1-bed · 720 sqftCreek Gate Tower 2, Dubai Creek Harbour · 5th floor · completed 2021

501, Creek Gate Tower 2

Sold prices and rental history: sold twice, last in June 2022, 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 7 June 2022
Last soldAED 1.02M7 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Creek Gate Tower 2

What is 501 worth today?

Last sold for AED 1,020,000 in 2022

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7 Jun 2022SoldReady
AED 1,020,000AED 1,416 per sqft
5 Apr 2017Sold by developerOff-plan
AED 1,002,888AED 1,392 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
5th of 28
Parking
B2-277
Developer
Emaar
Completed
2021
Service charge
AED 10,800 /yr
Last sold
AED 1.02M · June 2022

About 501, Creek Gate Tower 2

501 is a one-bedroom apartment of 720 sqft on the 5th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 7 June 2022 for AED 1,020,000, or AED 1,416 per sqft, 7% below the AED 1,523 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 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, April 2017: AED 1,002,888 (AED 1,392 per sqft)Sold, June 2022: AED 1,020,000 (AED 1,416 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 2
80K100K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 73,900; 2024 AED 86,000; 2025 AED 95,000; 2026 AED 93,832

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 501 sits

All 48 1-beds →

501 last sold in June 2022 at AED 1,416 per sqft, 7% below what one-beds in Creek Gate Tower 2 were fetching at the time (AED 1,523). 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.

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 5th floor

All 217 units in Creek Gate Tower 2
Value
5022-bedAED 1.57M · Oct 2019
5033-bedAED 3.09M · Mar 2023
5042-bedAED 1.77M · Sep 2017
5052-bedAED 1.81M · Apr 2018
5063-bedAED 3.31M · Sep 2022
5072-bedAED 1.49M · Mar 2018
5081-bedAED 1M · Feb 2017

501, Creek Gate Tower 2 in numbers

  • Sold twice: first on 5 April 2017 for AED 1,002,888, last on 7 June 2022 for AED 1,020,000 (AED 1,416 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 7 June 2022.

Questions about 501, Creek Gate Tower 2

What did unit 501 last sell for?

AED 1,020,000 on 7 June 2022: AED 1,416 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 1,002,888 in April 2017.

How big is unit 501?

720 sqft (66.9 sqm): a one-bedroom apartment on the 5th floor of a 28-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 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 501, Creek Gate Tower 2

Starts from the last sale price (AED 1.02M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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