17 Icon Bay
- Completed 2022
- Master developer The Lagoons Phase One
A 2 bed in 17 Icon Bay costs a median AED 2.42M, rents long-let for AED 135,000/yr (5.6% gross), and returns 9.2% short-term at the assumed 70% occupancy.
2 bed · typical price
2.42MAED
AED 2,179/sqft · -2.5% on a year
- Rent a year
- AED 135,000
- Yield after service charge
- 4.7%
- vs Dubai Creek Harbour
- 5% below the median
Cost to buy, all inAED 2.58M
- Price
- AED 2.42M
- DLD fee 4%
- AED 97,000
- Agent 2% + VAT
- AED 50,925
- Trustee
- AED 4,200
Fees repaid by net rent16 months
Is 17 Icon Bay a good investment?Little new supply nearby; the rent pays below the Dubai median
- Does it pay a good rent?5.6% gross, 4.7% after the service charge (Dubai median 6.8%)5.6%Watch
- Are rents going up?New 2 bed leases: AED 135,000 a year ago, AED 135,000 now0.0%Fair
- Are prices going up?2 bed: AED 2,234/sqft a year ago, 2,179 now-2.5%Fair
- How fast do fees pay back?AED 152,125 in fees to buy a 2 bed; net rent covers it in 1.3 years1.3 yrsFair
- Can I sell easily?27 sales in 12 months (30 the year before)27
- Is a lot being built nearby?905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today. Dubai Creek Harbour supply by year →15%Strength
- Did earlier buyers gain?Up 12% for buyers 5 years ago; up 47% for launch buyers, before fees+12.2%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
17 Icon Bay prices and rents by unit typeA two-bed costs about AED 2.42M and rents for about AED 135,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Dubai Creek Harbour · area median AED 2,301/sqft
- 12-month change
- -2.5%
- 3 years
- +23.2% · +7.2%/yr
- 5 years
- +41.2% · +7.1%/yr
- vs area median
- -5.3%
- Rank by price per sqft
- 62nd of 76
- Off-plan price gain, 2017–2022
- +49.9% · +6.4%/yr
Rental income
2 bed · Dubai Creek Harbour
- Gross yield
- 5.6%
- Median new rent
- AED 135,000/yr
- Yield vs area median
- +0.2 pts
- Yield vs Dubai (6.8%)
- -1.2 pts
- Yield rank
- 21st of 59
- Renewal rent
- AED 130,000/yr
- New tenants pay vs sitting (55 renewals)
- +3.9%
Short-term income
2 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 1,122
- Net revenue
- AED 223,567/yr
- vs long-let rent
- 1.7×
- Listings seen
- 2+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 2 bed: Oct 2017, AED 1,572,388; latest, Oct 2026, AED 2,450,000; peak, Jul 2026, AED 2,680,000. Rent on new leases: Dec 2022, AED 115,000 a year; latest, Oct 2026, AED 122,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,157 · before fees
- Launch, 2017–23
- 1,472
- +47%
- 135 sales
- 5 years ago
- 1,923
- +12%
- 48 sales
- 3 years ago
- 1,768
- +22%
- 92 sales
- Previous 12 months
- 2,208
- −2%
- 30 sales
- Last 12 months
- 2,157
- today
- 27 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
27 resales in the last 12 months, against 54 a year on average over 2023–2025.
27 resales in the last 12 months.
Short-term rates around 17 Icon Bay
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Creek Harbour
Every Dubai Creek Harbour building with a page, ranked by price per sqft over the same 12 months, all unit types. 17 Icon Bay places 90th of 104; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against 17 Icon Bay (AED 2,157/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, 17 Icon Bay has registered sale prices 5% below the Dubai Creek Harbour median price per square foot of 2,301 AED, across 76 eligible buildings. It ranks 62nd of 76 by price per square foot and 21st of 59 by gross yield in Dubai Creek Harbour.
Market context in Dubai Creek Harbour
Registered sales activity
1,285 ready apartment sales in the 12 months to 2026-10-12.
+2.5% in median AED/sqft versus the preceding year, supported by 1,285 current and 1,419 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 4 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today.
