Cresswell Plaza

Key facts

Handover

Q3 2026

Status

Under construction

Ownership

leasehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• CCTV Security
• Gymnasium
• Restaurants
• Children's Play Area

Location

Cresswell Plaza sits in Cresswell Plaza.

Master plan

The developer’s own site plan for Cresswell Plaza, showing how the buildings, roads and open space sit together.

How Cresswell Plaza compares

Entry here is AED 1.1M, against a median of AED 960,000 across the 44 priced projects in Residential District, which puts it above 30 of them and below 13. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q3 2026, alongside 94 other projects completing in the same quarter.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 10% on booking, 20% during construction and 70% at handover. The 20% due during construction falls in two instalments of 10%, at 90 and 180 days from booking. At the AED 1,110,000 entry price, that is AED 111,000 to reserve a unit, AED 222,000 across the build, and AED 777,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 44,000 at this entry price. That 10% booking payment does not go to Merath Development directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 802 square feet at AED 1,110,000, which works out at AED 1,384 per square foot. Stated sizes run from 802 to 1,389 square feet.

Ownership and residency

Units here are leasehold rather than freehold, so ownership runs for a fixed term rather than in perpetuity. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in 1 to 2 bedroom layouts.

What is on site

Shared facilities recorded for Cresswell Plaza are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area. 7 floor plans are published for it.

Frequently asked