3-bed · 1,480 sqftCreek Gate Tower 2, Dubai Creek Harbour · 5th floor · completed 2021

503, Creek Gate Tower 2

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 3.09M28 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Creek Gate Tower 2

What is 503 worth today?

Last sold for AED 3,089,679 in 2023

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28 Mar 2023Sold by developerReady
AED 3,089,679AED 2,087 per sqft

Source: Dubai Land Department. Updated 28 March 2023.

Key facts

Type
3-bed apartment
Size
1,480 sqft
Floor
5th of 28
Parking
B2-315 , B2-316
Developer
Emaar
Completed
2021
Service charge
AED 22,200 /yr
Last sold
AED 3.09M · March 2023

About 503, Creek Gate Tower 2

503 is a three-bedroom apartment of 1,480 sqft on the 5th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 28 March 2023 for AED 3,089,679, or AED 2,087 per sqft, 5% below the AED 2,189 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in Creek Gate Tower 2
2.5M3M3.5M2017202020232026Typical 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, March 2023: AED 3,089,679 (AED 2,087 per sqft)

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

Rents
Unit 503, 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 503 sits

All 58 3-beds →

503 last sold in March 2023 at AED 2,087 per sqft, 5% below what three-beds in Creek Gate Tower 2 were fetching at the time (AED 2,189). 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 5th floor

All 217 units in Creek Gate Tower 2
Value
5011-bedAED 1.02M · Jun 2022
5022-bedAED 1.57M · Oct 2019
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

503, Creek Gate Tower 2 in numbers

  • Sold once: by Emaar on 28 March 2023 for AED 3,089,679, or AED 2,087 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 28 March 2023.

Questions about 503, Creek Gate Tower 2

What did unit 503 last sell for?

AED 3,089,679 on 28 March 2023, sold by the developer: AED 2,087 per sqft for 1,480 sqft. It is the only registered sale of the unit.

How big is unit 503?

1,480 sqft (137.5 sqm): a three-bedroom apartment on the 5th floor of a 28-storey tower completed in 2021.

What is unit 503 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 503, Creek Gate Tower 2

Starts from the last sale price (AED 3.09M, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,089,679
Deposit, UAE resident (20%)
AED 617,936
Deposit, non-resident (40%)
AED 1,235,872
Monthly over 25 years at 3.7%
AED 12,641

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