FAQ
Who is building The Crestmark?
The new complex is being built by Ellington Properties, a developer that specializes in upscale real estate.
What part of the city is The Crestmark by Ellington Properties Development located in?
The project is found in the popular Business Bay district on the bank of the picturesque Dubai Canal.
What property types does the project include?
Buyers can choose between studios and 1-, 2-, and 3-bedroom apartments in The Crestmark or opt for 3- and 4-bedroom penthouses.
When will property in The Crestmark be move-in ready?
The construction completion is scheduled for Q1 2026.
What payment plans are available for off-plan apartments for sale at The Crestmark?
Buyers are entitled to a 70/30 instalment plan with a 20% down payment.
What is the property cost in The Crestmark?
The starting property price in The Crestmark is AED 1.5 million (USD 408,500), while luxury penthouses are worth upwards of AED 30 million (USD 8.17 million).
Can you become a UAE resident for purchasing real estate in The Crestmark?
Yes, buying residences in the new complex makes foreign citizens eligible for a residence permit in the emirate.
What visa types are available for a foreigner upon buying a home in the new project?
The residence visa type depends on the value of the purchased property, and the validity term accordingly ranges from 2 to 5 years.
Can a foreign citizen buy an apartment in The Crestmark for investment or living?
Buyers will have full ownership rights on their purchased properties.
Are The Crestmark apartments for sale a good investment asset?
The Crestmark in Business Bay is a premium project by the famous Ellington Properties located in the heart of the metropolis and offering views of the canal and a wide range of amenities. Such homes are in high demand, and their value rises quickly. In 2022, the cost of apartments in Business Bay increased by 29% compared to the Dubai average of 14–17%.
What standard of living will The Crestmark offer?
The convenient location in one of the world’s most famous business districts, proximity to essential facilities and tourist sights, and a huge range of amenities for leisure and recreation will ensure a comfortable lifestyle in the complex. Its residents will be able to kick back at a secret lounge, relax in the infinity pool, go for rock climbing, or read in the library on the premises.
What are the advantages of living in Business Bay?
This business community is located in the central part of the city, where residents have access to major business complexes, best schools, clinics, shops, bars, and restaurants.