1-bed · 721 sqftAddress Harbour Point Tower 1, Dubai Creek Harbour · 24th floor · completed 2023

2408, Address Harbour Point Tower 1

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

Unit 2408 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.42M17 January 2018
Current rentAED 175K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, Address Harbour Point Tower 1

What is 2408 worth today?

Last sold for AED 1,422,888 in 2018

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20 Dec 2024RentedRenewal
AED 175,000/yr12 months · AED 240 per sqft
17 Jan 2018Sold by developerOff-plan
AED 1,422,888AED 1,972 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed hotel apartment
Size
721 sqft
Floor
24th of 53
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 1.42M · January 2018

About 2408, Address Harbour Point Tower 1

2408 is a one-bedroom hotel apartment of 721 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 17 January 2018 for AED 1,422,888, or AED 1,972 per sqft, 7% below the AED 2,128 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2024. The current contract, renewed on 20 December 2024, is AED 175,000 a year: a gross yield of 12.3% on the 2018 price.

Sales and rents for 2408 over time

Sales
Unit 2408, each saleTypical one-bed in Address Harbour Point Tower 1
2M3M2017202020232026Typical sale price by year: 2017 AED 1,718,888; 2018 AED 1,562,388; 2019 AED 1,888,888; 2020 AED 2,136,888; 2021 AED 2,019,388; 2022 AED 1,620,888; 2023 AED 2,337,500; 2024 AED 2,600,000; 2025 AED 2,850,000; 2026 AED 2,900,000Sold by developer, January 2018: AED 1,422,888 (AED 1,972 per sqft)

2408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2408, each contractTypical one-bed in Address Harbour Point Tower 1
140K160K180K2024202520262027Typical rent by year: 2024 AED 150,000; 2025 AED 150,000; 2026 AED 140,000Renewal, December 2024: AED 175,000 a year

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

1-beds in Address Harbour Point Tower 1, and where 2408 sits

All 90 1-beds →

2408 last sold in January 2018 at AED 1,972 per sqft, 7% below what one-beds in Address Harbour Point Tower 1 were fetching at the time (AED 2,128). Over the last 12 months one-beds sold for AED 2,600,000 to 2,950,000, around AED 3,974 per sqft, and rent for AED 85,000 to 200,000 a year. 2408's AED 175,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Oct 20262,600,000
19 Feb 20262,900,000
6 Jan 20262,950,000
20 Oct 20253,000,000
3 1-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 173K /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
24052-bedAED 2.85M · Jan 2018
24063-bedAED 2.79M · Jan 2018
24071-bedAED 1.44M · Jan 2018
1–7 of 9

2408, Address Harbour Point Tower 1 in numbers

  • Sold once: by Emaar on 17 January 2018 for AED 1,422,888, or AED 1,972 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2018 price is 12.3%.
  • One-beds in Address Harbour Point Tower 1 sold for AED 2,600,000–2,950,000 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 20 December 2024.

Questions about 2408, Address Harbour Point Tower 1

What did unit 2408 last sell for?

AED 1,422,888 on 17 January 2018, sold by the developer: AED 1,972 per sqft for 721 sqft. It is the only registered sale of the unit.

What is the rent for unit 2408?

AED 175,000 a year on the contract renewed on 20 December 2024.

How big is unit 2408?

721 sqft (67.0 sqm): a one-bedroom hotel apartment on the 24th floor of a 53-storey tower completed in 2023.

What is unit 2408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Address Harbour Point Tower 1 sold for AED 2,600,000 to 2,950,000 in the last 12 months, around AED 3,974 per sqft.

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Mortgage on 2408, Address Harbour Point Tower 1

Starts from the last sale price (AED 1.42M, 17 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,422,888
Deposit, UAE resident (20%)
AED 284,578
Deposit, non-resident (40%)
AED 569,155
Monthly over 25 years at 3.7%
AED 5,821

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