New Dubai Gate 2
- Completed 2018
- 446 units
- 37 floors
- 5 lifts
- 174 parking bays
- 1 pool
A 1 bed in New Dubai Gate 2 costs a median AED 1.10M, rents long-let for AED 83,000/yr (7.5% gross), and returns 8.6% short-term at the assumed 70% occupancy.
1 bed · typical price
1.10MAED
AED 1,319/sqft · -2.4% on a year
- Rent a year
- AED 83,000
- Gross yield
- 7.5%
- vs Jumeirah Lake Towers
- 15% below the median
Cost to buy, all inAED 1.17M
- Price
- AED 1.10M
- DLD fee 4%
- AED 44,000
- Agent 2% + VAT
- AED 23,100
- Trustee
- AED 4,200
Fees repaid by rent10 months
Is New Dubai Gate 2 a good investment?Fair on every measure with a record
- Does it pay a good rent?7.5% gross, before the service charge (not on file) (Dubai median 6.8%)7.5%Fair
- Are rents going up?New 1 bed leases: AED 85,000 a year ago, AED 83,000 now (pooled across the project)-2.4%
- Are prices going up?1 bed: AED 1,351/sqft a year ago, 1,319 now-2.4%Fair
- How fast do fees pay back?AED 71,300 in fees to buy a 1 bed; rent covers it in 0.9 years0.9 yrs
- Can I sell easily?31 sales in 12 months, 7% of the tower (53 the year before)31Fair
- Is a lot being built nearby?2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today. A further 5,571 are past their planned date. Jumeirah Lake Towers supply by year →28%Fair
- Did earlier buyers gain?Up 89% for buyers 5 years ago; up 62% for launch buyers, before fees+89.2%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
New Dubai Gate 2 prices and rents by unit typeA one-bed costs about AED 1.10M and rents for about AED 83,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Jumeirah Lake Towers · area median AED 1,544/sqft
- 12-month change
- -2.4%
- 3 years
- +34.0% · +10.3%/yr
- 5 years
- +86.6% · +13.3%/yr
- vs area median
- -14.6%
- Rank by price per sqft
- 42nd of 57
- Off-plan price gain, 2009–2019
- +43.7% · +3.1%/yr
Rental income
1 bed · Jumeirah Lake Towers
- Gross yield
- 7.5%
- Median new rent
- AED 83,000/yr
- Yield vs area median
- +0.7 pts
- Yield vs Dubai (6.8%)
- +0.8 pts
- Yield rank
- 5th of 30
- Renewal rent
- AED 76,500/yr
- New tenants pay vs sitting (42 renewals)
- +8.5%
Short-term income
1 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 505
- Net revenue
- AED 95,037/yr
- vs long-let rent
- 1.1×
- Listings seen
- 28+
Read with care
- Rental data covers the whole New Dubai GATE2 project, not this tower alone.
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, 1 bed: Mar 2009, AED 757,188; latest, Sep 2026, AED 1,280,000; peak, Sep 2026, AED 1,280,000. Rent on new leases: Jan 2012, AED 41,000 a year; latest, Aug 2026, AED 68,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,364 · before fees
- Launch, 2009–19
- 843
- +62%
- 245 sales
- 5 years ago
- 721
- +89%
- 37 sales
- 3 years ago
- 1,018
- +34%
- 70 sales
- Previous 12 months
- 1,356
- +1%
- 53 sales
- Last 12 months
- 1,364
- today
- 31 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.
31 resales in the last 12 months, against 59 a year on average over 2023–2025.
31 resales in the last 12 months.
Short-term rates around New Dubai Gate 2
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 Jumeirah Lake Towers
Every Jumeirah Lake Towers building with a page, ranked by price per sqft over the same 12 months, all unit types. New Dubai Gate 2 places 51st of 67; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against New Dubai Gate 2 (AED 1,364/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, New Dubai Gate 2 has registered sale prices 15% below the Jumeirah Lake Towers median price per square foot of 1,544 AED, across 57 eligible buildings. It ranks 42nd of 57 by price per square foot and 5th of 30 by gross yield in Jumeirah Lake Towers.
