1-bed · 752 sqftCreek Horizon Tower 2, Dubai Creek Harbour · completed 2020

P306, Creek Horizon Tower 2

Sold prices and rental history: sold once, by the developer in April 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P306 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.04M13 April 2020
Current rentAED 48K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P306, Creek Horizon Tower 2

What is P306 worth today?

Last sold for AED 1,043,888 in 2020

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20 Dec 2024RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
20 Dec 2023RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
20 Nov 2021RentedNew contract
AED 38,400/yr25 months · AED 51 per sqft
13 Apr 2020Sold by developerOff-plan
AED 1,043,888AED 1,387 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
752 sqft
Parking
P3-052
Developer
Emaar
Completed
2020
Service charge
AED 13,900 /yr
Last sold
AED 1.04M · April 2020

About P306, Creek Horizon Tower 2

P306 is a one-bedroom apartment of 752 sqft of Creek Horizon Tower 2, a 33-storey tower in Dubai Creek Harbour completed in 2020 by Emaar. The developer sold it on 13 April 2020 for AED 1,043,888, or AED 1,387 per sqft, 7% below the AED 1,495 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 20 December 2024, is AED 48,000 a year: a gross yield of 4.6% on the 2020 price, before the service charge of about AED 13,900 a year.

Sales and rents for P306 over time

Sales
Unit P306, 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, April 2020: AED 1,043,888 (AED 1,387 per sqft)

P306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit P306, each contractTypical one-bed in Creek Horizon Tower 2
50K100K2021202320252027Typical 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, November 2021: AED 38,400 a yearRenewal, December 2023: AED 48,000 a yearRenewal, December 2024: AED 48,000 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 P306 sits

All 94 1-beds →

P306 last sold in April 2020 at AED 1,387 per sqft, 7% below what one-beds in Creek Horizon Tower 2 were fetching at the time (AED 1,495). 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. P306's AED 48,000 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 →

P306, Creek Horizon Tower 2 in numbers

  • Sold once: by Emaar on 13 April 2020 for AED 1,043,888, or AED 1,387 per sqft.
  • Rented since November 2021 on 3 Ejari contracts, from AED 38,400 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2020 price is 4.6%, 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 20 December 2024.

Questions about P306, Creek Horizon Tower 2

What did unit P306 last sell for?

AED 1,043,888 on 13 April 2020, sold by the developer: AED 1,387 per sqft for 752 sqft. It is the only registered sale of the unit.

What is the rent for unit P306?

AED 48,000 a year on the contract renewed on 20 December 2024. The previous contract, from December 2023, was AED 48,000; the unit has been rented since November 2021.

How big is unit P306?

752 sqft (69.9 sqm): a one-bedroom apartment of a 33-storey tower completed in 2020.

What is unit P306 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 P306, Creek Horizon Tower 2

Starts from the last sale price (AED 1.04M, 13 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,043,888
Deposit, UAE resident (20%)
AED 208,778
Deposit, non-resident (40%)
AED 417,555
Monthly over 25 years at 3.7%
AED 4,271

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