2-bed · 1,511 sqftGate Apartments, Mirdif · 2nd floor

6202, Gate Apartments

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6202 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 1.08M30 May 2024
Current rentAED 61K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6202, Gate Apartments

What is 6202 worth today?

Last sold for AED 1,080,000 in 2024

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30 May 2024SoldReady
AED 1,080,000AED 714 per sqft
20 Dec 2021RentedRenewal
AED 60,950/yr12 months · AED 40 per sqft
20 Dec 2020RentedNew contract
AED 53,000/yr12 months · AED 35 per sqft
11 Aug 2019RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
11 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
11 Aug 2017RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
11 Aug 2016RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
11 Aug 2015RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
2nd of 3
Parking
B-085
Last sold
AED 1.08M · May 2024

About 6202, Gate Apartments

6202 is a two-bedroom apartment of 1,511 sqft on the 2nd floor of Gate Apartments, a 3-storey tower in Mirdif. It last sold on 30 May 2024 for AED 1,080,000, or AED 714 per sqft, 8% above the AED 659 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 60,950 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 6202 over time

Sales
Unit 6202, each saleTypical two-bed in Gate Apartments
1M1.25M20142017202020232026Typical sale price by year: 2014 AED 909,300; 2015 AED 915,075; 2022 AED 907,000; 2024 AED 1,080,000; 2025 AED 1,400,000Sold by developer, June 2014: AED 920,850 (AED 609 per sqft)Sold, May 2024: AED 1,080,000 (AED 714 per sqft)

6202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6202, each contractTypical two-bed in Gate Apartments
50K100K2014201820222026Typical rent by year: 2014 AED 100,000; 2015 AED 115,000; 2016 AED 100,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 75,000; 2020 AED 67,500; 2021 AED 62,002; 2022 AED 63,000; 2023 AED 71,500; 2024 AED 75,900; 2025 AED 90,000; 2026 AED 85,000New contract, December 2014: AED 90,000 a yearNew contract, August 2015: AED 115,000 a yearNew contract, August 2016: AED 115,000 a yearRenewal, August 2017: AED 100,000 a yearRenewal, August 2018: AED 100,000 a yearRenewal, August 2019: AED 85,000 a yearNew contract, December 2020: AED 53,000 a yearRenewal, December 2021: AED 60,950 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 6202 sits

All 23 2-beds →

6202 last sold in May 2024 at AED 714 per sqft, 8% above what two-beds in Gate Apartments were fetching at the time (AED 659). Over the last 12 months two-beds sold for AED 1,180,000, around AED 779 per sqft, and rent for AED 76,588 to 103,000 a year. 6202's AED 60,950 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jan 20261,180,000
20 Oct 20251,000,000
5 Aug 20251,500,000
2 Jun 20251,400,000
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 85K /yr
Typical yield
7.1%
Gate Apartments, Mirdif: prices, sales and rents →

Other units on the 2nd floor

All 23 units in Gate Apartments
Value
62012-bedAED 909K · Oct 2014
62032-bedAED 1.1M · Mar 2024
62042-bedAED 1M · Oct 2025
62052-bedAED 904K · Oct 2014
62062-bedAED 1.18M · Jan 2026
62072-bedAED 900K · Apr 2021

6202, Gate Apartments in numbers

  • Sold twice: first on 10 June 2014 for AED 920,850, last on 30 May 2024 for AED 1,080,000 (AED 714 per sqft).
  • Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 53,000 in 2020 and recovered to AED 60,950 by December 2021.
  • At AED 60,950 a year the gross yield on the 2024 price is 5.6%.
  • 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 30 May 2024.

Questions about 6202, Gate Apartments

What did unit 6202 last sell for?

AED 1,080,000 on 30 May 2024: AED 714 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 920,850 in June 2014.

What is the rent for unit 6202?

AED 60,950 a year on the contract renewed on 20 December 2021. The previous contract, from December 2020, was AED 53,000; the unit has been rented since December 2014.

How big is unit 6202?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 6202 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.

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Mortgage on 6202, Gate Apartments

Starts from the last sale price (AED 1.08M, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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