2-bed · 1,042 sqftCreek Gate Tower 2, Dubai Creek Harbour · 4th floor · completed 2021

405, Creek Gate Tower 2

Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.81M10 July 2017
Current rentAED 130K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Creek Gate Tower 2

What is 405 worth today?

Last sold for AED 1,806,888 in 2017

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15 Oct 2024RentedNew contract
AED 130,000/yr12 months · AED 125 per sqft
9 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 105 per sqft
10 Jul 2017Sold by developerOff-plan
AED 1,806,888AED 1,733 per sqft

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

Key facts

Type
2-bed apartment
Size
1,042 sqft
Floor
4th of 28
Parking
B1-292
Developer
Emaar
Completed
2021
Service charge
AED 15,600 /yr
Last sold
AED 1.81M · July 2017

About 405, Creek Gate Tower 2

405 is a two-bedroom apartment of 1,042 sqft on the 4th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 10 July 2017 for AED 1,806,888, or AED 1,733 per sqft, 26% above the AED 1,376 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 October 2024, is AED 130,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 15,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, July 2017: AED 1,806,888 (AED 1,733 per sqft)

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

Rents
Unit 405, 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, June 2023: AED 110,000 a yearNew contract, October 2024: AED 130,000 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 405 sits

All 102 2-beds →

405 last sold in July 2017 at AED 1,733 per sqft, 26% above what two-beds in Creek Gate Tower 2 were fetching at the time (AED 1,376). 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. 405's AED 130,000 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 126K /yr
Typical yield
5.9%
Creek Gate Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 4th floor

All 217 units in Creek Gate Tower 2
Value
4011-bedAED 1.45M · Nov 2023
4022-bedAED 1.49M · Jul 2017
4033-bedAED 1.06M · Dec 2024
4042-bedAED 1.81M · Sep 2017
4063-bedAED 3.3M · Mar 2023
4072-bedAED 1.49M · Mar 2017
4081-bedAED 1M · Feb 2017

405, Creek Gate Tower 2 in numbers

  • Sold once: by Emaar on 10 July 2017 for AED 1,806,888, or AED 1,733 per sqft.
  • Rented since June 2023 on 2 Ejari contracts, from AED 110,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 15,600 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 15 October 2024.

Questions about 405, Creek Gate Tower 2

What did unit 405 last sell for?

AED 1,806,888 on 10 July 2017, sold by the developer: AED 1,733 per sqft for 1,042 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 130,000 a year on the contract signed on 15 October 2024. The previous contract, from June 2023, was AED 110,000.

How big is unit 405?

1,042 sqft (96.8 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2021.

What is unit 405 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 405, Creek Gate Tower 2

Starts from the last sale price (AED 1.81M, 10 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,806,888
Deposit, UAE resident (20%)
AED 361,378
Deposit, non-resident (40%)
AED 722,755
Monthly over 25 years at 3.7%
AED 7,393

Plus AED 80,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →