Sales launch: Apartments starting from $487k at Valo in Creek Harbour by Emaar

19 Apr 2024

On April 19th, the sales launch of the Valo project by Emaar will take place. A new club residence with apartments starting from $487,000 will emerge in the Creek Harbour district. This project is suitable both for living and investment purposes. Demand in the area is high, and new projects seldom arise.

Valo residence is scheduled for completion in September 2028. Once you receive the keys to your apartment, we will arrange for electricity, gas, water, and internet connections. Additionally, if needed, we can assist in ordering furniture.

We'll help you earn:

• A wide selection of one-bedroom apartments is available, all sold with ready-made interiors, built-in kitchen appliances, and sanitary ware.

• We'll promptly find a tenant for you after you receive the keys and handle the lease agreement registration with the Land Department ourselves. Alternatively, we can assist in resale during the peak price period to maximize your profit.

• The initial payment is 10% – from $48,700.

• Payment plan: 90/10 over 4,5 years.

Estimated ROI from long-term rental:

Annual rent for a similar property in the location, considering rental rate growth closer to the residence's completion – $39,900

Service charge – $3,200

DLD fee – from $19,480

ROI ≈ 7.2%

By car:

• 15 minutes – to DXB Airport;

• 15 minutes – to Downtown.