Market context in Jumeirah Lake Towers
Registered sales activity
885 ready apartment sales in the 12 months to 2026-10-12.
+2.9% in median AED/sqft versus the preceding year, supported by 885 current and 1,483 prior price observations.
Explore sales activityPlanned apartment projects
1,600 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
8 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,387 apartments are planned in Jumeirah Lake Towers from 2026 to 2028, equal to 28% of the 8,448 homes let there today.
Ready prices per sqft fell in 25% of 68 buildings (counted once per bedroom type) in Jumeirah Lake Towers with sales in both years; the typical one moved +4.7%.
New-lease rents fell in 65% of 55 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
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.
About New Dubai Gate 2
New Dubai Gate 2 is an apartment building completed in 2018 in Jumeirah Lake Towers with 446 registered units. 448 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 37
- Lifts
- 5
- Parking bays
- 174
- Pools
- 1
Drive times · typical
- Downtown
- 22 min · 23 km
- DXB Airport
- 27 min · 36 km
- DIFC
- 18 min · 25 km
- Dubai Marina
- 11 min · 6.9 km
- Palm Jumeirah
- 18 min · 14 km
Nearest, as registered
- Metro
- Jumeirah Lakes Towers
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
New Dubai Gate 2: AED 1,364 per sq ft, 11% below the median Jumeirah Lake Towers building, and a 6.9% gross yield, above 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
- New Dubai Gate 2AED 1,364
- Jumeirah Lake Towers, readyAED 1,443
- Jumeirah Lake Towers, off-planAED 2,940
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
New Dubai Gate 2Jumeirah Lake Towers median building
- Jumeirah Lake Towers6.9% vs 6.5%
Nearby in Jumeirah Lake Towers
Prices per sq ft around New Dubai Gate 2, on the mapPrices per sq ft around New Dubai Gate 2, on the map
Uh East by Ellington
Jumeirah Lake Towers · 57 sales, 12 months
1.76M
AED, resale median · 1,905/sqft
Uh West by Ellington
Jumeirah Lake Towers · 55 sales, 12 months
1.88M
AED, resale median · 1,923/sqft
MBL Royal
Jumeirah Lake Towers · 39 sales, 12 months
2.00M
AED, resale median · 1,954/sqft
Concorde Tower 1
Jumeirah Lake Towers · 34 sales, 12 months
1.08M
AED, resale median · 1,254/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 · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 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 New Dubai Gate 2’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
- 4,891AED
- 4.5% over 25 years
- Monthly rent
- 6,917AED
- AED 83,000 a year
- Cash needed at purchase
- 305,300AED
- 20% down plus AED 85,300 in fees
Owning costs AED 318,424 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 New Dubai Gate 2?
- New Dubai Gate 2 returns 7.5% gross: a median new-contract rent of AED 83,000 a year (78 Ejari contracts in 12 months) over a price benchmark of AED 1.10M (median of 24 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in New Dubai Gate 2 cost?
- The median registered sale price is AED 1.10M (1,319 AED/sqft), from 24 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in New Dubai Gate 2 selling for right now?
- Registered sales of ready units in New Dubai Gate 2 over the last 12 months have a median of 1,319 AED/sqft, across 24 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 New Dubai Gate 2 risen or fallen?
- Median price per square foot moved -2.4% over the last 12 months against the 12 before it, on 24 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does New Dubai Gate 2 compare with Jumeirah Lake Towers?
- Its 7.5% gross yield sits +0.7 pts against the Jumeirah Lake Towers median of 6.8%, 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
Send this page to a client as a branded report
New Dubai Gate 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 24 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/jumeirah-lake-towers/dubai-gate-2
Cite as: Dubai Wealth Index. “New Dubai Gate 2 sale prices and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/dubai-gate-2
Stable dataJSON