2-bed · 1,191 sqftCreek Horizon Tower 1, Dubai Creek Harbour · 5th floor · completed 2020

508, Creek Horizon Tower 1

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 3 February 2025
Last soldAED 1.02M22 October 2020
Current rentAED 155K /yr3 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Creek Horizon Tower 1

What is 508 worth today?

Last sold for AED 1,020,000 in 2020

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3 Feb 2025RentedNew contract
AED 155,000/yr12 months · AED 130 per sqft
3 Feb 2025RentedNew contract
AED 155,000/yr12 months · AED 130 per sqft
30 Nov 2023RentedNew contract
AED 150,000/yr12 months · AED 126 per sqft
15 Dec 2022RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
15 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
22 Oct 2020SoldOff-plan
AED 1,020,000AED 856 per sqft
30 Jan 2017Sold by developerOff-plan
AED 1,788,888AED 1,501 per sqft

Source: Dubai Land Department. Updated 3 February 2025.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
5th of 36
Parking
P1-060
Developer
Emaar
Completed
2020
Service charge
AED 22,000 /yr
Last sold
AED 1.02M · October 2020

About 508, Creek Horizon Tower 1

508 is a two-bedroom apartment of 1,191 sqft on the 5th floor of Creek Horizon Tower 1, a 36-storey tower in Dubai Creek Harbour completed in 2020 by Emaar. It last sold on 22 October 2020 for AED 1,020,000, or AED 856 per sqft, 42% below the AED 1,464 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 3 February 2025, is AED 155,000 a year: a gross yield of 15.2% on the 2020 price, before the service charge of about AED 22,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in Creek Horizon Tower 1
1M2M3M2017202020232026Typical sale price by year: 2017 AED 1,836,888; 2018 AED 2,218,888; 2019 AED 2,215,888; 2020 AED 1,612,888; 2021 AED 1,769,388; 2022 AED 1,860,116; 2023 AED 2,250,000; 2024 AED 2,480,000; 2025 AED 2,552,500; 2026 AED 2,700,000Sold by developer, January 2017: AED 1,788,888 (AED 1,501 per sqft)Sold, October 2020: AED 1,020,000 (AED 856 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in Creek Horizon Tower 1
100K150K2021202320252027Typical rent by year: 2021 AED 78,000; 2022 AED 90,000; 2023 AED 99,500; 2024 AED 135,000; 2025 AED 145,000; 2026 AED 145,000New contract, December 2021: AED 80,000 a yearNew contract, December 2022: AED 85,000 a yearNew contract, November 2023: AED 150,000 a yearNew contract, February 2025: AED 155,000 a yearNew contract, February 2025: AED 155,000 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 Horizon Tower 1, and where 508 sits

All 102 2-beds →

508 last sold in October 2020 at AED 856 per sqft, 42% below what two-beds in Creek Horizon Tower 1 were fetching at the time (AED 1,464). Over the last 12 months two-beds sold for AED 2,158,168 to 2,900,000, around AED 2,271 per sqft, and rent for AED 85,000 to 200,000 a year. 508's AED 155,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20262,158,168
26 Aug 20262,700,000
22 May 20262,900,000
25 Mar 20262,860,000
10 2-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 5th floor

All 268 units in Creek Horizon Tower 1
Value
5012-bedAED 1.83M · Jan 2017
5023-bedAED 2.84M · Sep 2021
5032-bedAED 2.3M · Jun 2024
5041-bedAED 1.58M · May 2024
5051-bedAED 1.11M · Jan 2017
5061-bedAED 1.08M · Jan 2017
5073-bedAED 2.79M · Oct 2021

508, Creek Horizon Tower 1 in numbers

  • Sold twice: first on 30 January 2017 for AED 1,788,888, last on 22 October 2020 for AED 1,020,000 (AED 856 per sqft).
  • Rented since December 2021 on 5 Ejari contracts, from AED 80,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2020 price is 15.2%, before a service charge of about AED 22,000 a year (AED 18.49 per sqft).
  • Two-beds in Creek Horizon Tower 1 sold for AED 2,158,168–2,900,000 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 3 February 2025.

Questions about 508, Creek Horizon Tower 1

What did unit 508 last sell for?

AED 1,020,000 on 22 October 2020: AED 856 per sqft for 1,191 sqft. The unit has 2 registered sales; the first was AED 1,788,888 in January 2017.

What is the rent for unit 508?

AED 155,000 a year on the contract signed on 3 February 2025. The previous contract, from February 2025, was AED 155,000; the unit has been rented since December 2021.

How big is unit 508?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 5th floor of a 36-storey tower completed in 2020.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Creek Horizon Tower 1 sold for AED 2,158,168 to 2,900,000 in the last 12 months, around AED 2,271 per sqft.

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Mortgage on 508, Creek Horizon Tower 1

Starts from the last sale price (AED 1.02M, 22 October 2020). 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 →