2-bed · 1,141 sqftHarbour Gate Tower 1, Dubai Creek Harbour · 24th floor · completed 2022

2407, Harbour Gate Tower 1

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 2407 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 1.47M16 April 2018
Current rentAED 135K /yr3 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Harbour Gate Tower 1

What is 2407 worth today?

Last sold for AED 1,474,888 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Mar 2023RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
16 Apr 2018Sold by developerOff-plan
AED 1,474,888AED 1,292 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2023.

Key facts

Type
2-bed apartment
Size
1,141 sqft
Floor
24th of 37
Parking
B2-169
Developer
Emaar
Completed
2022
Service charge
AED 24,300 /yr
Last sold
AED 1.47M · April 2018

About 2407, Harbour Gate Tower 1

2407 is a two-bedroom apartment of 1,141 sqft on the 24th floor of Harbour Gate Tower 1, a 37-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 16 April 2018 for AED 1,474,888, or AED 1,292 per sqft, 21% below the AED 1,628 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 March 2023. The current contract, signed on 3 March 2023, is AED 135,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 24,300 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, each saleTypical two-bed in Harbour Gate Tower 1
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,497,888; 2018 AED 1,455,888; 2019 AED 1,458,388; 2020 AED 1,514,888; 2021 AED 1,363,444; 2022 AED 2,349,888; 2023 AED 2,135,000; 2024 AED 2,450,000; 2025 AED 2,465,000Sold by developer, April 2018: AED 1,474,888 (AED 1,292 per sqft)

2407 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2407, each contractTypical two-bed in Harbour Gate Tower 1
120K140K202220242026Typical rent by year: 2022 AED 115,000; 2023 AED 122,875; 2024 AED 130,000; 2025 AED 137,452; 2026 AED 145,000New contract, March 2023: AED 135,000 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 Harbour Gate Tower 1, and where 2407 sits

All 118 2-beds →

2407 last sold in April 2018 at AED 1,292 per sqft, 21% below what two-beds in Harbour Gate Tower 1 were fetching at the time (AED 1,628). Over the last 12 months two-beds sold for AED 2,480,000 to 3,100,000, around AED 2,277 per sqft, and rent for AED 115,500 to 192,528 a year. 2407's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20262,550,000
19 Dec 20253,100,000
18 Dec 20252,480,000
26 May 20252,575,000
4 2-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 24th floor

All 262 units in Harbour Gate Tower 1
Value
24013-bedAED 2.72M · Nov 2021
24021-bedAED 1.24M · Sep 2017
24033-bedAED 3.56M · Sep 2022
24042-bedAED 3.14M · Feb 2024
24052-bedAED 2.15M · Nov 2023
24062-bedAED 1.55M · Sep 2020
24082-bedAED 1.51M · Feb 2019

2407, Harbour Gate Tower 1 in numbers

  • Sold once: by Emaar on 16 April 2018 for AED 1,474,888, or AED 1,292 per sqft.
  • Rented since March 2023 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 24,300 a year (AED 21.29 per sqft).
  • Two-beds in Harbour Gate Tower 1 sold for AED 2,480,000–3,100,000 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 3 March 2023.

Questions about 2407, Harbour Gate Tower 1

What did unit 2407 last sell for?

AED 1,474,888 on 16 April 2018, sold by the developer: AED 1,292 per sqft for 1,141 sqft. It is the only registered sale of the unit.

What is the rent for unit 2407?

AED 135,000 a year on the contract signed on 3 March 2023.

How big is unit 2407?

1,141 sqft (106.0 sqm): a two-bedroom apartment on the 24th floor of a 37-storey tower completed in 2022.

What is unit 2407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Harbour Gate Tower 1 sold for AED 2,480,000 to 3,100,000 in the last 12 months, around AED 2,277 per sqft.

Selling 2407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2407, Harbour Gate Tower 1

Starts from the last sale price (AED 1.47M, 16 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,474,888
Deposit, UAE resident (20%)
AED 294,978
Deposit, non-resident (40%)
AED 589,955
Monthly over 25 years at 3.7%
AED 6,034

Plus AED 66,956 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →