HRE Development
Forty-four apartments in a seven-storey building on Al Jaddaf Waterfront — two lifts, one parking space each, and a service charge estimated at AED 12 per sq ft.
Celeste is the smallest project HRE has launched — 44 residences — and the one where the numbers are most transparent: an estimated service charge of AED 12 per sq ft, one parking space per unit, two passenger lifts and one service lift. The payment plan is where the sources differ: HRE’s graphic shows 20% + 4% DLD, then 10% at 6, 12 and 18 months, and 50% on completion, while the portal records 20/30/50. The portal’s AED 1,650,000 entry price is the only published price.
Celeste is deliberately small: 44 one, two and three-bedroom apartments in a 2B + G + 7 building at Al Jaddaf Waterfront, ranging from 671 to 2,003 sq ft, with handover in Q2 2027. It is the opposite of HRE’s Dubai Science Park strategy: not 1,696 units, but a building small enough that every apartment has a view and every owner knows the concierge.
The location is the argument. Al Jaddaf Waterfront has become one of the more cultured addresses in Dubai — the Jameel Arts Centre and Palazzo Versace are a five-minute walk, the Mohammed Bin Rashid Library four minutes by car, and Al Jaddaf metro station ten minutes on foot. That is an unusual combination: waterfront, culture, and a working metro station within walking distance.
What to weigh. First, the small-building maths. Forty-four units with one parking space each and a service charge estimated at AED 12 per sq ft is a well-run proposition, but small buildings have thin service charge pools: a single major repair is shared among 44 owners. Ask for the reserve fund arrangement.
Second, the price. At a portal-listed AED 1,650,000 for the entry unit, Celeste is roughly twice the entry price of HRE’s JVC and Science Park buildings. You are paying for the district, the water and the scarcity. Check what an equivalent modern one-bed costs within a ten-minute walk before accepting it.
Third, the plan. A 50% payment on completion is heavy, and the two sources disagree on the middle instalments. On a AED 1.65m apartment, the difference between 30% and 40% during construction is around AED 165,000 of cash timing. Get the SPA.
Fourth, the view. A seven-storey building on a waterfront plot has real open views — but “open views” today can be a construction site in three years. Ask what the plots around Celeste are zoned for.
Compiled November 2026 from HRE Development’s Celeste page (44 residences, 671–2,003 sq ft, 1–3 bedrooms, 2B + G + 7, lifts, one parking space per unit, estimated AED 12 per sq ft service charge, Q2 2027, the amenities, and the walking and driving times to Al Jaddaf landmarks) and the listing portal’s record (price and payment plan).
HRE publishes the size range and the unit types; the portal publishes the entry price. With 44 units, the schedule is short enough to ask for in full.
| Type | Size | Price | Note |
|---|---|---|---|
| 1 bedroom | From 671 sq ft | From AED 1,650,000 (portal-listed) | Entry product |
| 2 bedrooms | On request | On request | |
| 3 bedrooms | Up to 2,003 sq ft | On request | Largest homes |
| Total | 44 units | — | 2B + G + 7 building |
At AED 1,650,000 for 671 sq ft the entry price works out at roughly AED 2,460 per square foot — a waterfront premium rather than a Dubai average. Check it against resale stock in Al Jaddaf and against Culture Village before deciding.
The three-beds at up to 2,003 sq ft are the product that does not really exist elsewhere in the district: family-sized, low-rise, waterfront. Ask how many there are — in a 44-unit building, the answer is likely to be small.
HRE’s plan is spread and front-loaded at completion: 20% on booking plus the 4% DLD fee, then 10% at six, twelve and eighteen months, then 50% on completion. The portal records a simpler 20/30/50.
| Stage | Developer graphic | Portal |
|---|---|---|
| On booking | 20% + 4% DLD | 20% |
| Within 6 months | 10% | — |
| Within 12 months | 10% | 30% (aggregate) |
| Within 18 months | 10% | — |
| On completion | 50% | 50% |
The 50% at handover is the part that matters. On AED 1,650,000 that is AED 825,000 payable at delivery, before furnishing and fees — so the practical question is whether you can fund or mortgage it in Q2 2027.
The 4% DLD fee is included in the down payment on HRE’s graphic, which is cleaner than most launches: it means the registration cost is dealt with at booking rather than sprung at transfer.

The list is short and appropriate to the building: a swimming pool with waterfront views, modern fitness and yoga spaces, landscaped shaded courtyards, a children’s area, and concierge with smart entry systems.
A rooftop or podium pool with water views in a seven-storey building is the amenity that will rent the flats, and the shaded courtyards matter more in Al Jaddaf than a large lawn would.
The concierge and smart entry are what a 44-unit building can afford to do well: fewer residents means a concierge who knows who lives there. Ask whether the concierge is 24-hour and whether it is in-house or contracted — the cost sits in your AED 12 per sq ft.
Celeste is on Al Jaddaf Waterfront, on the creek side of Al Jaddaf between the creek and Sheikh Rashid Road. HRE’s own times: Palazzo Versace five minutes on foot, Jameel Arts Centre five minutes on foot, Al Jaddaf metro station ten minutes on foot, Mohammed Bin Rashid Library four minutes by car, Dubai Creek Golf and Yacht Club ten, Souk Al Seef twelve.
That is one of the few Dubai addresses where walking is genuinely practical: culture, waterfront, hospitality and a metro station in the same ten-minute radius, with Downtown and the airport a short drive beyond.
The trade-off is that Al Jaddaf is still developing. There is construction around the creek, the retail is limited compared with Downtown, and some of what you see today will change. Ask about the zoning of the adjacent plots and the timeline for the waterfront promenade.
A 44-unit residential building by HRE Development at Al Jaddaf Waterfront in Dubai, with one, two and three-bedroom apartments from 671 to 2,003 sq ft in a 2B + G + 7 structure, due for handover in Q2 2027.
The listing portal shows Celeste from AED 1,650,000. HRE does not publish a price list, and with only 44 units the schedule is short enough to request in full.
From 671 to 2,003 sq ft across one, two and three-bedroom layouts.
HRE estimates AED 12 per sq ft per year, which is published rather than hidden. Ask what it covers and how the reserve fund is handled in a building of 44 units.
HRE's graphic shows 20% on booking plus 4% DLD, 10% at six, twelve and eighteen months, and 50% on completion. The portal records 20/30/50. Confirm in the sale and purchase agreement.
On the creek side of Al Jaddaf, between the creek and Sheikh Rashid Road, next to Culture Village. Downtown, Dubai Creek Golf and Yacht Club and the airport are all short drives away.
Unusually so. Palazzo Versace and the Jameel Arts Centre are about five minutes on foot, Al Jaddaf metro station about ten, and the Mohammed Bin Rashid Library four minutes by car.
It offers scarcity, a waterfront address and a metro within walking distance, with a transparent service charge. The risks are a price at a premium to the district average, a 50% payment at handover, construction around the creek, and a thin service charge pool in a small building.
One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.