1-bed · 720 sqftCreek Gate Tower 1, Dubai Creek Harbour · 5th floor · completed 2021

501, Creek Gate Tower 1

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

Unit 501 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 1.33M5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Creek Gate Tower 1

What is 501 worth today?

Last sold for AED 1,325,000 in 2023

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5 Jul 2023SoldReady
AED 1,325,000AED 1,839 per sqft
18 Apr 2018Sold by developerOff-plan
AED 1,012,888AED 1,406 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
5th of 35
Parking
B2-130
Developer
Emaar
Completed
2021
Service charge
AED 10,800 /yr
Last sold
AED 1.33M · July 2023

About 501, Creek Gate Tower 1

501 is a one-bedroom apartment of 720 sqft on the 5th floor of Creek Gate Tower 1, a 35-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 5 July 2023 for AED 1,325,000, or AED 1,839 per sqft, 6% above the AED 1,735 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Creek Gate Tower 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,031,888; 2018 AED 1,039,888; 2019 AED 1,105,388; 2020 AED 1,010,888; 2021 AED 1,288,888; 2022 AED 1,090,000; 2023 AED 1,337,500; 2024 AED 1,575,000; 2025 AED 1,715,000; 2026 AED 1,750,000Sold by developer, April 2018: AED 1,012,888 (AED 1,406 per sqft)Sold, July 2023: AED 1,325,000 (AED 1,839 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Creek Gate Tower 1
80K202220242026Typical rent by year: 2022 AED 68,000; 2023 AED 77,500; 2024 AED 90,000; 2025 AED 93,000; 2026 AED 90,000

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 501 sits

All 62 1-beds →

501 last sold in July 2023 at AED 1,839 per sqft, 6% above what one-beds in Creek Gate Tower 1 were fetching at the time (AED 1,735). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,700,000
8 May 20261,770,000
5 Mar 20261,750,000
20 Nov 20251,730,000
5 1-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 5th floor

All 267 units in Creek Gate Tower 1
Value
5022-bedAED 1.51M · Mar 2017
5033-bedAED 3.87M · Nov 2023
5042-bedAED 1.84M · Mar 2017
5052-bedAED 2.18M · Apr 2025
5063-bedAED 3.32M · Mar 2023
5072-bedAED 1.51M · Mar 2017
5081-bedAED 1.2M · Jun 2023

501, Creek Gate Tower 1 in numbers

  • Sold twice: first on 18 April 2018 for AED 1,012,888, last on 5 July 2023 for AED 1,325,000 (AED 1,839 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 5 July 2023.

Questions about 501, Creek Gate Tower 1

What did unit 501 last sell for?

AED 1,325,000 on 5 July 2023: AED 1,839 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 1,012,888 in April 2018.

How big is unit 501?

720 sqft (66.9 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2021.

What is unit 501 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 501, Creek Gate Tower 1

Starts from the last sale price (AED 1.33M, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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