2-bed · 1,121 sqftAddress Harbour Point Tower 1, Dubai Creek Harbour · 24th floor · completed 2023

2405, Address Harbour Point Tower 1

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 7 December 2024
Last soldAED 2.85M11 January 2018
Current rentAED 200K /yr7 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Address Harbour Point Tower 1

What is 2405 worth today?

Last sold for AED 2,849,888 in 2018

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7 Dec 2024RentedRenewal
AED 200,000/yr12 months · AED 178 per sqft
7 Dec 2024RentedNew contract
AED 200,000/yr12 months · AED 178 per sqft
11 Jan 2018Sold by developerOff-plan
AED 2,849,888AED 2,541 per sqft

Source: Dubai Land Department. Updated 7 December 2024.

Key facts

Type
2-bed hotel apartment
Size
1,121 sqft
Floor
24th of 53
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 2.85M · January 2018

About 2405, Address Harbour Point Tower 1

2405 is a two-bedroom hotel apartment of 1,121 sqft on the 24th floor of Address Harbour Point Tower 1, a 53-storey tower in Dubai Creek Harbour completed in 2023 by Emaar. The developer sold it on 11 January 2018 for AED 2,849,888, or AED 2,541 per sqft, in line with the AED 2,561 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 7 December 2024, is AED 200,000 a year: a gross yield of 7.0% on the 2018 price.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Address Harbour Point Tower 1
3M4M2017202020232026Typical sale price by year: 2017 AED 2,847,888; 2018 AED 2,834,388; 2019 AED 2,868,388; 2020 AED 2,882,888; 2021 AED 3,196,170; 2022 AED 3,169,888; 2023 AED 3,440,000; 2024 AED 4,250,000; 2025 AED 4,600,000; 2026 AED 4,085,000Sold by developer, January 2018: AED 2,849,888 (AED 2,541 per sqft)

2405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Address Harbour Point Tower 1
200K220K2024202520262027Typical rent by year: 2024 AED 225,000; 2025 AED 226,500; 2026 AED 200,000Renewal, December 2024: AED 200,000 a yearNew contract, December 2024: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Address Harbour Point Tower 1, and where 2405 sits

All 116 2-beds →

2405 last sold in January 2018 at AED 2,541 per sqft, in line with what two-beds in Address Harbour Point Tower 1 were fetching at the time (AED 2,561). Over the last 12 months two-beds sold for AED 3,000,000 to 6,850,000, around AED 3,401 per sqft, and rent for AED 120,000 to 330,000 a year. 2405's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20263,700,000
16 Mar 20266,850,000
2 Mar 20264,085,000
18 Feb 20266,400,000
6 2-bed sales in the last 12 months

Address Harbour Point Tower 1

Building

265 apartments, 1-bed to 4-bed over 53 floors in Dubai Creek Harbour, completed in 2023 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 3,565 Down 0.9%
Typical sale
AED 4.42M
Typical rent
AED 170K /yr
Typical yield
5.2%
Address Harbour Point Tower 1, Dubai Creek Harbour: prices, sales and rents →
Value
24012-bedAED 2.91M · Jan 2018
24021-bedAED 1.9M · Jan 2018
24031-bedAED 1.9M · Jan 2018
24041-bedAED 1.89M · Jan 2018
24063-bedAED 2.79M · Jan 2018
24071-bedAED 1.44M · Jan 2018
24081-bedAED 1.42M · Jan 2018
1–7 of 9

2405, Address Harbour Point Tower 1 in numbers

  • Sold once: by Emaar on 11 January 2018 for AED 2,849,888, or AED 2,541 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2018 price is 7.0%.
  • Two-beds in Address Harbour Point Tower 1 sold for AED 3,000,000–6,850,000 in the 12 months to November 2026; the building's median across all types is AED 3,565 per sqft.

Source: Dubai Land Department. Updated 7 December 2024.

Questions about 2405, Address Harbour Point Tower 1

What did unit 2405 last sell for?

AED 2,849,888 on 11 January 2018, sold by the developer: AED 2,541 per sqft for 1,121 sqft. It is the only registered sale of the unit.

What is the rent for unit 2405?

AED 200,000 a year on the contract renewed on 7 December 2024. The previous contract, from December 2024, was AED 200,000.

How big is unit 2405?

1,121 sqft (104.1 sqm): a two-bedroom hotel apartment on the 24th floor of a 53-storey tower completed in 2023.

What is unit 2405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Address Harbour Point Tower 1 sold for AED 3,000,000 to 6,850,000 in the last 12 months, around AED 3,401 per sqft.

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Mortgage on 2405, Address Harbour Point Tower 1

Starts from the last sale price (AED 2.85M, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,849,888
Deposit, UAE resident (20%)
AED 569,978
Deposit, non-resident (40%)
AED 1,139,955
Monthly over 25 years at 3.7%
AED 11,660

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →