1-bed · 720 sqftCreek Gate Tower 2, Dubai Creek Harbour · 13th floor · completed 2021

1308, Creek Gate Tower 2

Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 27 May 2023
Last soldAED 1.02M2 October 2017
Current rentAED 69K /yr27 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Creek Gate Tower 2

What is 1308 worth today?

Last sold for AED 1,018,888 in 2017

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27 May 2023RentedRenewal
AED 69,000/yr12 months · AED 96 per sqft
27 May 2022RentedNew contract
AED 65,000/yr12 months · AED 90 per sqft
2 Oct 2017Sold by developerOff-plan
AED 1,018,888AED 1,414 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2023.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
13th of 28
Parking
B2-134
Developer
Emaar
Completed
2021
Service charge
AED 10,800 /yr
Last sold
AED 1.02M · October 2017

About 1308, Creek Gate Tower 2

1308 is a one-bedroom apartment of 720 sqft on the 13th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 2 October 2017 for AED 1,018,888, or AED 1,414 per sqft, in line with the AED 1,413 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 27 May 2023, is AED 69,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical one-bed in Creek Gate Tower 2
1M1.2M1.4M2017201920212023Typical sale price by year: 2017 AED 1,017,888; 2018 AED 1,014,888; 2019 AED 1,087,888; 2020 AED 1,076,888; 2021 AED 1,161,888; 2022 AED 1,050,000; 2023 AED 1,450,000Sold by developer, October 2017: AED 1,018,888 (AED 1,414 per sqft)

1308 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, each contractTypical one-bed in Creek Gate Tower 2
60K80K100K202220242026Typical rent by year: 2022 AED 67,000; 2023 AED 74,800; 2024 AED 87,500; 2025 AED 92,500; 2026 AED 100,000New contract, May 2022: AED 65,000 a yearRenewal, May 2023: AED 69,000 a year

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 2, and where 1308 sits

All 47 1-beds →

1308 last sold in October 2017 at AED 1,414 per sqft, in line with what one-beds in Creek Gate Tower 2 were fetching at the time (AED 1,413). Over the last 12 months one-beds sold for AED 1,530,000 to 1,700,000, around AED 2,242 per sqft, and rent for AED 87,000 to 110,000 a year. 1308's AED 69,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20261,700,000
2 Jan 20261,530,000
30 Jun 20251,720,000
13 May 20251,620,000
2 1-bed sales in the last 12 months

Creek Gate Tower 2

Building

217 apartments, 1-bed to 4-bed over 28 floors in Dubai Creek Harbour, completed in 2021 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,270
Typical sale
AED 2.55M
Typical rent
AED 133K /yr
Typical yield
5.9%
Creek Gate Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 13th floor

All 217 units in Creek Gate Tower 2
Value
13011-bedAED 1.49M · Nov 2023
13022-bedAED 2.45M · Sep 2023
13033-bedAED 3.17M · Mar 2022
13042-bedAED 1.9M · Nov 2019
13052-bedAED 2.26M · Dec 2021
13063-bedAED 3.36M · Oct 2022
13072-bedAED 2.5M · Mar 2023

1308, Creek Gate Tower 2 in numbers

  • Sold once: by Emaar on 2 October 2017 for AED 1,018,888, or AED 1,414 per sqft.
  • Rented since May 2022 on 2 Ejari contracts, from AED 65,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 10,800 a year (AED 15.00 per sqft).
  • One-beds in Creek Gate Tower 2 sold for AED 1,530,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,270 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2023.

Questions about 1308, Creek Gate Tower 2

What did unit 1308 last sell for?

AED 1,018,888 on 2 October 2017, sold by the developer: AED 1,414 per sqft for 720 sqft. It is the only registered sale of the unit.

What is the rent for unit 1308?

AED 69,000 a year on the contract renewed on 27 May 2023. The previous contract, from May 2022, was AED 65,000.

How big is unit 1308?

720 sqft (66.9 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2021.

What is unit 1308 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 2 sold for AED 1,530,000 to 1,700,000 in the last 12 months, around AED 2,242 per sqft.

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Mortgage on 1308, Creek Gate Tower 2

Starts from the last sale price (AED 1.02M, 2 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,018,888
Deposit, UAE resident (20%)
AED 203,778
Deposit, non-resident (40%)
AED 407,555
Monthly over 25 years at 3.7%
AED 4,169

Plus AED 47,804 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →