1-bed · 780 sqftCreek Rise Tower 2, Dubai Creek Harbour · 15th floor · completed 2022

1507, Creek Rise Tower 2

Sold prices and rental history: sold twice, last in February 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 1.4M3 February 2023
Current rentAED 120K /yr16 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Creek Rise Tower 2

What is 1507 worth today?

Last sold for AED 1,400,000 in 2023

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16 May 2024RentedNew contract
AED 120,000/yr12 months · AED 153 per sqft
31 May 2023RentedNew contract
AED 99,000/yr12 months · AED 126 per sqft
3 Feb 2023SoldReady
AED 1,400,000AED 1,793 per sqft
23 Nov 2020Sold by developerOff-plan
AED 1,165,119AED 1,493 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
15th of 29
Parking
P-51
Developer
Emaar
Completed
2022
Last sold
AED 1.4M · February 2023

About 1507, Creek Rise Tower 2

1507 is a one-bedroom apartment of 780 sqft on the 15th floor of Creek Rise Tower 2, a 29-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 3 February 2023 for AED 1,400,000, or AED 1,793 per sqft, 5% above the AED 1,703 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 16 May 2024, is AED 120,000 a year: a gross yield of 8.6% on the 2023 price.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical one-bed in Creek Rise Tower 2
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,079,388; 2019 AED 1,271,888; 2020 AED 1,284,888; 2021 AED 850,000; 2022 AED 1,360,000; 2023 AED 1,430,836; 2024 AED 1,650,000; 2025 AED 1,800,000; 2026 AED 1,800,000Sold by developer, November 2020: AED 1,165,119 (AED 1,493 per sqft)Sold, February 2023: AED 1,400,000 (AED 1,793 per sqft)

1507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Creek Rise Tower 2
75K100K125K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 78,000; 2024 AED 88,000; 2025 AED 90,000; 2026 AED 88,200New contract, May 2023: AED 99,000 a yearNew contract, May 2024: AED 120,000 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 2, and where 1507 sits

All 81 1-beds →

1507 last sold in February 2023 at AED 1,793 per sqft, 5% above what one-beds in Creek Rise Tower 2 were fetching at the time (AED 1,703). Over the last 12 months one-beds sold for AED 375,000 to 2,000,000, around AED 2,175 per sqft, and rent for AED 73,700 to 134,000 a year. 1507's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 20261,400,000
10 Aug 20261,750,000
26 Feb 20261,800,000
26 Feb 20261,800,000
11 1-bed sales in the last 12 months

Creek Rise Tower 2

Building

221 apartments, 1-bed to 4-bed over 29 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 37 sold in the last 12 months.

Typical price per sqft
AED 2,175 Down 0.1%
Typical sale
AED 2.55M
Typical rent
AED 130K /yr
Typical yield
5.4%
Creek Rise Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 15th floor

All 221 units in Creek Rise Tower 2
Value
15013-bedAED 3.33M · Nov 2022
15022-bedAED 2.44M · May 2022
15032-bedAED 2.2M · Dec 2025
15041-bedAED 1.43M · Dec 2019
15053-bedAED 2.85M · Jan 2022
15063-bedAED 3.45M · May 2024
15081-bedAED 1.2M · Oct 2019

1507, Creek Rise Tower 2 in numbers

  • Sold twice: first on 23 November 2020 for AED 1,165,119, last on 3 February 2023 for AED 1,400,000 (AED 1,793 per sqft).
  • Rented since May 2023 on 2 Ejari contracts, from AED 99,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 8.6%.
  • One-beds in Creek Rise Tower 2 sold for AED 375,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,175 per sqft.

Source: Dubai Land Department. Updated 16 May 2024.

Questions about 1507, Creek Rise Tower 2

What did unit 1507 last sell for?

AED 1,400,000 on 3 February 2023: AED 1,793 per sqft for 780 sqft. The unit has 2 registered sales; the first was AED 1,165,119 in November 2020.

What is the rent for unit 1507?

AED 120,000 a year on the contract signed on 16 May 2024. The previous contract, from May 2023, was AED 99,000.

How big is unit 1507?

780 sqft (72.5 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2022.

What is unit 1507 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 2 sold for AED 375,000 to 2,000,000 in the last 12 months, around AED 2,175 per sqft.

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Mortgage on 1507, Creek Rise Tower 2

Starts from the last sale price (AED 1.4M, 3 February 2023). 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 →