1-bed · 847 sqftHarbour Gate Tower 1, Dubai Creek Harbour · 2nd floor · completed 2022

205, Harbour Gate Tower 1

Sold prices and rental history: sold twice, last in August 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 400K19 August 2020
Current rentAED 100K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Harbour Gate Tower 1

What is 205 worth today?

Last sold for AED 400,000 in 2020

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5 Dec 2024RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
20 Nov 2023RentedRenewal
AED 80,000/yr12 months · AED 94 per sqft
20 Nov 2022RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
19 Aug 2020SoldOff-plan
AED 400,000AED 926 per sqft
8 Jan 2018Sold by developerOff-plan
AED 1,338,888AED 1,580 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
2nd of 37
Parking
B2-180
Developer
Emaar
Completed
2022
Service charge
AED 18,000 /yr
Last sold
AED 400K · August 2020

About 205, Harbour Gate Tower 1

205 is a one-bedroom apartment of 847 sqft on the 2nd floor of Harbour Gate Tower 1, a 37-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 19 August 2020 for AED 400,000, or AED 926 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 December 2024, is AED 100,000 a year: a gross yield of 25.0% on the 2020 price, before the service charge of about AED 18,000 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Harbour Gate Tower 1
1M2017202020232026Typical sale price by year: 2017 AED 1,083,888; 2018 AED 1,205,388; 2019 AED 1,085,888; 2021 AED 1,151,888; 2022 AED 1,556,388; 2023 AED 1,335,000; 2024 AED 1,500,000; 2025 AED 1,550,000Sold by developer, January 2018: AED 1,338,888 (AED 1,580 per sqft)Sold, August 2020: AED 400,000 (AED 926 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in Harbour Gate Tower 1
80K100K20222023202420252026Typical rent by year: 2022 AED 75,000; 2023 AED 80,000; 2024 AED 89,777; 2025 AED 94,500New contract, November 2022: AED 75,000 a yearRenewal, November 2023: AED 80,000 a yearNew contract, December 2024: AED 100,000 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 Harbour Gate Tower 1, and where 205 sits

All 70 1-beds →

Over the last 12 months one-beds sold for AED 1,400,000 to 1,590,000, around AED 2,266 per sqft, and rent for AED 92,700 to 120,000 a year. 205's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,590,000
25 Dec 20251,400,000
15 Dec 20251,550,000
15 May 20251,530,000
3 1-bed sales in the last 12 months

Harbour Gate Tower 1

Building

262 apartments, 1-bed to 4-bed over 37 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,266
Typical sale
AED 2.55M
Typical rent
AED 136K /yr
Typical yield
5.7%
Harbour Gate Tower 1, Dubai Creek Harbour: prices, sales and rents →

Other units on the 2nd floor

All 262 units in Harbour Gate Tower 1
Value
2013-bedAED 2.95M · May 2023
2021-bedAED 1.58M · Aug 2024
2042-bedAED 3.01M · Feb 2024
2061-bedAED 1.36M · Feb 2024
2071-bedAED 959K · Aug 2017
2082-bedAED 1.72M · Aug 2022
2092-bedAED 1.45M · Aug 2017

205, Harbour Gate Tower 1 in numbers

  • Sold twice: first on 8 January 2018 for AED 1,338,888, last on 19 August 2020 for AED 400,000 (AED 926 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 75,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 25.0%, before a service charge of about AED 18,000 a year (AED 21.29 per sqft).
  • One-beds in Harbour Gate Tower 1 sold for AED 1,400,000–1,590,000 in the 12 months to November 2026; the building's median across all types is AED 2,266 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.

Questions about 205, Harbour Gate Tower 1

What did unit 205 last sell for?

AED 400,000 on 19 August 2020: AED 926 per sqft for 847 sqft. The unit has 2 registered sales; the first was AED 1,338,888 in January 2018.

What is the rent for unit 205?

AED 100,000 a year on the contract signed on 5 December 2024. The previous contract, from November 2023, was AED 80,000; the unit has been rented since November 2022.

How big is unit 205?

847 sqft (78.7 sqm): a one-bedroom apartment on the 2nd floor of a 37-storey tower completed in 2022.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Harbour Gate Tower 1 sold for AED 1,400,000 to 1,590,000 in the last 12 months, around AED 2,266 per sqft.

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Mortgage on 205, Harbour Gate Tower 1

Starts from the last sale price (AED 400K, 19 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →