1-bed · 789 sqftAddress Harbour Point Tower 2, Dubai Creek Harbour · 4th floor · completed 2023

407, Address Harbour Point Tower 2

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 2 January 2023
Last soldAED 1.6M2 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Address Harbour Point Tower 2

What is 407 worth today?

Last sold for AED 1,600,000 in 2023

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2 Jan 2023SoldOff-plan
AED 1,600,000AED 2,027 per sqft
18 Dec 2017Sold by developerOff-plan
AED 1,424,888AED 1,829 per sqft

Source: Dubai Land Department. Updated 2 January 2023.

Key facts

Type
1-bed hotel apartment
Size
789 sqft
Floor
4th of 65
Parking
B1-T2-513
Developer
Emaar
Completed
2023
Last sold
AED 1.6M · January 2023

About 407, Address Harbour Point Tower 2

407 is a one-bedroom hotel apartment of 789 sqft on the 4th floor of Address Harbour Point Tower 2, a 65-storey tower in Dubai Creek Harbour completed in 2023 by Emaar. It last sold on 2 January 2023 for AED 1,600,000, or AED 2,027 per sqft, 19% below the AED 2,492 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Address Harbour Point Tower 2
2M2017202020232026Typical 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, December 2017: AED 1,424,888 (AED 1,829 per sqft)Sold, January 2023: AED 1,600,000 (AED 2,027 per sqft)

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

Rents
Unit 407, 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 407 sits

All 197 1-beds →

407 last sold in January 2023 at AED 2,027 per sqft, 19% below what one-beds in Address Harbour Point Tower 2 were fetching at the time (AED 2,492). 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. 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
4012-bedAED 2.74M · Jun 2020
4021-bedAED 2.03M · Jan 2019
4031-bedAED 2.43M · Apr 2023
4041-bedAED 2.5M · Apr 2023
4052-bedAED 2.7M · Nov 2018
4062-bedAED 2.36M · Aug 2019
4081-bedAED 1.95M · Sep 2023
1–7 of 9

407, Address Harbour Point Tower 2 in numbers

  • Sold twice: first on 18 December 2017 for AED 1,424,888, last on 2 January 2023 for AED 1,600,000 (AED 2,027 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 3,393 per sqft.

Source: Dubai Land Department. Updated 2 January 2023.

Questions about 407, Address Harbour Point Tower 2

What did unit 407 last sell for?

AED 1,600,000 on 2 January 2023: AED 2,027 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 1,424,888 in December 2017.

How big is unit 407?

789 sqft (73.3 sqm): a one-bedroom hotel apartment on the 4th floor of a 65-storey tower completed in 2023.

What is unit 407 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 407, Address Harbour Point Tower 2

Starts from the last sale price (AED 1.6M, 2 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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