1-bed · 751 sqftCreek Horizon Tower 2, Dubai Creek Harbour · 16th floor · completed 2020

1606, Creek Horizon Tower 2

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

Unit 1606 · DLD and Ejari recordsUpdated 16 April 2024
Last soldAED 1.4M16 April 2024
Current rentAED 50K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Creek Horizon Tower 2

What is 1606 worth today?

Last sold for AED 1,400,000 in 2024

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16 Apr 2024SoldReady
AED 1,400,000AED 1,864 per sqft
1 Sep 2022RentedRenewal
AED 49,500/yr12 months · AED 66 per sqft
1 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
2 Feb 2017Sold by developerOff-plan
AED 1,103,888AED 1,469 per sqft

Source: Dubai Land Department. Updated 16 April 2024.

Key facts

Type
1-bed apartment
Size
751 sqft
Floor
16th of 33
Parking
P2-031
Developer
Emaar
Completed
2020
Service charge
AED 13,900 /yr
Last sold
AED 1.4M · April 2024

About 1606, Creek Horizon Tower 2

1606 is a one-bedroom apartment of 751 sqft on the 16th floor of Creek Horizon Tower 2, a 33-storey tower in Dubai Creek Harbour completed in 2020 by Emaar. It last sold on 16 April 2024 for AED 1,400,000, or AED 1,864 per sqft, in line with the AED 1,817 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 49,500 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Creek Horizon Tower 2
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,119,388; 2018 AED 1,135,388; 2019 AED 1,150,388; 2020 AED 1,107,388; 2021 AED 1,100,000; 2022 AED 1,148,444; 2023 AED 1,300,000; 2024 AED 1,495,000; 2025 AED 1,665,000; 2026 AED 1,737,500Sold by developer, February 2017: AED 1,103,888 (AED 1,469 per sqft)Sold, April 2024: AED 1,400,000 (AED 1,864 per sqft)

1606 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, each contractTypical one-bed in Creek Horizon Tower 2
50K75K100K2021202320252027Typical rent by year: 2021 AED 45,000; 2022 AED 52,900; 2023 AED 69,000; 2024 AED 84,000; 2025 AED 95,000; 2026 AED 95,000New contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 49,500 a year

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

1-beds in Creek Horizon Tower 2, and where 1606 sits

All 94 1-beds →

1606 last sold in April 2024 at AED 1,864 per sqft, in line with what one-beds in Creek Horizon Tower 2 were fetching at the time (AED 1,817). Over the last 12 months one-beds sold for AED 1,400,000 to 1,917,600, around AED 2,183 per sqft, and rent for AED 60,000 to 139,000 a year. 1606's AED 49,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 20261,675,000
25 Mar 20261,400,000
12 Feb 20261,800,000
27 Jan 20261,917,600
5 1-bed sales in the last 12 months

Creek Horizon Tower 2

Building

244 apartments, 1-bed to 4-bed over 33 floors in Dubai Creek Harbour, completed in 2020 by Emaar. 15 sold in the last 12 months.

Typical price per sqft
AED 2,183 Up 3.8%
Typical sale
AED 2.3M
Typical rent
AED 120K /yr
Typical yield
5.7%
Creek Horizon Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 16th floor

All 244 units in Creek Horizon Tower 2
Value
16012-bedAED 2.35M · Aug 2021
16023-bedAED 3.25M · Feb 2023
16032-bedAED 1.6M · Feb 2017
16041-bedAED 1.13M · Jan 2017
16051-bedAED 1.13M · Feb 2017
16073-bedAED 3.75M · Feb 2023
16082-bedAED 2.26M · Nov 2021

1606, Creek Horizon Tower 2 in numbers

  • Sold twice: first on 2 February 2017 for AED 1,103,888, last on 16 April 2024 for AED 1,400,000 (AED 1,864 per sqft).
  • Rented since September 2021 on 2 Ejari contracts, from AED 45,000 to AED 49,500 a year.
  • At AED 49,500 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 13,900 a year (AED 18.49 per sqft).
  • One-beds in Creek Horizon Tower 2 sold for AED 1,400,000–1,917,600 in the 12 months to November 2026; the building's median across all types is AED 2,183 per sqft.

Source: Dubai Land Department. Updated 16 April 2024.

Questions about 1606, Creek Horizon Tower 2

What did unit 1606 last sell for?

AED 1,400,000 on 16 April 2024: AED 1,864 per sqft for 751 sqft. The unit has 2 registered sales; the first was AED 1,103,888 in February 2017.

What is the rent for unit 1606?

AED 49,500 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 45,000.

How big is unit 1606?

751 sqft (69.8 sqm): a one-bedroom apartment on the 16th floor of a 33-storey tower completed in 2020.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Creek Horizon Tower 2 sold for AED 1,400,000 to 1,917,600 in the last 12 months, around AED 2,183 per sqft.

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Mortgage on 1606, Creek Horizon Tower 2

Starts from the last sale price (AED 1.4M, 16 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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