502, Creek Gate Tower 2
Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Creek Gate Tower 2
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,115 sqft
- Floor
- 5th of 28
- Parking
- B2-17
- Developer
- Emaar
- Completed
- 2021
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.57M · October 2019
- Building
- Creek Gate Tower 2
About 502, Creek Gate Tower 2
502 is a two-bedroom apartment of 1,115 sqft on the 5th floor of Creek Gate Tower 2, a 28-storey tower in Dubai Creek Harbour completed in 2021 by Emaar. The developer sold it on 28 October 2019 for AED 1,571,888, or AED 1,410 per sqft, 11% below the AED 1,582 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 98,755 a year: a gross yield of 6.3% on the 2019 price, before the service charge of about AED 16,700 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 102 2-beds →502 last sold in October 2019 at AED 1,410 per sqft, 11% below what two-beds in Creek Gate Tower 2 were fetching at the time (AED 1,582). 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. 502's AED 98,755 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Dec 202518 December 2025 | 1,115 sqft | 2,500,000 | 2,242 | ||
| 8 Dec 20258 December 2025 | 1,115 sqft | 2,600,000 | 2,332 | ||
| 28 Jul 202528 July 2025 | 1,115 sqft | 2,490,000 | 2,233 | ||
| 26 May 202526 May 2025 | 1,042 sqft | 2,150,000 | 2,062 |
Creek Gate Tower 2
Building217 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%
Other units on the 5th floor
All 217 units in Creek Gate Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 720 sqft | AED 1.02MAED 1,020,000 · Jun 2022June 2022 | ||
| 503 | 3-bed | 1,480 sqft | AED 3.09MAED 3,089,679 · Mar 2023March 2023 | ||
| 504 | 2-bed | 1,045 sqft | AED 1.77MAED 1,774,888 · Sep 2017September 2017 | 110,000 /yr | |
| 505 | 2-bed | 1,042 sqft | AED 1.81MAED 1,809,888 · Apr 2018April 2018 | 90,000 /yr | |
| 506 | 3-bed | 1,480 sqft | AED 3.31MAED 3,311,888 · Sep 2022September 2022 | 220,613 /yr | |
| 507 | 2-bed | 1,115 sqft | AED 1.49MAED 1,493,888 · Mar 2018March 2018 | 126,000 /yr | |
| 508 | 1-bed | 720 sqft | AED 1MAED 1,002,888 · Feb 2017February 2017 |
502, Creek Gate Tower 2 in numbers
- Sold once: by Emaar on 28 October 2019 for AED 1,571,888, or AED 1,410 per sqft.
- Rented since August 2022 on 3 Ejari contracts, from AED 82,500 to AED 98,755 a year.
- At AED 98,755 a year the gross yield on the 2019 price is 6.3%, before a service charge of about AED 16,700 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 1 August 2024.
Questions about 502, Creek Gate Tower 2
What did unit 502 last sell for?
AED 1,571,888 on 28 October 2019, sold by the developer: AED 1,410 per sqft for 1,115 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 98,755 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 82,500; the unit has been rented since August 2022.
How big is unit 502?
1,115 sqft (103.6 sqm): a two-bedroom apartment on the 5th floor of a 28-storey tower completed in 2021.
What is unit 502 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 502, Creek Gate Tower 2
Starts from the last sale price (AED 1.57M, 28 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,571,888
- Deposit, UAE resident (20%)
- AED 314,378
- Deposit, non-resident (40%)
- AED 628,755
- Monthly over 25 years at 3.7%
- AED 6,431
Plus AED 71,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →