2-bed · 1,382 sqftAddress Harbour Point Tower 2, Dubai Creek Harbour · Ground floor · completed 2023

M08, Address Harbour Point Tower 2

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

Unit M08 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 4.5M23 May 2024
Current rentAED 260K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M08, Address Harbour Point Tower 2

What is M08 worth today?

Last sold for AED 4,500,000 in 2024

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15 Aug 2024RentedNew contract
AED 260,000/yr6 months · AED 188 per sqft
23 May 2024SoldReady
AED 4,500,000AED 3,256 per sqft
7 Feb 2022Sold by developerOff-plan
AED 3,160,888AED 2,287 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
2-bed hotel apartment
Size
1,382 sqft
Floor
Ground of 65
Parking
G-T2-616
Developer
Emaar
Completed
2023
Last sold
AED 4.5M · May 2024

About M08, Address Harbour Point Tower 2

M08 is a two-bedroom hotel apartment of 1,382 sqft on the ground floor of Address Harbour Point Tower 2, a 65-storey tower in Dubai Creek Harbour completed in 2023 by Emaar. It last sold on 23 May 2024 for AED 4,500,000, or AED 3,256 per sqft, in line with the AED 3,175 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, signed on 15 August 2024, is AED 260,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for M08 over time

Sales
Unit M08, each saleTypical two-bed in Address Harbour Point Tower 2
3M4M2017202020232026Typical sale price by year: 2017 AED 2,737,888; 2018 AED 2,765,388; 2019 AED 2,721,888; 2020 AED 2,716,888; 2021 AED 3,129,888; 2022 AED 2,909,888; 2023 AED 3,340,000; 2024 AED 3,913,325; 2025 AED 3,973,394; 2026 AED 4,100,000Sold by developer, February 2022: AED 3,160,888 (AED 2,287 per sqft)Sold, May 2024: AED 4,500,000 (AED 3,256 per sqft)

M08 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit M08, each contractTypical two-bed in Address Harbour Point Tower 2
200K225K250K2024202520262027Typical rent by year: 2024 AED 207,500; 2025 AED 220,000; 2026 AED 225,000New contract, August 2024: AED 260,000 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 Address Harbour Point Tower 2, and where M08 sits

All 232 2-beds →

M08 last sold in May 2024 at AED 3,256 per sqft, in line with what two-beds in Address Harbour Point Tower 2 were fetching at the time (AED 3,175). Over the last 12 months two-beds sold for AED 3,380,000 to 4,575,000, around AED 3,171 per sqft, and rent for AED 194,256 to 285,000 a year. M08's AED 260,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20264,050,000
16 Feb 20263,380,000
16 Feb 20264,100,000
3 Feb 20264,100,000
11 2-bed sales in the last 12 months

Address Harbour Point Tower 2

Building

529 apartments, 1-bed to 4-bed over 65 floors in Dubai Creek Harbour, completed in 2023 by Emaar. 20 sold in the last 12 months.

Typical price per sqft
AED 3,618 Up 6.1%
Typical sale
AED 4.08M
Typical rent
AED 213K /yr
Typical yield
5.6%
Address Harbour Point Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the ground floor

All 529 units in Address Harbour Point Tower 2
Value
G011-bedAED 1.91M · Feb 2020
G021-bedAED 1.92M · Jan 2020
G032-bedAED 3.41M · Jan 2022
G04AED 3.16M · Apr 2022
G051-bedAED 2.05M · Feb 2020
G061-bedAED 2.2M · Feb 2022
G071-bedAED 2.04M · Nov 2017
1–7 of 19

M08, Address Harbour Point Tower 2 in numbers

  • Sold twice: first on 7 February 2022 for AED 3,160,888, last on 23 May 2024 for AED 4,500,000 (AED 3,256 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2024 price is 5.8%.
  • Two-beds in Address Harbour Point Tower 2 sold for AED 3,380,000–4,575,000 in the 12 months to November 2026; the building's median across all types is AED 3,618 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Questions about M08, Address Harbour Point Tower 2

What did unit M08 last sell for?

AED 4,500,000 on 23 May 2024: AED 3,256 per sqft for 1,382 sqft. The unit has 2 registered sales; the first was AED 3,160,888 in February 2022.

What is the rent for unit M08?

AED 260,000 a year on the contract signed on 15 August 2024.

How big is unit M08?

1,382 sqft (128.4 sqm): a two-bedroom hotel apartment on the ground floor of a 65-storey tower completed in 2023.

What is unit M08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Address Harbour Point Tower 2 sold for AED 3,380,000 to 4,575,000 in the last 12 months, around AED 3,171 per sqft.

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Mortgage on M08, Address Harbour Point Tower 2

Starts from the last sale price (AED 4.5M, 23 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →