The Crestmark , Luxury Living in the Heart of Dubai

The Crestmark , Luxury Living in the Heart of Dubai

Ellington Real Estate presents an exceptional residential project in Dubai named “Crestmark,” distinguished by its strategic location in the Business Bay area. The residential complex consists of 189 top-tier units, all equipped with smart home systems.

The project includes a wide range of residential units, from studios to 1 to 3-bedroom apartments, as well as 3 luxurious penthouses comprising 3 to 4 bedrooms, located on the 21st floor with exceptional views of the Dubai Water Canal and the Business Bay Marina.

Living spaces range from 493 to 6,104 square feet, featuring one or two balconies, a laundry room, and a private bathroom for ladies, ensuring maximum comfort for residents.

Luxury Penthouse Features:

• Infinity plunge pool or outdoor jetted Jacuzzi
• Display and prep kitchens
• Maid’s room
• Outdoor lounge, shoe cabinet, and office
• Advanced interior layout including wardrobes and a DJ table.

Luxury Amenities:

• Outdoor children’s play area
• Secret club room
• Fitness studio with climbing wall
• Small bowling alley and skating rink
• Children’s and infinity swimming pools
• Lobby library lounge
• Active garden and BBQ area
• Indoor and outdoor yoga areas.

For parking, owners of studios and 1-2 bedroom units have one space, while 3-bedroom apartments have two designated parking spaces.

Project Details:

• Location: Business Bay, Dubai
• Project Status: Under construction
• Number of Towers: One
• 21 floors
• Number of Units: 189
• Project Type: Residential units
• Unit Types: From 0+1 to 4+1 and penthouses
• Starting area: 747 square feet
• Starting price: $575,200
• Payment Plan: 20% down payment and the rest in 9 installments during construction
• Delivery Time: 2026.

Property Prices and Prime Location in Crestmark

Prices and Services:

As of May 2023, the starting price for one-bedroom and living room apartments in Crestmark is AED 2.11 million ($574,000). Service fees include AED 18 per square foot ($4.9).

Strategic Location:

Crestmark enjoys a prime location near Marasi Drive on the Dubai Water Canal, allowing convenient travel throughout the emirate. Dubai International Airport, Zabeel, and the Dubai International Financial Centre are reachable in about 15 minutes. Convenient public transport is available with nearby bus stations – Canal Views 1 and Canal Views 2 apartments.

Outstanding Infrastructure:

The project has excellent social infrastructure, with grocery stores, nurseries, medical facilities, banks, and more within a short walking distance. This includes:

• Amana Health Care
• Modern Fit Downtown
• View City Mini Mart
• Blossom Downtown Dubai Nursery
• Emirates NBD Bank
• Carrefour Market.

With these services and diverse prices, Crestmark is considered a comprehensive project offering residents a luxurious living experience in the heart of Dubai.

Economic Attraction of The Crestmark Project

• The Crestmark, an exceptional project by Ellington Real Estate, is expected to be completed in the first quarter of 2026. It is the second project in the Business Bay area after the successful “The Key Side,” which sold out shortly after its launch, reflecting investors’ confidence in the quality of homes offered by the company.

• Real estate in Crestmark is an attractive option for investment or renting to tourists and business professionals. The project has a strategic location, situated within a 20-minute walk from the famous Downtown Dubai, featuring Dubai Mall, Dubai Fountain, Dubai Opera, and other key landmarks. Business professionals can easily access luxurious offices and specialized business facilities.

• As of the second quarter of 2023, the average total return on one-bedroom units in Business Bay is 8%, according to Property Finder. Initial rental prices are AED 58,000 annually. This reflects the potential for decent income and a quick recovery of the initial property value.

• Investing in The Crestmark allows foreigners investing a minimum of AED 750,000 ($204,000) to obtain a visa for either two years or ten years. Long-term visa holders can bring their spouses and children based on family sponsorship.