Dubai Creek Harbour Apartments Q1 2025 Resale Report
(1st January - 31st March 2025)
AED 2,257
Average price per sq. ft
Compared to Q1 2024
398 transactions
AED 1.084B total resale value
Apartments in Dubai Creek Harbour Q1 2025 Resale Report
Executive Summary
Two-bedroom units led resale activity with 162 transactions in Q1 2025, a rise of 5.0 percent year over year, and an average price of AED 2,725,942. One-bedroom apartments recorded 151 transactions in Q1 2025, down 6.0 percent from the prior year, with an average price of AED 1,640,712. Three-bedroom units saw 74 transactions in Q1 2025, a decline of 21.0 percent year over year, at an average price of AED 4,009,670, while four-bedroom properties registered 10 transactions with an average price of AED 7,893,689. Off-plan primary market sales in Dubai Creek Harbour totaled 135 transactions in Q1 2025, representing a combined value of AED 382,168,367.
Key Facts
- In Q1 2025, the average resale price per square foot for apartments in Dubai Creek Harbour reached AED 2,257, representing a 6.1% year-over-year increase.
- Dubai Creek Harbour recorded 398 resale apartment transactions in Q1 2025, down 3.4% compared to the same quarter in 2024.
- The total value of resale transactions in Dubai Creek Harbour during Q1 2025 was AED 1,083,502,539, an increase of 7.6% year-over-year.
- Ready units accounted for 77.6% of resale transactions in Dubai Creek Harbour in Q1 2025, while off-plan units represented 22.4%.
- Two-bedroom apartments led resale activity in Dubai Creek Harbour during Q1 2025 with 162 transactions at an average price of AED 2,725,942, up 5.0% in transaction count year-over-year.
- One-bedroom apartments in Dubai Creek Harbour saw 151 resale transactions in Q1 2025 at an average price of AED 1,640,712, while transaction count decreased 6.0% year-over-year.
- Three-bedroom apartment resales in Dubai Creek Harbour totaled 74 transactions in Q1 2025 at an average price of AED 4,009,670, representing a 21.0% decline in transaction count year-over-year.
Key Performance Indicators
Key Performance Indicators
Resale - Q1 2025
Rental - Q1 2025
Source: Property Monitor, Metropolitan Premium Properties Analysis
Price Trend
Price Trend - Dubai Creek Harbour Apartments
Average Price per Sq. Ft - Dubai Creek Harbour Apartments
| Period | Average Price per Sq. Ft (AED) |
|---|---|
| Q1 2024 | 2,127 |
| Q2 2024 | 2,182 |
| Q3 2024 | 2,171 |
| Q4 2024 | 2,282 |
| Q1 2025 | 2,256 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did Dubai Creek Harbour Apartments transactions split between off-plan and ready in Q1 2025?
In Q1 2025, ready apartment transactions in Dubai Creek Harbour accounted for 77.6% of total sales by count and 77.2% by value, while off-plan sales represented 22.4% by count and 22.8% by value. The near-identical distribution across both metrics indicates that average transaction sizes for off-plan and ready units in Dubai Creek Harbour were closely aligned during the quarter. Ready properties maintained clear dominance in the area's apartment market, with off-plan activity forming roughly one-fifth of overall sales volume and value.
Which Apartments bedroom configurations recorded the highest resale activity in Dubai Creek Harbour during Q1 2025?
Two-bedroom apartments led transaction activity in Dubai Creek Harbour during Q1 2025 with 162 sales, followed by 151 one-bedroom units and 74 three-bedroom properties. Average prices ranged from AED 1,640,712 for one-bedroom apartments to AED 7,893,689 for four-bedroom units across the reportable segments. Two-bedroom transactions in Dubai Creek Harbour increased 5.0% year-on-year, while three-bedroom sales declined 21.0% and one-bedroom activity fell 6.0% compared to Q1 2024.
Performance by Bedroom Type
Price Insights by Bedroom
| Bedrooms | Avg Price | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| 1 B/R | AED 1,640,712 | +5.7% | 151 | -6% |
| 2 B/R | AED 2,725,942 | +8.8% | 162 | +5% |
| 3 B/R | AED 4,009,670 | +7.8% | 74 | -21% |
| 4 B/R | AED 7,893,689 | +34.9% | 10 | +150% |
| 6 B/R | AED 18,500,000 | N/A | 1 | N/A |
Transaction Distribution by Bedroom
Transaction Volume by Bedroom Type - Q1 2025
| Bedroom Type | Transactions |
|---|---|
| 1 B/R Bed | 151 |
| 2 B/R Bed | 162 |
| 3 B/R Bed | 74 |
| 4 B/R Bed | 10 |
| 6 B/R Bed | 1 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did off-plan primary-market sales of Apartments in Dubai Creek Harbour perform in Q1 2025?
