504, Creek Gate Tower 1
Sold prices and rental history: sold once, by the developer in March 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Creek Gate Tower 1
What is 504 worth today?
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Source: Dubai Land Department. Updated 9 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,045 sqft
- Floor
- 5th of 35
- Parking
- B1-191
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 15,700 /yr
- Last sold
- AED 1.84M · March 2017
- Building
- Creek Gate Tower 1
About 504, Creek Gate Tower 1
504 is a two-bedroom apartment of 1,045 sqft on the 5th floor of Creek Gate Tower 1, a 35-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 21 March 2017 for AED 1,838,888, or AED 1,759 per sqft, 24% above the AED 1,416 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 9 November 2024, is AED 102,070 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 15,700 a year.
Sales and rents for 504 over time
504 has sold once; 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 Gate Tower 1, and where 504 sits
All 133 2-beds →504 last sold in March 2017 at AED 1,759 per sqft, 24% above what two-beds in Creek Gate Tower 1 were fetching at the time (AED 1,416). 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. 504's AED 102,070 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202629 July 2026 | 1,115 sqft | 2,700,000 | 2,422 | ||
| 25 Jun 202625 June 2026 | 1,115 sqft | 2,880,000 | 2,583 | ||
| 5 Jan 20265 January 2026 | 1,045 sqft | 2,500,000 | 2,391 | ||
| 25 Nov 202525 November 2025 | 1,045 sqft | 2,225,000 | 2,128 |
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 5th floor
All 267 units in Creek Gate Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 720 sqft | AED 1.33MAED 1,325,000 · Jul 2023July 2023 | ||
| 502 | 2-bed | 1,115 sqft | AED 1.51MAED 1,508,888 · Mar 2017March 2017 | 140,000 /yr | |
| 503 | 3-bed | 1,480 sqft | AED 3.87MAED 3,867,888 · Nov 2023November 2023 | 180,000 /yr | |
| 505 | 2-bed | 1,042 sqft | AED 2.18MAED 2,180,000 · Apr 2025April 2025 | 100,559 /yr | |
| 506 | 3-bed | 1,480 sqft | AED 3.32MAED 3,322,888 · Mar 2023March 2023 | 154,000 /yr | |
| 507 | 2-bed | 1,115 sqft | AED 1.51MAED 1,508,888 · Mar 2017March 2017 | 135,000 /yr | |
| 508 | 1-bed | 720 sqft | AED 1.2MAED 1,200,000 · Jun 2023June 2023 |
504, Creek Gate Tower 1 in numbers
- Sold once: by Emaar on 21 March 2017 for AED 1,838,888, or AED 1,759 per sqft.
- Rented since November 2022 on 3 Ejari contracts, from AED 85,000 to AED 102,070 a year.
- At AED 102,070 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 15,700 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 9 November 2024.
Questions about 504, Creek Gate Tower 1
What did unit 504 last sell for?
AED 1,838,888 on 21 March 2017, sold by the developer: AED 1,759 per sqft for 1,045 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 102,070 a year on the contract renewed on 9 November 2024. The previous contract, from November 2023, was AED 89,250; the unit has been rented since November 2022.
How big is unit 504?
1,045 sqft (97.1 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2021.
What is unit 504 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 504, Creek Gate Tower 1
Starts from the last sale price (AED 1.84M, 21 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,838,888
- Deposit, UAE resident (20%)
- AED 367,778
- Deposit, non-resident (40%)
- AED 735,555
- Monthly over 25 years at 3.7%
- AED 7,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →