PropertyIndex

Creek Rise

Completed · Q2 2022|568 units · 2 towers · 1 building

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Creek Rise is a completed apartment development by THE LAGOONS PHASE ONE L.L.C in Dubai Creek Harbour, Al Khairan First, comprising 568 registered units. 836 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,181 per sqft. At AED 2,181 per sqft, Creek Rise prices 9% below the Dubai Creek Harbour average of AED 2,399 per sqft on registered sales.

PIX© price · 2.7% YoY
2.54MAED
Typical
2,181AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
836
DLD · all time
Rent contracts
1,447
Ejari · all time
Creek Rise

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
43 – 4,364 sqft
5682.54M2,1812.7%134K5.3%
Residential
1 Bed · Apartment
775 – 976 sqft
185
2 Bed · Apartment
1,103 – 1,578 sqft
237
3 Bed · Apartment
1,447 – 2,607 sqft
109
4 Bed · Apartment
2,988 – 4,364 sqft
8
Commercial
Shop
616 – 1,760 sqft
8
Store
43 – 156 sqft
21
Sales — Project-Wide836 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 · 133 sales
Floors 1-9 · 37 sales
Floors 10-38 · 96 sales
Tower 1 · 62 sales
Floors 1-9 · 18 sales
Floors 10-38 · 44 sales
Tower 2 · 71 sales
Floors 1-9 · 19 sales
Floors 10-38 · 52 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
10 Aug 20261 BedTower 2 · Floor 198271,750,0002,117+21.7%Entry LevelStandard Sale
5 Aug 20262 BedTower 2 · Floor 21,1072,550,0002,303+68.1%StandardStandard Sale
4 Aug 20262 BedTower 2 · Floor 61,1072,600,0002,348+8.3%PremiumStandard Sale
Rentals — Project-Wide1,447 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 657 rentals
Floors 1-13 · 280 rentals
Floors 14-37 · 377 rentals
Tower 1 · 393 rentals
Floors 1-13 · 153 rentals
Floors 14-37 · 240 rentals
Tower 2 · 261 rentals
Floors 1-13 · 124 rentals
Floors 14-37 · 137 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
29 Nov 20262 Bed1,109160,000144Standardnew
5 Nov 20261 Bed82587,150106Entry Levelrenewal
1 Oct 20261 Bed826100,000121Standardrenewal

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 Rise

Answered from Dubai Land Department registered transactions.

How much does a property in Creek Rise cost?

Property in Creek Rise sells at a current PIX© price of AED 2,181 per sqft, or about AED 2,538,007 for a typical unit, based on 836 sales registered with the Dubai Land Department.

Is Creek Rise completed?

Yes. Creek Rise is recorded as completed in the Dubai Land Department project register (completed q2 2022).

Who is the developer of Creek Rise?

Creek Rise 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 Rise?

Creek Rise yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 1,447 registered Ejari contracts.

How many units are in Creek Rise?

Creek Rise holds 568 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in Creek Rise gone up or down?

Price per sqft has fallen -2.7% over the last 12 months, to AED 2,181, across 836 registered sales.