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Dubai Creek Harbour vs Downtown Dubai (Dubai)

Dubai Creek Harbour: Emaar's large waterfront development on Dubai Creek next to the Ras Al Khor wildlife sanctuary, mainly new high-rise apartments with a high off-plan share.

Downtown Dubai: The city centre around Burj Khalifa and The Dubai Mall: Emaar's high-end apartment towers and Dubai's flagship prime district, with strong tourist and short-let demand.

In short: Dubai Creek Harbour for a lower price per sq ft, price momentum and yield (as of the data date; individual properties vary widely).

Price level: the three-month median is AED 2,515 per sq ft in Dubai Creek Harbour and AED 2,697 in Downtown Dubai. Downtown Dubai is 7% more expensive.

For 1BR units: AED 2,605 vs 2,654 per sq ft (last 12 months).

Trend: the mix-adjusted price index is -3.3% year on year in Dubai Creek Harbour and -5.2% in Downtown Dubai (-2.5% / -3.3% over three months). Dubai Creek Harbour is stronger.

Activity: 765 residential sales in Dubai Creek Harbour over three months (-30% y/y) vs 527 in Downtown Dubai (-34% y/y); off-plan share 68% vs 19%.

Yield: indicative gross yield 4.9% in Dubai Creek Harbour and 4.6% in Downtown Dubai.

Supply: completions due within 12 months — Dubai Creek Harbour none registered, Downtown Dubai 10,496 units (5.0×).

Market phase: Dubai Creek Harbour correction (stress 34.5), Downtown Dubai correction (stress 43.4).

Dubai Creek HarbourDowntown Dubai
AED / sq ft (3-month median)2,5152,697
Price, year on year-3.3%-5.2%
Price, 3 months-2.5%-3.3%
Sales (3 months)765527
Sales, year on year-30%-34%
Off-plan share68%19%
Gross yield4.9%4.6%
Phasecorrectioncorrection
Stress34.543.4
Mix-adjusted price index (each area's start = 100)95.0100.0105.02025-042025-072025-102026-012026-042026-072026-09
Dubai Creek HarbourDowntown Dubai
Median price, AED per sq ft (monthly)2,5003,0003,5002024-012024-062024-112025-042025-092026-022026-072026-10
Dubai Creek HarbourDowntown Dubai

Data as of 2026-10-11. The price index compares like-for-like sales (same project and unit type). Area detail: Dubai Creek Harbour · Downtown Dubai.

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Sources: Dubai Land Department (DLD Open Data; Dubai sales before 2026 via the CC BY 4.0 republication by Dubai Real Estate Data, dubairealestatedata.com), Ejari rent contracts, Abu Dhabi Real Estate Centre (ADREC), FRED, New York Fed, US Treasury. Residential (apartment and villa) sales only; cells with fewer than 5 sales are hidden. Information only, not investment advice.