PropertyIndex

The Dubai Creek Residences

Completed · Q1 2019|924 units · 6 towers · 2 buildings

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The Dubai Creek Residences is a completed apartment development by THE LAGOONS PHASE ONE L.L.C in Dubai Creek Harbour, Al Khairan First, comprising 924 registered units. 1,364 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,254 per sqft. At AED 2,254 per sqft, The Dubai Creek Residences prices 6% below the Dubai Creek Harbour average of AED 2,399 per sqft on registered sales.

PIX© price · 1.1% YoY
3.81MAED
Typical
2,254AED
PSF
Gross yield
4.9%
PIX© rent ÷ PIX© price
Sale records
1,364
DLD · all time
Rent contracts
4,054
Ejari · all time
The Dubai Creek Residences

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
455 – 6,900 sqft
9243.81M2,2541.1%187K4.9%
Residential
1 Bed · Apartment
878 – 1,715 sqft
254
2 Bed · Apartment
1,363 – 2,838 sqft
362
3 Bed · Apartment
1,894 – 5,244 sqft
240
4 Bed · Apartment
3,350 – 3,476 sqft
12
6 Bed · Apartment
6,879 – 6,900 sqft
4
Commercial
Shop
455 – 2,057 sqft
52
Sales — Project-Wide1,364 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 · 144 sales
Floors 1-7 · 36 sales
Floors 8-39 · 108 sales
North Tower 3 · 13 sales
Floors 1-7
Floors 8-39 · 8 sales
North Tower 2 · 27 sales
Floors 1-7
Floors 8-39 · 23 sales
South Tower 1 · 28 sales
Floors 1-7
Floors 8-39 · 22 sales
South Tower 3 · 11 sales
Floors 1-7
Floors 8-39 · 9 sales
North Tower 1 · 28 sales
Floors 1-7
Floors 8-39 · 24 sales
South Tower 2 · 26 sales
Floors 1-7
Floors 8-39 · 22 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
12 Aug 20262 BedNorth Tower 2 · Floor 201,3682,950,0002,156+41.1%StandardStandard Sale
11 Aug 20261 BedSouth Tower 1 · Floor 129811,875,0001,911+33.9%StandardStandard Sale
10 Aug 20261 BedNorth Tower 1 · Floor 189812,025,0002,064+53.5%StandardStandard Sale
Rentals — Project-Wide4,054 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 · 990 rentals
North Tower 3 · 99 rentals
South Tower 3 · 91 rentals
North Podium · 22 rentals
South Podium · 18 rentals
North Tower 1 · 226 rentals
South Tower 1 · 209 rentals
North Tower 2 · 162 rentals
South Tower 2 · 163 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
30 Aug 20262 Bed1,363160,000117Entry Levelnew
27 Aug 20263 Bed2,306255,000111Standardrenewal
22 Aug 20263 Bed1,895290,000153Standardrenewal

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 The Dubai Creek Residences

Answered from Dubai Land Department registered transactions.

How much does a property in The Dubai Creek Residences cost?

Property in The Dubai Creek Residences sells at a current PIX© price of AED 2,254 per sqft, or about AED 3,805,871 for a typical unit, based on 1,364 sales registered with the Dubai Land Department.

Is The Dubai Creek Residences completed?

Yes. The Dubai Creek Residences is recorded as completed in the Dubai Land Department project register (completed q1 2019).

Who is the developer of The Dubai Creek Residences?

The Dubai Creek Residences 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 The Dubai Creek Residences?

The Dubai Creek Residences yields 4.9% gross, calculated from current PIX© rent against current PIX© sale price, across 4,054 registered Ejari contracts.

How many units are in The Dubai Creek Residences?

The Dubai Creek Residences holds 924 registered units across 6 towers, per the Dubai Land Department unit register.

Have prices in The Dubai Creek Residences gone up or down?

Price per sqft has fallen -1.1% over the last 12 months, to AED 2,254, across 1,364 registered sales.