PropertyIndex

Creek Gate

Completed · Q4 2021|525 units · 2 towers · 1 podium

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Creek Gate is a completed apartment development by THE LAGOONS PHASE ONE L.L.C in Dubai Creek Harbour, Al Khairan First, comprising 525 registered units. 730 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,374 per sqft. At AED 2,374 per sqft, Creek Gate prices 1% below the Dubai Creek Harbour average of AED 2,399 per sqft on registered sales.

PIX© price · 2.5% YoY
2.72MAED
Typical
2,374AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
730
DLD · all time
Rent contracts
1,292
Ejari · all time
Creek Gate

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
82 – 3,046 sqft
5252.72M2,3742.5%140K5.1%
Residential
1 Bed · Apartment
720 sqft
110
2 Bed · Apartment
1,042 – 2,204 sqft
238
3 Bed · Apartment
1,480 – 2,327 sqft
130
4 Bed · Apartment
2,276 – 3,046 sqft
12
Commercial
Shop
943 – 2,119 sqft
8
Store
82 – 383 sqft
27
Sales — Project-Wide730 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 87 sales
Floors 1-12 · 41 sales
Floors 13-33 · 46 sales
Tower 1 · 41 sales
Floors 1-12 · 20 sales
Floors 13-33 · 21 sales
Tower 2 · 46 sales
Floors 1-12 · 21 sales
Floors 13-33 · 25 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
7 Aug 20263 BedTower 2 · Floor 261,4803,200,0002,1620.0%Entry LevelPayment Plan Sale
29 Jul 20262 BedTower 1 · Floor 261,1152,700,0002,422+72.0%StandardStandard Sale
29 Jul 20263 BedTower 2 · Floor 261,4802,800,0001,892-12.2%Entry LevelStandard Sale
Rentals — Project-Wide1,292 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower Analysis
last 24 months
All towers · 601 rentals
Tower 2 · 258 rentals
Tower 1 · 342 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20261 Bed72092,664129Standardrenewal
16 Aug 20261 BedTower 2 · Floor 1672095,0001320.0%Standardrenewal
16 Aug 20262 BedTower 2 · Floor 41,042130,0001250.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Creek Harbour

The closest-priced registered projects in Dubai Creek Harbour.

Common questions about Creek Gate

Answered from Dubai Land Department registered transactions.

How much does a property in Creek Gate cost?

Property in Creek Gate sells at a current PIX© price of AED 2,374 per sqft, or about AED 2,718,397 for a typical unit, based on 730 sales registered with the Dubai Land Department.

Is Creek Gate completed?

Yes. Creek Gate is recorded as completed in the Dubai Land Department project register (completed q4 2021).

Who is the developer of Creek Gate?

Creek Gate is developed by THE LAGOONS PHASE ONE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Creek Gate?

Creek Gate yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 1,292 registered Ejari contracts.

How many units are in Creek Gate?

Creek Gate holds 525 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in Creek Gate gone up or down?

Price per sqft has risen +2.5% over the last 12 months, to AED 2,374, across 730 registered sales.