2-bed · 1,149 sqftHarbour Gate Tower 1, Dubai Creek Harbour · 7th floor · completed 2022

704, Harbour Gate Tower 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 2.45M30 October 2024
Current rentAED 100K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Harbour Gate Tower 1

What is 704 worth today?

Last sold for AED 2,450,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Oct 2024SoldReady
AED 2,450,000AED 2,132 per sqft
25 Apr 2024SoldReady
AED 2,050,000AED 1,784 per sqft
1 Jan 2024RentedRenewal
AED 99,999/yr10 months · AED 87 per sqft
1 Jan 2023RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
3 Oct 2017Sold by developerOff-plan
AED 1,921,888AED 1,673 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
7th of 37
Parking
B1-161
Developer
Emaar
Completed
2022
Service charge
AED 24,500 /yr
Last sold
AED 2.45M · October 2024

About 704, Harbour Gate Tower 1

704 is a two-bedroom apartment of 1,149 sqft on the 7th floor of Harbour Gate Tower 1, a 37-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 30 October 2024 for AED 2,450,000, or AED 2,132 per sqft, in line with the AED 2,150 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 99,999 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 24,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, October 2017: AED 1,921,888 (AED 1,673 per sqft)Sold, April 2024: AED 2,050,000 (AED 1,784 per sqft)Sold, October 2024: AED 2,450,000 (AED 2,132 per sqft)

704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, each contractTypical two-bed in Harbour Gate Tower 1
100K120K140K202220242026Typical rent by year: 2022 AED 115,000; 2023 AED 120,750; 2024 AED 130,000; 2025 AED 137,691; 2026 AED 135,000New contract, January 2023: AED 100,000 a yearRenewal, January 2024: AED 99,999 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 704 sits

All 124 2-beds →

704 last sold in October 2024 at AED 2,132 per sqft, in line with what two-beds in Harbour Gate Tower 1 were fetching at the time (AED 2,150). 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. 704's AED 99,999 is at the bottom 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 7th floor

All 262 units in Harbour Gate Tower 1
Value
7013-bedAED 2.72M · Oct 2021
7021-bedAED 1.25M · Mar 2023
7051-bedAED 1.4M · Jul 2023
7061-bedAED 1.6M · Sep 2025
7071-bedAED 1.2M · Jan 2023
7082-bedAED 1.53M · Mar 2021
7092-bedAED 1.47M · Jul 2017

704, Harbour Gate Tower 1 in numbers

  • Sold 3 times: first on 3 October 2017 for AED 1,921,888, last on 30 October 2024 for AED 2,450,000 (AED 2,132 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 100,000 to AED 99,999 a year.
  • At AED 99,999 a year the gross yield on the 2024 price is 4.1%, 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 30 October 2024.

Questions about 704, Harbour Gate Tower 1

What did unit 704 last sell for?

AED 2,450,000 on 30 October 2024: AED 2,132 per sqft for 1,149 sqft. The unit has 3 registered sales; the first was AED 1,921,888 in October 2017.

What is the rent for unit 704?

AED 99,999 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 100,000.

How big is unit 704?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 7th floor of a 37-storey tower completed in 2022.

What is unit 704 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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Harbour Gate Tower 1

Starts from the last sale price (AED 2.45M, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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