Skycrest Collection: Damac's Waterfront Tower in Dubai Harbour
Skycrest Collection is a residential project by Damac Properties in Dubai Harbour, on the western edge of Dubai's coastline. Construction broke ground in April 2024, and handover is targeted for June 2027. The project combines apartments and duplexes in a waterfront location with a full amenity suite.
Dubai Harbour: What the Location Actually Means
Dubai Harbour sits between Dubai Marina and Palm Jumeirah, placing residents inside one of Dubai's most recognisable waterfront corridors. Sheikh Zayed Road runs close, with Downtown Dubai roughly 25 minutes away on a clear run. The Marina Walk, JBR Beach, and Bluewaters Island all fall within a short drive, and Palm Jumeirah sits minutes in the other direction. For a resident, this translates to genuine water access combined with well-developed urban infrastructure on both sides.
The address situates Skycrest Collection inside Dubai Harbour proper, not adjacent to it. In a master community where projects sometimes carry the district name while sitting several blocks from the actual waterfront, that placement carries weight.
For an investor, the corridor positions this development between two of Dubai's most established residential and tourism destinations. The surrounding infrastructure including dining, retail, and leisure is already built out at scale in the neighbouring communities.
AED 3.71M: A Single Price Point
The listed price for Skycrest Collection stands at AED 3,708,000. This figure reflects the one-bedroom apartment format. At this level in a Dubai Harbour waterfront project, the buyer profile is narrow: someone acquiring a primary waterfront residence, or an investor taking a position in the premium waterfront rental segment.
This is not an entry-level buy. The price places the one-bedroom alongside the upper tier of Dubai's residential offerings, reflecting the location and the waterfront access the project delivers.
Apartments and Duplexes: Two Distinct Buyer Profiles
Skycrest Collection offers two property types. Apartments come in one, two, and three bedroom layouts. Duplexes run from three to five bedrooms.
The one-bedroom at AED 3.71M suits a buyer who wants a compact, low-maintenance waterfront unit. The three-to-five bedroom duplexes serve a different purpose entirely: they target families and buyers who want large floor plans in a waterfront setting, where that scale commands a meaningful premium.
What the Amenity Mix Reveals
| Category | Amenities |
|---|---|
| Leisure and Wellness | Gymnasium, Shared Spa, Shared Pool |
| Waterfront | Beach Access, Children's Pool |
| Family | Children's Play Area |
| On-site Dining | Cafe and Restaurants |
Beach access is the headline. It anchors the waterfront proposition and is the primary differentiator for a buyer choosing this project. The spa, gym, and shared pool cover adult wellness at a level consistent with this price tier. The children's infrastructure is the more informative detail: a dedicated children's pool and a separate play area show that the developer is targeting families, not just investors filling short-stay inventory. On-site dining reduces dependence on leaving the development for everyday meals, a practical benefit in a waterfront location.
June 2027: Active Build, Three Years Out
Construction started in April 2024. Expected delivery is June 2027, a 38-month build window from ground-breaking. Buyers entering now are past the initial launch phase, with active construction underway and approximately three years remaining to handover.
The Payment Structure: 20% to Start
| Payment Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| At handover | 40% |
The 20% down payment is the entry requirement. Construction-period payments add another 40%, spread across the build timeline. The final 40% falls due at handover. The structure distributes payments across two phases of roughly equal weight: the construction period and the completion event, with the handover tranche representing a significant lump sum at the end.