1-bed · 828 sqftCreek Rise Tower 2, Dubai Creek Harbour · 16th floor · completed 2022

1604, Creek Rise Tower 2

Sold prices and rental history: sold once, by the developer in November 2018, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 20 September 2022
Last soldAED 1.4M11 November 2018
Current rentAED 75K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Creek Rise Tower 2

What is 1604 worth today?

Last sold for AED 1,400,888 in 2018

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20 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 90 per sqft
11 Nov 2018Sold by developerOff-plan
AED 1,400,888AED 1,692 per sqft

Source: Dubai Land Department. Updated 20 September 2022.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
16th of 29
Parking
M-6
Developer
Emaar
Completed
2022
Last sold
AED 1.4M · November 2018

About 1604, Creek Rise Tower 2

1604 is a one-bedroom apartment of 828 sqft on the 16th floor of Creek Rise Tower 2, a 29-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 11 November 2018 for AED 1,400,888, or AED 1,692 per sqft, 24% above the AED 1,367 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2022. The current contract, signed on 20 September 2022, is AED 75,000 a year: a gross yield of 5.3% on the 2018 price.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 2018: AED 1,400,888 (AED 1,692 per sqft)

1604 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, each contractTypical one-bed in Creek Rise Tower 2
70K80K90K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 78,000; 2024 AED 88,000; 2025 AED 90,000; 2026 AED 88,200New contract, September 2022: AED 75,000 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 1604 sits

All 81 1-beds →

1604 last sold in November 2018 at AED 1,692 per sqft, 24% above what one-beds in Creek Rise Tower 2 were fetching at the time (AED 1,367). 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. 1604's AED 75,000 is in the lower 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 16th floor

All 221 units in Creek Rise Tower 2
Value
16013-bedAED 3.34M · Jul 2022
16022-bedAED 1.94M · Nov 2019
16032-bedAED 1.93M · Dec 2018
16053-bedAED 3.2M · Dec 2022
16063-bedAED 2.17M · Dec 2018
16071-bedAED 1.16M · Jul 2019
16081-bedAED 1.65M · Apr 2024

1604, Creek Rise Tower 2 in numbers

  • Sold once: by Emaar on 11 November 2018 for AED 1,400,888, or AED 1,692 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2018 price is 5.3%.
  • 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 20 September 2022.

Questions about 1604, Creek Rise Tower 2

What did unit 1604 last sell for?

AED 1,400,888 on 11 November 2018, sold by the developer: AED 1,692 per sqft for 828 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 75,000 a year on the contract signed on 20 September 2022.

How big is unit 1604?

828 sqft (76.9 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2022.

What is unit 1604 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 1604, Creek Rise Tower 2

Starts from the last sale price (AED 1.4M, 11 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,888
Deposit, UAE resident (20%)
AED 280,178
Deposit, non-resident (40%)
AED 560,355
Monthly over 25 years at 3.7%
AED 5,731

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