2-bed · 1,200 sqftHarbour Views T2, Dubai Creek Harbour · 5th floor · completed 2020

501, Harbour Views T2

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

Unit 501 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.54M20 July 2016
Current rentAED 75K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Harbour Views T2

What is 501 worth today?

Last sold for AED 1,541,888 in 2016

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1 Sep 2024RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
1 Sep 2023RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
1 Sep 2022RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
1 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
20 Jul 2016Sold by developerOff-plan
AED 1,541,888AED 1,284 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
5th of 50
Parking
L1-72
Developer
Emaar
Completed
2020
Service charge
AED 22,700 /yr
Last sold
AED 1.54M · July 2016

About 501, Harbour Views T2

501 is a two-bedroom apartment of 1,200 sqft on the 5th floor of Harbour Views T2, a 50-storey tower in Dubai Creek Harbour completed in 2020 by Emaar. The developer sold it on 20 July 2016 for AED 1,541,888, or AED 1,284 per sqft, 9% below the AED 1,407 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 75,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 22,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Harbour Views T2
2M3M2016201920222025Typical sale price by year: 2016 AED 1,649,388; 2017 AED 2,199,888; 2019 AED 1,827,888; 2020 AED 1,854,388; 2021 AED 1,930,000; 2022 AED 1,971,888; 2023 AED 2,050,000; 2024 AED 2,500,000; 2025 AED 2,575,000; 2026 AED 2,825,000Sold by developer, July 2016: AED 1,541,888 (AED 1,284 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Harbour Views T2
100K150K2021202320252027Typical rent by year: 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 135,000; 2025 AED 150,000; 2026 AED 142,500New contract, September 2021: AED 70,000 a yearRenewal, September 2022: AED 75,000 a yearRenewal, September 2023: AED 75,000 a yearRenewal, September 2024: AED 75,000 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 Views T2, and where 501 sits

All 170 2-beds →

501 last sold in July 2016 at AED 1,284 per sqft, 9% below what two-beds in Harbour Views T2 were fetching at the time (AED 1,407). Over the last 12 months two-beds sold for AED 2,550,000 to 3,650,000, around AED 2,386 per sqft, and rent for AED 60,000 to 205,000 a year. 501's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,550,000
14 Jul 20263,100,000
18 May 20262,900,000
13 Mar 20262,750,000
8 2-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 5th floor

All 372 units in Harbour Views T2
Value
5021-bedAED 958K · Jul 2016
5032-bedAED 1.85M · Feb 2017
5043-bedAED 3.75M · Jul 2026
5052-bedAED 1.64M · Apr 2021
5061-bedAED 1.12M · Oct 2020
5072-bedAED 1.53M · Feb 2017
5081-bedAED 995K · Jun 2016
1–7 of 8

501, Harbour Views T2 in numbers

  • Sold once: by Emaar on 20 July 2016 for AED 1,541,888, or AED 1,284 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 70,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 22,700 a year (AED 18.93 per sqft).
  • Two-beds in Harbour Views T2 sold for AED 2,550,000–3,650,000 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 1 September 2024.

Questions about 501, Harbour Views T2

What did unit 501 last sell for?

AED 1,541,888 on 20 July 2016, sold by the developer: AED 1,284 per sqft for 1,200 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 75,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 75,000; the unit has been rented since September 2021.

How big is unit 501?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 5th floor of a 50-storey tower completed in 2020.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Harbour Views T2 sold for AED 2,550,000 to 3,650,000 in the last 12 months, around AED 2,386 per sqft.

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Mortgage on 501, Harbour Views T2

Starts from the last sale price (AED 1.54M, 20 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,541,888
Deposit, UAE resident (20%)
AED 308,378
Deposit, non-resident (40%)
AED 616,755
Monthly over 25 years at 3.7%
AED 6,308

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