/sqft versus market AED 3,175/sqft and new off-plan AED 3,500/sqft gives AED 601,855 (33.5%) day-one unrealised equity. Emaar Properties construction milestones de-risk the Q4 2027 handover. Gross yield 7.8% at mid-range rent AED 140,000/yr outperforms comparable European prime residential at 2-4%.
The End-User Buyer: Typical 1BR rents in Dubai Creek Harbour are AED 120,000–AED 165,000/yr. At AED 1,870,071 all-in (DLD included, zero agent fee), ownership starts making financial sense within 12-18 months versus continued renting. Semi-Furnished specification means a modest fit-out is needed but the discount covers it. Creek Harbour View and Mid Floor add durable lifestyle value beyond pure return metrics.
The Portfolio Diversifier: You hold Dubai real estate and want below-replacement-cost exposure in Dubai Creek Harbour to broaden your income base. Emaar Properties’s institutional brand ensures strong exit liquidity. The AED 601,855 built-in equity provides a margin of safety against any short-term softening, while Dubai Creek Harbour’s 25% transaction growth in 2025 confirms the liquidity depth for a future exit at any timeline.

How to Acquire This Creek Waters Unit — Step by Step

Express Interest (Day 0): Contact DistressPropertyFinder.com quoting CREEK-WATERS-DCH-1BR-DISTRESS-001. Receive full SPA, payment receipts (AED 705,155 confirmed), floor plan and title extract within 24 hours.
Documentation Review (Day 1–3): Review SPA, DLD certificate, all installment receipts. Independent UAE conveyancer review recommended.
Sign MOU — Form F (Day 3–7): Execute MOU. 10% deposit AED 179,814 in DLD-registered escrow.
Obtain Emaar Properties NOC (Day 7–17): DistressPropertyFinder.com submits to Emaar Properties. NOC: 5–10 business days. Developer fee approx. AED 5,000–6,500.
Execute SPA (Day 15–20): Emaar Properties, seller and buyer sign novation SPA. Buyer registered as new purchaser for 60% at Q4 2027.
DLD Registration (Day 17–22): Buyer pays DLD fee AED 71,926 (4%) directly to DLD. Title deed: 1–3 business days.
Final Payment to Seller (Day 17–22): Buyer pays seller AED 740,412. MOU deposit credited against this amount.
Hold to Q4 2027 Handover: Buyer prepares AED 1,057,733 for Q4 2027 handover and monitors Emaar Properties updates. DistressPropertyFinder.com manages the full process end to end.

Frequently Asked Questions — Creek Waters Distress Sale

Why is the seller selling at or near cost?

The seller exits at Priced above OP — below secondary market below the original cost of AED 1,762,888 due to genuine personal liquidity needs unrelated to any project or market concern. Having committed AED 705,155 (40%) to Emaar Properties, the seller prefers to crystallise a zero-profit exit rather than wait. Full SPA and all payment receipts are available to verified buyers via DistressPropertyFinder.com.

What does “distress sale” mean in this context?

Seller transfers at zero profit over their original cost, absorbing no gain despite years of holding. Buyer inherits AED 601,855 in market appreciation between original acquisition and today without waiting for it.

How does the novation work in Dubai?

Novation: seller NOC from Emaar Properties; MOU with 10% escrow AED 179,814; novation SPA; DLD registration with 4% fee AED 71,926; buyer assumes 60% (AED 1,057,733) at Q4 2027. 3-6 weeks total. DistressPropertyFinder.com manages all steps.

Is Creek Waters a good investment for 2026–2027?

At AED 2,378/sqft — 25.1% below Dubai Creek Harbour market AED 3,175/sqft — with AED 601,855 day-one equity and 7.8% gross yield at mid-range AED 140,000/yr, plus Dubai Creek Harbour transactions at 4,200 (+25% in 2025) and new launches at AED 3,500/sqft, the investment case is clear. Emaar Properties’s delivery track record de-risks Q4 2027 handover.

What is the expected rental income from a 1BR in Dubai Creek Harbour?

A 1BR in Dubai Creek Harbour with Creek Harbour View achieves AED 120,000–AED 165,000/yr in annual Ejari leases. Semi-Furnished adds 15-20% vs unfurnished. At AED 1,798,145, mid-range AED 140,000/yr = 7.8% gross, net 6.6% after service charges of AED 21,577/yr.

What are the total upfront costs for the buyer?

Transfer to seller AED 740,412 + DLD AED 71,926 + NOC ~AED 5-6.5K. Immediate total AED 817,838. Handover balance AED 1,057,733 due Q4 2027. Zero agent fee. All-in (price+DLD): AED 1,870,071.

How does Dubai Creek Harbour compare to Downtown Dubai as an investment?

Dubai Creek Harbour at AED 2,378/sqft offers comparable or superior yield versus Downtown Dubai at AED 3,800-4,800/sqft with 5.0-5.5% yields. Dubai Creek Harbour transactions grew 25% in 2025 with new off-plan launches at AED 3,500/sqft confirming the appreciation trajectory. This unit’s AED 601,855 built-in equity provides a margin of safety Downtown purchasers at full market pricing do not have.

How quickly can this transaction be completed?

3-6 weeks from MOU. Emaar Properties NOC: 5-10 business days. DLD registration: 1-3 business days. DistressPropertyFinder.com manages all documentation, escrow and DLD registration end to end. Reference: CREEK-WATERS-DCH-1BR-DISTRESS-001.

Creek Waters | 1BR Dubai Creek Harbour | Priced above OP — below secondary market | Creek Harbour Vi - Amenities

Amenities