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2-bed · 1,042 sqftCreek Gate Tower 1, Dubai Creek Harbour · 2nd floor · completed 2021

205, Creek Gate Tower 1

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

Unit 205 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 1.57M24 January 2023
Current rentAED 105K /yr30 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Creek Gate Tower 1

What is 205 worth today?

Last sold for AED 1,570,000 in 2023

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30 May 2023RentedNew contract
AED 105,000/yr12 months · AED 102 per sqft
24 Jan 2023SoldReady
AED 1,570,000AED 1,506 per sqft
10 Dec 2019Sold by developerOff-plan
AED 1,934,888AED 1,856 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 May 2023.

Key facts

Type
2-bed apartment
Size
1,042 sqft
Floor
2nd of 35
Parking
B1-124
Developer
Emaar
Completed
2021
Service charge
AED 15,600 /yr
Last sold
AED 1.57M · January 2023
Building
Creek Gate Tower 1

About 205, Creek Gate Tower 1

205 is a two-bedroom apartment of 1,042 sqft on the 2nd floor of Creek Gate Tower 1, a 35-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 24 January 2023 for AED 1,570,000, or AED 1,506 per sqft, 16% below the AED 1,794 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 May 2023. The current contract, signed on 30 May 2023, is AED 105,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Creek Gate Tower 1
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,574,388; 2018 AED 1,859,888; 2019 AED 1,935,888; 2020 AED 1,970,888; 2021 AED 1,966,888; 2022 AED 2,000,000; 2023 AED 2,125,000; 2024 AED 2,325,000; 2025 AED 2,525,000Sold by developer, December 2019: AED 1,934,888 (AED 1,856 per sqft)Sold, January 2023: AED 1,570,000 (AED 1,506 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in Creek Gate Tower 1
100K125K150K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 130,000; 2026 AED 142,000New contract, May 2023: AED 105,000 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 Creek Gate Tower 1, and where 205 sits

All 126 2-beds →

205 last sold in January 2023 at AED 1,506 per sqft, 16% below what two-beds in Creek Gate Tower 1 were fetching at the time (AED 1,794). Over the last 12 months two-beds sold for AED 2,225,000 to 2,500,000, around AED 2,260 per sqft, and rent for AED 125,000 to 190,000 a year. 205's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 20252,430,000
28 Jul 20252,295,000
25 Apr 20252,180,000
22 Apr 20253,100,000
2 2-bed sales in the last 12 months

Creek Gate Tower 1

Building

267 apartments, 1-bed to 4-bed over 35 floors in Dubai Creek Harbour, completed in 2021 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,175
Typical sale
AED 2.5M
Typical rent
AED 140K /yr
Typical yield
6.2%
Creek Gate Tower 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 2nd floor

All 267 units in Creek Gate Tower 1
Value
2011-bedAED 1.06M · Oct 2019
202AED 2.23M · Oct 2025
2042-bedAED 2.25M · Aug 2024
2063-bedAED 3.9M · Nov 2023
2072-bedAED 2.25M · Nov 2023
2081-bedAED 1.25M · Jun 2023

205, Creek Gate Tower 1 in numbers

  • Sold twice: first on 10 December 2019 for AED 1,934,888, last on 24 January 2023 for AED 1,570,000 (AED 1,506 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 15,600 a year (AED 15.00 per sqft).
  • Two-beds in Creek Gate Tower 1 sold for AED 2,225,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,175 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 30 May 2023.

Questions about 205, Creek Gate Tower 1

What did unit 205 last sell for?

AED 1,570,000 on 24 January 2023: AED 1,506 per sqft for 1,042 sqft. The unit has 2 registered sales; the first was AED 1,934,888 in December 2019.

What is the rent for unit 205?

AED 105,000 a year on the contract signed on 30 May 2023.

How big is unit 205?

1,042 sqft (96.8 sqm): a two-bedroom apartment on the 2nd floor of a 35-storey tower completed in 2021.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Creek Gate Tower 1 sold for AED 2,225,000 to 2,500,000 in the last 12 months, around AED 2,260 per sqft.

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Mortgage on 205, Creek Gate Tower 1

Starts from the last sale price (AED 1.57M, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

Plus AED 70,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →