Mangrove comes as a high-end residential complex by Emaar Properties at Creek Beach, Dubai Creek Harbour. The development comprises 2 towers and offers 135 units, namely 1-3 bedroom apartments with park views. The property sizes range from 615 sq. ft to 1,701 sq. ft.
The layouts include balconies, a laundry room and a closet. Owners of 3-bedroom residences will have a maid’s room with an ensuite bathroom at their disposal.
Within the complex are many exclusive spots to recharge, relax and socialise. These encompass 2 town squares, a town centre with shops and restaurants, direct park access, a communal co-working space, an outdoor landscaped seating area, an outdoor cinema, barbecue facilities, a gym and an outdoor toddler-only play area.
Mangrove boasts a strategic location near Ras Al Khor Road, providing excellent connectivity to various parts of the emirate. In addition, residents will enjoy the convenience of being just a short drive away from Dubai International Airport, Dubai Festival City and Business Bay, all reachable within approximately 15 minutes.
For those who prefer public transportation, the Dubai Creek Harbour Marine Transport Station is within walking distance from the development.
Within a 25-minute walk, residents have access to a wide range of facilities and amenities that cater to all their needs. These include Geant Express, Dubai Creek Residences, Dubai Creek Life Pharmacy, Creek Marina Yacht Club and various dining options such as Mondoux, The Courtyard, Next Door Kitchen and Amici Miei Dubai Creek Harbour.
Moreover, Mangrove is surrounded by reputable schools and clinics, consisting of Deira International School, Universal American School, Nad Al Hammar Health Center and Al Rashidiya Medical Fitness Center. All of these can be found within a 15-minute drive from the complex.
Investing in Mangrove gives buyers the opportunity to secure a 2-year residence visa. If the property value exceeds AED 2M (USD 545K), homeowners will be eligible for a 10-year Golden visa. Both visas cover the owner’s spouse and children, while the Golden visa also includes household staff.
As of Q2 2024, 1-bedroom apartments in Dubai Creek Harbour offer an average gross ROI of 6.8%. Rental rates for this property type are AED 80K (USD 22K) per year. Such indicators ensure stable income should you decide to rent out your property in Mangrove.