2-bed · 1,107 sqftCreek Rise Tower 2, Dubai Creek Harbour · 4th floor · completed 2022

402, Creek Rise Tower 2

Sold prices and rental history: sold once, by the developer in June 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 2.39M13 June 2022
Current rentAED 148K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Creek Rise Tower 2

What is 402 worth today?

Last sold for AED 2,388,888 in 2022

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20 Oct 2024RentedRenewal
AED 147,500/yr12 months · AED 133 per sqft
13 Jun 2022Sold by developerReady
AED 2,388,888AED 2,157 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,107 sqft
Floor
4th of 29
Parking
M-56
Developer
Emaar
Completed
2022
Last sold
AED 2.39M · June 2022

About 402, Creek Rise Tower 2

402 is a two-bedroom apartment of 1,107 sqft on the 4th floor of Creek Rise Tower 2, a 29-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 13 June 2022 for AED 2,388,888, or AED 2,157 per sqft, in line with the AED 2,150 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2024. The current contract, renewed on 20 October 2024, is AED 147,500 a year: a gross yield of 6.2% on the 2022 price.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Creek Rise Tower 2
2M2018202120242027Typical sale price by year: 2018 AED 1,539,388; 2019 AED 1,812,757; 2020 AED 1,904,888; 2021 AED 2,263,888; 2022 AED 2,403,888; 2023 AED 2,175,000; 2024 AED 2,505,000; 2025 AED 2,712,500; 2026 AED 2,550,000Sold by developer, June 2022: AED 2,388,888 (AED 2,157 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Creek Rise Tower 2
100K120K140K202220242026Typical rent by year: 2022 AED 105,000; 2023 AED 114,665; 2024 AED 128,000; 2025 AED 139,126; 2026 AED 137,500Renewal, October 2024: AED 147,500 a year

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 2, and where 402 sits

All 93 2-beds →

402 last sold in June 2022 at AED 2,157 per sqft, in line with what two-beds in Creek Rise Tower 2 were fetching at the time (AED 2,150). Over the last 12 months two-beds sold for AED 2,100,000 to 2,700,000, around AED 2,233 per sqft, and rent for AED 114,713 to 185,000 a year. 402's AED 147,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Aug 20262,590,000
5 Aug 20262,550,000
4 Aug 20262,600,000
20 Jul 20262,550,000
16 2-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 4th floor

All 221 units in Creek Rise Tower 2
Value
4012-bedAED 2.52M · May 2022
4032-bedAED 900K · Jul 2023
4041-bedAED 1.33M · Feb 2023
4051-bedAED 1.05M · May 2018
4061-bedAED 1.07M · Aug 2019
4072-bedAED 2M · Jun 2022
4082-bedAED 1.52M · Jun 2018
1–7 of 8

402, Creek Rise Tower 2 in numbers

  • Sold once: by Emaar on 13 June 2022 for AED 2,388,888, or AED 2,157 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 147,500 a year.
  • At AED 147,500 a year the gross yield on the 2022 price is 6.2%.
  • Two-beds in Creek Rise Tower 2 sold for AED 2,100,000–2,700,000 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 October 2024.

Questions about 402, Creek Rise Tower 2

What did unit 402 last sell for?

AED 2,388,888 on 13 June 2022, sold by the developer: AED 2,157 per sqft for 1,107 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 147,500 a year on the contract renewed on 20 October 2024.

How big is unit 402?

1,107 sqft (102.8 sqm): a two-bedroom apartment on the 4th floor of a 29-storey tower completed in 2022.

What is unit 402 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 2 sold for AED 2,100,000 to 2,700,000 in the last 12 months, around AED 2,233 per sqft.

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Mortgage on 402, Creek Rise Tower 2

Starts from the last sale price (AED 2.39M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,388,888
Deposit, UAE resident (20%)
AED 477,778
Deposit, non-resident (40%)
AED 955,555
Monthly over 25 years at 3.7%
AED 9,774

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