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

109, Harbour Gate Tower 2

Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 1.45M20 July 2017
Current rentAED 115K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Harbour Gate Tower 2

What is 109 worth today?

Last sold for AED 1,450,888 in 2017

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5 Feb 2024RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft
5 Feb 2023RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
5 Jan 2023RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft
20 Jul 2017Sold by developerOff-plan
AED 1,450,888AED 1,262 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
1st of 31
Parking
B2-220
Developer
Emaar
Completed
2022
Last sold
AED 1.45M · July 2017

About 109, Harbour Gate Tower 2

109 is a two-bedroom apartment of 1,149 sqft on the 1st floor of Harbour Gate Tower 2, a 31-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 20 July 2017 for AED 1,450,888, or AED 1,262 per sqft, in line with the AED 1,295 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 5 February 2024, is AED 115,000 a year: a gross yield of 7.9% on the 2017 price.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical two-bed in Harbour Gate Tower 2
2M2017202020232026Typical sale price by year: 2017 AED 1,497,888; 2018 AED 1,457,388; 2019 AED 1,618,888; 2020 AED 1,544,888; 2021 AED 1,943,888; 2022 AED 1,860,000; 2023 AED 2,200,000; 2024 AED 2,427,500; 2025 AED 2,650,000; 2026 AED 2,425,000Sold by developer, July 2017: AED 1,450,888 (AED 1,262 per sqft)

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

Rents
Unit 109, each contractTypical two-bed in Harbour Gate Tower 2
120K140K202220242026Typical rent by year: 2022 AED 119,668; 2023 AED 120,000; 2024 AED 130,625; 2025 AED 140,000; 2026 AED 130,000New contract, January 2023: AED 115,000 a yearNew contract, February 2023: AED 115,000 a yearRenewal, February 2024: AED 115,000 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 2, and where 109 sits

All 97 2-beds →

109 last sold in July 2017 at AED 1,262 per sqft, in line with what two-beds in Harbour Gate Tower 2 were fetching at the time (AED 1,295). Over the last 12 months two-beds sold for AED 1,748,888 to 2,750,000, around AED 2,142 per sqft, and rent for AED 105,000 to 171,000 a year. 109's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20262,400,000
27 Aug 20262,310,000
2 Jul 20262,400,000
17 Jun 20262,600,000
8 2-bed sales in the last 12 months

Harbour Gate Tower 2

Building

224 apartments, 1-bed to 4-bed over 31 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 16 sold in the last 12 months.

Typical price per sqft
AED 2,182 Down 3.4%
Typical sale
AED 2.59M
Typical rent
AED 130K /yr
Typical yield
5.6%
Harbour Gate Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 1st floor

All 224 units in Harbour Gate Tower 2
Value
1033-bedAED 2.48M · Jul 2017
1042-bedAED 1.69M · Jul 2017
1051-bedAED 1.21M · Sep 2017
1061-bedAED 922K · Jul 2017
1071-bedAED 1.2M · May 2023
1082-bedAED 2.4M · Mar 2024

109, Harbour Gate Tower 2 in numbers

  • Sold once: by Emaar on 20 July 2017 for AED 1,450,888, or AED 1,262 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 7.9%.
  • Two-beds in Harbour Gate Tower 2 sold for AED 1,748,888–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,182 per sqft.

Source: Dubai Land Department. Updated 5 February 2024.

Questions about 109, Harbour Gate Tower 2

What did unit 109 last sell for?

AED 1,450,888 on 20 July 2017, sold by the developer: AED 1,262 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 115,000 a year on the contract renewed on 5 February 2024. The previous contract, from February 2023, was AED 115,000; the unit has been rented since January 2023.

How big is unit 109?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 1st floor of a 31-storey tower completed in 2022.

What is unit 109 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 2 sold for AED 1,748,888 to 2,750,000 in the last 12 months, around AED 2,142 per sqft.

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Mortgage on 109, Harbour Gate Tower 2

Starts from the last sale price (AED 1.45M, 20 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,888
Deposit, UAE resident (20%)
AED 290,178
Deposit, non-resident (40%)
AED 580,355
Monthly over 25 years at 3.7%
AED 5,936

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