Residential Insights
New Dubai Gate 1
3.6/518 building reviews
Price Range:650K - 1.5M AED
Verified
1,200,000 AED
Own this from just
5,035 AED/month2 Bedrooms
2 Bathrooms
734 sqft / 68 sqm
Custom Made | Brand New | Two Bedroom
Property Type:
Apartment
Service Charges:
15.88 AED per sqft
Location
New Dubai Gate 1
Dubai, Jumeirah Lake Towers, Lake Elucio
Agent
Christian Leaver
Edwards and Towers Real Estate Brokers
(315 Properties)
Description
- Fully furnished
- High ROI opportunity
- Mid Floor
- Amazing views
- Vacant
- Motivated seller
- Bright apartment
- Access to state-of-the-art gymnasium
- Access to swimming pool
New Dubai Gate 1 is located in Cluster Q in Jumeirah Lake Towers. This particular apartment is located on a high floor and has fantastic views of the marina and skyline. The apartment has been fully upgraded to a high modern standard and the apartment can also be sold fully furnished.
The apartment is currently rented on a short term rental basis and is generating over 15% net returns. The apartment can either be sold vacant on transfer or the short term rental can be continued.
For further details please do not hesitate to contact the agent.
E & T Real Estate has been trading in United Arab Emirates since 2004. Our services include Residential Sales & Leasing, Commercial Sales & Leasing, Property Management, and RICS Valuations.
Transactions for Similar Properties
2 Beds Apartment in New Dubai Gate 1
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 29 May 2024 | 1,600,000 | 1,228 |
| 10 Oct 2023 | 950,000 | 1,228 |
| 16 Aug 2023 | 1,000,000 | 1,228 |
| 7 Aug 2023 | 966,708 | 1,228 |
| 7 Jul 2023 | 770,000 | 819 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 25 Jun 2024 | 125,000 | 1,228 |
| 27 May 2024 | 96,600 | 1,228 |
| 1 May 2024 | 65,000 | 921 |
| 11 Mar 2024 | 88,000 | 819 |
| 27 Dec 2023 | 713,000 | 819 |
Powered byDataGuru
This property costs 44% less than the average price of 2 bedroom in Jumeirah Lake Towers
Average Sale Price is 2,129,567 AED
This property is 47% smaller than the average size of 2 bedroom in Jumeirah Lake Towers
Average size is 1,379 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Jumeirah Lake Towers
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
5,035 AED
with interest rate of
3.94%
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Regulatory information
Regulatory information
Reference
EANDT-S-962
Listed
2 months ago
Broker ORN
193
Zone name
Al Thanyah Fifth
DLD Permit Number:
7123973700
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Own this property from just
5,035 AED /month
Fixed rates from: 3.94%
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