2-bed · 1,045 sqftCreek Gate Tower 2, Dubai Creek Harbour · 16th floor · completed 2021

1604, Creek Gate Tower 2

Sold prices and rental history: sold once, by the developer in April 2018, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 27 March 2023
Last soldAED 1.81M15 April 2018
Current rentAED 150K /yr27 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Creek Gate Tower 2

What is 1604 worth today?

Last sold for AED 1,812,888 in 2018

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27 Mar 2023RentedNew contract
AED 150,000/yr24 months · AED 144 per sqft
15 Apr 2018Sold by developerOff-plan
AED 1,812,888AED 1,734 per sqft

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

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
16th of 28
Parking
B1-175
Developer
Emaar
Completed
2021
Service charge
AED 15,700 /yr
Last sold
AED 1.81M · April 2018

About 1604, Creek Gate Tower 2

1604 is a two-bedroom apartment of 1,045 sqft on the 16th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 15 April 2018 for AED 1,812,888, or AED 1,734 per sqft, in line with the AED 1,714 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 March 2023. The current contract, signed on 27 March 2023, is AED 150,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical two-bed in Creek Gate Tower 2
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,659,388; 2018 AED 1,537,888; 2019 AED 1,705,888; 2020 AED 1,916,888; 2021 AED 2,256,888; 2022 AED 1,800,000; 2023 AED 2,200,000; 2024 AED 2,337,500; 2025 AED 2,500,000Sold by developer, April 2018: AED 1,812,888 (AED 1,734 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Creek Gate Tower 2
100K150K202220242026Typical rent by year: 2022 AED 87,750; 2023 AED 102,500; 2024 AED 121,000; 2025 AED 128,000; 2026 AED 170,000New contract, March 2023: AED 150,000 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 2, and where 1604 sits

All 102 2-beds →

1604 last sold in April 2018 at AED 1,734 per sqft, in line with what two-beds in Creek Gate Tower 2 were fetching at the time (AED 1,714). Over the last 12 months two-beds sold for AED 2,500,000 to 2,600,000, around AED 2,287 per sqft, and rent for AED 110,000 to 205,000 a year. 1604's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Dec 20252,500,000
8 Dec 20252,600,000
28 Jul 20252,490,000
26 May 20252,150,000
2 2-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 16th floor

All 217 units in Creek Gate Tower 2
Value
16011-bedAED 1.05M · Oct 2022
16022-bedAED 1.53M · Apr 2018
16033-bedAED 3.75M · Oct 2023
16052-bedAED 2.4M · Nov 2024
16063-bedAED 2.63M · Oct 2017
16072-bedAED 1.97M · Jun 2023
16081-bedAED 1.02M · Feb 2017

1604, Creek Gate Tower 2 in numbers

  • Sold once: by Emaar on 15 April 2018 for AED 1,812,888, or AED 1,734 per sqft.
  • Rented since March 2023 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 15,700 a year (AED 15.00 per sqft).
  • Two-beds in Creek Gate Tower 2 sold for AED 2,500,000–2,600,000 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 March 2023.

Questions about 1604, Creek Gate Tower 2

What did unit 1604 last sell for?

AED 1,812,888 on 15 April 2018, sold by the developer: AED 1,734 per sqft for 1,045 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 150,000 a year on the contract signed on 27 March 2023.

How big is unit 1604?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 16th floor of a 28-storey tower completed in 2021.

What is unit 1604 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 2 sold for AED 2,500,000 to 2,600,000 in the last 12 months, around AED 2,287 per sqft.

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Mortgage on 1604, Creek Gate Tower 2

Starts from the last sale price (AED 1.81M, 15 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,812,888
Deposit, UAE resident (20%)
AED 362,578
Deposit, non-resident (40%)
AED 725,155
Monthly over 25 years at 3.7%
AED 7,417

Plus AED 81,152 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →