1-bed · 767 sqftAddress Harbour Point Tower 2, Dubai Creek Harbour · 16th floor · completed 2023

1602, Address Harbour Point Tower 2

Sold prices and rental history: sold 3 times, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 2.75M22 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Address Harbour Point Tower 2

What is 1602 worth today?

Last sold for AED 2,750,000 in 2024

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22 May 2024SoldReady
AED 2,750,000AED 3,583 per sqft
1 Aug 2022SoldOff-plan
AED 2,034,888AED 2,653 per sqft
19 Jun 2019Sold by developerOff-plan
AED 2,034,888AED 2,653 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
1-bed hotel apartment
Size
767 sqft
Floor
16th of 65
Parking
M-T2-677
Developer
Emaar
Completed
2023
Last sold
AED 2.75M · May 2024

About 1602, Address Harbour Point Tower 2

1602 is a one-bedroom hotel apartment of 767 sqft on the 16th floor of Address Harbour Point Tower 2, a 65-storey tower in Dubai Creek Harbour completed in 2023 by Emaar. It last sold on 22 May 2024 for AED 2,750,000, or AED 3,583 per sqft, 23% above the AED 2,922 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, June 2019: AED 2,034,888 (AED 2,653 per sqft)Sold, August 2022: AED 2,034,888 (AED 2,653 per sqft)Sold, May 2024: AED 2,750,000 (AED 3,583 per sqft)

1602 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Address Harbour Point Tower 2
140K145K150K2024202520262027Typical rent by year: 2024 AED 150,000; 2025 AED 150,000; 2026 AED 140,000

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 1602 sits

All 197 1-beds →

1602 last sold in May 2024 at AED 3,583 per sqft, 23% above 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.

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. 42 sold in the last 12 months.

Typical price per sqft
AED 3,380 Down 3.0%
Typical sale
AED 3.48M
Typical rent
AED 172K /yr
Typical yield
5.2%
Address Harbour Point Tower 2, Dubai Creek Harbour: prices, sales and rents →
Value
16012-bedAED 2.69M · Jan 2024
16031-bedAED 2.09M · Dec 2022
16041-bedAED 2.06M · Feb 2019
16052-bedAED 3M · Mar 2023
16062-bedAED 3.8M · Feb 2026
16071-bedAED 2.2M · Sep 2026
16081-bedAED 2.35M · Jul 2024
1–7 of 9

1602, Address Harbour Point Tower 2 in numbers

  • Sold 3 times: first on 19 June 2019 for AED 2,034,888, last on 22 May 2024 for AED 2,750,000 (AED 3,583 per sqft).
  • 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 3,380 per sqft.

Source: Dubai Land Department. Updated 22 May 2024.

Questions about 1602, Address Harbour Point Tower 2

What did unit 1602 last sell for?

AED 2,750,000 on 22 May 2024: AED 3,583 per sqft for 767 sqft. The unit has 3 registered sales; the first was AED 2,034,888 in June 2019.

How big is unit 1602?

767 sqft (71.3 sqm): a one-bedroom hotel apartment on the 16th floor of a 65-storey tower completed in 2023.

What is unit 1602 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 1602, Address Harbour Point Tower 2

Starts from the last sale price (AED 2.75M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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