1-bed · 683 sqftHarbour Gate Tower 1, Dubai Creek Harbour · 5th floor · completed 2022

507, Harbour Gate Tower 1

Sold prices and rental history: sold 4 times, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 1.5M24 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Harbour Gate Tower 1

What is 507 worth today?

Last sold for AED 1,500,000 in 2024

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24 Oct 2024SoldReady
AED 1,500,000AED 2,197 per sqft
21 Mar 2024SoldReady
AED 1,490,000AED 2,182 per sqft
17 Jun 2019SoldOff-plan
AED 700,000AED 1,025 per sqft
16 Apr 2018Sold by developerOff-plan
AED 964,888AED 1,413 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
1-bed apartment
Size
683 sqft
Floor
5th of 37
Parking
P-066
Developer
Emaar
Completed
2022
Service charge
AED 14,500 /yr
Last sold
AED 1.5M · October 2024

About 507, Harbour Gate Tower 1

507 is a one-bedroom apartment of 683 sqft on the 5th floor of Harbour Gate Tower 1, a 37-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 24 October 2024 for AED 1,500,000, or AED 2,197 per sqft, 9% above the AED 2,013 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, 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, April 2018: AED 964,888 (AED 1,413 per sqft)Sold, June 2019: AED 700,000 (AED 1,025 per sqft)Sold, March 2024: AED 1,490,000 (AED 2,182 per sqft)Sold, October 2024: AED 1,500,000 (AED 2,197 per sqft)

507 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, 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 90,000

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 507 sits

All 75 1-beds →

507 last sold in October 2024 at AED 2,197 per sqft, 9% above what one-beds in Harbour Gate Tower 1 were fetching at the time (AED 2,013). 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.

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 5th floor

All 262 units in Harbour Gate Tower 1
Value
5013-bedAED 2.7M · Nov 2021
5021-bedAED 1.2M · Jul 2019
5042-bedAED 1.91M · Sep 2017
5051-bedAED 1.5M · Dec 2023
5061-bedAED 962K · Apr 2017
5082-bedAED 1.42M · Apr 2017
5092-bedAED 1.46M · Apr 2018

507, Harbour Gate Tower 1 in numbers

  • Sold 4 times: first on 16 April 2018 for AED 964,888, last on 24 October 2024 for AED 1,500,000 (AED 2,197 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 October 2024.

Questions about 507, Harbour Gate Tower 1

What did unit 507 last sell for?

AED 1,500,000 on 24 October 2024: AED 2,197 per sqft for 683 sqft. The unit has 4 registered sales; the first was AED 964,888 in April 2018.

How big is unit 507?

683 sqft (63.5 sqm): a one-bedroom apartment on the 5th floor of a 37-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. 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 507, Harbour Gate Tower 1

Starts from the last sale price (AED 1.5M, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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