M02, Creek Rise Tower 1
Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M02, Creek Rise Tower 1
What is M02 worth today?
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Source: Dubai Land Department. Updated 22 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 849 sqft
- Floor
- Ground of 38
- Parking
- M-70
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 1.54M · March 2023
- Building
- Creek Rise Tower 1
About M02, Creek Rise Tower 1
M02 is a one-bedroom apartment of 849 sqft on the ground floor of Creek Rise Tower 1, a 38-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 15 March 2023 for AED 1,536,577, or AED 1,810 per sqft, 7% above the AED 1,686 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 22 March 2024, is AED 77,000 a year: a gross yield of 5.0% on the 2023 price.
Sales and rents for M02 over time
M02 has sold twice; the dashed line is the one-bed median of each year in the building.
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 M02 sits
All 103 1-beds →M02 last sold in March 2023 at AED 1,810 per sqft, 7% above what one-beds in Creek Rise Tower 1 were fetching at the time (AED 1,686). 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. M02's AED 77,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 826 sqft | 1,800,000 | 2,179 | ||
| 27 Oct 202527 October 2025 | 848 sqft | 1,740,000 | 2,051 | ||
| 6 Oct 20256 October 2025 | 826 sqft | 2,000,000 | 2,421 | ||
| 22 Sep 202522 September 2025 | 825 sqft | 1,700,000 | 2,060 |
Creek Rise Tower 1
Building297 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%
Other units on the ground floor
All 297 units in Creek Rise Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| M01 | 2-bed | 1,152 sqft | AED 2.39MAED 2,394,888 · Jun 2022June 2022 | 110,000 /yr |
M02, Creek Rise Tower 1 in numbers
- Sold twice: first on 3 June 2022 for AED 1,396,888, last on 15 March 2023 for AED 1,536,577 (AED 1,810 per sqft).
- Rented since March 2023 on 2 Ejari contracts, at AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2023 price is 5.0%.
- 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 22 March 2024.
Questions about M02, Creek Rise Tower 1
What did unit M02 last sell for?
AED 1,536,577 on 15 March 2023: AED 1,810 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 1,396,888 in June 2022.
What is the rent for unit M02?
AED 77,000 a year on the contract renewed on 22 March 2024. The previous contract, from March 2023, was AED 77,000.
How big is unit M02?
849 sqft (78.9 sqm): a one-bedroom apartment on the ground floor of a 38-storey tower completed in 2022.
What is unit M02 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 M02, Creek Rise Tower 1
Starts from the last sale price (AED 1.54M, 15 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,536,577
- Deposit, UAE resident (20%)
- AED 307,315
- Deposit, non-resident (40%)
- AED 614,631
- Monthly over 25 years at 3.7%
- AED 6,287
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →