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Palace Residences North, Dubai Creek Harbour

Palace Residences North, Dubai Creek Harbour

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Strengths

Stunning waterfront views

Luxurious amenities

Proximity to attractions

Weakens

High price point

Limited public transport options

Construction noise

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Description

Palace Residences North, Dubai Creek Harbour

Real Estate Overview

Building Overview

  • Situated in the vibrant Dubai Creek Harbour, Palace Residences North is a luxurious residential building that offers stunning waterfront views.
  • The development is strategically located near major transport links, making it easily accessible via public transportation.
  • With proximity to popular landmarks like the Dubai Mall and Dubai International Airport, the building promises an ideal urban lifestyle.

Properties Overview

  • Palace Residences North offers a diverse selection of properties, including both rental and sale units ranging from one-bedroom to three-bedroom apartments.
  • Popular units are characterized by modern designs, high-end finishes, and spacious layouts.
  • Rental prices typically start from AED 80,000 per year, while purchased properties may range from AED 1.5 million upwards.

Market Trends

  • In the past year, Dubai Creek Harbour has witnessed a steady increase in property values, reflecting a strong demand for luxury apartments.
  • Rental prices have shown a slight upward trend, resulting in attractive ROI for investors.
  • Market expectations suggest that demand will continue to grow, driven by ongoing developments in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to a variety of nearby supermarkets, reputable schools, and healthcare facilities including hospitals and clinics, ensuring all essentials are within reach.
  • The area is home to the Dubai Creek Marina, offering various retail and dining options in close proximity.

Transportation and Accessibility

  • Public transportation options are abundant, with easy access to the Dubai Metro and bus services.
  • Designated parking spaces are available to accommodate residents who prefer to drive, enhancing connectivity throughout the city.

Lifestyle Amenities

  • Palace Residences North features a wide array of lifestyle amenities such as state-of-the-art gyms, swimming pools, and community parks.
  • Dining options within the vicinity include cafes and high-end restaurants, perfect for both casual outings and fine dining experiences.

Builing Facilities

  • This modern building is equipped with high-speed elevators, robust security systems, and central air conditioning to ensure a comfortable living experience.
  • Maintenance services are readily available, providing peace of mind for residents.

Special Services

  • Unique services include concierge support, guest services, and access to business centers, making it ideal for both residents and professionals.
  • Additional amenities may include recreational areas and event spaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • Palace Residences North offers a variety of floor plans that cater to different lifestyles, providing flexibility for both renters and buyers.
  • Layouts are designed for optimal space utilization and comfort, ensuring a home that meets individual needs.

Things to Consider

  • Prospective tenants and buyers should consider factors such as proximity to public transport, community amenities, and potential for property appreciation before making a decision.
  • Evaluate maintenance costs, open space availability, and the suitability of the property for future needs.

Useful FAQs and Support

Events and Building Life

Building Events

  • Palace Residences North fosters a sense of community through regular events and social gatherings, encouraging interaction among residents.
  • These community-building activities provide opportunities for networking and friendship.

Community Identity

  • The distinctive architectural style of Palace Residences North, combined with its premium amenities, creates a unique identity within Dubai Creek Harbour.
  • Its position near cultural sites highlights its significance as a hub for both recreational and leisure activities.

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Detailed Buiding Insights

1. Family Friendliness

The community is designed with families in mind, offering spacious apartments, nearby parks, and recreational areas that provide a safe and enjoyable environment for children.

Exceptionally Welcoming

2. Living Options

Residents can choose from a range of high-end apartments with modern designs and amenities, appealing to those seeking a premium lifestyle in the city.

Luxuriously Similar

3. Safety And Security

The area has 24/7 security surveillance, access control systems, and well-lit public spaces, contributing to a strong sense of safety for all residents.

Remarkably Secure

4. Transportation

The community is well-connected to major highways and public transportation options, facilitating easy access to other parts of Dubai while minimizing commute times.

Conveniently Accessible

5. Amenities And Facilities

Palace Residences North features a variety of amenities including swimming pools, fitness centers, and dedicated children's play areas, catering to the diverse needs of its residents.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher side due to the luxury accommodation, the available facilities and services justify the expenses for many residents.

Premiumly Priced

7. Things To Do

There are numerous leisure activities available such as waterfront dining, shopping, and cultural events, providing ample entertainment options for residents.

Vibrantly Diverse

8. Noise Levels

Despite being a vibrant community, the layout allows for adequate separation from busy streets, resulting in a serene environment for residents.

Generally Peaceful

9. Pet Friendliness

The community welcomes pets with designated parks and pet-friendly policies, ensuring a supportive atmosphere for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

263.4K AED - 349.3K AED

Rent:

23.5K AED - 33.2K AED

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