601, Creek Gate Tower 1
Sold prices and rental history: sold 3 times, last in July 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Creek Gate Tower 1
What is 601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 720 sqft
- Floor
- 6th of 35
- Parking
- B2-182
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 10,800 /yr
- Last sold
- AED 950K · July 2022
- Building
- Creek Gate Tower 1
About 601, Creek Gate Tower 1
601 is a one-bedroom apartment of 720 sqft on the 6th floor of Creek Gate Tower 1, a 35-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. It last sold on 14 July 2022 for AED 950,000, or AED 1,319 per sqft, 20% below the AED 1,658 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 100,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 10,800 a year.
Sales and rents for 601 over time
601 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Creek Gate Tower 1, and where 601 sits
All 59 1-beds →601 last sold in July 2022 at AED 1,319 per sqft, 20% below what one-beds in Creek Gate Tower 1 were fetching at the time (AED 1,658). Over the last 12 months one-beds sold for AED 1,730,000, around AED 2,402 per sqft, and rent for AED 85,000 to 120,976 a year. 601's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Mar 202512 March 2025 | 720 sqft | 1,700,000 | 2,360 | ||
| 11 Mar 202511 March 2025 | 720 sqft | 1,700,000 | 2,360 | ||
| 21 Nov 202421 November 2024 | 720 sqft | 1,870,000 | 2,596 | ||
| 10 Oct 202410 October 2024 | 720 sqft | 1,550,000 | 2,152 |
Creek Gate Tower 1
Building267 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%
Other units on the 6th floor
All 267 units in Creek Gate Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,115 sqft | AED 1.51MAED 1,511,888 · Jan 2019January 2019 | 125,000 /yr | |
| 603 | 3-bed | 1,480 sqft | AED 3.76MAED 3,759,611 · Jul 2023July 2023 | 180,000 /yr | |
| 604 | 2-bed | 1,045 sqft | AED 1.84MAED 1,842,888 · Mar 2018March 2018 | 124,654 /yr | |
| 605 | 2-bed | 1,042 sqft | AED 1.85MAED 1,849,888 · Apr 2018April 2018 | 140,000 /yr | |
| 606 | 3-bed | 1,480 sqft | AED 3.16MAED 3,160,000 · Feb 2024February 2024 | 170,000 /yr | |
| 607 | 2-bed | 1,115 sqft | AED 1.57MAED 1,567,612 · Jun 2024June 2024 | 150,000 /yr | |
| 608 | 1-bed | 720 sqft | AED 1.01MAED 1,014,888 · Mar 2018March 2018 | 97,000 /yr |
601, Creek Gate Tower 1 in numbers
- Sold 3 times: first on 29 March 2017 for AED 1,014,888, last on 14 July 2022 for AED 950,000 (AED 1,319 per sqft).
- Rented since March 2023 on 2 Ejari contracts, from AED 95,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 10,800 a year (AED 15.00 per sqft).
- One-beds in Creek Gate Tower 1 sold for AED 1,730,000–1,730,000 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 1 March 2024.
Questions about 601, Creek Gate Tower 1
What did unit 601 last sell for?
AED 950,000 on 14 July 2022: AED 1,319 per sqft for 720 sqft. The unit has 3 registered sales; the first was AED 1,014,888 in March 2017.
What is the rent for unit 601?
AED 100,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 95,000.
How big is unit 601?
720 sqft (66.9 sqm): a one-bedroom apartment on the 6th floor of a 35-storey tower completed in 2021.
What is unit 601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Creek Gate Tower 1 sold for AED 1,730,000 to 1,730,000 in the last 12 months, around AED 2,402 per sqft.
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Mortgage on 601, Creek Gate Tower 1
Starts from the last sale price (AED 950K, 14 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →