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1-bed · 720 sqftCreek Gate Tower 2, Dubai Creek Harbour · 12th floor · completed 2021

1201, Creek Gate Tower 2

Sold prices and rental history: sold once, by the developer in January 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.08M16 January 2020
Current rentAED 65K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Creek Gate Tower 2

What is 1201 worth today?

Last sold for AED 1,076,888 in 2020

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1 Aug 2023RentedRenewal
AED 65,000/yr12 months · AED 90 per sqft
1 Aug 2022RentedNew contract
AED 65,000/yr12 months · AED 90 per sqft
16 Jan 2020Sold by developerOff-plan
AED 1,076,888AED 1,495 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
12th of 28
Parking
B1-171
Developer
Emaar
Completed
2021
Service charge
AED 10,800 /yr
Last sold
AED 1.08M · January 2020
Building
Creek Gate Tower 2

About 1201, Creek Gate Tower 2

1201 is a one-bedroom apartment of 720 sqft on the 12th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 16 January 2020 for AED 1,076,888, or AED 1,495 per sqft, in line with the AED 1,510 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 65,000 a year: a gross yield of 6.0% on the 2020 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical one-bed in Creek Gate Tower 2
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,017,888; 2018 AED 1,014,888; 2019 AED 1,088,888; 2020 AED 1,076,888; 2021 AED 1,161,888; 2022 AED 1,050,000; 2023 AED 1,450,000; 2025 AED 1,720,000; 2026 AED 1,580,000Sold by developer, January 2020: AED 1,076,888 (AED 1,495 per sqft)

1201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in Creek Gate Tower 2
60K80K100K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 73,900; 2024 AED 86,000; 2025 AED 95,000; 2026 AED 93,832New contract, August 2022: AED 65,000 a yearRenewal, August 2023: AED 65,000 a year

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 2, and where 1201 sits

All 48 1-beds →

1201 last sold in January 2020 at AED 1,495 per sqft, in line with what one-beds in Creek Gate Tower 2 were fetching at the time (AED 1,510). Over the last 12 months one-beds sold for AED 1,525,000 to 1,700,000, around AED 2,194 per sqft, and rent for AED 80,000 to 125,000 a year. 1201's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,525,000
16 Oct 20261,630,000
12 Feb 20261,700,000
2 Jan 20261,530,000
4 1-bed sales in the last 12 months

Creek Gate Tower 2

Building

217 apartments, 1-bed to 4-bed over 28 floors in Dubai Creek Harbour, completed in 2021 by Emaar. 17 sold in the last 12 months.

Typical price per sqft
AED 2,242 Down 1.1%
Typical sale
AED 2.6M
Typical rent
AED 125K /yr
Typical yield
5.4%
Creek Gate Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 12th floor

All 217 units in Creek Gate Tower 2
Value
12022-bedAED 2.85M · Mar 2025
12033-bedAED 3.16M · Apr 2022
12042-bedAED 1.8M · Dec 2017
12052-bedAED 1.83M · Aug 2017
12063-bedAED 3.36M · Mar 2023
12072-bedAED 1.6M · Sep 2020
12081-bedAED 1.37M · May 2023

1201, Creek Gate Tower 2 in numbers

  • Sold once: by Emaar on 16 January 2020 for AED 1,076,888, or AED 1,495 per sqft.
  • Rented since August 2022 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 6.0%, before a service charge of about AED 10,800 a year (AED 15.00 per sqft).
  • One-beds in Creek Gate Tower 2 sold for AED 1,525,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,242 per sqft.

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 1201, Creek Gate Tower 2

What did unit 1201 last sell for?

AED 1,076,888 on 16 January 2020, sold by the developer: AED 1,495 per sqft for 720 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 65,000 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 65,000.

How big is unit 1201?

720 sqft (66.9 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2021.

What is unit 1201 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 2 sold for AED 1,525,000 to 1,700,000 in the last 12 months, around AED 2,194 per sqft.

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Mortgage on 1201, Creek Gate Tower 2

Starts from the last sale price (AED 1.08M, 16 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,076,888
Deposit, UAE resident (20%)
AED 215,378
Deposit, non-resident (40%)
AED 430,755
Monthly over 25 years at 3.7%
AED 4,406

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