Emaar picks London for 2015 first tower launch

January 19th, 2015

emaar two towers

Emaar Properties, Dubai’s largest property developer, is set to commence sales for its first towers of 2015 on January 24, which are the remaining two towers of the six-tower Dubai Creek Residences.

The launch of the towers, part of the multi-billion-dollar Dubai Creek Harbor at The Lagoons master development, will be simultaneously in Dubai, Abu Dhabi and London.

The two towers will be 30- and 35-storeys high, with units ranging between 880 and 2,154 square feet.

Dubai Creek Harbor at The Lagoons is a joint venture between Emaar and Dubai Holding.

In November 2014, Emirates 24|7 reported that developers had not increased launch prices of the units and were selling units facing the Creek for Dh1,850 per square feet (psf) and ones not facing the Creek at Dh1,400 psf.

Dubai Creek Residences cluster comprises six towers, in Dubai Creek Harbour at The Lagoons, which will house 3,664 office units, eight million square feet of retail space, 39,000 residential units and 22 hotels with 4,400 rooms. The centerpiece will be the Dubai Twin Towers, the tallest twin towers in the world, but no announcement has been made of its launch.

Source: Emirates 24/7

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