2-bed · 1,115 sqftCreek Gate Tower 1, Dubai Creek Harbour · 4th floor · completed 2021

407, Creek Gate Tower 1

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.51M15 March 2017
Current rentAED 112K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Creek Gate Tower 1

What is 407 worth today?

Last sold for AED 1,505,888 in 2017

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1 Aug 2026RentedNew contract
AED 112,000/yr12 months · AED 100 per sqft
1 Aug 2025RentedNew contract
AED 130,000/yr12 months · AED 116 per sqft
1 Aug 2024RentedNew contract
AED 130,000/yr12 months · AED 117 per sqft
26 Apr 2023RentedRenewal
AED 83,000/yr12 months · AED 74 per sqft
26 Apr 2022RentedNew contract
AED 83,000/yr12 months · AED 74 per sqft
15 Mar 2017Sold by developerOff-plan
AED 1,505,888AED 1,350 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
4th of 35
Parking
B2-29
Developer
Emaar
Completed
2021
Service charge
AED 16,700 /yr
Last sold
AED 1.51M · March 2017

About 407, Creek Gate Tower 1

407 is a two-bedroom apartment of 1,115 sqft on the 4th floor of Creek Gate Tower 1, a 35-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 15 March 2017 for AED 1,505,888, or AED 1,350 per sqft, 4% below the AED 1,408 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 August 2026, is AED 112,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 16,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Creek Gate Tower 1
2M2017202020232026Typical sale price by year: 2017 AED 1,569,888; 2018 AED 1,859,888; 2019 AED 1,935,388; 2020 AED 1,822,388; 2021 AED 1,913,888; 2022 AED 1,954,000; 2023 AED 2,125,000; 2024 AED 2,325,000; 2025 AED 2,525,000; 2026 AED 2,700,000Sold by developer, March 2017: AED 1,505,888 (AED 1,350 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Creek Gate Tower 1
75K100K125K202220242026Typical rent by year: 2022 AED 88,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 125,000New contract, April 2022: AED 83,000 a yearRenewal, April 2023: AED 83,000 a yearNew contract, August 2024: AED 130,000 a yearNew contract, August 2025: AED 130,000 a yearNew contract, August 2026: AED 112,000 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 Gate Tower 1, and where 407 sits

All 133 2-beds →

407 last sold in March 2017 at AED 1,350 per sqft, 4% below what two-beds in Creek Gate Tower 1 were fetching at the time (AED 1,408). Over the last 12 months two-beds sold for AED 2,225,000 to 2,880,000, around AED 2,391 per sqft, and rent for AED 100,000 to 190,000 a year. 407's AED 112,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jul 20262,700,000
25 Jun 20262,880,000
5 Jan 20262,500,000
25 Nov 20252,225,000
5 2-bed sales in the last 12 months

Creek Gate Tower 1

Building

267 apartments, 1-bed to 4-bed over 35 floors in Dubai Creek Harbour, completed in 2021 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 2,376 Up 0.7%
Typical sale
AED 2.55M
Typical rent
AED 130K /yr
Typical yield
5.1%
Creek Gate Tower 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 4th floor

All 267 units in Creek Gate Tower 1
Value
4011-bedAED 1.58M · Jun 2024
4022-bedAED 1.51M · Mar 2017
4033-bedAED 4.05M · Jan 2024
4042-bedAED 2.1M · Nov 2023
4052-bedAED 2.15M · Jul 2024
4063-bedAED 3.65M · May 2023
4081-bedAED 1.01M · Mar 2017

407, Creek Gate Tower 1 in numbers

  • Sold once: by Emaar on 15 March 2017 for AED 1,505,888, or AED 1,350 per sqft.
  • Rented since April 2022 on 5 Ejari contracts, from AED 83,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 16,700 a year (AED 15.00 per sqft).
  • Two-beds in Creek Gate Tower 1 sold for AED 2,225,000–2,880,000 in the 12 months to November 2026; the building's median across all types is AED 2,376 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 407, Creek Gate Tower 1

What did unit 407 last sell for?

AED 1,505,888 on 15 March 2017, sold by the developer: AED 1,350 per sqft for 1,115 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 112,000 a year on the contract signed on 1 August 2026. The previous contract, from August 2025, was AED 130,000; the unit has been rented since April 2022.

How big is unit 407?

1,115 sqft (103.6 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2021.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Creek Gate Tower 1 sold for AED 2,225,000 to 2,880,000 in the last 12 months, around AED 2,391 per sqft.

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Mortgage on 407, Creek Gate Tower 1

Starts from the last sale price (AED 1.51M, 15 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,505,888
Deposit, UAE resident (20%)
AED 301,178
Deposit, non-resident (40%)
AED 602,355
Monthly over 25 years at 3.7%
AED 6,161

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