1-bed · 789 sqftCreek Rise Tower 1, Dubai Creek Harbour · 4th floor · completed 2022

406, Creek Rise Tower 1

Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 1.7M17 December 2024
Current rentAED 63K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Creek Rise Tower 1

What is 406 worth today?

Last sold for AED 1,700,000 in 2024

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17 Dec 2024SoldReady
AED 1,700,000AED 2,154 per sqft
1 Sep 2023RentedRenewal
AED 63,000/yr12 months · AED 80 per sqft
1 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
16 Dec 2020SoldOff-plan
AED 540,000AED 1,348 per sqft
9 Jul 2017Sold by developerOff-plan
AED 1,073,888AED 1,360 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
4th of 38
Parking
M-69
Developer
Emaar
Completed
2022
Last sold
AED 1.7M · December 2024

About 406, Creek Rise Tower 1

406 is a one-bedroom apartment of 789 sqft on the 4th floor of Creek Rise Tower 1, a 38-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 17 December 2024 for AED 1,700,000, or AED 2,154 per sqft, in line with the AED 2,104 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 63,000 a year: a gross yield of 3.7% on the 2024 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Creek Rise Tower 1
1M2017202020232026Typical sale price by year: 2017 AED 1,207,888; 2018 AED 1,196,888; 2019 AED 1,197,388; 2020 AED 1,394,888; 2022 AED 1,484,388; 2023 AED 1,457,500; 2024 AED 1,700,000; 2025 AED 1,772,500Sold by developer, July 2017: AED 1,073,888 (AED 1,360 per sqft)Sold, December 2020: AED 540,000 (AED 1,348 per sqft)Sold, December 2024: AED 1,700,000 (AED 2,154 per sqft)

406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Creek Rise Tower 1
60K80K100K202220242026Typical rent by year: 2022 AED 72,000; 2023 AED 85,000; 2024 AED 96,000; 2025 AED 100,000; 2026 AED 100,000New contract, September 2022: AED 60,000 a yearRenewal, September 2023: AED 63,000 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 Rise Tower 1, and where 406 sits

All 103 1-beds →

406 last sold in December 2024 at AED 2,154 per sqft, in line with what one-beds in Creek Rise Tower 1 were fetching at the time (AED 2,104). Over the last 12 months one-beds sold for AED 1,800,000, around AED 2,179 per sqft, and rent for AED 83,000 to 140,000 a year. 406's AED 63,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20261,800,000
27 Oct 20251,740,000
6 Oct 20252,000,000
22 Sep 20251,700,000
1 1-bed sale in the last 12 months

Creek Rise Tower 1

Building

297 apartments, 1-bed to 4-bed over 38 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 15 sold in the last 12 months.

Typical price per sqft
AED 2,229 Down 0.4%
Typical sale
AED 2.55M
Typical rent
AED 135K /yr
Typical yield
5.5%
Creek Rise Tower 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 4th floor

All 297 units in Creek Rise Tower 1
Value
4012-bedAED 1.99M · Oct 2017
4022-bedAED 1.89M · Dec 2019
4032-bedAED 1.89M · Sep 2017
4041-bedAED 1.38M · Oct 2017
4051-bedAED 1.34M · Sep 2017
4072-bedAED 2.02M · Jul 2022
4082-bedAED 1.52M · Aug 2017
1–7 of 8

406, Creek Rise Tower 1 in numbers

  • Sold 3 times: first on 9 July 2017 for AED 1,073,888, last on 17 December 2024 for AED 1,700,000 (AED 2,154 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, from AED 60,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 3.7%.
  • One-beds in Creek Rise Tower 1 sold for AED 1,800,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,229 per sqft.

Source: Dubai Land Department. Updated 17 December 2024.

Questions about 406, Creek Rise Tower 1

What did unit 406 last sell for?

AED 1,700,000 on 17 December 2024: AED 2,154 per sqft for 789 sqft. The unit has 3 registered sales; the first was AED 1,073,888 in July 2017.

What is the rent for unit 406?

AED 63,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 60,000.

How big is unit 406?

789 sqft (73.3 sqm): a one-bedroom apartment on the 4th floor of a 38-storey tower completed in 2022.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Creek Rise Tower 1 sold for AED 1,800,000 to 1,800,000 in the last 12 months, around AED 2,179 per sqft.

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Mortgage on 406, Creek Rise Tower 1

Starts from the last sale price (AED 1.7M, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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