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
Listed 138 days 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
Views48
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

Deal Scoreâ„¢

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.

Price per sqft comparisonJLT · 1 BR apartment
AskingAED 1,454/sqft
DLD Market AvgAED 1,827/sqft

Price Transparency

Estimate
This listing
AED 1,454/sqft
Area benchmark unavailable
Asking priceAED 589,000
DLD transfer fee (4%)AED 23,560
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,394
Agency commission (2%)AED 11,780
Est. total transaction costAED 629,934

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Excellent Deal

Exceptional Value - 19% Below Market!

This property is priced significantly below the JLT average of AED 1800/sqft. You could save AED 140,130 compared to market rate.

Price per sqft comparisonJLT · 1 BR apartment
This PropertyAED 1,454/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

5

Similar apartment in JLT
Avg: AED 1.4MPSF: AED 1,704Range: AED 815K – AED 2.2M

PropertyIndex.ae • Updated 2026-02-22

JLT Market Intelligence

Full Report
Avg Price/SqftAED 1,645
Active Listings78
Trendstable
Price History (per sqft)
AED 1,719
Dec
AED 1,605
Jan
AED 1,624
Feb
AED 1,639
Mar

Average Price per Sqft by Month

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

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).

Recent Apartment Transactions

Similar apartments sold in JLT

AED 1.16M

Avg. Price

AED 1,981.88

Avg. /sqft

5

Transactions

AED 1.04M77.2% higher
16 Mar 2026 1 Bed 637 sqftAED 1,638/sqft
Completed Sale
AED 929K57.8% higher
14 Feb 2026 1 Bed 419 sqftAED 2,218/sqft
Completed Sale
AED 830K41.0% higher
14 Feb 2026 1 Bed 436 sqftAED 1,904/sqft
Completed Sale
AED 1.67M183.0% higher
16 Dec 2025 1 Bed 733 sqftAED 2,274/sqft
Completed Sale
AED 1.35M128.6% higher
16 Nov 2025 1 Bed 718 sqftAED 1,875/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in JLT