Unit P04, Creek Rise Tower 1: what it sold for and what it is worth now

Unit P04 at Creek Rise Tower 1 is a 2 bed of 1,342 sq ft. It last sold for AED 2,400,000 on 10 Jul 2023. At AED 2,256 per sq ft, from 14 sales in the building in the last 12 months (2 bed), it is worth about AED 3,028,000 today.

Value todayAED 3,028,000AED 2,591,000 to AED 3,100,000
Last saleAED 2,400,00010 Jul 2023 · Resale
Change since last sale+26.2%Building trend alone: AED 2,820,382
Rent (median asking, 2 bed)AED 149,999Gross yield 5.0%
Bedrooms2 bed
Size1,342 sq ft
BuildingCreek Rise Tower 1 by Emaar Properties, handed over 2022
Registered sales of this unit3

Every registered sale of unit P04

DatePriceSizeAED/sq ftType
10 Jul 2023AED 2,400,0001,342 sq ft1,788Resale
26 Jun 2023AED 1,850,0001,342 sq ft1,379Resale
5 Dec 2022AED 2,339,8881,342 sq ft1,744Resale

Latest 2 bed sales in Creek Rise Tower 1

UnitDatePriceSizeAED/sq ftType
12078 Oct 2026AED 2,650,0001,109 sq ft2,390Resale
5081 Sep 2026AED 2,500,0001,107 sq ft2,258Resale
60731 Aug 2026AED 2,550,0001,109 sq ft2,299Resale
8013 Jul 2026AED 2,500,0001,256 sq ft1,990Resale
12082 Jul 2026AED 2,600,0001,107 sq ft2,349Resale
3091 Jul 2026AED 2,350,0001,256 sq ft1,871Resale
30730 Jun 2026AED 1,846,5661,109 sq ft1,665Resale
70917 Apr 2026AED 2,400,0001,256 sq ft1,911Resale

How we worked out the value

We took the 14 sales in Creek Rise Tower 1 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 2,256). We multiplied it by the size of this unit (1,342 sq ft). The range uses the middle half of those sales (AED 1,931 to AED 2,310 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,820,382. Floor, view, condition and upgrades can move the price either way. Sales data to 8 Oct 2026, from the Dubai Land Department register.

Questions

What is unit P04 at Creek Rise Tower 1 worth?

About AED 3,028,000 (range AED 2,591,000 to AED 3,100,000), based on AED 2,256 per sq ft from registered sales up to 8 Oct 2026.

When did unit P04 last sell?

10 Jul 2023, for AED 2,400,000 (resale). It has 3 registered sales.

What rent can unit P04 make?

A 2 bed in Creek Rise Tower 1 rents for about AED 149,999 a year (median asking rent). That is a gross yield of 5.0% on the estimate.

Sales alert for Creek Rise Tower 1All sales in Creek Rise Tower 1

Unit P03