408, 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.
Property timeline for 408, Creek Gate Tower 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 720 sqft
- Floor
- 4th of 35
- Parking
- B2-231
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 10,800 /yr
- Last sold
- AED 1.01M · March 2017
- Building
- Creek Gate Tower 1
About 408, Creek Gate Tower 1
408 is a one-bedroom apartment of 720 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 1,010,888, or AED 1,403 per sqft, in line with the AED 1,429 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 85,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 10,800 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Creek Gate Tower 1, and where 408 sits
All 62 1-beds →408 last sold in March 2017 at AED 1,403 per sqft, in line with what one-beds in Creek Gate Tower 1 were fetching at the time (AED 1,429). Over the last 12 months one-beds sold for AED 1,700,000 to 1,775,000, around AED 2,429 per sqft, and rent for AED 75,000 to 135,000 a year. 408's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 720 sqft | 1,700,000 | 2,360 | ||
| 8 May 20268 May 2026 | 720 sqft | 1,770,000 | 2,457 | ||
| 5 Mar 20265 March 2026 | 720 sqft | 1,750,000 | 2,429 | ||
| 20 Nov 202520 November 2025 | 720 sqft | 1,730,000 | 2,402 |
Creek Gate Tower 1
Building267 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%
Other units on the 4th floor
All 267 units in Creek Gate Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 720 sqft | AED 1.58MAED 1,575,000 · Jun 2024June 2024 | 100,000 /yr | |
| 402 | 2-bed | 1,115 sqft | AED 1.51MAED 1,505,888 · Mar 2017March 2017 | 125,000 /yr | |
| 403 | 3-bed | 1,480 sqft | AED 4.05MAED 4,054,888 · Jan 2024January 2024 | ||
| 404 | 2-bed | 1,045 sqft | AED 2.1MAED 2,100,000 · Nov 2023November 2023 | 145,000 /yr | |
| 405 | 2-bed | 1,042 sqft | AED 2.15MAED 2,150,000 · Jul 2024July 2024 | 125,000 /yr | |
| 406 | 3-bed | 1,480 sqft | AED 3.65MAED 3,650,888 · May 2023May 2023 | ||
| 407 | 2-bed | 1,115 sqft | AED 1.51MAED 1,505,888 · Mar 2017March 2017 | 112,000 /yr |
408, Creek Gate Tower 1 in numbers
- Sold once: by Emaar on 15 March 2017 for AED 1,010,888, or AED 1,403 per sqft.
- Rented since June 2022 on 4 Ejari contracts, from AED 58,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 10,800 a year (AED 15.00 per sqft).
- One-beds in Creek Gate Tower 1 sold for AED 1,700,000–1,775,000 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 March 2025.
Questions about 408, Creek Gate Tower 1
What did unit 408 last sell for?
AED 1,010,888 on 15 March 2017, sold by the developer: AED 1,403 per sqft for 720 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 85,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 80,000; the unit has been rented since June 2022.
How big is unit 408?
720 sqft (66.9 sqm): a one-bedroom apartment on the 4th floor of a 35-storey tower completed in 2021.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Creek Gate Tower 1 sold for AED 1,700,000 to 1,775,000 in the last 12 months, around AED 2,429 per sqft.
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Mortgage on 408, Creek Gate Tower 1
Starts from the last sale price (AED 1.01M, 15 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,888
- Deposit, UAE resident (20%)
- AED 202,178
- Deposit, non-resident (40%)
- AED 404,355
- Monthly over 25 years at 3.7%
- AED 4,136
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →