Al Jaddaf Dubai: 6 Waterfront Projects Near Creek Metro in 2025

REAL ESTATE1 month ago

Al Jaddaf, a historically rich waterfront community in Bur Dubai along Dubai Creek, has evolved from a traditional dhow-building hub into a thriving residential and cultural destination. Strategically located between Downtown Dubai (10-minute drive), Dubai International Airport (10 minutes), and Business Bay (12 minutes), it offers seamless connectivity via Al Jaddaf Metro Station (Green Line), bus routes (C04), and major highways (Sheikh Zayed Road, Al Khail Road).

In 2024, Al Jaddaf recorded a 15% YoY price increase (AED 1,500–2,200/sq.ft.), with rental yields of 7–9% for apartments, driven by its proximity to Jaddaf Waterfront (Culture Village), Mohammed Bin Rashid Library, and Zabeel Stadium.

Six off-plan waterfront projects near Al Jaddaf Metro Station—Ellington Art Bay, Iraz Creek View, Adeba Azizi, Binghatti Ivory, Binghatti Pinnacle, and Montage—offer smart home technology, sustainable designs, and modern amenities, appealing to young professionals, families, and investors.

These projects align with Dubai’s 2040 Urban Master Plan and Clean Energy Strategy 2050, promising strong investment potential and a vibrant lifestyle. This guide details their features, investment potential, and market trends.

1. Ellington Art Bay

Location: Jaddaf Waterfront, Al Jaddaf, 5-minute walk from Al Jaddaf Metro Station.
Developer: Ellington Properties.
Features: A luxury residential tower with studios, 1–3-bedroom apartments, and duplexes (450–2,000 sq.ft.). Includes AI-driven smart home systems (voice-activated lighting, security), solar panels (10% energy savings), and sustainable materials. Offers rooftop pools, art-inspired lounges, gyms, and direct access to Jaddaf Waterfront’s cultural hub (Jameel Arts Centre, Sculpture Park). Views of Dubai Creek and skyline.
Waterfront Lifestyle: Steps from Mohammed Bin Rashid Library (1.1M books) and waterfront promenade with cafes and art galleries. Proximity to Al Wasl Sports Club (5-minute drive) supports an active lifestyle.
Price Range: AED 1.2M–3.5M (AED 1,700–2,200/sq.ft.).
Investment Potential: 7–9% yields (studios: 9%, 1-bedroom: 8%), 12–15% appreciation. Golden Visa eligible (AED 2M+). High rental demand (AED 60K–150K/year) from professionals due to metro access and cultural attractions. Offers a 70/30 payment plan.
Why Waterfront: Blends artistic design with creek views and smart technology, ideal for creative professionals and art enthusiasts.
Status: Under construction, completion expected in Q4 2026.

2. Iraz Creek View

Location: Al Jaddaf, near Dubai Creek, 7-minute walk from Al Jaddaf Metro Station.
Developer: Iraz Group.
Features: A mid-rise tower with 1–3-bedroom apartments (600–1,800 sq.ft.). Features smart home automation (AI climate control, security), energy-efficient HVAC (12% savings), and modern interiors. Includes infinity pools, fitness centers, and retail. Views of Dubai Creek and Ras Al Khor Wildlife Sanctuary.
Waterfront Lifestyle: Access to waterfront boardwalks and dining (e.g., Solo Dubai, 5-minute drive). Close to Dubai Festival City (10-minute drive) for shopping and entertainment.
Price Range: AED 1.3M–3M (AED 1,600–2,000/sq.ft.).
Investment Potential: 7–8.5% yields, 10–15% appreciation. Golden Visa eligible (AED 2M+). Strong rental demand (AED 60K–140K/year) from families and professionals due to creek proximity and connectivity. Offers a 1% monthly payment plan (6 years).
Why Waterfront: Affordable luxury with creek views and eco-friendly features, appealing to young families and investors.
Status: New launch, completion expected in Q3 2026.

