505, Creek Gate Tower 1
Sold prices and rental history: sold twice, last in April 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Creek Gate Tower 1
What is 505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,042 sqft
- Floor
- 5th of 35
- Parking
- B1-204
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 15,600 /yr
- Last sold
- AED 2.18M · April 2025
- Building
- Creek Gate Tower 1
About 505, Creek Gate Tower 1
505 is a two-bedroom apartment of 1,042 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 25 April 2025 for AED 2,180,000, or AED 2,091 per sqft, 6% below the AED 2,225 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 September 2024, is AED 100,559 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 15,600 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 133 2-beds →505 last sold in April 2025 at AED 2,091 per sqft, 6% below what two-beds in Creek Gate Tower 1 were fetching at the time (AED 2,225). Over the last 12 months two-beds sold for AED 2,225,000 to 2,880,000, around AED 2,407 per sqft, and rent for AED 100,000 to 190,000 a year. 505's AED 100,559 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. 13 sold in the last 12 months.
- Typical price per sqft
- AED 2,391 Up 1.9%
- Typical sale
- AED 2.5M
- Typical rent
- AED 129K /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 | |
| 504 | 2-bed | 1,045 sqft | AED 1.84MAED 1,838,888 · Mar 2017March 2017 | 102,070 /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 |
505, Creek Gate Tower 1 in numbers
- Sold twice: first on 15 March 2017 for AED 1,845,888, last on 25 April 2025 for AED 2,180,000 (AED 2,091 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 83,000 to AED 100,559 a year.
- At AED 100,559 a year the gross yield on the 2025 price is 4.6%, before a service charge of about AED 15,600 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 2,391 per sqft.
Source: Dubai Land Department. Updated 25 April 2025.
Questions about 505, Creek Gate Tower 1
What did unit 505 last sell for?
AED 2,180,000 on 25 April 2025: AED 2,091 per sqft for 1,042 sqft. The unit has 2 registered sales; the first was AED 1,845,888 in March 2017.
What is the rent for unit 505?
AED 100,559 a year on the contract renewed on 9 September 2024. The previous contract, from September 2023, was AED 87,150; the unit has been rented since September 2022.
How big is unit 505?
1,042 sqft (96.8 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2021.
What is unit 505 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 2,407 per sqft.
Selling 505? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 505, Creek Gate Tower 1
Starts from the last sale price (AED 2.18M, 25 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,180,000
- Deposit, UAE resident (20%)
- AED 436,000
- Deposit, non-resident (40%)
- AED 872,000
- Monthly over 25 years at 3.7%
- AED 8,919
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →