2-bed · 1,068 sqftCreek Edge Tower 2, Dubai Creek Harbour · 17th floor · completed 2023

1703, Creek Edge Tower 2

Sold prices and rental history: sold once, by the developer in October 2019, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.51M9 October 2019
Current rentAED 140K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Creek Edge Tower 2

What is 1703 worth today?

Last sold for AED 1,506,888 in 2019

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5 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 131 per sqft
9 Oct 2019Sold by developerOff-plan
AED 1,506,888AED 1,411 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
2-bed apartment
Size
1,068 sqft
Floor
17th of 20
Parking
1
Developer
Emaar
Completed
2023
Service charge
AED 21,400 /yr
Last sold
AED 1.51M · October 2019

About 1703, Creek Edge Tower 2

1703 is a two-bedroom apartment of 1,068 sqft on the 17th floor of Creek Edge Tower 2, a 20-storey tower in Dubai Creek Harbour completed in 2023 by Emaar. The developer sold it on 9 October 2019 for AED 1,506,888, or AED 1,411 per sqft, 8% below the AED 1,537 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 August 2024. The current contract, signed on 5 August 2024, is AED 140,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 21,400 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical two-bed in Creek Edge Tower 2
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,568,888; 2020 AED 1,518,388; 2022 AED 2,175,399; 2023 AED 2,137,299; 2024 AED 2,800,000; 2025 AED 2,900,000; 2026 AED 2,550,000Sold by developer, October 2019: AED 1,506,888 (AED 1,411 per sqft)

1703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, each contractTypical two-bed in Creek Edge Tower 2
140K145K150K2024202520262027Typical rent by year: 2024 AED 150,000; 2025 AED 150,000; 2026 AED 142,875New contract, August 2024: AED 140,000 a year

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 2, and where 1703 sits

All 92 2-beds →

1703 last sold in October 2019 at AED 1,411 per sqft, 8% below what two-beds in Creek Edge Tower 2 were fetching at the time (AED 1,537). Over the last 12 months two-beds sold for AED 2,500,000 to 3,135,888, around AED 2,385 per sqft, and rent for AED 110,000 to 180,000 a year. 1703's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20262,680,000
9 Sep 20262,550,000
11 Aug 20262,550,000
14 May 20263,135,888
5 2-bed sales in the last 12 months

Creek Edge Tower 2

Building

173 apartments, 1-bed to 3-bed over 20 floors in Dubai Creek Harbour, completed in 2023 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,385
Typical sale
AED 2.55M
Typical rent
AED 130K /yr
Typical yield
5.5%
Creek Edge Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 17th floor

All 173 units in Creek Edge Tower 2
Value
17011-bedAED 1.24M · May 2019
17021-bedAED 1.18M · Jun 2019
17043-bedAED 3.65M · Jan 2024
17052-bedAED 2.25M · Jul 2019
17062-bedAED 2.05M · Jun 2020
17072-bedAED 2.21M · Aug 2022
17082-bedAED 1.65M · Jul 2019
1–7 of 8

1703, Creek Edge Tower 2 in numbers

  • Sold once: by Emaar on 9 October 2019 for AED 1,506,888, or AED 1,411 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 9.3%, before a service charge of about AED 21,400 a year (AED 20.00 per sqft).
  • Two-beds in Creek Edge Tower 2 sold for AED 2,500,000–3,135,888 in the 12 months to November 2026; the building's median across all types is AED 2,385 per sqft.

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 1703, Creek Edge Tower 2

What did unit 1703 last sell for?

AED 1,506,888 on 9 October 2019, sold by the developer: AED 1,411 per sqft for 1,068 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 140,000 a year on the contract signed on 5 August 2024.

How big is unit 1703?

1,068 sqft (99.2 sqm): a two-bedroom apartment on the 17th floor of a 20-storey tower completed in 2023.

What is unit 1703 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 2 sold for AED 2,500,000 to 3,135,888 in the last 12 months, around AED 2,385 per sqft.

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Mortgage on 1703, Creek Edge Tower 2

Starts from the last sale price (AED 1.51M, 9 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,506,888
Deposit, UAE resident (20%)
AED 301,378
Deposit, non-resident (40%)
AED 602,755
Monthly over 25 years at 3.7%
AED 6,165

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