2-bed · 1,666 sqftGate Apartments, Mirdif · 3rd floor

6302, Gate Apartments

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6302 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.01M24 April 2024
Current rentAED 75K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6302, Gate Apartments

What is 6302 worth today?

Last sold for AED 1,005,613 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2024RentedRenewal
AED 75,000/yr12 months · AED 45 per sqft
24 Apr 2024SoldReady
AED 1,005,613AED 603 per sqft
21 Jul 2019RentedRenewal
AED 88,000/yr12 months · AED 53 per sqft
21 Jul 2018RentedRenewal
AED 110,000/yr12 months · AED 66 per sqft
21 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
28 Jun 2017SoldReady
AED 750,000AED 450 per sqft
11 Nov 2014Sold by developerReady
AED 1,009,050AED 605 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,666 sqft
Floor
3rd of 3
Parking
B-058
Last sold
AED 1.01M · April 2024

About 6302, Gate Apartments

6302 is a two-bedroom apartment of 1,666 sqft on the 3rd floor of Gate Apartments, a 3-storey tower in Mirdif. It last sold on 24 April 2024 for AED 1,005,613, or AED 603 per sqft, in line with the AED 603 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 75,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 6302 over time

Sales
Unit 6302, each saleTypical two-bed in Gate Apartments
800K1M2014201720202023Typical sale price by year: 2014 AED 909,300; 2015 AED 915,075; 2022 AED 850,000; 2024 AED 1,080,000Sold by developer, November 2014: AED 1,009,050 (AED 605 per sqft)Sold, June 2017: AED 750,000 (AED 450 per sqft)Sold, April 2024: AED 1,005,613 (AED 603 per sqft)

6302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6302, each contractTypical two-bed in Gate Apartments
75K100K125K20142017202020232026Typical rent by year: 2014 AED 100,000; 2015 AED 120,000; 2016 AED 100,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 75,000; 2020 AED 67,500; 2021 AED 65,000; 2022 AED 65,000; 2023 AED 72,500; 2024 AED 75,900; 2025 AED 90,000New contract, July 2017: AED 110,000 a yearRenewal, July 2018: AED 110,000 a yearRenewal, July 2019: AED 88,000 a yearRenewal, May 2024: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Gate Apartments, and where 6302 sits

All 21 2-beds →

6302 last sold in April 2024 at AED 603 per sqft, in line with what two-beds in Gate Apartments were fetching at the time (AED 603). Over the last 12 months two-beds sold for AED 1,180,000, around AED 779 per sqft, and rent for AED 90,000 to 90,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jan 20261,180,000
2 Jun 20251,400,000
13 Dec 20241,100,000
16 Sep 2024810,000
1 2-bed sale in the last 12 months

Gate Apartments

Building

23 apartments, 2-bed over 3 floors in Mirdif. 1 sold in the last 12 months.

Typical price per sqft
AED 779
Typical sale
AED 1.18M
Typical rent
AED 90K /yr
Typical yield
7.0%
Gate Apartments, Mirdif: prices, sales and rents →

Other units on the 3rd floor

All 23 units in Gate Apartments
Value
63012-bedAED 1.1M · Dec 2024
63032-bedAED 850K · Jan 2021
63042-bedAED 964K · Dec 2022
63052-bedAED 970K · Jul 2014
63062-bedAED 970K · Oct 2014
63072-bedAED 998K · Mar 2015
63082-bedAED 1.45M · Nov 2016

6302, Gate Apartments in numbers

  • Sold 3 times: first on 11 November 2014 for AED 1,009,050, last on 24 April 2024 for AED 1,005,613 (AED 603 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 110,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.5%.
  • Two-beds in Gate Apartments sold for AED 1,180,000–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 779 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 6302, Gate Apartments

What did unit 6302 last sell for?

AED 1,005,613 on 24 April 2024: AED 603 per sqft for 1,666 sqft. The unit has 3 registered sales; the first was AED 1,009,050 in November 2014.

What is the rent for unit 6302?

AED 75,000 a year on the contract renewed on 1 May 2024. The previous contract, from July 2019, was AED 88,000; the unit has been rented since July 2017.

How big is unit 6302?

1,666 sqft (154.8 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 6302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Gate Apartments sold for AED 1,180,000 to 1,180,000 in the last 12 months, around AED 779 per sqft.

Selling 6302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 6302, Gate Apartments

Starts from the last sale price (AED 1.01M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,005,613
Deposit, UAE resident (20%)
AED 201,123
Deposit, non-resident (40%)
AED 402,245
Monthly over 25 years at 3.7%
AED 4,114

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →