2-bed · 1,195 sqftPalace Residences Creek Blue Tower 1, Dubai Creek Harbour · 50th floor · completed 2029

5008, Palace Residences Creek Blue Tower 1

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5008 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 3.24M5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5008, Palace Residences Creek Blue Tower 1

What is 5008 worth today?

Last sold for AED 3,237,972 in 2024

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5 Dec 2024Sold by developerOff-plan
AED 3,237,972AED 2,710 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
50th of 50
Parking
1
Developer
Dubai Creek Harbour
Completed
2029
Last sold
AED 3.24M · December 2024

About 5008, Palace Residences Creek Blue Tower 1

5008 is a two-bedroom apartment of 1,195 sqft on the 50th floor of Palace Residences Creek Blue Tower 1, a 50-storey tower in Dubai Creek Harbour completed in 2029 by Dubai Creek Harbour . The developer sold it on 5 December 2024 for AED 3,237,972, or AED 2,710 per sqft, 18% below the AED 3,323 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5008 over time

Sales
Unit 5008, each saleTypical two-bed in Palace Residences Creek Blue Tower 1
3.5M2024202520262027Typical sale price by year: 2024 AED 3,878,888; 2026 AED 3,784,888Sold by developer, December 2024: AED 3,237,972 (AED 2,710 per sqft)

5008 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Palace Residences Creek Blue Tower 1, and where 5008 sits

All 198 2-beds →

5008 last sold in December 2024 at AED 2,710 per sqft, 18% below what two-beds in Palace Residences Creek Blue Tower 1 were fetching at the time (AED 3,323). Over the last 12 months two-beds sold for AED 3,609,888 to 4,076,888, around AED 3,269 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20263,959,888
8 May 20264,076,888
9 Apr 20263,609,888
18 Feb 20263,609,888
5 2-bed sales in the last 12 months

Palace Residences Creek Blue Tower 1

Building

491 apartments, 1-bed to 3-bed over 50 floors in Dubai Creek Harbour, completed in 2029 by Dubai Creek Harbour . 12 sold in the last 12 months.

Typical price per sqft
AED 2,750 Down 0.5%
Typical sale
AED 2.38M
Typical rent
AED 85K /yr
Typical yield
4.2%
Palace Residences Creek Blue Tower 1, Dubai Creek Harbour: prices, sales and rents →
Value
50012-bedAED 3.93M · Dec 2024
50022-bedAED 4.03M · Dec 2024
50031-bedAED 2.08M · Dec 2024
50041-bedAED 2.42M · Dec 2024
50051-bedAED 2.04M · Dec 2024
50061-bedAED 1.97M · Dec 2024
50071-bedAED 1.98M · Dec 2024
1–7 of 9

5008, Palace Residences Creek Blue Tower 1 in numbers

  • Sold once: by Dubai Creek Harbour on 5 December 2024 for AED 3,237,972, or AED 2,710 per sqft.
  • Two-beds in Palace Residences Creek Blue Tower 1 sold for AED 3,609,888–4,076,888 in the 12 months to November 2026; the building's median across all types is AED 2,750 per sqft.

Source: Dubai Land Department. Updated 5 December 2024.

Questions about 5008, Palace Residences Creek Blue Tower 1

What did unit 5008 last sell for?

AED 3,237,972 on 5 December 2024, sold by the developer: AED 2,710 per sqft for 1,195 sqft. It is the only registered sale of the unit.

How big is unit 5008?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 50th floor of a 50-storey tower completed in 2029.

What is unit 5008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palace Residences Creek Blue Tower 1 sold for AED 3,609,888 to 4,076,888 in the last 12 months, around AED 3,269 per sqft.

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Mortgage on 5008, Palace Residences Creek Blue Tower 1

Starts from the last sale price (AED 3.24M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,237,972
Deposit, UAE resident (20%)
AED 647,594
Deposit, non-resident (40%)
AED 1,295,189
Monthly over 25 years at 3.7%
AED 13,248

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