3-bed · 1,480 sqftCreek Gate Tower 2, Dubai Creek Harbour · 16th floor · completed 2021

1603, Creek Gate Tower 2

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

Unit 1603 · DLD and Ejari recordsUpdated 18 October 2023
Last soldAED 3.75M18 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Creek Gate Tower 2

What is 1603 worth today?

Last sold for AED 3,753,888 in 2023

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18 Oct 2023SoldReady
AED 3,753,888AED 2,536 per sqft
23 Sep 2022Sold by developerReady
AED 3,186,888AED 2,153 per sqft

Source: Dubai Land Department. Updated 18 October 2023.

Key facts

Type
3-bed apartment
Size
1,480 sqft
Floor
16th of 28
Parking
B2-172 , B2-173
Developer
Emaar
Completed
2021
Service charge
AED 22,200 /yr
Last sold
AED 3.75M · October 2023

About 1603, Creek Gate Tower 2

1603 is a three-bedroom apartment of 1,480 sqft on the 16th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 18 October 2023 for AED 3,753,888, or AED 2,536 per sqft, 21% above the AED 2,102 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical three-bed in Creek Gate Tower 2
3M2017202020232026Typical sale price by year: 2017 AED 2,587,888; 2019 AED 2,540,491; 2020 AED 2,633,888; 2021 AED 3,267,388; 2022 AED 3,325,388; 2023 AED 3,250,000; 2024 AED 3,425,000; 2025 AED 3,367,500; 2026 AED 3,200,000Sold by developer, September 2022: AED 3,186,888 (AED 2,153 per sqft)Sold, October 2023: AED 3,753,888 (AED 2,536 per sqft)

1603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1603, each contractTypical three-bed in Creek Gate Tower 2
160K180K202220242026Typical rent by year: 2022 AED 160,000; 2023 AED 150,000; 2024 AED 182,000; 2025 AED 177,500; 2026 AED 175,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Creek Gate Tower 2, and where 1603 sits

All 58 3-beds →

1603 last sold in October 2023 at AED 2,536 per sqft, 21% above what three-beds in Creek Gate Tower 2 were fetching at the time (AED 2,102). Over the last 12 months three-beds sold for AED 2,800,000 to 4,999,999, around AED 2,181 per sqft, and rent for AED 160,000 to 230,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Oct 20263,530,000
7 Sep 20262,900,000
7 Aug 20263,200,000
29 Jul 20262,800,000
7 3-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 16th floor

All 217 units in Creek Gate Tower 2
Value
16011-bedAED 1.05M · Oct 2022
16022-bedAED 1.53M · Apr 2018
16042-bedAED 2.5M · Feb 2026
16052-bedAED 2.4M · Nov 2024
16063-bedAED 2.63M · Oct 2017
16072-bedAED 1.97M · Jun 2023
16081-bedAED 1.02M · Feb 2017

1603, Creek Gate Tower 2 in numbers

  • Sold twice: first on 23 September 2022 for AED 3,186,888, last on 18 October 2023 for AED 3,753,888 (AED 2,536 per sqft).
  • Three-beds in Creek Gate Tower 2 sold for AED 2,800,000–4,999,999 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 18 October 2023.

Questions about 1603, Creek Gate Tower 2

What did unit 1603 last sell for?

AED 3,753,888 on 18 October 2023: AED 2,536 per sqft for 1,480 sqft. The unit has 2 registered sales; the first was AED 3,186,888 in September 2022.

How big is unit 1603?

1,480 sqft (137.5 sqm): a three-bedroom apartment on the 16th floor of a 28-storey tower completed in 2021.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Creek Gate Tower 2 sold for AED 2,800,000 to 4,999,999 in the last 12 months, around AED 2,181 per sqft.

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Mortgage on 1603, Creek Gate Tower 2

Starts from the last sale price (AED 3.75M, 18 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,753,888
Deposit, UAE resident (20%)
AED 750,778
Deposit, non-resident (40%)
AED 1,501,555
Monthly over 25 years at 3.7%
AED 15,358

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