2-bed · 1,149 sqftHarbour Gate Tower 2, Dubai Creek Harbour · 16th floor · completed 2022

1604, Harbour Gate Tower 2

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

Unit 1604 · DLD and Ejari recordsUpdated 27 March 2023
Last soldAED 1.74M18 July 2017
Current rentAED 150K /yr27 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Harbour Gate Tower 2

What is 1604 worth today?

Last sold for AED 1,736,888 in 2017

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27 Mar 2023RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
18 Jul 2017Sold by developerOff-plan
AED 1,736,888AED 1,512 per sqft

Source: Dubai Land Department. Updated 27 March 2023.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
16th of 31
Parking
B1-195
Developer
Emaar
Completed
2022
Last sold
AED 1.74M · July 2017

About 1604, Harbour Gate Tower 2

1604 is a two-bedroom apartment of 1,149 sqft on the 16th floor of Harbour Gate Tower 2, a 31-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 18 July 2017 for AED 1,736,888, or AED 1,512 per sqft, 14% above the AED 1,325 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 March 2023. The current contract, signed on 27 March 2023, is AED 150,000 a year: a gross yield of 8.6% on the 2017 price.

Sales and rents for 1604 over time

Sales
Unit 1604, 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 1,736,888 (AED 1,512 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, 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, March 2023: AED 150,000 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 1604 sits

All 97 2-beds →

1604 last sold in July 2017 at AED 1,512 per sqft, 14% above what two-beds in Harbour Gate Tower 2 were fetching at the time (AED 1,325). 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. 1604's AED 150,000 is in the upper 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 16th floor

All 224 units in Harbour Gate Tower 2
Value
16013-bedAED 2.64M · Sep 2021
16021-bedAED 1.52M · Nov 2024
16033-bedAED 2.95M · Aug 2023
16052-bedAED 1.69M · Apr 2018
16062-bedAED 2M · Dec 2022
16072-bedAED 2.3M · Jun 2023
16082-bedAED 2.38M · May 2024

1604, Harbour Gate Tower 2 in numbers

  • Sold once: by Emaar on 18 July 2017 for AED 1,736,888, or AED 1,512 per sqft.
  • Rented since March 2023 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 8.6%.
  • 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 27 March 2023.

Questions about 1604, Harbour Gate Tower 2

What did unit 1604 last sell for?

AED 1,736,888 on 18 July 2017, sold by the developer: AED 1,512 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 150,000 a year on the contract signed on 27 March 2023.

How big is unit 1604?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 16th floor of a 31-storey tower completed in 2022.

What is unit 1604 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 1604, Harbour Gate Tower 2

Starts from the last sale price (AED 1.74M, 18 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,736,888
Deposit, UAE resident (20%)
AED 347,378
Deposit, non-resident (40%)
AED 694,755
Monthly over 25 years at 3.7%
AED 7,106

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