3-bed · 1,634 sqftCreek Horizon Tower 1, Dubai Creek Harbour · 34th floor · completed 2020

3407, Creek Horizon Tower 1

Sold prices and rental history: sold twice, last in May 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 3.53M15 May 2024
Current rentAED 119K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, Creek Horizon Tower 1

What is 3407 worth today?

Last sold for AED 3,525,000 in 2024

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15 May 2024SoldReady
AED 3,525,000AED 2,157 per sqft
10 Dec 2023RentedRenewal
AED 118,957/yr5 months · AED 73 per sqft
10 Dec 2022RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
10 Dec 2021RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
9 Oct 2021Sold by developerReady
AED 3,500,888AED 2,142 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
3-bed apartment
Size
1,634 sqft
Floor
34th of 36
Parking
P1-040,P1-041
Developer
Emaar
Completed
2020
Service charge
AED 30,200 /yr
Last sold
AED 3.53M · May 2024

About 3407, Creek Horizon Tower 1

3407 is a three-bedroom apartment of 1,634 sqft on the 34th floor of Creek Horizon Tower 1, a 36-storey tower in Dubai Creek Harbour completed in 2020 by Emaar. It last sold on 15 May 2024 for AED 3,525,000, or AED 2,157 per sqft, in line with the AED 2,136 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 10 December 2023, is AED 118,957 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 30,200 a year.

Sales and rents for 3407 over time

Sales
Unit 3407, each saleTypical three-bed in Creek Horizon Tower 1
2.5M3M3.5M2017202020232026Typical sale price by year: 2017 AED 2,975,888; 2019 AED 3,009,888; 2021 AED 3,359,888; 2022 AED 2,687,217; 2023 AED 3,270,444; 2024 AED 3,512,500; 2025 AED 3,570,000; 2026 AED 3,775,000Sold by developer, October 2021: AED 3,500,888 (AED 2,142 per sqft)Sold, May 2024: AED 3,525,000 (AED 2,157 per sqft)

3407 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3407, each contractTypical three-bed in Creek Horizon Tower 1
150K200K2021202320252027Typical rent by year: 2021 AED 120,000; 2022 AED 130,000; 2023 AED 170,000; 2024 AED 181,875; 2025 AED 215,000; 2026 AED 219,000New contract, December 2021: AED 120,000 a yearRenewal, December 2022: AED 120,000 a yearRenewal, December 2023: AED 118,957 a year

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

3-beds in Creek Horizon Tower 1, and where 3407 sits

All 68 3-beds →

3407 last sold in May 2024 at AED 2,157 per sqft, in line with what three-beds in Creek Horizon Tower 1 were fetching at the time (AED 2,136). Over the last 12 months three-beds sold for AED 3,700,000 to 3,850,000, around AED 2,281 per sqft, and rent for AED 159,144 to 320,000 a year. 3407's AED 118,957 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Aug 20263,700,000
22 May 20263,850,000
6 Mar 20263,850,000
7 Jan 20263,700,000
4 3-bed sales in the last 12 months

Creek Horizon Tower 1

Building

268 apartments, 1-bed to 4-bed over 36 floors in Dubai Creek Harbour, completed in 2020 by Emaar. 23 sold in the last 12 months.

Typical price per sqft
AED 2,264 Up 3.8%
Typical sale
AED 2.57M
Typical rent
AED 110K /yr
Typical yield
5.4%
Creek Horizon Tower 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 34th floor

All 268 units in Creek Horizon Tower 1
Value
34012-bedAED 2.27M · Jan 2017
34023-bedAED 4.2M · Oct 2023
34032-bedAED 1.65M · Mar 2017
34041-bedAED 1.17M · Feb 2017
34051-bedAED 1.35M · Jun 2023
34061-bedAED 1.17M · Feb 2017
34082-bedAED 1.9M · Dec 2022

3407, Creek Horizon Tower 1 in numbers

  • Sold twice: first on 9 October 2021 for AED 3,500,888, last on 15 May 2024 for AED 3,525,000 (AED 2,157 per sqft).
  • Rented since December 2021 on 3 Ejari contracts, from AED 120,000 to AED 118,957 a year.
  • At AED 118,957 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 30,200 a year (AED 18.49 per sqft).
  • Three-beds in Creek Horizon Tower 1 sold for AED 3,700,000–3,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,264 per sqft.

Source: Dubai Land Department. Updated 15 May 2024.

Questions about 3407, Creek Horizon Tower 1

What did unit 3407 last sell for?

AED 3,525,000 on 15 May 2024: AED 2,157 per sqft for 1,634 sqft. The unit has 2 registered sales; the first was AED 3,500,888 in October 2021.

What is the rent for unit 3407?

AED 118,957 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 120,000; the unit has been rented since December 2021.

How big is unit 3407?

1,634 sqft (151.8 sqm): a three-bedroom apartment on the 34th floor of a 36-storey tower completed in 2020.

What is unit 3407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Creek Horizon Tower 1 sold for AED 3,700,000 to 3,850,000 in the last 12 months, around AED 2,281 per sqft.

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Mortgage on 3407, Creek Horizon Tower 1

Starts from the last sale price (AED 3.53M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,525,000
Deposit, UAE resident (20%)
AED 705,000
Deposit, non-resident (40%)
AED 1,410,000
Monthly over 25 years at 3.7%
AED 14,422

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