1601, Creek Edge Tower 1
Sold prices and rental history: sold 3 times, last in April 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Creek Edge Tower 1
What is 1601 worth today?
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Source: Dubai Land Department. Updated 15 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,079 sqft
- Floor
- 16th of 40
- Parking
- L01-050
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 21,600 /yr
- Last sold
- AED 2.75M · April 2024
- Building
- Creek Edge Tower 1
About 1601, Creek Edge Tower 1
1601 is a two-bedroom apartment of 1,079 sqft on the 16th floor of Creek Edge Tower 1, a 40-storey tower in Dubai Creek Harbour completed in 2023 by Emaar. It last sold on 2 April 2024 for AED 2,750,000, or AED 2,548 per sqft, 13% above the AED 2,264 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2024. The current contract, signed on 15 May 2024, is AED 125,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 21,600 a year.
Sales and rents for 1601 over time
1601 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Creek Edge Tower 1, and where 1601 sits
All 167 2-beds →1601 last sold in April 2024 at AED 2,548 per sqft, 13% above what two-beds in Creek Edge Tower 1 were fetching at the time (AED 2,264). Over the last 12 months two-beds sold for AED 630,000 to 3,070,000, around AED 2,625 per sqft, and rent for AED 75,000 to 230,000 a year. 1601's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,182 sqft | 2,850,000 | 2,411 | ||
| 19 Aug 202619 August 2026 | 1,079 sqft | 2,700,000 | 2,501 | ||
| 9 Jul 20269 July 2026 | 1,086 sqft | 2,950,000 | 2,717 | ||
| 7 Jul 20267 July 2026 | 1,079 sqft | 2,790,000 | 2,586 |
Creek Edge Tower 1
Building390 apartments, 1-bed to 3-bed over 40 floors in Dubai Creek Harbour, completed in 2023 by Emaar. 32 sold in the last 12 months.
- Typical price per sqft
- AED 2,415 Down 3.3%
- Typical sale
- AED 1.83M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.6%
Other units on the 16th floor
All 390 units in Creek Edge Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,182 sqft | AED 2.8MAED 2,800,000 · Nov 2023November 2023 | ||
| 1603 | 1-bed | 720 sqft | AED 1.64MAED 1,640,000 · Jul 2023July 2023 | 105,000 /yr | |
| 1604 | 1-bed | 807 sqft | AED 1.75MAED 1,750,000 · Oct 2025October 2025 | ||
| 1605 | 1-bed | 691 sqft | AED 1.77MAED 1,770,000 · Dec 2025December 2025 | ||
| 1606 | 1-bed | 708 sqft | AED 1.63MAED 1,625,000 · Nov 2024November 2024 | ||
| 1607 | 1-bed | 728 sqft | AED 1.63MAED 1,630,000 · May 2025May 2025 | ||
| 1608 | 2-bed | 1,041 sqft | AED 3.03MAED 3,030,000 · Feb 2026February 2026 | 158,000 /yr | |
| 1609 | 3-bed | 1,642 sqft | AED 3.8MAED 3,800,000 · Dec 2023December 2023 | ||
| 1610 | 2-bed | 1,079 sqft | AED 2.8MAED 2,800,000 · Mar 2024March 2024 | 150,000 /yr |
1601, Creek Edge Tower 1 in numbers
- Sold 3 times: first on 29 October 2019 for AED 1,968,888, last on 2 April 2024 for AED 2,750,000 (AED 2,548 per sqft).
- Rented since May 2024 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 21,600 a year (AED 20.00 per sqft).
- Two-beds in Creek Edge Tower 1 sold for AED 630,000–3,070,000 in the 12 months to November 2026; the building's median across all types is AED 2,415 per sqft.
Source: Dubai Land Department. Updated 15 May 2024.
Questions about 1601, Creek Edge Tower 1
What did unit 1601 last sell for?
AED 2,750,000 on 2 April 2024: AED 2,548 per sqft for 1,079 sqft. The unit has 3 registered sales; the first was AED 1,968,888 in October 2019.
What is the rent for unit 1601?
AED 125,000 a year on the contract signed on 15 May 2024.
How big is unit 1601?
1,079 sqft (100.2 sqm): a two-bedroom apartment on the 16th floor of a 40-storey tower completed in 2023.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Creek Edge Tower 1 sold for AED 630,000 to 3,070,000 in the last 12 months, around AED 2,625 per sqft.
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Mortgage on 1601, Creek Edge Tower 1
Starts from the last sale price (AED 2.75M, 2 April 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 →