New Dubai Gate1, Jumeirah Lakes Towers

    Sold Prices · DLD Data

    New Dubai Gate1

    Jumeirah Lakes Towers, Dubai

    AED 1,425

    Avg Price / sqft

    AED 1.0M

    Avg Sale Price

    16

    DLD Sales Recorded

    6.8%

    Est. Gross Yield

    Market snapshot

    New Dubai Gate1 — the numbers

    New Dubai Gate1 is a residential building in Jumeirah Lakes Towers, Dubai. Dubai Land Department records show 16 sales in the building, at an average price of AED 1.0M — around AED 1,425 per square foot.

    Since January 2026, 14 sales completed in New Dubai Gate1, with the average price per square foot moving from AED 2,015 to AED 1,397 (-30.6%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Jumeirah Lakes Towers, a typical unit in New Dubai Gate1 returns an estimated 6.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Jumeirah Lakes Towers.

    Figures are from Dubai Land Department transaction records for New Dubai Gate1; individual units vary by floor, view and finish. Gross yield is estimated against average Jumeirah Lakes Towers residential rents, before service charges.

    Price trend

    Price trend in New Dubai Gate1

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-30.6%

    1,3061,6101,914Jan 26: AED 2,015/sqft · 2 salesJan 26Apr 26: AED 1,328/sqft · 3 salesApr 26Jul 26: AED 1,406/sqft · 2 salesJul 26Aug 26: AED 1,428/sqft · 3 salesAug 26Sep 26: AED 1,205/sqft · 2 salesSep 26Oct 26: AED 1,397/sqft · 2 salesOct 26

    Unit types

    Prices by unit type

    1 Bed

    AED 767K

    AED 1,366/sqft

    9 sales · last 12 months

    2 Bed

    AED 1.0M

    AED 1,251/sqft

    2 sales · last 12 months

    3 Bed

    AED 1.4M

    AED 1,140/sqft

    1 sale · last 12 months

    4 Bed

    AED 3.0M

    AED 1,138/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    05 Oct 2026Sales1450AED 708KAED 1,574
    02 Oct 2026Sales2819AED 1.0MAED 1,221
    28 Sept 2026Sales1922AED 1.0MAED 1,129
    21 Sept 2026Sales2819AED 1.1MAED 1,282
    31 Aug 2026Sales-519AED 905KAED 1,742
    25 Aug 2026Sales1450AED 630KAED 1,402
    14 Aug 2026Sales31,228AED 1.4MAED 1,140
    28 Jul 2026Sales-681AED 1.1MAED 1,586
    03 Jul 2026Sales1775AED 950KAED 1,225
    22 Apr 2026Sales1771AED 625KAED 811
    16 Apr 2026Sales1445AED 700KAED 1,572
    09 Apr 2026Sales1450AED 720KAED 1,602
    30 Mar 2026Sales1484AED 650KAED 1,343
    17 Feb 2026Sales42,658AED 3.0MAED 1,138
    12 Jan 2026Sales1540AED 885KAED 1,640
    07 Jan 2026Sales-586AED 1.4MAED 2,390

    About the area

    New Dubai Gate1 is in JLT

    Jumeirah Lake Towers (JLT) is a prominent mixed-use community in Dubai, developed by a consortium of renowned developers including Seven Tides and MAG Property Development. This dynamic area offers a harmonious blend of residential, commercial, and leisure spaces, characterized by its 26 clusters, each identified by a letter.

    Explore the JLT area guide

    Nearby

    Other buildings in Jumeirah Lakes Towers

    FAQ

    New Dubai Gate1: frequently asked questions

    What is the average price in New Dubai Gate1?

    The average recorded sale price in New Dubai Gate1, Jumeirah Lakes Towers is AED 1.0M, around AED 1,425 per square foot, based on Dubai Land Department transaction data.

    Are prices in New Dubai Gate1 going up or down?

    Average sale prices in New Dubai Gate1 have eased -30.6% per square foot since January 2026, across 14 DLD-recorded sales.

    What rental yield can I expect in New Dubai Gate1?

    Based on average Jumeirah Lakes Towers residential rents against sale prices in the building, a typical unit in New Dubai Gate1 yields roughly 6.8% gross per year, before service charges and fees.

    How many properties have sold in New Dubai Gate1?

    16 sales have been recorded in New Dubai Gate1 according to DLD data.

    Considering New Dubai Gate1?

    Get honest, DLD-backed guidance on pricing, yields and availability in Jumeirah Lakes Towers from Binayah's advisors — no pressure, just the numbers.

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