The Crestmark is a premium residential development by one of Dubai’s leading developers — Ellington Properties. The long-awaited complex features a range of comfortable studios & 1–3 bedroom apartments. For those interested in more spacious units, there are luxury 4-bedroom penthouses on offer. Residents of The Crestmark will be able to enjoy unrivalled views of Dubai Water Canal and the Business Bay Marina. For detailed information on payment plans and layouts, please register your interest.
The real estate in The Crestmark by Ellington Properties is worth considering as an investment property to rent out. As of Q2 2023, the gross average ROI for 1-bedroom units in Business Bay, according to Property Finder, has reached 6%. The initial rental rates are set at AED 60K (USD 16K) per annum.
When investing in The Crestmark, foreigners become eligible for a 2 or a 10-year visa with a minimum qualifying sum of AED 750K (USD 204K) or AED 2M (USD 545K) respectively. Long-term visa holders in the UAE can bring their spouse and children based on family sponsorship.
*The price is valid for 2023