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

6203, Gate Apartments

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6203 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 1.1M12 March 2024
Current rentAED 80K /yr13 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6203, Gate Apartments

What is 6203 worth today?

Last sold for AED 1,100,000 in 2024

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13 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
12 Mar 2024SoldReady
AED 1,100,000AED 727 per sqft
25 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
15 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 46 per sqft
15 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
15 May 2017RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
15 May 2016RentedNew contract
AED 122,000/yr12 months · AED 81 per sqft
1 Oct 2015RentedNew contract
AED 140,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
2nd of 3
Parking
B-086
Last sold
AED 1.1M · March 2024

About 6203, Gate Apartments

6203 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 12 March 2024 for AED 1,100,000, or AED 727 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 13 March 2024, is AED 80,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 6203 over time

Sales
Unit 6203, 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, November 2014: AED 904,050 (AED 598 per sqft)Sold, March 2024: AED 1,100,000 (AED 727 per sqft)

6203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6203, each contractTypical two-bed in Gate Apartments
50K100K150K2014201820222026Typical 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, October 2015: AED 140,000 a yearNew contract, May 2016: AED 122,000 a yearRenewal, May 2017: AED 115,000 a yearNew contract, December 2018: AED 85,000 a yearNew contract, December 2021: AED 70,000 a yearNew contract, February 2023: AED 80,000 a yearNew contract, March 2024: AED 80,000 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 6203 sits

All 23 2-beds →

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. 6203's AED 80,000 is in the lower half 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
62022-bedAED 1.08M · May 2024
62042-bedAED 1M · Oct 2025
62052-bedAED 904K · Oct 2014
62062-bedAED 1.18M · Jan 2026
62072-bedAED 900K · Apr 2021

6203, Gate Apartments in numbers

  • Sold twice: first on 16 November 2014 for AED 904,050, last on 12 March 2024 for AED 1,100,000 (AED 727 per sqft).
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 70,000 in 2021 and recovered to AED 80,000 by March 2024.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.3%.
  • 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 13 March 2024.

Questions about 6203, Gate Apartments

What did unit 6203 last sell for?

AED 1,100,000 on 12 March 2024: AED 727 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 904,050 in November 2014.

What is the rent for unit 6203?

AED 80,000 a year on the contract signed on 13 March 2024. The previous contract, from February 2023, was AED 80,000; the unit has been rented since October 2015.

How big is unit 6203?

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

What is unit 6203 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 6203, Gate Apartments

Starts from the last sale price (AED 1.1M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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