2-bed · 1,203 sqftHarbour Gate Tower 2, Dubai Creek Harbour · 29th floor · completed 2022

2905, Harbour Gate Tower 2

Sold prices and rental history: sold once, by the developer in April 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2905 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1.65M21 April 2020
Current rentAED 143K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2905, Harbour Gate Tower 2

What is 2905 worth today?

Last sold for AED 1,649,888 in 2020

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15 Mar 2024RentedNew contract
AED 143,000/yr12 months · AED 119 per sqft
15 Mar 2023RentedNew contract
AED 131,000/yr12 months · AED 109 per sqft
21 Apr 2020Sold by developerOff-plan
AED 1,649,888AED 1,371 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,203 sqft
Floor
29th of 31
Parking
B2-124
Developer
Emaar
Completed
2022
Last sold
AED 1.65M · April 2020

About 2905, Harbour Gate Tower 2

2905 is a two-bedroom apartment of 1,203 sqft on the 29th floor of Harbour Gate Tower 2, a 31-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 21 April 2020 for AED 1,649,888, or AED 1,371 per sqft, in line with the AED 1,363 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 March 2024, is AED 143,000 a year: a gross yield of 8.7% on the 2020 price.

Sales and rents for 2905 over time

Sales
Unit 2905, each saleTypical two-bed in Harbour Gate Tower 2
1.5M2M2.5M20172019202120232025Typical sale price by year: 2017 AED 1,497,888; 2018 AED 1,455,888; 2019 AED 1,618,888; 2020 AED 1,544,888; 2021 AED 1,943,888; 2022 AED 1,905,000; 2023 AED 2,200,000; 2024 AED 2,427,500Sold by developer, April 2020: AED 1,649,888 (AED 1,371 per sqft)

2905 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2905, each contractTypical two-bed in Harbour Gate Tower 2
120K140K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 120,000; 2024 AED 133,125; 2025 AED 140,000; 2026 AED 150,000New contract, March 2023: AED 131,000 a yearNew contract, March 2024: AED 143,000 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 2, and where 2905 sits

All 95 2-beds →

2905 last sold in April 2020 at AED 1,371 per sqft, in line with what two-beds in Harbour Gate Tower 2 were fetching at the time (AED 1,363). Over the last 12 months two-beds sold for AED 2,450,000, around AED 2,148 per sqft, and rent for AED 115,500 to 168,000 a year. 2905's AED 143,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20262,450,000
30 May 20252,650,000
22 May 20252,750,000
7 Nov 20242,800,000
1 2-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 29th floor

All 223 units in Harbour Gate Tower 2
Value
29013-bedAED 3.25M · Jul 2023
29021-bedAED 1.29M · Nov 2019
29033-bedAED 3.03M · Nov 2021
29042-bedAED 2.15M · Oct 2021

2905, Harbour Gate Tower 2 in numbers

  • Sold once: by Emaar on 21 April 2020 for AED 1,649,888, or AED 1,371 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 131,000 to AED 143,000 a year.
  • At AED 143,000 a year the gross yield on the 2020 price is 8.7%.
  • Two-beds in Harbour Gate Tower 2 sold for AED 2,450,000–2,450,000 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 15 March 2024.

Questions about 2905, Harbour Gate Tower 2

What did unit 2905 last sell for?

AED 1,649,888 on 21 April 2020, sold by the developer: AED 1,371 per sqft for 1,203 sqft. It is the only registered sale of the unit.

What is the rent for unit 2905?

AED 143,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2023, was AED 131,000.

How big is unit 2905?

1,203 sqft (111.8 sqm): a two-bedroom apartment on the 29th floor of a 31-storey tower completed in 2022.

What is unit 2905 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 2 sold for AED 2,450,000 to 2,450,000 in the last 12 months, around AED 2,148 per sqft.

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Mortgage on 2905, Harbour Gate Tower 2

Starts from the last sale price (AED 1.65M, 21 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,649,888
Deposit, UAE resident (20%)
AED 329,978
Deposit, non-resident (40%)
AED 659,955
Monthly over 25 years at 3.7%
AED 6,750

Plus AED 74,306 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →