2-bed · 1,214 sqftCreek Horizon Tower 1, Dubai Creek Harbour · 7th floor · completed 2020

701, Creek Horizon Tower 1

Sold prices and rental history: sold twice, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 2.4M22 November 2023
Current rentAED 88K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Creek Horizon Tower 1

What is 701 worth today?

Last sold for AED 2,402,250 in 2023

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22 Nov 2023SoldReady
AED 2,402,250AED 1,979 per sqft
15 Jul 2023RentedRenewal
AED 88,000/yr12 months · AED 72 per sqft
15 Jul 2022RentedRenewal
AED 80,000/yr12 months · AED 66 per sqft
15 Jul 2021RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
7 Feb 2017Sold by developerOff-plan
AED 1,836,888AED 1,513 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
2-bed apartment
Size
1,214 sqft
Floor
7th of 36
Parking
G-070
Developer
Emaar
Completed
2020
Service charge
AED 22,400 /yr
Last sold
AED 2.4M · November 2023

About 701, Creek Horizon Tower 1

701 is a two-bedroom apartment of 1,214 sqft on the 7th floor of Creek Horizon Tower 1, a 36-storey tower in Dubai Creek Harbour completed in 2020 by Emaar. It last sold on 22 November 2023 for AED 2,402,250, or AED 1,979 per sqft, 6% above the AED 1,861 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 88,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 22,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Creek Horizon Tower 1
1.5M2M2.5M2017202020232026Typical 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, February 2017: AED 1,836,888 (AED 1,513 per sqft)Sold, November 2023: AED 2,402,250 (AED 1,979 per sqft)

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

Rents
Unit 701, 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, July 2021: AED 75,000 a yearRenewal, July 2022: AED 80,000 a yearRenewal, July 2023: AED 88,000 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 701 sits

All 102 2-beds →

701 last sold in November 2023 at AED 1,979 per sqft, 6% above what two-beds in Creek Horizon Tower 1 were fetching at the time (AED 1,861). 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. 701's AED 88,000 is in the lower 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 7th floor

All 268 units in Creek Horizon Tower 1
Value
7023-bedAED 2.63M · Sep 2021
7032-bedAED 2.45M · Oct 2025
7041-bedAED 1.48M · May 2023
7051-bedAED 1.11M · Jan 2017
7061-bedAED 1.09M · Jan 2017
7073-bedAED 2.43M · Jul 2017
7082-bedAED 1.8M · Feb 2017

701, Creek Horizon Tower 1 in numbers

  • Sold twice: first on 7 February 2017 for AED 1,836,888, last on 22 November 2023 for AED 2,402,250 (AED 1,979 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 75,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 22,400 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 22 November 2023.

Questions about 701, Creek Horizon Tower 1

What did unit 701 last sell for?

AED 2,402,250 on 22 November 2023: AED 1,979 per sqft for 1,214 sqft. The unit has 2 registered sales; the first was AED 1,836,888 in February 2017.

What is the rent for unit 701?

AED 88,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 80,000; the unit has been rented since July 2021.

How big is unit 701?

1,214 sqft (112.8 sqm): a two-bedroom apartment on the 7th floor of a 36-storey tower completed in 2020.

What is unit 701 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 701, Creek Horizon Tower 1

Starts from the last sale price (AED 2.4M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,402,250
Deposit, UAE resident (20%)
AED 480,450
Deposit, non-resident (40%)
AED 960,900
Monthly over 25 years at 3.7%
AED 9,828

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