Celeste by HRE Development

OFF-PLAN OVERVIEW
Celeste is a boutique, low-density residential project by HRE Development, located in Al Jaddaf Waterfront, Dubai. It is HRE’s smallest but most premium development, focused on quiet living and long-term value.
Developer: HRE Development
Location: Al Jaddaf Waterfront, Dubai
Ownership: Freehold
Handover: Q2 2027
Project Type: Boutique / mid-rise premium residence
PROJECT CONCEPT
Only 44 apartments — low density and high privacy
Mid-rise building
Quiet, exclusive living environment
Focused on end-users and long-term rentals
More boutique and elite compared to large-scale Skyhills projects.
UNIT TYPES & SIZES (APPROX.)
1 Bedroom: 700 – 850 sq ft
2 Bedroom: 1,100 – 1,350 sq ft
3 Bedroom: 1,700 – 2,000+ sq ft
Large balconies, floor-to-ceiling windows, modern open kitchens, and spacious living areas.
PRICES (APPROX.)
1 Bedroom: ~AED 1.25M – 1.40M
2 Bedroom: ~AED 1.90M – 2.30M
3 Bedroom: ~AED 3.00M – 3.50M+
Higher price per sq ft than Skyhills, justified by fewer units, quieter setting, and better location.
PAYMENT PLAN
Standard 50 / 50 structure:
10–20% on booking
30–40% during construction
50% on handover (Q2 2027)
No long post-handover plan.
AMENITIES
Swimming pool
Fitness & yoga area
Landscaped seating areas
Children’s play area
24/7 security
Covered parking
Smart access systems
No resort-style crowds — focus on calm and quality.
LOCATION — AL JADDAF WATERFRONT
Downtown Dubai: ~10 min
Dubai Mall: ~10 min
Dubai Creek: ~5 min
DXB Airport: ~8–10 min
Close to hospitals, schools, hotels, and cultural landmarks. Strong long-term appreciation due to waterfront proximity.
INVESTMENT PROFILE
Long-term rental focus
Target tenants: professionals, doctors, families
Estimated gross yield: ~5–6%
Pros:
Low competition
Waterfront proximity
Ideal for premium living
Stable value growth
Cons:
Not suitable for short-term rentals
Limited social facilities compared to mega projects
SUITABLE FOR
End-users in Dubai
Buyers seeking quiet, premium living
Long-term, low-risk investors
Not suitable for quick flipping strategies.
PROJECT COMPARISON
Skyhills Residences — large scale, 2026, balanced investment
Skyhills Astra — very large, 2027/28, community-focused
Celeste — boutique, 2027, premium living
SUMMARY
Celeste by HRE Development is a boutique off-plan project designed for buyers prioritizing privacy, quality, and long-term value in a prime Al Jaddaf Waterfront location.

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