2-bed · 993 sqftSurf at Creek Beach Building 1, Dubai Creek Harbour · 5th floor · completed 2023

505, Surf at Creek Beach Building 1

Sold prices and rental history: sold twice, last in June 2023, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 2M5 June 2023
Current rentAED 116K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Surf at Creek Beach Building 1

What is 505 worth today?

Last sold for AED 2,000,000 in 2023

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15 Dec 2024RentedRenewal
AED 115,500/yr12 months · AED 117 per sqft
5 Jun 2023SoldReady
AED 2,000,000AED 2,014 per sqft
26 Nov 2020Sold by developerOff-plan
AED 1,321,888AED 1,339 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
2-bed apartment
Size
993 sqft
Floor
5th of 7
Parking
G-1BS-019
Developer
Dubai Creek Harbour
Completed
2023
Last sold
AED 2M · June 2023

About 505, Surf at Creek Beach Building 1

505 is a two-bedroom apartment of 993 sqft on the 5th floor of Surf at Creek Beach Building 1, a 7-storey tower in Dubai Creek Harbour completed in 2023 by Dubai Creek Harbour . It last sold on 5 June 2023 for AED 2,000,000, or AED 2,014 per sqft, 28% above the AED 1,572 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2024. The current contract, renewed on 15 December 2024, is AED 115,500 a year: a gross yield of 5.8% on the 2023 price.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Surf at Creek Beach Building 1
1.5M2M201920212023Typical sale price by year: 2019 AED 1,373,888; 2020 AED 1,320,888; 2022 AED 1,551,444; 2023 AED 2,000,000Sold by developer, November 2020: AED 1,321,888 (AED 1,339 per sqft)Sold, June 2023: AED 2,000,000 (AED 2,014 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Surf at Creek Beach Building 1
120K130K2024202520262027Typical rent by year: 2024 AED 120,375; 2025 AED 134,000; 2026 AED 134,599Renewal, December 2024: AED 115,500 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 Surf at Creek Beach Building 1, and where 505 sits

All 14 2-beds →

505 last sold in June 2023 at AED 2,014 per sqft, 28% above what two-beds in Surf at Creek Beach Building 1 were fetching at the time (AED 1,572). Over the last 12 months two-beds sold for AED 2,000,000 to 2,400,000, around AED 2,209 per sqft, and rent for AED 120,000 to 164,000 a year. 505's AED 115,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Apr 20262,400,000
19 Nov 20252,000,000
26 Dec 20242,000,000
5 Jul 20242,530,000
2 2-bed sales in the last 12 months

Surf at Creek Beach Building 1

Building

75 apartments, 1-bed to 3-bed over 7 floors in Dubai Creek Harbour, completed in 2023 by Dubai Creek Harbour . 4 sold in the last 12 months.

Typical price per sqft
AED 2,044
Typical sale
AED 2.2M
Typical rent
AED 95K /yr
Typical yield
6.2%
Surf at Creek Beach Building 1, Dubai Creek Harbour: prices, sales and rents →
Value
5013-bedAED 2.37M · Dec 2021
5021-bedAED 941K · Aug 2022
5031-bedAED 943K · Jun 2020
5041-bedAED 1.43M · Oct 2023
5062-bedAED 1.33M · Aug 2022
5071-bedAED 993K · Dec 2019
5083-bedAED 3.16M · Nov 2026
1–7 of 10

505, Surf at Creek Beach Building 1 in numbers

  • Sold twice: first on 26 November 2020 for AED 1,321,888, last on 5 June 2023 for AED 2,000,000 (AED 2,014 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2023 price is 5.8%.
  • Two-beds in Surf at Creek Beach Building 1 sold for AED 2,000,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,044 per sqft.

Source: Dubai Land Department. Updated 15 December 2024.

Questions about 505, Surf at Creek Beach Building 1

What did unit 505 last sell for?

AED 2,000,000 on 5 June 2023: AED 2,014 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 1,321,888 in November 2020.

What is the rent for unit 505?

AED 115,500 a year on the contract renewed on 15 December 2024.

How big is unit 505?

993 sqft (92.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2023.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Surf at Creek Beach Building 1 sold for AED 2,000,000 to 2,400,000 in the last 12 months, around AED 2,209 per sqft.

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Mortgage on 505, Surf at Creek Beach Building 1

Starts from the last sale price (AED 2M, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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