1-bed · 684 sqftHarbour Gate Tower 2, Dubai Creek Harbour · 16th floor · completed 2022

1602, Harbour Gate Tower 2

Sold prices and rental history: sold twice, last in November 2024, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 18 January 2025
Last soldAED 1.52M25 November 2024
Current rentAED 120K /yr18 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Harbour Gate Tower 2

What is 1602 worth today?

Last sold for AED 1,520,000 in 2024

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18 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 174 per sqft
25 Nov 2024SoldReady
AED 1,520,000AED 2,223 per sqft
9 Aug 2022Sold by developerReady
AED 1,564,888AED 2,288 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2025.

Key facts

Type
1-bed apartment
Size
684 sqft
Floor
16th of 31
Parking
P-109, P-109A
Developer
Emaar
Completed
2022
Last sold
AED 1.52M · November 2024

About 1602, Harbour Gate Tower 2

1602 is a one-bedroom apartment of 684 sqft on the 16th floor of Harbour Gate Tower 2, a 31-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 25 November 2024 for AED 1,520,000, or AED 2,223 per sqft, 9% above the AED 2,047 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 January 2025. The current contract, signed on 18 January 2025, is AED 120,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Harbour Gate Tower 2
1.25M1.5M2017202020232026Typical sale price by year: 2017 AED 1,192,388; 2018 AED 1,095,888; 2019 AED 1,223,888; 2020 AED 1,262,888; 2022 AED 1,240,000; 2023 AED 1,315,000; 2024 AED 1,552,500; 2025 AED 1,585,000Sold by developer, August 2022: AED 1,564,888 (AED 2,288 per sqft)Sold, November 2024: AED 1,520,000 (AED 2,223 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Harbour Gate Tower 2
75K100K125K202220242026Typical rent by year: 2022 AED 73,500; 2023 AED 79,886; 2024 AED 85,000; 2025 AED 88,000; 2026 AED 95,000New contract, January 2025: AED 120,000 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 2, and where 1602 sits

All 63 1-beds →

1602 last sold in November 2024 at AED 2,223 per sqft, 9% above what one-beds in Harbour Gate Tower 2 were fetching at the time (AED 2,047). Over the last 12 months one-beds sold for AED 1,850,000, around AED 2,183 per sqft, and rent for AED 87,000 to 120,000 a year. 1602's AED 120,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20261,850,000
16 Jul 20251,600,000
9 Jul 20251,595,000
23 Jun 20251,700,000
1 1-bed sale in the last 12 months

Harbour Gate Tower 2

Building

223 apartments, 1-bed to 4-bed over 31 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,166
Typical sale
AED 2.93M
Typical rent
AED 145K /yr
Typical yield
6.0%
Harbour Gate Tower 2, Dubai Creek Harbour: prices, sales and rents →

Other units on the 16th floor

All 223 units in Harbour Gate Tower 2
Value
16013-bedAED 2.64M · Sep 2021
16033-bedAED 2.95M · Aug 2023
16042-bedAED 1.74M · Jul 2017
16052-bedAED 1.69M · Apr 2018
16062-bedAED 2M · Dec 2022
16072-bedAED 2.3M · Jun 2023
16082-bedAED 2.38M · May 2024

1602, Harbour Gate Tower 2 in numbers

  • Sold twice: first on 9 August 2022 for AED 1,564,888, last on 25 November 2024 for AED 1,520,000 (AED 2,223 per sqft).
  • Rented since January 2025 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 7.9%.
  • One-beds in Harbour Gate Tower 2 sold for AED 1,850,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,166 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2025.

Questions about 1602, Harbour Gate Tower 2

What did unit 1602 last sell for?

AED 1,520,000 on 25 November 2024: AED 2,223 per sqft for 684 sqft. The unit has 2 registered sales; the first was AED 1,564,888 in August 2022.

What is the rent for unit 1602?

AED 120,000 a year on the contract signed on 18 January 2025.

How big is unit 1602?

684 sqft (63.5 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2022.

What is unit 1602 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 2 sold for AED 1,850,000 to 1,850,000 in the last 12 months, around AED 2,183 per sqft.

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Mortgage on 1602, Harbour Gate Tower 2

Starts from the last sale price (AED 1.52M, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

Plus AED 68,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →