The Crestmark

About the project

The Crestmark is a 191-unit residential development by Ellington Properties in Business Bay, Dubai. It comprises apartments and penthouses in a single G+3P+18F residential building. The project is active, with construction recorded at 61.18% complete and handover anticipated in Q1 2026.

The project and building

The Crestmark is planned as one residential building with a G+3P+18F configuration. Its construction specification includes a concrete structure, blockwork, and internal and external finishes. The development contains 191 units and includes four passenger elevators and one service elevator. Homes are specified with home automation. The project also provides Dubai Water Canal access and a canal boardwalk connection. The residential collection combines studios and apartments with larger penthouse residences, creating a range of layouts within one Business Bay address. Freehold ownership is listed for the development.

Apartments and penthouses

The Crestmark offers studios, one-bedroom, two-bedroom and three-bedroom apartments, as well as three- to four-bedroom penthouses. Studio apartments range from 493 to 538 sq. ft. One-bedroom homes range from 747 to 1,074 sq. ft, while two-bedroom homes measure from 1,046 to 1,584 sq. ft. Three-bedroom apartments range from 1,593 to 3,080 sq. ft. The three- to four-bedroom penthouses range from 2,742 to 6,104 sq. ft. Studios, one-bedroom and two-bedroom units include one car parking space, while three-bedroom units include two car parking spaces. Launch prices were listed from AED 1,426,828 for studios, AED 2,100,828 for one-bedroom apartments, AED 2,831,828 for two-bedroom apartments and AED 4,230,828 for three-bedroom apartments.

Pools, wellness and leisure facilities

The amenity programme includes a leisure and lounge pool, infinity pool, kids pool, cabanas, a Baja shelf, sun loungers, a pool deck and courtyard access. Fitness facilities include a functional training zone, treadwall, fitness studio, indoor yoga area, outdoor yoga area, zen room and wellness studio access. Male and female changing rooms are each paired with showers, steam rooms and saunas. Social and recreational spaces include a mini bowling alley, arcade room, arcade machines, games table, skee ball area and TV game room. The project also includes a secret club room with a bar and kitchenette, dining and lounge area, and club room terrace. A library area, hub desk, courtyard, kinetic garden, barbecue area, indoor and outdoor kids play areas, and Kidtropolis World are also part of the facilities.

Arrival, parking and day-to-day facilities

The arrival areas at The Crestmark include a drop-off area, lobby reception and lobby lounge. Parking provisions include resident car parking, visitor parking, bicycle parking with a wash area, and a move-in truck zone. Passenger elevators and a separate service elevator serve the building. The leisure spaces are arranged alongside the pool deck and courtyard, while the canal boardwalk access connects the project to the Dubai Water Canal. The anticipated service charge is AED 18 per sq. ft. The building’s home automation feature is included across the residences.

Business Bay setting

The Crestmark is located in Business Bay, a mixed-use district on the Dubai Canal. The project has access to the Dubai Water Canal and its canal boardwalk. Business Bay Metro Station is listed five minutes away. Other listed destinations include Dubai International Financial Centre at two minutes, Meydan Golf Course at four minutes, Dubai Mall and Burj Khalifa at 12 minutes, Dubai International Airport at five minutes, Dubai Opera at 14 minutes and City Walk at 15 minutes. Dubai Creek Golf & Yacht Club is listed nine minutes away, while Palm Jumeirah is listed 20 minutes away.

Price, payment plan and handover

Starting prices for The Crestmark are listed from AED 1.5 million. The payment structure is 70/30: 20% is due as the down payment, 50% is payable during construction, and the remaining 30% is due on handover. Handover is anticipated in Q1 2026. The construction status is active, and the recorded completion ratio is 61.18%. The project started on 26 September 2023.

The developer

The Crestmark is developed by Ellington Properties. Ellington Properties has operated in Dubai since 2014 and develops residential projects in locations including Downtown Dubai, Palm Jumeirah and Jumeirah Village Circle. The developer’s stated focus includes design, aesthetics and comfort. At The Crestmark, the residential specification includes home automation, a broad pool and wellness programme, recreational rooms, children’s spaces and canal access.

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