2-bed · 1,149 sqftHarbour Gate Tower 1, Dubai Creek Harbour · 13th floor · completed 2022

1309, Harbour Gate Tower 1

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

Unit 1309 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.48M7 May 2018
Current rentAED 140K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Harbour Gate Tower 1

What is 1309 worth today?

Last sold for AED 1,483,888 in 2018

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1 Nov 2024RentedNew contract
AED 140,000/yr12 months · AED 122 per sqft
1 Nov 2024RentedNew contract
AED 140,000/yr12 months · AED 122 per sqft
31 Oct 2023RentedNew contract
AED 120,750/yr12 months · AED 105 per sqft
31 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft
7 May 2018Sold by developerOff-plan
AED 1,483,888AED 1,291 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
13th of 37
Parking
B2-104
Developer
Emaar
Completed
2022
Service charge
AED 24,500 /yr
Last sold
AED 1.48M · May 2018

About 1309, Harbour Gate Tower 1

1309 is a two-bedroom apartment of 1,149 sqft on the 13th floor of Harbour Gate Tower 1, a 37-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 7 May 2018 for AED 1,483,888, or AED 1,291 per sqft, 20% below the AED 1,615 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 November 2024, is AED 140,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, each saleTypical two-bed in Harbour Gate Tower 1
2M2017202020232026Typical sale price by year: 2017 AED 1,496,388; 2018 AED 1,454,388; 2019 AED 1,458,388; 2020 AED 1,498,888; 2021 AED 1,363,444; 2022 AED 2,351,388; 2023 AED 2,135,000; 2024 AED 2,450,000; 2025 AED 2,510,000; 2026 AED 2,575,000Sold by developer, May 2018: AED 1,483,888 (AED 1,291 per sqft)

1309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, each contractTypical two-bed in Harbour Gate Tower 1
120K140K202220242026Typical rent by year: 2022 AED 115,000; 2023 AED 120,750; 2024 AED 130,000; 2025 AED 137,691; 2026 AED 135,000New contract, October 2022: AED 115,000 a yearNew contract, October 2023: AED 120,750 a yearNew contract, November 2024: AED 140,000 a yearNew contract, November 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 Harbour Gate Tower 1, and where 1309 sits

All 124 2-beds →

1309 last sold in May 2018 at AED 1,291 per sqft, 20% below what two-beds in Harbour Gate Tower 1 were fetching at the time (AED 1,615). Over the last 12 months two-beds sold for AED 2,480,000 to 3,100,000, around AED 2,295 per sqft, and rent for AED 110,000 to 210,000 a year. 1309's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Aug 20262,550,000
27 Apr 20262,600,000
18 Mar 20262,600,000
18 Mar 20262,700,000
12 2-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 13th floor

All 262 units in Harbour Gate Tower 1
Value
13013-bedAED 3M · Dec 2022
13021-bedAED 1.43M · Oct 2023
13033-bedAED 3.55M · Oct 2024
13042-bedAED 2.55M · Aug 2026
13051-bedAED 1.6M · Jul 2024
13061-bedAED 1.3M · Dec 2022
13071-bedAED 900K · Jul 2022
1–7 of 8

1309, Harbour Gate Tower 1 in numbers

  • Sold once: by Emaar on 7 May 2018 for AED 1,483,888, or AED 1,291 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 115,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 24,500 a year (AED 21.29 per sqft).
  • Two-beds in Harbour Gate Tower 1 sold for AED 2,480,000–3,100,000 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 1 November 2024.

Questions about 1309, Harbour Gate Tower 1

What did unit 1309 last sell for?

AED 1,483,888 on 7 May 2018, sold by the developer: AED 1,291 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 1309?

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

How big is unit 1309?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 13th floor of a 37-storey tower completed in 2022.

What is unit 1309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Harbour Gate Tower 1 sold for AED 2,480,000 to 3,100,000 in the last 12 months, around AED 2,295 per sqft.

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Mortgage on 1309, Harbour Gate Tower 1

Starts from the last sale price (AED 1.48M, 7 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,483,888
Deposit, UAE resident (20%)
AED 296,778
Deposit, non-resident (40%)
AED 593,555
Monthly over 25 years at 3.7%
AED 6,071

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