2-bed · 1,149 sqftHarbour Gate Tower 1, Dubai Creek Harbour · 3rd floor · completed 2022

309, Harbour Gate Tower 1

Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 11 January 2023
Last soldAED 1.46M10 September 2019
Current rentAED 105K /yr11 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Harbour Gate Tower 1

What is 309 worth today?

Last sold for AED 1,456,888 in 2019

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11 Jan 2023RentedNew contract
AED 105,000/yr12 months · AED 91 per sqft
10 Sep 2019Sold by developerOff-plan
AED 1,456,888AED 1,268 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2023.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
3rd of 37
Parking
B2-045
Developer
Emaar
Completed
2022
Service charge
AED 24,500 /yr
Last sold
AED 1.46M · September 2019

About 309, Harbour Gate Tower 1

309 is a two-bedroom apartment of 1,149 sqft on the 3rd floor of Harbour Gate Tower 1, a 37-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 10 September 2019 for AED 1,456,888, or AED 1,268 per sqft, 4% below the AED 1,314 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 January 2023. The current contract, signed on 11 January 2023, is AED 105,000 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 24,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, September 2019: AED 1,456,888 (AED 1,268 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Harbour Gate Tower 1
100K120K140K202220242026Typical rent by year: 2022 AED 115,000; 2023 AED 122,875; 2024 AED 130,000; 2025 AED 137,452; 2026 AED 145,000New contract, January 2023: AED 105,000 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 309 sits

All 118 2-beds →

309 last sold in September 2019 at AED 1,268 per sqft, 4% below what two-beds in Harbour Gate Tower 1 were fetching at the time (AED 1,314). 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. 309's AED 105,000 is at the bottom 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 3rd floor

All 262 units in Harbour Gate Tower 1
Value
3013-bedAED 3.05M · Feb 2023
3021-bedAED 1.57M · Feb 2025
3042-bedAED 2.5M · Mar 2023
3051-bedAED 1.35M · Sep 2023
3061-bedAED 1.53M · May 2025
3071-bedAED 961K · Apr 2017
3082-bedAED 1.83M · Feb 2023

309, Harbour Gate Tower 1 in numbers

  • Sold once: by Emaar on 10 September 2019 for AED 1,456,888, or AED 1,268 per sqft.
  • Rented since January 2023 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 7.2%, before a service charge of about AED 24,500 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 11 January 2023.

Questions about 309, Harbour Gate Tower 1

What did unit 309 last sell for?

AED 1,456,888 on 10 September 2019, sold by the developer: AED 1,268 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 105,000 a year on the contract signed on 11 January 2023.

How big is unit 309?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 3rd floor of a 37-storey tower completed in 2022.

What is unit 309 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.

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Mortgage on 309, Harbour Gate Tower 1

Starts from the last sale price (AED 1.46M, 10 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,456,888
Deposit, UAE resident (20%)
AED 291,378
Deposit, non-resident (40%)
AED 582,755
Monthly over 25 years at 3.7%
AED 5,961

Plus AED 66,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →