Studio · 477 sqftGateway West 1, Dubai Investment Park First · 4th floor

407, Gateway West 1

Sold prices and rental history: sold once, by the developer in February 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 3 February 2010
Last soldAED 654K3 February 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Gateway West 1

What is 407 worth today?

Last sold for AED 653,607 in 2010

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3 Feb 2010Sold by developerOff-plan
AED 653,607AED 1,369 per sqft

Source: Dubai Land Department. Updated 3 February 2010.

Key facts

Type
Studio apartment
Size
477 sqft
Floor
4th of 5
Parking
nan
Last sold
AED 654K · February 2010

About 407, Gateway West 1

407 is a studio of 477 sqft on the 4th floor of Gateway West 1, a 5-storey tower in Dubai Investment Park First. The developer sold it on 3 February 2010 for AED 653,607, or AED 1,369 per sqft, 4% above the AED 1,322 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Studios in Gateway West 1, and where 407 sits

All 36 studios →

407 last sold in February 2010 at AED 1,369 per sqft, 4% above what studios in Gateway West 1 were fetching at the time (AED 1,322).

Recent studio salesUnit no.Price (AED)Summary
4 Feb 2010595,907
3 Feb 2010591,306
3 Feb 2010582,288
3 Feb 2010541,306
0 studio sales in the last 12 months

Gateway West 1

Building

55 apartments, studios to 3-bed over 5 floors in Dubai Investment Park First. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Gateway West 1, Dubai Investment Park First: prices, sales and rents →

Other units on the 4th floor

All 55 units in Gateway West 1
Value
401StudioAED 663K · Feb 2010
4021-bedAED 964K · Feb 2010
403StudioAED 620K · Feb 2010
4042-bedAED 2.1M · Feb 2010
405StudioAED 599K · Feb 2010
406StudioAED 607K · Feb 2010
4081-bedAED 959K · Feb 2010
1–7 of 11

407, Gateway West 1 in numbers

  • Sold once: by the developer on 3 February 2010 for AED 653,607, or AED 1,369 per sqft.

Source: Dubai Land Department. Updated 3 February 2010.

Questions about 407, Gateway West 1

What did unit 407 last sell for?

AED 653,607 on 3 February 2010, sold by the developer: AED 1,369 per sqft for 477 sqft. It is the only registered sale of the unit.

How big is unit 407?

477 sqft (44.3 sqm): a studio on the 4th floor of a 5-storey tower.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 407, Gateway West 1

Starts from the last sale price (AED 654K, 3 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 653,607
Deposit, UAE resident (20%)
AED 130,721
Deposit, non-resident (40%)
AED 261,443
Monthly over 25 years at 3.7%
AED 2,674

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