The Crestmark

The Crestmark is a residential complex under construction on the Dubai Canal waterfront, just 5 minutes away from Downtown in Business Bay. The 23-story tower, including the podium, is an attractive option for moving to the heart of Dubai's developing economic center. Inside the complex, residents of comfortable apartments and penthouses will have everything for a comfortable stay, from a swimming pool to a mini bowling club, and they will be able to reach business locations within a 5-minute drive.

The Crestmark, like other properties developed by Ellington Properties, adheres to the implicit standards of premium quality in every aspect, down to the smallest details. The 1, 2, and 3-bedroom apartments and 3 spacious exclusive penthouses, ranging up to 567 square meters, will feature exclusive designs that reflect global interior fashion trends. The developer predominantly sources finishing materials, sanitaryware, and home appliances from premium European brands. Additional living comfort will be provided by hotel services and a customized smart house system based on the resident's preferences.

The three-level podium, rooftop lounge, and open public spaces within the property are also designed to cater to the maximum needs of owners or tenants of executive-class properties. The underground parking will accommodate the vehicles of all residents, as well as their guests in a separate guest block. The lower levels of the building will house cafes, restaurants, shops, beauty establishments, and Kidtropolis, a special children's space. Residents will also have access to a clubhouse, library, a cozy patio with a barbecue area, a gym, and a mini bowling club.

The Crestmark is being constructed within a 5-minute walk from Downtown.

The Crestmark tower enjoys a favorable location, being 100 meters from the water and a 5-minute walk from Dubai Mall and Burj Khalifa. Several five-star hotels are located adjacent to the residential complex, with DAMAC Maison Canal Views being one of the notable ones. Within a leisurely 10-minute walk, one can also reach the Dubai World Trade Center or Jumeirah Beach.

A 15-minute car ride will take you to City Walk, which offers numerous boutiques, galleries, restaurants, and craft coffee shops. It will take a little longer, about 25 minutes, to reach Dubai International Airport. For those who prefer not to drive, several bus routes, including those heading to the nearest Burj Khalifa/Dubai Mall metro station, have stops very close to the residential complex.

The rooftop lounge area will offer luxurious views of the emirate's panoramas, especially stunning during sunset, as well as the serene waters of the Dubai Canal. The landscape design of the area is actively being developed, and in the coming years, more than half of the community's area will be surrounded by lush greenery.

Investment Attractiveness of The Crestmark

Investing in off-plan projects in Dubai means investing in one's future. Dubai's Urban Master Plan 2040 designates Business Bay as a financial center. This means that in the coming years, the community will see developments in financial and business services. It is expected that apartment prices will increase along with infrastructure development.

By the time the construction is completed, the value of the property will have appreciated. It can be listed for sale at a significantly higher price than its current value and quickly find a buyer. Additionally, to recoup the investment, the apartment can be rented out. Moreover, all rental matters can be handled by the property management company of Ellington Properties, eliminating the need for the owner to be present in the UAE. As of March 2023, the Return on Investment (ROI) for 1-bedroom apartments in Business Bay was 5.8%.