1-bed · 348 sqftHarbour Gate Tower 2, Dubai Creek Harbour · 12th floor · completed 2022

1202, Harbour Gate Tower 2

Sold prices and rental history: sold once, by the developer in July 2017, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 1.21M20 July 2017
Current rentAED 75K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Harbour Gate Tower 2

What is 1202 worth today?

Last sold for AED 1,211,888 in 2017

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15 Nov 2022RentedNew contract
AED 75,000/yr12 months · AED 109 per sqft
20 Jul 2017Sold by developerOff-plan
AED 1,211,888AED 1,772 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
1-bed apartment
Size
348 sqft
Floor
12th of 31
Parking
P-056
Developer
Emaar
Completed
2022
Last sold
AED 1.21M · July 2017

About 1202, Harbour Gate Tower 2

1202 is a one-bedroom apartment of 348 sqft on the 12th 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 1,211,888, or AED 1,772 per sqft, 23% above the AED 1,444 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2022. The current contract, signed on 15 November 2022, is AED 75,000 a year: a gross yield of 6.2% on the 2017 price.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical one-bed in Harbour Gate Tower 2
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,192,388; 2018 AED 941,388; 2019 AED 1,223,888; 2020 AED 1,262,888; 2022 AED 1,190,000; 2023 AED 1,315,000; 2024 AED 1,520,000; 2025 AED 1,588,000Sold by developer, July 2017: AED 1,211,888 (AED 1,772 per sqft)

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, each contractTypical one-bed in Harbour Gate Tower 2
80K90K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 79,261; 2024 AED 85,000; 2025 AED 88,000; 2026 AED 90,000New contract, November 2022: AED 75,000 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 2, and where 1202 sits

All 69 1-beds →

1202 last sold in July 2017 at AED 1,772 per sqft, 23% above what one-beds in Harbour Gate Tower 2 were fetching at the time (AED 1,444). Over the last 12 months one-beds sold for AED 1,650,000 to 1,850,000, around AED 2,300 per sqft, and rent for AED 76,000 to 125,000 a year. 1202's AED 75,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Apr 20261,650,000
3 Feb 20261,850,000
29 Oct 20251,530,000
15 Oct 20252,000,000
2 1-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 12th floor

All 224 units in Harbour Gate Tower 2
Value
12013-bedAED 3.6M · Sep 2025
12033-bedAED 3.16M · Sep 2022
12042-bedAED 1.72M · Jul 2017
12051-bedAED 1.24M · Jul 2017
12061-bedAED 1.6M · Jul 2025
12071-bedAED 950K · Oct 2017
12082-bedAED 1.44M · Jul 2017
1–7 of 8

1202, Harbour Gate Tower 2 in numbers

  • Sold once: by Emaar on 20 July 2017 for AED 1,211,888, or AED 1,772 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 6.2%.
  • One-beds in Harbour Gate Tower 2 sold for AED 1,650,000–1,850,000 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 15 November 2022.

Questions about 1202, Harbour Gate Tower 2

What did unit 1202 last sell for?

AED 1,211,888 on 20 July 2017, sold by the developer: AED 1,772 per sqft for 348 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 75,000 a year on the contract signed on 15 November 2022.

How big is unit 1202?

348 sqft (32.3 sqm): a one-bedroom apartment on the 12th floor of a 31-storey tower completed in 2022.

What is unit 1202 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 2 sold for AED 1,650,000 to 1,850,000 in the last 12 months, around AED 2,300 per sqft.

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Mortgage on 1202, Harbour Gate Tower 2

Starts from the last sale price (AED 1.21M, 20 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,211,888
Deposit, UAE resident (20%)
AED 242,378
Deposit, non-resident (40%)
AED 484,755
Monthly over 25 years at 3.7%
AED 4,958

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