Dubai Gate 1 in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Dubai Gate 1

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	114	15,337	1,750,000
4	231	10,168	2,350,000

Rents in Dubai Gate 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	50	1,300	65,000
1	52	1,247	64,769

The cap rate (rental yield) of investments into Dubai Gate 1 project is 10.5% on average.

The price of an apartment in Dubai Gate 1 is 11,877 AED/sqm on average.

The long term rent of an apartment in Dubai Gate 1 is 1,251 AED/sqm/year on average.

Price for completed 2 bedroom apartment in Dubai Gate 1 is 1,750,000 AED or 15,337 AED/sqm.
Price for completed 4 bedroom apartment in Dubai Gate 1 is 2,350,000 AED or 10,168 AED/sqm.

Rent for Studio apartment in Dubai Gate 1 is 65,000 AED or 1,300 AED/sqm.
Rent for 1 bedroom apartment in Dubai Gate 1 is 64,769 AED or 1,247 AED/sqm.

About Dubai Gate 1

'Dubai Gate 1' in 'Jumeirah Lakes Towers' area project description

New Dubai Gate 1 is a new residential development project located in the heart of Dubai, UAE. The project is being developed by Dubai Properties, a leading real estate developer in the region. The project is located in the Al Furjan area, close to the Jebel Ali Free Zone and the Expo 2020 site.

The project consists of two residential towers, each with a height of 35 stories. The towers will offer a total of 1,400 apartments, ranging from studio, one, two and three-bedroom units. The apartments will be equipped with modern amenities, such as high-speed internet, air conditioning, and state-of-the-art security systems.

The project also includes a number of amenities, such as a swimming pool, a gym, a spa, a children’s play area, and a retail area. The project will also feature a variety of restaurants, cafes, and shops. The project also includes a number of green spaces, such as landscaped gardens and walking paths.

The project is expected to be completed in 2021. It is expected to be a great addition to the Al Furjan area, as it will provide residents with a modern and luxurious lifestyle. The project is also expected to be a great investment opportunity, as it is located in a prime location close to the Jebel Ali Free Zone and the Expo 2020 site.

New Dubai Gate 1 is an exciting new project that will provide residents with a luxurious lifestyle in the heart of Dubai. The project is expected to be completed in 2021, and will provide residents with a modern and luxurious lifestyle. The project is also expected to be a great investment opportunity, as it is located in a prime location close to the Jebel Ali Free Zone and the Expo 2020 site.

Q&A on Dubai Gate 1

What are the advantages of 'Dubai Gate 1' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The New Dubai Gate1 project is located in the heart of Dubai, offering easy access to the city’s major attractions and amenities.

2. Affordable Prices: The project offers competitively priced units, making it an attractive option for real estate buyers.

3. Quality Construction: The project is built to the highest standards, ensuring that buyers can enjoy a quality living experience.

4. Luxury Amenities: The project offers a range of luxury amenities, such as swimming pools, gyms, and other recreational facilities.

5. High Rental Yields: The project offers attractive rental yields, making it a great investment option for real estate buyers.

What projects are better than 'Dubai Gate 1' project in Dubai which are located close by, and why?

Armada Towers: Offers a mix of residential, commercial, and office spaces. High-quality finishes, extensive retail areas, and easy access to the metro enhance the living experience.

Almas Tower: A landmark in Jumeirah Lakes Towers (JLT), primarily an office tower but features some high-end residential units. Proximity to Dubai Marina, direct metro access, and top-notch amenities make it appealing.

Lake Shore Tower: Known for larger apartment sizes, a wide range of amenities including swimming pools, gym facilities, and beautiful lake views. Residents appreciate the spacious layouts and high-quality finishes.

Green Lakes Towers: Premium finishes, upgraded interiors, and superior amenities. Close to the metro and offers stunning views of the golf course and lakes, adding to the overall quality of life.

Bonnington Tower: High-end hotel residences with excellent service levels, fine dining options onsite, and luxurious amenities like an infinity pool and a business lounge.

Saba Towers: Known for spacious apartments, high-quality construction, and proximity to commercial facilities within JLT. Offers good returns on investment due to its popularity.

Cluster T (Lake Point Tower, LIWA Heights): Offers a variety of spacious apartments with lake and sea views. It’s well-positioned with easy access to Sheikh Zayed Road and close to numerous amenities.

All these projects provide better overall value compared to Dubai Gate 1 in terms of location, amenities, access to transportation, and neighborhood facilities.

What are the closest schools to 'Dubai Gate 1' project in Dubai?

Dubai Gate 1 in Jumeirah Lakes Towers (JLT) has several schools in its vicinity:

- Emirates International School Meadows: Located in The Meadows, about a 10-minute drive from JLT.
- Dubai British School: Situated in The Springs, roughly a 12-minute drive from the JLT area.
- International School of Choueifat: Located in Dubai Investment Park, approximately 15-minute drive from JLT.
- GEMS World Academy: Found in Al Barsha South, around a 20-minute drive from JLT.

These schools offer a variety of curriculums including British, American, and International Baccalaureate, catering to different educational needs.

What are the closest medical clinics to 'Dubai Gate 1' project in Dubai?

- Mediclinic Dubai Marina: Located in Al Thanya Street off Sheikh Zayed Road, Dubai Marina, less than a 10-minute drive from Dubai Gate 1.
- iCare Clinics: Situated in Dubai Marina, Marina Walk, a short drive from Dubai Gate 1.
- Armada Medical Centre: Located in Armada Tower, Jumeirah Lakes Towers, very close to Dubai Gate 1.
- DRHC - Dubai Healthcare City: Located in Jumeirah Lakes Towers, close to the Marina area.
- Life Medical Center JLT: Situated in Jumeirah Bay X3 Tower, Cluster X, Jumeirah Lakes Towers.