The Crestmark

The Crestmark by Ellington Properties is a modern high-rise residential complex located in the heart of Dubai's business district - Business Bay. Buyers can choose from comfortable studios, 1-3 bedroom apartments, and luxurious 3-4 bedroom penthouses with stunning views of Dubai Canal and the Business Bay Marina.

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$ 388 000
Starting price
Q1 2026
Completion
70/30
Payment Plan
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About the project

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luxury project in Business Bay

The Crestmark by Ellington Properties

The Crestmark by Ellington Properties is a recently announced luxury project in Business Bay offering a collection of 189 modern residences for purchase. The new lavish complex is being built on the first line of the Dubai Canal waterfront. The project is scheduled to be completed in the first quarter of 2026.

The Crestmark complex offers stylish residences of various configurations for purchase, including studios, 1-3 bedroom apartments, and three exclusive penthouses with 3-4 bedrooms. Luxury properties are available for purchase ranging in size from 46 sq. m to 567 sq. m. The design of the residences will be modern and cosmopolitan, with warm wood tones and natural materials used in the interiors. Understated modern interiors will allow residents to enjoy a serene atmosphere in the heart of the metropolis.

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Key advantages

Future residents will have access to a variety of premium facilities within the complex, including landscaped areas for relaxation and walks, direct access to the Dubai Canal waterfront, bike parking and a library. There will also be a terrace with lounges and chairs by the pool, a kinetic garden, changing cabanas, an infinity pool, separate saunas and steam rooms for men and women, a children's play area with a pool, and more. On the open terrace with a mini-kitchen and barbecue areas, you can organize an evening with family or friends.

  • Relaxation pool
  • green areas for walks
  • direct access to the canal promenade
  • playground - children's city and pool
  • terrace by the pool
  • mini-bowling alley
  • bike parking
  • library
  • various loungers and chairs on the terrace by the pool
  • changing rooms, infinity pool
  • learn more

The complex will feature game tables, a ski-ball area, and mini-bowling lanes. Residents can also enjoy the arcade zone. Those who love active leisure time can make the most of the fitness studio, running tracks, yoga areas, and functional training zones.

Residences feature at least one balcony, a fully equipped kitchen, a laundry room, and built-in wardrobes in bedrooms. Some apartments also include a study and a maid's room. Three-bedroom residences include a storage room and a room with an en-suite bathroom for domestic staff.

Parking is provided for car owners in the complex. Two parking spaces are allocated for owners of three-bedroom properties. Studio and 1-2 bedroom residence owners will receive one parking space each.

According to information from Ellington Properties developer, in the second quarter of 2023, the minimum cost of studios in the complex is AED 1.4 million (USD 388 thousand). The price of one-bedroom apartments in The Crestmark complex starts from AED 2.1 million (USD 572 thousand).

Infrastructure

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Residents of the new project The Crestmark will be able to enjoy the privileged location of the skyscraper on the Dubai Canal waterfront to the fullest. The project is being built surrounded by prestigious complexes, fashionable hotels, and various leisure locations. For example, you can have dinner with your family or friends at one of the restaurants: Suyaya Restaurants & Cafe, Puzatic Restaurant, La Maison, and many others. All of them are located within a 5-10 minute drive from the complex.

Within five minutes' walk, there are several bus stops: Coral Tower 2 and Canal Views Hotel Apartments 2. Within a 10-minute walk, there is the D-Marin Business Bay Marina water transport terminal.

The nearest educational institutions to the project are City School Holdings International, First Path Montessori - Early Childhood Center, Dubai International School, and Canadian Kids Nursery. All of them are located within a 5-10 minute drive from the complex. The same amount of time is required for a trip to medical institutions: Amana Healthcare, Mediclinic Dubai Mall, Haton Medical Center.

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Location

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5-15 minutes

Dubai Mall, Dubai Fountain, Museum of The Future, Burj Khalifa, City Walk

20-30 minutes

Palm Jumeirah, La Mer Beach, Dubai Marina, International Airport Dubai (DXB)

The luxurious project The Crestmark is being built in the very center of the prestigious Business Bay business hub, on the Dubai Canal waterfront. It will take a few minutes to get to Marasi Dr. Along this street, you can quickly get to the Ras Al Khor Road highway and reach any area of Dubai.

Well-known locations such as the Museum of The Future, Ras Al Khor Wildlife Sanctuary, and Downtown Dubai attractions are within a 5-10 minute drive from the complex. Popular shopping boutiques and stores in City Walk, as well as Dubai Mall, are also located within the same distance. The journey to Dubai Marina or the luxurious Palm Jumeirah will take about half an hour. A trip to the International Airport Dubai (DXB) will take 20-25 minutes by car.

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project benefits

Economic Attractiveness

The luxurious skyscraper The Crestmark will become Ellington Properties' second complex in the Business Bay area. The success of the previously announced project, The Quayside, whose properties were sold out within a day, shows the interest of potential investors in the developer's projects. Thanks to its strategically convenient location and developed infrastructure, buying property in the new complex will be an excellent option for businessmen, corporate employees, young couples, and families with children.

It is planned that the construction of The Crestmark complex will be completed in early 2026. The project belongs to the off-plan construction, and the developer offers advantageous payment plan options of 70/30 with a 20% down payment.
If you plan to invest and earn passive income in the future, buying residences in The Crestmark will be an excellent option. This type of property in Business Bay is in high demand among tenants. In the second quarter of 2023, the average rental price for one-bedroom apartments is from AED 90,000 (USD 25,000) per year. The ROI is at the level of 5.8%.

UAE residency visa

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Immediately after the completion of construction and the handover of residences, foreign investors will be able to apply for a UAE residency visa for two years or ten years. The visa duration depends on the size of the investment. If you buy a residence from AED 750,000 (USD 204,000), you will be able to apply for a visa for two years. In the case of purchasing a residence in the UAE worth AED 2 million (USD 545,000), the owner can apply for a ten-year "Golden Visa" for themselves and their family members.

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