1-bed · 790 sqftAddress Harbour Point Tower 2, Dubai Creek Harbour · 14th floor · completed 2023

1407, Address Harbour Point Tower 2

Sold prices and rental history: sold twice, last in March 2024, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.35M6 March 2024
Current rentAED 135K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Address Harbour Point Tower 2

What is 1407 worth today?

Last sold for AED 2,350,000 in 2024

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10 Oct 2024RentedNew contract
AED 135,000/yr12 months · AED 172 per sqft
6 Mar 2024SoldReady
AED 2,350,000AED 2,976 per sqft
15 Nov 2017Sold by developerOff-plan
AED 1,605,888AED 2,061 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed hotel apartment
Size
790 sqft
Floor
14th of 65
Parking
M-T2-681
Developer
Emaar
Completed
2023
Last sold
AED 2.35M · March 2024

About 1407, Address Harbour Point Tower 2

1407 is a one-bedroom hotel apartment of 790 sqft on the 14th floor of Address Harbour Point Tower 2, a 65-storey tower in Dubai Creek Harbour completed in 2023 by Emaar. It last sold on 6 March 2024 for AED 2,350,000, or AED 2,976 per sqft, in line with the AED 2,922 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2024. The current contract, signed on 10 October 2024, is AED 135,000 a year: a gross yield of 5.7% on the 2024 price.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Address Harbour Point Tower 2
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,681,888; 2018 AED 1,829,388; 2019 AED 2,040,388; 2020 AED 1,907,888; 2021 AED 2,188,888; 2022 AED 2,089,888; 2023 AED 2,297,500; 2024 AED 2,525,000; 2025 AED 2,575,000; 2026 AED 2,650,000Sold by developer, November 2017: AED 1,605,888 (AED 2,061 per sqft)Sold, March 2024: AED 2,350,000 (AED 2,976 per sqft)

1407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Address Harbour Point Tower 2
140K150K2024202520262027Typical rent by year: 2024 AED 150,000; 2025 AED 150,000; 2026 AED 140,000New contract, October 2024: AED 135,000 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 2, and where 1407 sits

All 197 1-beds →

1407 last sold in March 2024 at AED 2,976 per sqft, in line with what one-beds in Address Harbour Point Tower 2 were fetching at the time (AED 2,922). Over the last 12 months one-beds sold for AED 2,000,000 to 4,100,000, around AED 3,380 per sqft, and rent for AED 85,000 to 185,000 a year. 1407's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20262,650,000
26 Oct 20264,100,000
18 Sep 20262,450,000
3 Sep 20262,200,000
14 1-bed sales in the last 12 months

Address Harbour Point Tower 2

Building

529 apartments, 1-bed to 4-bed over 65 floors in Dubai Creek Harbour, completed in 2023 by Emaar. 43 sold in the last 12 months.

Typical price per sqft
AED 3,393 Down 1.6%
Typical sale
AED 3.53M
Typical rent
AED 175K /yr
Typical yield
5.2%
Address Harbour Point Tower 2, Dubai Creek Harbour: prices, sales and rents →
Value
14012-bedAED 3.95M · Feb 2024
14021-bedAED 2.03M · Nov 2017
14031-bedAED 2.09M · Oct 2018
14041-bedAED 2.01M · Jan 2018
14052-bedAED 3.8M · Oct 2023
14062-bedAED 2.59M · Sep 2021
14081-bedAED 2M · Aug 2023
1–7 of 9

1407, Address Harbour Point Tower 2 in numbers

  • Sold twice: first on 15 November 2017 for AED 1,605,888, last on 6 March 2024 for AED 2,350,000 (AED 2,976 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 5.7%.
  • One-beds in Address Harbour Point Tower 2 sold for AED 2,000,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 3,393 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 1407, Address Harbour Point Tower 2

What did unit 1407 last sell for?

AED 2,350,000 on 6 March 2024: AED 2,976 per sqft for 790 sqft. The unit has 2 registered sales; the first was AED 1,605,888 in November 2017.

What is the rent for unit 1407?

AED 135,000 a year on the contract signed on 10 October 2024.

How big is unit 1407?

790 sqft (73.4 sqm): a one-bedroom hotel apartment on the 14th floor of a 65-storey tower completed in 2023.

What is unit 1407 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 2 sold for AED 2,000,000 to 4,100,000 in the last 12 months, around AED 3,380 per sqft.

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Mortgage on 1407, Address Harbour Point Tower 2

Starts from the last sale price (AED 2.35M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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