THE CRESCENT by Damac Properties in Dubai Production City (IMPZ), Dubai, UAE: property for sale from the developer

Residential complex The Palm Crescent in Dubai

The Palm Crescent is an exclusive development brought to you by DAMAC Properties. Located close to two lakes in the Dubai Production City area the complex was constructed in 2008.

The complex includes the following buildings:

Tower A is 21 stories;
Tower B is 21 stories;
Tower C is 15 stories.

The residential complex boasts a wide range of amenities for its residents, including:

A spa center for relaxation and rejuvenation;
A fully equipped gym with changing rooms;
Temperature-controlled swimming pools;
A hot tub area for ultimate relaxation;
A sauna for unwinding after a long day;
A recreational area with billiards and table tennis;
A steam room;
24-hour security, surveillance, and concierge service;
A BBQ area for social gatherings;
A children's playground for fun and entertainment;
A tennis court for sports enthusiasts;
Multiple elevators for easy access;
Ample parking for residents and guests.

Property in The Palm Crescent, Dubai, UAE

The Palm Crescent residential complex in Dubai features a variety of studio and one- to two-bedroom apartments, with a total of over 900 units across three buildings. Studio sizes start at 46 sqm, while apartments range from 116 to 130 sqm.

Interiors are sleek and minimalist in design, with light-colored walls, neutral-toned ceramic flooring for easy maintenance, and large panoramic windows for ample natural light and a bright and cozy atmosphere.

Kitchens are equipped with built-in cabinets and countertops, and all units have fire safety systems and centralized air conditioning. Bathrooms feature high-quality fixtures, and bedrooms have built-in closets. Some floor plans even include separate walk-in closets adjacent to the master bedroom.

Properties for sale in The Palm Crescent

The residential complex is situated in an emerging district of Dubai, which keeps the cost of apartments in this area at a relatively accessible level. As the community continues to develop, the real estate market within the complex is poised to appreciate.

Currently, apartments in The Palm Crescent are available for purchase at prices from 255,000 AED (69,431 USD) to 750,000 AED (204,209 USD). The cost of studios within the complex varies from 255,000 AED (69,431 USD) to 380,000 AED (103,466 USD), while the prices of two-bedroom apartments range from 590,000 AED (160,645 USD) to 750,000 AED (204,209 USD).

Foreign buyers of property within The Palm Crescent may be eligible to receive a three-year residence visa upon purchase of real estate within the complex, provided that the purchase amount is 750,000 AED (204,209 USD) or higher. Furthermore, this visa may be extended and can serve as a basis for obtaining residence visas for family members.

Properties in The Palm Crescent

Lifestyle

The Palm Crescent apartments are a perfect home for those seeking to reside in a tranquil neighborhood away from the hustle and bustle of the city. However, the Palm Crescent apartments still have easy access to all the major points of the United Arab Emirates. The complex boasts a comfortable lifestyle with all the necessary conveniences. Residents of the apartment buildings can enjoy swimming in the large outdoor pool, playing with their children on the equipped playgrounds, and maintaining a healthy physique in the professionally equipped gym.

Two picturesque lakes are just a few minutes’ walk from the residential complex. Additionally, two schools, Arcadia, are situated just a nine-minute drive from the complex, making it an ideal choice for families with children.

Advantages of the residential complex

The Crescent Towers residential complex presents an excellent opportunity to purchase a high-quality apartment at a reasonable price. The complex offers all the necessary amenities and is situated in an area with well-developed infrastructure. The Mohammed bin Zayed highway provides easy access to various key areas in Dubai for residents.

Several bus stops are located near the complex, so residents can easily access public transportation. In just a ten-minute drive, residents can reach the City Center Me'aisem shopping mall, Spinneys and Carrefour supermarkets, and the Dubai Sports City sports complex. It takes 15 minutes to get to the coastal beaches and Dubai Marina district and 23 minutes to reach the city center.

Studios and apartments in The Palm Crescent

All apartments at The Palm Crescent have well-designed layouts for the maximum comfort of residents. Studio apartments include a living room, a kitchen, and a bedroom. The apartments also have a bathroom and a spacious balcony.

One-bedroom apartments feature a small entrance with a guest bathroom, an open kitchen with a bar counter, and an open space with a living and dining area. The spacious bedroom has an en-suite wardrobe and bathroom. These apartments also have two balconies accessible from the bedroom and living area.

The living and dining room of two-bedroom apartments are combined in one open space. Apartments of this type also feature an entrance hall, two bathrooms, a storage room, and a spacious balcony.

Investment Properties in The Palm Crescent

The Palm Crescent is located in the Dubai Production City free economic zone, which means that investors, including foreign investors, can purchase property with full private ownership rights. The location of the development, near a sports city, two golf clubs, and close to coastal and central areas of Dubai, makes it a popular choice among buyers and renters.

Owners of studio apartments can expect an annual rental income of 8.6%, while two-bedroom apartments have a rental yield of 8%. Contact the agency's specialists for help if you want to buy real estate from the DAMAC Properties developer in Dubai.

THE CRESCENT development properties

Developer Damac Properties

172All objects of the developer

2002Founded in

DAMAC Properties is a well-established construction company founded in 2002 that operates not only in the UAE but also in other countries. The developer's real estate projects are known for their high quality and reflect current trends in design and architecture. Many of the company's housing units have received prestigious international awards.

The developer has already built notable buildings such as the Cavalli Tower, a skyscraper designed by Roberto Cavalli. The developer also built the DAMAC Lagoons resort complex and the predominantly residential DAMAC Hills area. There is a professional golf course, as well as complexes of villas, townhouses, and apartments.

THE CRESCENT

Residential complex The Palm Crescent in Dubai

Property in The Palm Crescent, Dubai, UAE

Properties for sale in The Palm Crescent

Location

Features

Indoor facilities

Outdoor features