2-bed · 1,109 sqftCreek Rise Tower 2, Dubai Creek Harbour · 5th floor · completed 2022

507, Creek Rise Tower 2

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

Unit 507 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.53M6 December 2018
Current rentAED 140K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Creek Rise Tower 2

What is 507 worth today?

Last sold for AED 1,525,888 in 2018

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1 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 126 per sqft
15 Jun 2024RentedNew contract
AED 160,000/yr12 months · AED 144 per sqft
14 Jun 2023RentedRenewal
AED 104,000/yr12 months · AED 94 per sqft
14 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
6 Dec 2018Sold by developerOff-plan
AED 1,525,888AED 1,376 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
5th of 29
Parking
M-156
Developer
Emaar
Completed
2022
Last sold
AED 1.53M · December 2018

About 507, Creek Rise Tower 2

507 is a two-bedroom apartment of 1,109 sqft on the 5th floor of Creek Rise Tower 2, a 29-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 6 December 2018 for AED 1,525,888, or AED 1,376 per sqft, in line with the AED 1,371 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 September 2024, is AED 140,000 a year: a gross yield of 9.2% on the 2018 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, December 2018: AED 1,525,888 (AED 1,376 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in Creek Rise Tower 2
100K150K202220242026Typical rent by year: 2022 AED 105,000; 2023 AED 114,665; 2024 AED 128,000; 2025 AED 139,126; 2026 AED 137,500New contract, June 2022: AED 95,000 a yearRenewal, June 2023: AED 104,000 a yearNew contract, June 2024: AED 160,000 a yearNew contract, September 2024: AED 140,000 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 507 sits

All 93 2-beds →

507 last sold in December 2018 at AED 1,376 per sqft, in line with what two-beds in Creek Rise Tower 2 were fetching at the time (AED 1,371). 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. 507's AED 140,000 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 5th floor

All 221 units in Creek Rise Tower 2
Value
5012-bedAED 2.53M · May 2022
5022-bedAED 2.35M · May 2026
5032-bedAED 2.09M · Jun 2022
5041-bedAED 1.63M · Mar 2025
5051-bedAED 1.05M · Jun 2019
5061-bedAED 1.5M · Dec 2023
5082-bedAED 2.7M · Nov 2025
1–7 of 8

507, Creek Rise Tower 2 in numbers

  • Sold once: by Emaar on 6 December 2018 for AED 1,525,888, or AED 1,376 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 95,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 9.2%.
  • 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 1 September 2024.

Questions about 507, Creek Rise Tower 2

What did unit 507 last sell for?

AED 1,525,888 on 6 December 2018, sold by the developer: AED 1,376 per sqft for 1,109 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 140,000 a year on the contract signed on 1 September 2024. The previous contract, from June 2024, was AED 160,000; the unit has been rented since June 2022.

How big is unit 507?

1,109 sqft (103.0 sqm): a two-bedroom apartment on the 5th floor of a 29-storey tower completed in 2022.

What is unit 507 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 507, Creek Rise Tower 2

Starts from the last sale price (AED 1.53M, 6 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,888
Deposit, UAE resident (20%)
AED 305,178
Deposit, non-resident (40%)
AED 610,355
Monthly over 25 years at 3.7%
AED 6,243

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