Address Grand Creek Harbour, Dubai Creek Harbour
Address Grand Creek Harbour is a twin-tower Emaar development on Creek Island, Dubai Creek Harbour, combining a 65-storey Address-branded hotel with the separate 53-storey Address Creek Harbour Residences 2 apartment tower. This guide covers the residential tower's unit types, location and short-term rental potential for owners, not the hotel component. Royale Stays manages the setup, pricing and guest side of running a short-term rental in the building for a fee from 15%.
Towers
65-storey hotel + 53-storey residences
Developer
Emaar Properties (The Lagoons Phase One)
Completed
2022-2023 (residential tower)
Unit Mix
1-4BR apartments, 4-5BR penthouses
Area
Creek Island, Dubai Creek Harbour
About Address Grand Creek Harbour
Address Grand Creek Harbour is a twin-tower, mixed-use Emaar development on Creek Island, Dubai Creek Harbour, built through Emaar's subsidiary The Lagoons Phase One with KEO International Consultants as architect. Construction began in June 2017; the complex comprises a 65-storey hotel tower (Address Grand Creek Harbour Tower 1, operated by Address Hotels + Resorts) and the separate 53-storey Address Creek Harbour Residences 2 apartment tower, connected by a glass pedestrian bridge.
This guide covers the residential tower, Address Creek Harbour Residences 2, which building-data sources list as a complete residential building, not the hotel tower, which has no individually owned units for an owner to manage. Address Hotels + Resorts is an Emaar Hospitality Group brand founded in 2008, distinct from Vida Hotels and Resorts, the one Emaar hospitality line confirmed to prohibit short-term letting outright.
Address Grand Creek Harbour is one of at least three separate Emaar "Address"-branded developments in Dubai Creek Harbour with easily confused names, and property-data sources do not always keep them straight. Address Harbour Point is a different complex in the Al Khairan First sub-area (also hotel plus serviced apartments, but different towers, storey counts and a different unit total). Address Residences at Dubai Creek Harbour (also marketed as "Address Residences Dubai Creek Harbour") is a newer, separate, still-under-construction tower expected to complete around Q1 2029. Even propsearch.ae's own transaction feed for Address Grand Creek Harbour mixes in sale records explicitly labelled "ADDRESS HARBOUR POINT TOWER 1/2" rather than staying limited to this project, confirming the naming collision is a real data-quality risk. Completion is given as a 2022-2023 range: propsearch.ae says completed by April 2023, while Mirage Global, the project's development-management consultant, lists a 2022 completion year. Unit-mix figures for the residential tower (one- to four-bedroom apartments plus four- and five-bedroom penthouses) are from propsearch.ae. Two neighbouring Address projects have very similar names, so treat this unit mix as indicative rather than exact.
Location & Nearby Landmarks
Address Creek Harbour Residences 2 sits on Creek Island within Dubai Creek Harbour, Emaar's master-planned waterfront community, with views toward the Santiago Calatrava-designed Dubai Creek Tower site, the Dubai Creek waterfront, Ras Al Khor Wildlife Sanctuary and the Downtown Dubai skyline, per propsearch.ae's building guide. For the wider district picture, see Royale Stays' guide to Airbnb management across Dubai Creek Harbour.
Owners comparing buildings in the area may also find it useful to look at other Dubai Creek Harbour towers Royale Stays has covered: Dubai Creek Residences North Tower 3, Dubai Creek Residence South Tower 2 and The Cove, each with its own layout and unit mix.
Unit Types
Address Creek Harbour Residences 2 offers one-, two-, three- and four-bedroom apartments, plus four- and five-bedroom penthouses on the upper levels, per propsearch.ae's building guide.
The complex's hotel tower, Address Grand Creek Harbour Tower 1, holds approximately 223 to 233 rooms and suites operated by Address Hotels + Resorts (sources vary slightly on the exact count); these are hotel rooms, not individually owned apartments, and fall outside the scope of this guide. No floor-plan diagrams are included here, as floor plans are typically the developer's or broker's proprietary material.
Amenities
Complex-level features include multiple food and beverage outlets and retail space, per the project's development-management consultant, and a glass pedestrian bridge connecting the hotel and residential towers, per propsearch.ae.
At the community level, Emaar's Dubai Creek Harbour master development includes waterfront promenades and further retail and dining space, along with views toward the Ras Al Khor Wildlife Sanctuary and the Dubai Creek Tower site, though these are area-wide features rather than confirmed facilities of this specific tower.
Transportation & Access
Dubai Creek Harbour does not have a confirmed Metro or Tram station within walking distance of Creek Island. Road access via Ras Al Khor Road and the Bur Dubai Bypass Road is the primary route into and out of the community, and Dubai International Airport is roughly a 15 to 20-minute drive away.
Rental & Price Trends
The figures below describe Dubai Creek Harbour at an area level rather than this particular tower. One-bedroom units run roughly AED 7,500 to 11,000 per month, two-bedroom units roughly AED 11,000 to 16,000 per month, and three-bedroom units roughly AED 18,000 to 24,000 per month gross, with annual gross yields in the 8 to 11 percent range; the larger four-bedroom and penthouse units this tower also offers sit above this range and are priced individually.
Propsearch.ae's transaction feed for this project mixes in Address Harbour Point sale records, a separate Emaar development, so no building-specific transaction price is cited here. Owners weighing a specific unit's earning potential can run their own numbers through Royale Stays' Dubai property ROI calculator.
STR Income Potential
Short-term letting anywhere in Dubai, including at Address Creek Harbour Residences 2, runs through a DTCM (Department of Economy and Tourism) holiday home permit. Because this tower sits within a hotel-branded Emaar complex (Address Hotels + Resorts), Royale Stays' standard process for hotel and serviced-apartment buildings applies: the permit is arranged through the building's own management company once Royale Stays reaches out directly, rather than as a standalone owner DTCM application. This is a routing difference, not a restriction. Address is not the Vida brand, the one Emaar hospitality line confirmed to prohibit short-term letting outright, so there is no policy reason apartments here cannot be run as licensed holiday homes. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
The bare search phrase "Address Grand Creek Harbour" is dominated by hotel-guest search intent (Address Hotels + Resorts' own site, Booking.com, Kiwi Collection and other hotel-booking platforms), reflecting the complex's well-known hotel component rather than confirming a named short-term-rental operator active at the residential tower specifically.
For an owner weighing whether Airbnb makes sense for a unit at Address Creek Harbour Residences 2, the practical starting points are the same as anywhere else in Dubai Creek Harbour: confirming the building's short-term letting policy with its management company, applying for the DTCM permit, and pricing the unit competitively against comparable Creek Harbour listings. Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly, and owners ready to move forward can submit their property for a free earnings estimate.
No Royale Stays-managed unit currently exists at Address Grand Creek Harbour. This guide does not claim a specific short-term rental income figure for this building; income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions