What does a studio cost here?
Not enough deals yet
Only 7 sold here in the last year, too few for a fair range. Across Jumeirah Lake Towers, a studio resells for about AED 760k.
Prices and rents at New Dubai Gate2
What does a studio rent for?
AED 51k a year
Based on 25 new leases here in the last 3 months.
What should you pay for a 1-bedroom?
AED 1.1M
That's the typical price. 12 of the 23 1-bedrooms resold here in the last year went for AED 1.07M to AED 1.18M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
What should you offer first?
AED 1.07M
6 of the 23 1-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
- Across Jumeirah Lake Towers126 recent resalesDown 3%
What will it really cost you?
Based on the typical 1-bedroom here at AED 1.1M, and renting a 1-bedroom here for AED 80k a year.
The mortgage is AED 1,776 a month less than renting.
Before service charges and any change in price.
Owning: mortgage each monthAED 4,891
Renting a 1-bedroom hereAED 6,667
Cash you need
AED 297k
- Down paymentAED 220,000
- DLD transfer feeAED 44,580
- Agency feeAED 23,100
- Trustee, mortgage and valuationAED 9,690
Over 5 years, buying costs about AED 264k in fees and interest. Renting costs about AED 400k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
What would it earn as a rental?
7.3%
A year's rent, about AED 80k, as a share of the price, before service charges. 1-bedrooms across Jumeirah Lake Towers earn 7.1%.
AED 1.1Mprice→AED 80kyearly rent=7.3%return
Will it be easy to sell later?
2 a month
That's how often a 1-bedroom resells here. The building has about as many resales as the typical similar building nearby.
Are prices rising or falling?
No clear move
Only 4 resales in the building in the last 3 months, too few to call a direction.
Oct 2024Oct 2026
Do bigger 1-bedrooms cost more?
Each dot is a 1-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 902. Dots well above the line sold for more than their size explains, so ask what made them worth it.
How does it compare with its neighbours?
0 of the 3 others
in Jumeirah Lake Towers earn a higher return than New Dubai Gate2. Across the building as a whole it costs AED 1,409 per sq ft and earns 7.7%. The typical building in Jumeirah Lake Towers costs AED 1,451 per sq ft and earns 7.2%.
New Dubai Gate2Cheaper and earns morePricier and earns lessOther buildings
Is your rent fair?
AED 51k a year
That's the typical new studio rent here. Of the 25 new leases in the last 3 months, 22 signed for AED 45k to AED 60k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
How much choice do you have?
2 a week
That's how often a new studio lease is signed here, from 25 new leases in the last 3 months.
Is your rent fair?
AED 80k a year
That's the typical new 1-bedroom rent here. Of the 35 new leases in the last 3 months, 21 signed for AED 71k to AED 90k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
Renewing? Ask for this.
AED 80k
Renewing tenants here pay about AED 90k. New tenants pay AED 10k less for the same 1-bedroom, so ask to match them.
- Renewing tenants payAED 90k
- New tenants payAED 80k
Hi, I'd love to renew. In the last 3 months, 35 new 1-bedroom leases in New Dubai Gate2 have been registered with the Dubai Land Department, at about AED 80,000 a year. Could we renew at that rate?
Are rents going up or down?
No clear move
Only 26 new 1-bedroom leases in January to March 2026, too few to call a direction.
JanOct
How much choice do you have?
3 a week
That's how often a new 1-bedroom lease is signed here, from 35 new leases in the last 3 months.
What if you bought instead?
14 years
of rent at AED 80k equals the typical 1-bedroom price, AED 1.1M, before fees and service charges.
Could you buy for what you pay in rent?
You'd pay about AED 80k a year to rent a 1-bedroom here. Here's what owning a 1-bedroom here would cost each month, and the cash you'd need first.
Cash you'd need to buy
AED 297kthen AED 4,891 a month
- Down paymentAED 220,000
- DLD transfer feeAED 44,580
- Agency feeAED 23,100
- Trustee, mortgage and valuationAED 9,690
Owning: mortgage each monthAED 4,891
Renting a 1-bedroom hereAED 6,667
Owning would cost you AED 1,776 a month less than renting, before service charges, once you've put down AED 297k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
Where else could you rent for less?
2 buildings
nearby sign new 1-bedroom leases under AED 80k. Here's the typical rent at each building over the last 3 months.
- Lake City TowerAED 67k31 leases
- Concorde TowerAED 68k48 leases
- New Dubai Gate2AED 80k35 leases
- Mbl ResidenceAED 90k57 leases
Do renewing tenants pay more?
Most months, yes
The shaded gap is the difference between what renewing and new tenants pay. Our lease records start in January 2026.
New 1-bedroom leasesRenewalsGap between them
What does a studio cost here?
Not enough deals yet
Only 7 sold here in the last year, too few for a fair range. Across Jumeirah Lake Towers, a studio resells for about AED 760k.
What does a studio rent for?
AED 51k a year
Based on 25 new leases here in the last 3 months.
What would your 1-bedroom sell for?
Move the slider to your size.
AED 1.1M
Apartments this size here usually sell for AED 1.01M to AED 1.26M.
What rent should you ask?
AED 80k
That's the typical new 1-bedroom rent here. 5 of the 35 new leases paid over AED 90k. Ask more if yours is high up or upgraded.
AED 71kAED 90k
If you sold today, what would you walk away with?
Start from the typical 1-bedroom price here, AED 1.1M. Enter what's left on your mortgage to see what reaches your account.
You'd walk away with about
AED 1.1M
- Yours to keepAED 1,100,000
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
How has your value changed?
No clear move
Only 4 resales in the building in the last 3 months, too few to call a direction.
If you sell, how quickly?
2 a month
1-bedrooms resell here at about this pace. The latest 3:
- 30 Oct754 sq ftAED 788k
- 10 Sep888 sq ftAED 1.49M
- 6 Aug962 sq ftAED 1.07M
Is it earning its keep?
7.3%
That's a year's rent against today's price, before costs. 1-bedrooms across Jumeirah Lake Towers earn 7.1%.
How have prices moved since 2024?
Each month's price per sq ft, from resales. Across Jumeirah Lake Towers, prices are down 3% on a year ago.
3-month averageOne month (bigger: more sales)Jumeirah Lake Towers
Similar buildings
Lake City Tower
Concorde Tower
Mbl Royal
Mbl Residence
Questions people ask
Quick answers, from the same deals as the rest of this page.
How much is a 1-bedroom in New Dubai Gate2?
About AED 1.1M on resale; 12 of 23 sold for AED 1.07M to AED 1.18M.
How much is rent for a 1-bedroom in New Dubai Gate2?
About AED 80k a year on a new lease and AED 90k on a renewal.
What is the rental yield at New Dubai Gate2?
About 7.3% gross on a 1-bedroom, before service charges.
Is New Dubai Gate2 easy to resell?
About the same as the typical similar building: 30 resales in 12 months.