P03, Creek Rise Tower 1
Sold prices and rental history: sold once, by the developer 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 P03, Creek Rise Tower 1
What is P03 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,103 sqft
- Parking
- M-89
- Developer
- Emaar
- Completed
- 2022
- Last sold
- AED 2.45M · March 2023
- Building
- Creek Rise Tower 1
About P03, Creek Rise Tower 1
P03 is a two-bedroom apartment of 1,103 sqft of Creek Rise Tower 1, a 38-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 14 March 2023 for AED 2,451,888, or AED 2,222 per sqft, 19% above the AED 1,868 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 145,000 a year: a gross yield of 5.9% on the 2023 price.
Sales and rents for P03 over time
P03 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Creek Rise Tower 1, and where P03 sits
All 137 2-beds →P03 last sold in March 2023 at AED 2,222 per sqft, 19% above what two-beds in Creek Rise Tower 1 were fetching at the time (AED 1,868). Over the last 12 months two-beds sold for AED 1,540,888 to 2,800,000, around AED 2,254 per sqft, and rent for AED 80,000 to 180,000 a year. P03's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,109 sqft | 2,650,000 | 2,389 | ||
| 1 Sep 20261 September 2026 | 1,107 sqft | 2,500,000 | 2,257 | ||
| 3 Jul 20263 July 2026 | 1,256 sqft | 2,500,000 | 1,990 | ||
| 2 Jul 20262 July 2026 | 1,107 sqft | 2,600,000 | 2,347 |
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%
P03, Creek Rise Tower 1 in numbers
- Sold once: by Emaar on 14 March 2023 for AED 2,451,888, or AED 2,222 per sqft.
- Rented since May 2023 on 2 Ejari contracts, from AED 119,678 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 5.9%.
- Two-beds in Creek Rise Tower 1 sold for AED 1,540,888–2,800,000 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 1 May 2024.
Questions about P03, Creek Rise Tower 1
What did unit P03 last sell for?
AED 2,451,888 on 14 March 2023, sold by the developer: AED 2,222 per sqft for 1,103 sqft. It is the only registered sale of the unit.
What is the rent for unit P03?
AED 145,000 a year on the contract signed on 1 May 2024. The previous contract, from May 2023, was AED 119,678.
How big is unit P03?
1,103 sqft (102.5 sqm): a two-bedroom apartment of a 38-storey tower completed in 2022.
What is unit P03 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Creek Rise Tower 1 sold for AED 1,540,888 to 2,800,000 in the last 12 months, around AED 2,254 per sqft.
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Mortgage on P03, Creek Rise Tower 1
Starts from the last sale price (AED 2.45M, 14 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,451,888
- Deposit, UAE resident (20%)
- AED 490,378
- Deposit, non-resident (40%)
- AED 980,755
- Monthly over 25 years at 3.7%
- AED 10,031
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →