UAE’s property developer Emaar has launched Palace Residences, a five-star waterfront branded residence development, within its 6-square-kilometer mega-development, Dubai Creek Harbor, describing it as “The World of Tomorrow,” Invest-Gate reports.
To be serviced by Address Hotels + Resorts, Palace Residences endeavors to bring a boutique waterfront living experience for its residents, offering branded one-, two-, three-, and four-bedroom apartments that provide spectacular views of Dubai Creek Tower and Ras Al Khor Wildlife Sanctuary, according to an official statement on January 7.
The residences are in close proximity to two flourishing waterfront destinations – Creek Marina and Creek Beach – and are also within walking distance of Dubai Square. “Palace Dubai Creek Harbor and Palace Residences are housed in two contemporary 44-story towers rising above the Creek Canal and Creek Beach,” the statement added.
Palace Residences assures its investors a significant return on investment (ROI), a 5-year property management services by Emaar, a 50% discount on membership at the Palace Dubai Creek Harbor Spa, as well as a 25% discount on food and beverage at the hotel’s outlets. The projects will also have access to a host of exclusive amenities in both the residential towers and the hotel.
According to the statement, the amenities include a rooftop infinity edge swimming pool, a signature rooftop lounge, a full-fledged gym, a 24/7 concierge service and valet parking, access to a yacht club, among others.
“With Palace Residences, investors and homeowners become part of a thriving neighborhood, as the first homes in Dubai Creek Harbor are scheduled for hand-over early in 2019. Over 5,000 residents are set to move into their homes in Creek Marina this year, with over 12,750 residents to move in next year,” read the statement, adding that sales at the project begun on January 7.