3. Adeba Azizi

Location: Al Jaddaf, near Jaddaf Waterfront, 6-minute walk from Al Jaddaf Metro Station.
Developer: Azizi Developments.
Features: A residential tower with studios, 1–2-bedroom apartments (400–1,500 sq.ft.). Includes smart thermostats, solar-powered lighting (10% savings), and high-end finishes. Offers pools, kids’ play areas, and retail. Views of Dubai Creek and skyline.
Waterfront Lifestyle: Walkable to Jaddaf Waterfront’s dining and cultural spots (Jameel Arts Centre, 5-minute walk). Proximity to Latifa Hospital (5-minute drive) ensures family-friendly living.
Price Range: AED 900K–2.5M (AED 1,500–2,000/sq.ft.).
Investment Potential: 7–9% yields (studios: 9%, 1-bedroom: 8.5%), 10–12% appreciation. Golden Visa eligible (AED 2M+ for select units). High rental demand (AED 50K–120K/year) from young professionals due to affordability and metro access. Offers a 60/40 payment plan.
Why Waterfront: Budget-friendly smart homes with creek access, ideal for first-time buyers and investors.
Status: New launch, completion expected in Q3 2026.

4. Binghatti Ivory

Location: Al Jaddaf, near Dubai Creek, 5-minute walk from Al Jaddaf Metro Station.
Developer: Binghatti Developers.
Features: A modern tower with 1–3-bedroom apartments (600–1,800 sq.ft.). Features AI-driven smart homes (security, lighting), eco-friendly HVAC (12% savings), and sleek designs. Includes rooftop lounges, gyms, and retail. Views of Dubai Creek and Burj Khalifa.
Waterfront Lifestyle: Close to waterfront restaurants (e.g., Mazaraa Kitchen, 5-minute drive) and Zabeel Stadium (5-minute drive) for sports enthusiasts. Access to Jaddaf Waterfront’s cultural events.
Price Range: AED 1.5M–3.2M (AED 1,700–2,200/sq.ft.).
Investment Potential: 7–8.5% yields, 12–15% appreciation. Golden Visa eligible. High rental demand (AED 70K–150K/year) from professionals and tourists due to Airbnb appeal (34,558 listings, +30% YoY) and metro proximity. Offers a 65/35 payment plan.
Why Waterfront: Contemporary design with creek views and smart technology, attracting tech-savvy buyers.
Status: Under construction, completion expected in Q4 2025.

5. Binghatti Pinnacle

Location: Al Jaddaf, near Jaddaf Waterfront, 6-minute walk from Al Jaddaf Metro Station.
Developer: Binghatti Developers.
Features: A high-rise tower with 1–3-bedroom apartments and duplexes (700–2,000 sq.ft.). Includes smart home systems (AI climate control, security), solar panels (10% savings), and luxury finishes. Offers infinity pools, co-working spaces, and retail. Views of Dubai Creek and skyline.
Waterfront Lifestyle: Walkable to Jaddaf Waterfront’s Sculpture Park and dining. Proximity to Dubai Design District (15-minute drive) appeals to creative professionals.
Price Range: AED 1.6M–3.5M (AED 1,800–2,200/sq.ft.).
Investment Potential: 7–8.5% yields, 12–15% appreciation. Golden Visa eligible. Strong rental demand (AED 80K–160K/year) from professionals due to cultural hub access and connectivity. Offers a 70/30 payment plan.
Why Waterfront: Premium design with creek-front views and smart amenities, ideal for urban professionals.
Status: Under construction, completion expected in Q4 2025.

6. Montage

Location: Jaddaf Waterfront, 5-minute walk from Al Jaddaf Metro Station.
Developer: KeyMavens.
Features: A boutique tower with 1–3-bedroom apartments (600–1,800 sq.ft.). Includes AI-powered smart homes, energy-efficient lighting (12% savings), and a full-floor amenity deck (pools, gyms, lounges). Offers curated wellness amenities and creek views. Views of Dubai Creek and Ras Al Khor Wildlife Sanctuary.
Waterfront Lifestyle: Direct access to Jaddaf Waterfront’s promenade, Jameel Arts Centre, and Mohammed Bin Rashid Library. Close to Dubai Creek Harbour (15-minute ferry ride) for additional leisure.
Price Range: AED 1.1M–3M (AED 1,600–2,000/sq.ft.).
Investment Potential: 7–9% yields, 12–15% appreciation. Golden Visa eligible (AED 2M+). High rental demand (AED 60K–140K/year) from art enthusiasts and professionals due to cultural proximity and metro access. Offers a 60/40 payment plan.
Why Waterfront: Exclusive residences with wellness-focused design and creek-front living, appealing to niche buyers.
Status: Under construction, completion expected in Q2 2027.

