Dubai Property Market
- 59.7% YoY
Property sale volume
- 79.1% YoY
Property sale value (AED)
A TRULY UNIQUE INVESTMENT DESTINATION WITH SOARING GROWTH
Dubai Creek Harbour offers the perfect blend of urban sophistication and proximity to nature. The region boasts stunning apartment blocks and state-of-the-art amenities, but it also has a rich legacy and green surroundings.
With a nature reserve close by and abundant green spaces, residents here can feel close to the environment while still enjoying the trappings of urban life. Plus, the history of fishing and pearling gives Dubai Creek Harbour its own unique character that oozes out along the promenade.
Soon, the area will be home to none other than Dubai Creek Tower — a construction project aiming to be the world’s tallest observation tower. Once finished, it’s sure to be a magnet for tourists.
These draws haven’t gone unnoticed by investors, and Dubai Creek Harbour has sported market-beating returns over the last few years. To get in on the action, time is of the essence.
Available
Properties
- Abu Dhabi
- Ajmal Makan City
- Al Barari
- Al Habtoor City
- Al Sufouh
- Arabian Ranches
- Arjan
- Business Bay
- City of Arabia
- DAMAC Hills
- DAMAC Lagoons
- Downtown Dubai
- Dubai
- Dubai Creekside
- Dubai Harbour
- Dubai Healthcare City
- Dubai Hills
- Dubai Hills Estate
- Dubai Islands
- Dubai Land
- Dubai Maritime City
- Dubai South
- Dubai Sports City
- Dubai Studio City
- Dubailand
- Emaar Beachfront
- Featured
- IMPZ
- Jebel Ali
- Jumeirah Beach Residence
- Jumeirah Golf Estates
- Jumeirah Lake Towers
- Jumeirah Village Circle
- Jumeirah Village Triangle
- La Mer
- Madinat Jumeirah Living
- MBR City
- Meydan
- Mudon
- Nad Al Sheba
- Oman
- Palm Jumeirah
- Ras Al Khaimah
- Serena
- Sharjah
- Sobha Hartland
- South Bay
- The Valley
- Town Square
- Wadi Al Safa 2
- Yas Island
DUBAI CREEK HARBOUR’S PROPERTY MARKET PERFORMANCE
Dubai Creek Harbour property statistics for completed properties:
- The average asking sales price in Dubai Creek Harbour: AED 1.2 million
- The average transaction sales price in Dubai Creek Harbour: AED 1.07 million
- The average transaction sales price in Dubai Creek Harbour 2022-23 per sq ft: AED 2,032
Dubai Creek Harbour has boasted positive figures across the board recently for its property market performance. In the last year alone, there were a remarkable 4,000 sales and resales in the area, bringing in a total of AED 8.72 billion.
This establishes the region as one of Dubai’s most exciting investment destinations — and it’s just one entry on a long list of successes. The sales volume almost tripled between 2022 and 2023, and prices have also been steadily rising since 2021 after shaking off the effect of the pandemic.
For now, prices remain relatively affordable compared to other areas in Dubai. But with this level of price growth, the upward trend is unlikely to stop any time soon — savvy investors are seizing the opportunity while the potential for returns is highest.
AVERAGE CAPITAL APPRECIATION IN DUBAI CREEK HARBOUR OVER THE PAST 12 MONTHS
- Dubai Creek Harbour overall: 24.12% capital appreciation
- Dubai Creek Harbour 1-bed property: 29.99% capital appreciation
- Dubai Creek Harbour 2 bed property: 35.08% capital appreciation
- Dubai Creek Harbour 3-bed property: 16.47% capital appreciation
HOW TO CHOOSE A PROPERTY INVESTMENT IN DUBAI CREEK HARBOUR
There are nine districts in Dubai Creek Harbour: The Canal District, The Island District, North Park, The Business District, Park South, Central Park, The Sanctuary District, The Urban Core, and The Retail District.
Prices can vary significantly between these districts, so investors would be wise to compare carefully.
If there’s one property type that dominates, it’s Dubai Creek Harbour apartments, with iconic residential developments found everywhere. However, there’s no shortage of choice here, with a diversity of property types and designs available.
For those seeking the highest investment returns possible, luxury gated communities often outperform standard residences.
One of the biggest reasons to invest in Dubai Creek Harbour is the speed of its growth. With a staggering 1,776 launched units planned for the next few years, this dynamic community shows no sign of slowing down any time soon.
DUBAI CREEK HARBOUR RENTAL MARKET
As if the return on investment possible in the market wasn’t enough, investors can also benefit from high rental yields on Dubai Creek Harbour residences.
Investors aren’t the only ones scrambling to get a piece of the pie here, with Dubai Creek Harbour’s unique offering of nature, luxury, and marina life making it the perfect place to set up a home base.
Rental yields range between 4.5% and 7.5%, depending on the property type and district.
Starting rental values for Dubai Creek Harbour property:
- Average rental price for 1-bed Dubai Creek Harbour properties: AED 82,149
- Average rental price for 2-bed Dubai Creek Harbour properties: AED 124,104
- Average rental price for 3-bed Dubai Creek Harbour properties: AED 199,804
- Average rental price for 4-bed Dubai Creek Harbour properties: AED 294,775
- Average gross yield for Dubai Creek Harbour properties: 5.6%
DUBAI CREEK HARBOUR REAL ESTATE OUTLOOK
The past has treated Dubai Creek Harbour well, with rental yields, return on investment, and transaction volume all exhibiting stellar performance over the past few years. Yet the boom times are far from over — all signs suggest the best is yet to come.
Major developments like the Dubai Creek Tower will be top tourism spots once construction is finished, which will help drive demand for short-term rentals in the area.
Coupled with the many other draws of Dubai Creek Harbour — including direct beach access, an exclusive yacht club, and the proximity to nature — this is a compelling place to live and invest in.
DUBAI CREEK HARBOUR LOCATION AND LIFESTYLE
Dubai Creek Harbour is a destination like no other. It boasts a unique location between Dubai Creek Waterfront and Ras Al Khor Wildlife Sanctuary — a peaceful area that’s home to many birds, including flamingos.
But as its name suggests, the standout feature of the Dubai Creek Harbour location is the creek itself. The entire community revolves around these water flows, and they’re a part of everyday life — from the beautiful marina walkway to a popular yacht club, this is waterside living at its best.
Dubai Creek Harbour also boasts excellent connectivity with the rest of Dubai. It’s 15 minutes from downtown, and it’s possible to reach Dubai International Airport in mere minutes. Yet it’s also walkable and full of green spaces, setting it apart from other Dubai neighbourhoods.
WHAT IS THE MIX OF OFF-PLAN AND COMPLETED PROPERTIES IN DUBAI CREEK HARBOUR?
Dubai Creek Harbour’s property market is 66% off plan, so there are plenty of opportunities for investors to snap up new projects. There are fewer completed properties than elsewhere in Dubai.
WHAT INVESTMENT BUDGET DO YOU NEED TO BUY PROPERTY IN DUBAI CREEK HARBOUR?
The more affordable properties in Dubai Creek Harbour can be purchased for around AED 1 million, but this figure can rise to AED 3-4 million for more expensive developments, such as luxury villas.
