1-bed · 683 sqftHarbour Gate Tower 1, Dubai Creek Harbour · 12th floor · completed 2022

1207, Harbour Gate Tower 1

Sold prices and rental history: sold twice, last in November 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 1.23M16 November 2022
Current rentAED 88K /yr24 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Harbour Gate Tower 1

What is 1207 worth today?

Last sold for AED 1,230,000 in 2022

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24 Jan 2024RentedRenewal
AED 88,000/yr12 months · AED 130 per sqft
24 Jan 2023RentedNew contract
AED 78,000/yr12 months · AED 115 per sqft
16 Nov 2022SoldReady
AED 1,230,000AED 1,801 per sqft
30 Oct 2018Sold by developerOff-plan
AED 977,888AED 1,432 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
1-bed apartment
Size
683 sqft
Floor
12th of 37
Parking
B2-204
Developer
Emaar
Completed
2022
Service charge
AED 14,500 /yr
Last sold
AED 1.23M · November 2022

About 1207, Harbour Gate Tower 1

1207 is a one-bedroom apartment of 683 sqft on the 12th floor of Harbour Gate Tower 1, a 37-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 16 November 2022 for AED 1,230,000, or AED 1,801 per sqft, 12% below the AED 2,058 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 24 January 2024, is AED 88,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 14,500 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical one-bed in Harbour Gate Tower 1
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,190,888; 2018 AED 1,201,888; 2019 AED 1,085,888; 2021 AED 1,151,888; 2022 AED 1,400,000; 2023 AED 1,335,000; 2024 AED 1,500,000; 2025 AED 1,570,000; 2026 AED 1,490,000Sold by developer, October 2018: AED 977,888 (AED 1,432 per sqft)Sold, November 2022: AED 1,230,000 (AED 1,801 per sqft)

1207 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, each contractTypical one-bed in Harbour Gate Tower 1
80K90K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 80,000; 2024 AED 89,889; 2025 AED 95,000; 2026 AED 90,000New contract, January 2023: AED 78,000 a yearRenewal, January 2024: AED 88,000 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 Harbour Gate Tower 1, and where 1207 sits

All 75 1-beds →

1207 last sold in November 2022 at AED 1,801 per sqft, 12% below what one-beds in Harbour Gate Tower 1 were fetching at the time (AED 2,058). Over the last 12 months one-beds sold for AED 1,350,000 to 1,690,000, around AED 2,181 per sqft, and rent for AED 75,000 to 120,000 a year. 1207's AED 88,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,470,000
27 Aug 20261,430,000
22 Jul 20261,350,000
7 Jul 20261,510,000
8 1-bed sales in the last 12 months

Harbour Gate Tower 1

Building

262 apartments, 1-bed to 4-bed over 37 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 23 sold in the last 12 months.

Typical price per sqft
AED 2,220 Up 1.8%
Typical sale
AED 2.55M
Typical rent
AED 132K /yr
Typical yield
5.5%
Harbour Gate Tower 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 12th floor

All 262 units in Harbour Gate Tower 1
Value
12013-bedAED 2.97M · Mar 2022
12021-bedAED 1.43M · Aug 2026
12033-bedAED 1.7M · Aug 2021
12042-bedAED 2.35M · Apr 2022
12051-bedAED 1.74M · Apr 2022
12061-bedAED 1.35M · Jul 2023
12082-bedAED 2.67M · Nov 2025
1–7 of 8

1207, Harbour Gate Tower 1 in numbers

  • Sold twice: first on 30 October 2018 for AED 977,888, last on 16 November 2022 for AED 1,230,000 (AED 1,801 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 78,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 14,500 a year (AED 21.29 per sqft).
  • One-beds in Harbour Gate Tower 1 sold for AED 1,350,000–1,690,000 in the 12 months to November 2026; the building's median across all types is AED 2,220 per sqft.

Source: Dubai Land Department. Updated 24 January 2024.

Questions about 1207, Harbour Gate Tower 1

What did unit 1207 last sell for?

AED 1,230,000 on 16 November 2022: AED 1,801 per sqft for 683 sqft. The unit has 2 registered sales; the first was AED 977,888 in October 2018.

What is the rent for unit 1207?

AED 88,000 a year on the contract renewed on 24 January 2024. The previous contract, from January 2023, was AED 78,000.

How big is unit 1207?

683 sqft (63.5 sqm): a one-bedroom apartment on the 12th floor of a 37-storey tower completed in 2022.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Harbour Gate Tower 1 sold for AED 1,350,000 to 1,690,000 in the last 12 months, around AED 2,181 per sqft.

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Mortgage on 1207, Harbour Gate Tower 1

Starts from the last sale price (AED 1.23M, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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