Investment Trends for 2025

Rental Yields: 7–9% for apartments (studios: 9%, 1-bedroom: 8–8.5%, 2–3-bedroom: 7–7.5%). Adeba Azizi and Ellington Art Bay lead for studio yields; Binghatti Pinnacle excels for luxury rentals. Short-term rentals (Airbnb, 34,558 listings, +30% YoY) yield 8–10%, driven by 20M tourists and cultural attractions.
Price Appreciation: 12–15% annually, fueled by Al Jaddaf’s 15% YoY growth (AED 2,200/sq.ft. in 2024), infrastructure (upcoming Etihad Rail Station), and freehold ownership shift. Off-plan properties gain 20–30% by completion (2025–2027).
Golden Visa: Properties above AED 2M qualify for 10-year residency, attracting 150,000+ investors and HNWIs (7,200 in 2024). All projects offer eligible units except some Adeba Azizi studios.
Financing and Incentives: Flexible payment plans (e.g., 1% monthly, 60/40, 70/30) and incentives (waived DLD fees for Binghatti projects) lower entry costs. A AED 1.5M apartment requires ~AED 300K down payment and AED 7,200/month (20 years, 4%). Mortgages available at 3.99–4.25%.
Demand Drivers: Al Jaddaf’s 90,000 residents, proximity to cultural landmarks (Jameel Arts Centre, Mohammed Bin Rashid Library), and connectivity (metro, upcoming Etihad Rail) drive demand. Proximity to Dubai Creek Harbour (15-minute ferry) and Ras Al Khor Wildlife Sanctuary (9-minute drive) enhances lifestyle appeal.

Sustainability and Market Resilience

Green Features: All projects incorporate solar panels, AI-driven systems, and energy-efficient designs (10–12% savings), aligning with Dubai’s Clean Energy Strategy 2050. Ellington Art Bay and Montage aim for LEED Silver certification, appealing to eco-conscious buyers.
Market Stability: RERA regulations, escrow accounts, and 80% absorption since 2022 ensure stability. A potential 15% price correction in H2 2025 is mitigated by 60% cash transactions and high demand from tourists and professionals.
Risks: Construction noise from ongoing projects (56 buildings under construction) and limited retail options (nearest: Wafi Mall, 10-minute drive) may affect early residents. Mitigated by metro access, planned retail (Jaddaf Waterfront), and cultural amenities.

Renting vs. Buying

Renting:
- Costs: Studios (AED 50K–70K/year), 1–2-bedroom apartments (AED 70K–140K/year), 3-bedroom units (AED 120K–200K/year).
- Advantages: Flexibility for short-term residents (1–3 years), no maintenance costs, three-year rent freeze (September 2024).
- Drawbacks: Misses 12–15% appreciation and Golden Visa benefits.
Buying:
- Advantages: 7–9% yields, 12–15% growth, utility savings (10–12%), Golden Visa eligibility. Waterfront views and cultural access enhance rental appeal.
- Drawbacks: Higher initial costs, correction risk. Mitigated by payment plans and demand.
Strategy: Rent for flexibility; buy for long-term gains (5+ years).

Conclusion

Al Jaddaf’s six waterfront projects—Ellington Art Bay, Iraz Creek View, Adeba Azizi, Binghatti Ivory, Binghatti Pinnacle, and Montage—offer premium living near Al Jaddaf Metro Station in 2025, with 7–9% rental yields and 12–15% appreciation. Priced from AED 900K–3.5M, these developments feature smart home technology, sustainable designs, and access to Jaddaf Waterfront’s cultural hub (Jameel Arts Centre, Mohammed Bin Rashid Library). Catering to Dubai’s 3.92M population, 20M tourists, and professionals, they align with the 2040 Urban Master Plan for connected, sustainable communities. Despite a potential 15% price correction, Al Jaddaf’s freehold status, metro connectivity, and upcoming Etihad Rail Station ensure strong ROI. Al Jaddaf