1-bed · 729 sqftHarbour Views T2, Dubai Creek Harbour · 15th floor · completed 2020

1508, Harbour Views T2

Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 25 November 2023
Last soldAED 1.01M8 June 2016
Current rentAED 85K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Harbour Views T2

What is 1508 worth today?

Last sold for AED 1,014,888 in 2016

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25 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft
10 Nov 2021RentedNew contract
AED 50,000/yr24 months · AED 67 per sqft
8 Jun 2016Sold by developerOff-plan
AED 1,014,888AED 1,391 per sqft

Source: Dubai Land Department. Updated 25 November 2023.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
15th of 50
Parking
B1-06
Developer
Emaar
Completed
2020
Service charge
AED 13,800 /yr
Last sold
AED 1.01M · June 2016

About 1508, Harbour Views T2

1508 is a one-bedroom apartment of 729 sqft on the 15th floor of Harbour Views T2, a 50-storey tower in Dubai Creek Harbour completed in 2020 by Emaar. The developer sold it on 8 June 2016 for AED 1,014,888, or AED 1,391 per sqft, in line with the AED 1,404 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 November 2023, is AED 85,000 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 13,800 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical one-bed in Harbour Views T2
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,006,888; 2019 AED 1,188,888; 2020 AED 1,116,888; 2021 AED 875,000; 2022 AED 1,050,000; 2023 AED 1,250,000; 2024 AED 1,650,000; 2025 AED 1,700,000; 2026 AED 1,700,000Sold by developer, June 2016: AED 1,014,888 (AED 1,391 per sqft)

1508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1508, each contractTypical one-bed in Harbour Views T2
60K80K2021202320252027Typical rent by year: 2021 AED 50,000; 2022 AED 57,750; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 90,000New contract, November 2021: AED 50,000 a yearNew contract, November 2023: AED 85,000 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 Views T2, and where 1508 sits

All 126 1-beds →

1508 last sold in June 2016 at AED 1,391 per sqft, in line with what one-beds in Harbour Views T2 were fetching at the time (AED 1,404). Over the last 12 months one-beds sold for AED 1,500,000 to 1,780,000, around AED 2,397 per sqft, and rent for AED 70,000 to 130,000 a year. 1508's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,560,000
11 May 20261,500,000
16 Apr 20261,750,000
9 Apr 20261,700,000
7 1-bed sales in the last 12 months

Harbour Views T2

Building

372 apartments, 1-bed to 4-bed over 50 floors in Dubai Creek Harbour, completed in 2020 by Emaar. 23 sold in the last 12 months.

Typical price per sqft
AED 2,397 Up 7.2%
Typical sale
AED 2.75M
Typical rent
AED 132K /yr
Typical yield
5.1%
Harbour Views T2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 15th floor

All 372 units in Harbour Views T2
Value
15012-bedAED 2.4M · Jun 2024
15021-bedAED 977K · Jun 2016
15032-bedAED 2.2M · Jul 2016
15043-bedAED 3.19M · Aug 2017
15052-bedAED 1.95M · Mar 2022
15061-bedAED 977K · Jun 2016
15072-bedAED 1.56M · Jun 2016
1–7 of 8

1508, Harbour Views T2 in numbers

  • Sold once: by Emaar on 8 June 2016 for AED 1,014,888, or AED 1,391 per sqft.
  • Rented since November 2021 on 2 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 8.4%, before a service charge of about AED 13,800 a year (AED 18.93 per sqft).
  • One-beds in Harbour Views T2 sold for AED 1,500,000–1,780,000 in the 12 months to November 2026; the building's median across all types is AED 2,397 per sqft.

Source: Dubai Land Department. Updated 25 November 2023.

Questions about 1508, Harbour Views T2

What did unit 1508 last sell for?

AED 1,014,888 on 8 June 2016, sold by the developer: AED 1,391 per sqft for 729 sqft. It is the only registered sale of the unit.

What is the rent for unit 1508?

AED 85,000 a year on the contract signed on 25 November 2023. The previous contract, from November 2021, was AED 50,000.

How big is unit 1508?

729 sqft (67.7 sqm): a one-bedroom apartment on the 15th floor of a 50-storey tower completed in 2020.

What is unit 1508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Harbour Views T2 sold for AED 1,500,000 to 1,780,000 in the last 12 months, around AED 2,397 per sqft.

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Mortgage on 1508, Harbour Views T2

Starts from the last sale price (AED 1.01M, 8 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,014,888
Deposit, UAE resident (20%)
AED 202,978
Deposit, non-resident (40%)
AED 405,955
Monthly over 25 years at 3.7%
AED 4,152

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