2-bed · 2,073 sqftCreek Gate Tower 2, Dubai Creek Harbour · Ground floor · completed 2021

G01, Creek Gate Tower 2

Sold prices and rental history: sold twice, last in September 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 3.25M13 September 2023
Current rentAED 260K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Creek Gate Tower 2

What is G01 worth today?

Last sold for AED 3,250,000 in 2023

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15 Aug 2024RentedNew contract
AED 260,000/yr12 months · AED 126 per sqft
10 Nov 2023RentedNew contract
AED 240,000/yr12 months · AED 116 per sqft
13 Sep 2023SoldReady
AED 3,250,000AED 1,567 per sqft
15 Mar 2023RentedNew contract
AED 182,500/yr24 months · AED 88 per sqft
30 Nov 2020Sold by developerOff-plan
AED 2,121,888AED 1,070 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
2,073 sqft
Floor
Ground of 28
Parking
GF-T2-07
Developer
Emaar
Completed
2021
Service charge
AED 31,100 /yr
Last sold
AED 3.25M · September 2023

About G01, Creek Gate Tower 2

G01 is a two-bedroom apartment of 2,073 sqft on the ground floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 13 September 2023 for AED 3,250,000, or AED 1,567 per sqft, 7% below the AED 1,677 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 15 August 2024, is AED 260,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 31,100 a year.

Sales and rents for G01 over time

Sales
Unit G01, each saleTypical two-bed in Creek Gate Tower 2
2M3M2017202020232026Typical sale price by year: 2017 AED 1,659,388; 2018 AED 1,537,888; 2019 AED 1,792,888; 2020 AED 1,887,888; 2021 AED 2,256,888; 2022 AED 1,807,944; 2023 AED 2,200,000; 2024 AED 2,300,000; 2025 AED 2,500,000; 2026 AED 2,525,000Sold by developer, November 2020: AED 2,121,888 (AED 1,070 per sqft)Sold, September 2023: AED 3,250,000 (AED 1,567 per sqft)

G01 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G01, each contractTypical two-bed in Creek Gate Tower 2
100K200K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 105,000; 2024 AED 121,000; 2025 AED 130,000; 2026 AED 126,000New contract, March 2023: AED 182,500 a yearNew contract, November 2023: AED 240,000 a yearNew contract, August 2024: AED 260,000 a year

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 2, and where G01 sits

All 105 2-beds →

G01 last sold in September 2023 at AED 1,567 per sqft, 7% below what two-beds in Creek Gate Tower 2 were fetching at the time (AED 1,677). Over the last 12 months two-beds sold for AED 2,500,000 to 2,700,000, around AED 2,362 per sqft, and rent for AED 109,412 to 205,000 a year. G01's AED 260,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 May 20262,500,000
10 Apr 20262,550,000
26 Feb 20262,500,000
23 Feb 20262,700,000
6 2-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 ground floor

All 217 units in Creek Gate Tower 2
Value
G022-bedAED 2.37M · Oct 2021
G032-bedAED 2.53M · Oct 2021
G042-bedAED 2.1M · Jul 2021
G052-bedAED 2.75M · Mar 2023
G062-bedAED 2.74M · Feb 2023
G072-bedAED 2.75M · Apr 2023

G01, Creek Gate Tower 2 in numbers

  • Sold twice: first on 30 November 2020 for AED 2,121,888, last on 13 September 2023 for AED 3,250,000 (AED 1,567 per sqft).
  • Rented since March 2023 on 3 Ejari contracts, from AED 182,500 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 31,100 a year (AED 15.00 per sqft).
  • Two-beds in Creek Gate Tower 2 sold for AED 2,500,000–2,700,000 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 15 August 2024.

Questions about G01, Creek Gate Tower 2

What did unit G01 last sell for?

AED 3,250,000 on 13 September 2023: AED 1,567 per sqft for 2,073 sqft. The unit has 2 registered sales; the first was AED 2,121,888 in November 2020.

What is the rent for unit G01?

AED 260,000 a year on the contract signed on 15 August 2024. The previous contract, from November 2023, was AED 240,000; the unit has been rented since March 2023.

How big is unit G01?

2,073 sqft (192.6 sqm): a two-bedroom apartment on the ground floor of a 28-storey tower completed in 2021.

What is unit G01 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 2 sold for AED 2,500,000 to 2,700,000 in the last 12 months, around AED 2,362 per sqft.

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Mortgage on G01, Creek Gate Tower 2

Starts from the last sale price (AED 3.25M, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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