In Q1 2025, off-plan apartment transactions in Dubai Creek Harbour totaled 135 units valued at AED 382,168,367, representing a 62.5% year-on-year decline in transaction count. The off-plan segment accounted for roughly one-quarter of total apartment sales activity in the community during the quarter, with resale transactions reaching 398 units valued at AED 1,083,502,539 over the same period. Primary market sales volume in Dubai Creek Harbour thus remained substantially smaller than secondary market activity in the first three months of 2025.
Rental Summary
Rental Contract Distribution - Q1 2025
Contract Types
Rental Insights by Bedroom
| Bedrooms | Avg Rent | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| 1 B/R | AED 98,672 | +11.3% | 457 | +85% |
| 2 B/R | AED 148,257 | +9.7% | 478 | +77% |
| 3 B/R | AED 208,933 | +9.3% | 171 | +119% |
| 4 B/R | AED 435,476 | +4.3% | 10 | +150% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Dubai Apartments Market Context -- Q1 2025
Dubai's real estate market in Q1 2025 recorded 42,310 sale transactions and 155,219 rental transactions across all communities. Initial sales accounted for 62.6% of total sale transactions, while resale transactions represented 37.4% of the market. In the rental segment, contract renewals comprised 65.8% of all rental transactions in Dubai during Q1 2025, with new rental contracts making up 34.2%. These Dubai-wide figures provide the context for understanding Dubai Creek Harbour Apartments' performance during the quarter.
Dubai Overall Market Context
Dubai Apartments Market Totals - Q1 2025
| Category | Percentage |
|---|---|
| Initial Sale | 62.6% |
| Resale | 37.4% |
| Category | Percentage |
|---|---|
| New | 34.2% |
| Renewal | 65.8% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Frequently Asked Questions
What was the average price per square foot for resale apartments in Dubai Creek Harbour in Q1 2025?
How many resale apartment transactions occurred in Dubai Creek Harbour during Q1 2025?
What was the total transaction value for resale apartments in Dubai Creek Harbour in Q1 2025?
What was the average sale price for a two-bedroom resale apartment in Dubai Creek Harbour in Q1 2025?
What was the average sale price for a three-bedroom resale apartment in Dubai Creek Harbour in Q1 2025?
What percentage of Dubai Creek Harbour apartment transactions in Q1 2025 were for ready properties versus off-plan?
What was the off-plan primary market transaction value for apartments in Dubai Creek Harbour in Q1 2025?
Methodology
The resale market analysis for Dubai Creek Harbour apartments in Q1 2025 draws on transaction data from Property Monitor, which aggregates Dubai Land Department resale registrations for the period January 1 through March 31, 2025. Year-on-year comparisons reference the corresponding quarter in 2024 to isolate seasonal effects and measure like-for-like price and volume changes. Average price per square foot is calculated as total transacted value divided by total transacted area across all qualifying resale deals, while off-plan transaction figures are reported separately to distinguish between secondary market activity and developer primary sales. Readers should note that registration dates may lag actual sale agreement dates by several weeks, meaning transactions recorded in Q1 2025 could reflect agreements finalized in late 2024, which may affect period-to-period comparability during quarters with significant market momentum shifts.
Glossary
- PSF
- Price per square foot. A standardized measure of property value calculated by dividing the total sale price by the total built-up area in square feet.
- Off-plan
- A property purchased directly from a developer before construction is complete, typically sold in phases with payment plans tied to construction milestones.
- Secondary market
- The resale market where properties are sold between private parties rather than purchased directly from the original developer.
- Ready property
- A completed, habitable property where construction is finished and the unit is ready for immediate occupancy or handover.
- Resale
- A transaction where an existing owner sells a property to a new buyer, whether the property originated as off-plan or was previously completed.
- Resale Off-Plan Origin
- A resale transaction involving a property that was originally purchased off-plan but is being sold by the buyer before completion or handover.
- Off-Plan Developer Sale
- The initial sale of a property directly from the developer to the first buyer during the pre-construction or construction phase.
- AED/sqft
- The price per square foot expressed in United Arab Emirates Dirhams, the standard currency unit for Dubai real estate transactions.
- Built-up area
- The total floor area of an apartment including all interior spaces, walls, and sometimes balconies, measured in square feet and used to calculate PSF values.
- Transaction type
- Classification distinguishing between Off-Plan sales of uncompleted properties and Existing property sales of ready or completed units.
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