Ready prices per sqft fell in 27% of 63 buildings (counted once per bedroom type) in Dubai Creek Harbour with sales in both years; the typical one moved +2.7%.
New-lease rents fell in 44% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The 17 Icon Bay towers
2 towers in 17 Icon Bay, at the bedroom type above.
Dubai Creek Harbour: every development at this typeDubai Creek Harbour: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About 17 Icon Bay
17 Icon Bay is an apartment building completed in 2022 by The Lagoons Phase One in Dubai Creek Harbour. 521 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 19.71/sqft a year · 2026 budget
- Master developer
- The Lagoons Phase One
Drive times · typical
- Downtown
- 17 min · 12 km
- DXB Airport
- 12 min · 7.0 km
- DIFC
- 14 min · 15 km
- Dubai Marina
- 25 min · 30 km
- Palm Jumeirah
- 31 min · 34 km
Nearest, as registered
- Metro
- Creek Metro Station
- Mall
- City Centre Mirdif
- Landmark
- Dubai International Airport
17 Icon Bay: AED 2,157 per sq ft, 6% below the median Dubai Creek Harbour building, and a 5.0% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- 17 Icon BayAED 2,157
- Dubai Creek Harbour, readyAED 2,348
- Dubai Creek Harbour, off-planAED 2,616
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
17 Icon BayDubai Creek Harbour median building
- Dubai Creek Harbour5.0% vs 5.3%
More from The Lagoons Phase One
The Grand
Dubai Creek Harbour · 85 sales, 12 months
3.26M
AED, resale median · 2,754/sqft
Palace Residences - North
Dubai Creek Harbour · 81 sales, 12 months
2.55M
AED, resale median · 2,649/sqft
Creek Palace
Dubai Creek Harbour · 47 sales, 12 months
3.08M
AED, resale median · 2,765/sqft
Creek Waters
Dubai Creek Harbour · 46 sales, 12 months
2.69M
AED, resale median · 2,348/sqft
Nearby in Dubai Creek Harbour
Prices per sq ft around 17 Icon Bay, on the mapPrices per sq ft around 17 Icon Bay, on the map
The Bay
Dubai Creek Harbour · 3 sales, 12 months
2.00M
AED, resale median · 1,495/sqft
The Grand
Dubai Creek Harbour · 85 sales, 12 months
3.26M
AED, resale median · 2,754/sqft
Palace Residences - North
Dubai Creek Harbour · 81 sales, 12 months
2.55M
AED, resale median · 2,649/sqft
Creek Beach - Moor Building 4
Dubai Creek Harbour · 50 sales, 12 months
2.40M
AED, resale median · 2,294/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedOn record
- Service chargeAED 19.71/sqft a year, 2026 owners-association budget; 4.7% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from 17 Icon Bay’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 10,783AED
- 4.5% over 25 years
- Monthly rent
- 11,250AED
- AED 135,000 a year
- Cash needed at purchase
- 664,375AED
- 20% down plus AED 179,375 in fees
Owning costs AED 455,940 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in 17 Icon Bay?
- 17 Icon Bay returns 5.6% gross: a median new-contract rent of AED 135,000 a year (55 Ejari contracts in 12 months) over a price benchmark of AED 2.42M (median of 12 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in 17 Icon Bay cost?
- The median registered sale price is AED 2.42M (2,179 AED/sqft), from 12 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in 17 Icon Bay selling for right now?
- Registered sales of ready units in 17 Icon Bay over the last 12 months have a median of 2,179 AED/sqft, across 12 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in 17 Icon Bay risen or fallen?
- Median price per square foot moved -2.5% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does 17 Icon Bay compare with Dubai Creek Harbour?
- Its 5.6% gross yield sits +0.2 pts against the Dubai Creek Harbour median of 5.4%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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17 Icon Bay sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 12 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/dubai-creek-harbour/17-icon-bay
Cite as: Dubai Wealth Index. “17 Icon Bay sale prices and yield.” Dubai Creek Harbour, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-creek-harbour/17-icon-bay
Stable dataJSON