JLT · Listing

Luxury Studio | City Views | Best Price | Apartment in JLT

AED 589,000

AED 1,454 per sqft

Permit Pending Verification

Luxury Studio | City Views | Best Price | Apartment in JLT

JLT, Dubai
6mo ago
1
Beds
1
Baths
405
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in New Dubai Gate 1, JLT. This 405 sqft property offers excellent value at AED 589,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views52
Reference65efd92f-5bd3-40dc-b4f3-0ea9ac3aad7c

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

JLT Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in JLT
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

New Dubai Gate 1

· JLT
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

8.5/ 10
Great Deal20.4% below market

Priced at AED 1,454/sqft vs market avg of AED 1,827/sqft in JLT. This property is 20% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,454

DLD Market Avg

AED 1,827

Avg

AED 1,147,471

Median

AED 1,239,000

Range

589K–2250K

DLD Benchmark
Property priceAED 589,000
DLD transfer fee (4%)AED 23,560
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,473
Agency commission (2%)AED 11,780
Total to acquireAED 630,013

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 3 rental comparables in JLT

Excellent Yield
Gross Yield
8.07%
Excellent Yield
Net Yield
7.04%
After charges
Estimated Rental Income
Monthly
AED 3,959
Annual
AED 47,512
Service Charge: AED 6,075/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average68.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,752

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 117,800)
5%80%
4.99%
2%8%
Property PriceAED 589,000
Loan AmountAED 471,200
Total InterestAED 354,353
Total Cost (Principal + Interest)AED 825,553

Estimated Upfront Costs

Down PaymentAED 117,800
DLD Registration (4%)AED 23,560
Agency Fee (2%)AED 11,780
Total UpfrontAED 153,140

Recent Apartment Transactions

Similar apartments sold in JLT

AED 1.13M

Avg. Price

AED 1,903.85

Avg. /sqft

5

Transactions

AED 751K27.4% above this listing
29 Mar 2026 1 Bed 419 sqftAED 1,791/sqft
Completed Sale
AED 1.36M130.1% above this listing
28 Jan 2026 1 Bed 733 sqftAED 1,849/sqft
Completed Sale
AED 1.57M166.4% above this listing
28 Jan 2026 1 Bed 718 sqftAED 2,186/sqft
Completed Sale
AED 801K36.1% above this listing
28 Jan 2026 1 Bed 436 sqftAED 1,838/sqft
Completed Sale
AED 1.18M100.7% above this listing
29 Dec 2025 1 Bed 637 sqftAED 1,855/sqft
Completed Sale

Transactions shown are for similar apartments in JLT. Prices may vary based on floor, view, and finishing.

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Comparables

Similar properties nearby

1 BR apartment · JLT

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