2-bed · 1,678 sqftGate Apartments, Mirdif · 3rd floor

6307, Gate Apartments

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6307 · DLD and Ejari recordsUpdated 26 May 2019
Last soldAED 998K12 March 2015
Current rentAED 85K /yr26 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6307, Gate Apartments

What is 6307 worth today?

Last sold for AED 997,500 in 2015

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26 May 2019RentedNew contract
AED 85,000/yr12 months · AED 51 per sqft
20 Jan 2018RentedNew contract
AED 100,000/yr12 months · AED 60 per sqft
20 Jan 2017RentedRenewal
AED 120,000/yr12 months · AED 71 per sqft
20 Jan 2016RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
12 Mar 2015Sold by developerReady
AED 997,500AED 594 per sqft

Source: Dubai Land Department. Updated 26 May 2019.

Key facts

Type
2-bed apartment
Size
1,678 sqft
Floor
3rd of 3
Parking
B-047
Last sold
AED 998K · March 2015

About 6307, Gate Apartments

6307 is a two-bedroom apartment of 1,678 sqft on the 3rd floor of Gate Apartments, a 3-storey tower in Mirdif. The developer sold it on 12 March 2015 for AED 997,500, or AED 594 per sqft, in line with the AED 598 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 26 May 2019, is AED 85,000 a year: a gross yield of 8.5% on the 2015 price.

Sales and rents for 6307 over time

Sales
Unit 6307, 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, March 2015: AED 997,500 (AED 594 per sqft)

6307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6307, each contractTypical two-bed in Gate Apartments
100K2014201820222026Typical 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, January 2016: AED 120,000 a yearRenewal, January 2017: AED 120,000 a yearNew contract, January 2018: AED 100,000 a yearNew contract, May 2019: AED 85,000 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 6307 sits

All 23 2-beds →

6307 last sold in March 2015 at AED 594 per sqft, in line with what two-beds in Gate Apartments were fetching at the time (AED 598). 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. 6307's AED 85,000 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 3rd floor

All 23 units in Gate Apartments
Value
63012-bedAED 1.1M · Dec 2024
63022-bedAED 1.01M · Apr 2024
63032-bedAED 850K · Jan 2021
63042-bedAED 964K · Dec 2022
63052-bedAED 970K · Jul 2014
63062-bedAED 970K · Oct 2014
63082-bedAED 1.45M · Nov 2016

6307, Gate Apartments in numbers

  • Sold once: by the developer on 12 March 2015 for AED 997,500, or AED 594 per sqft.
  • Rented since January 2016 on 4 Ejari contracts, from AED 120,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2015 price is 8.5%.
  • 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 26 May 2019.

Questions about 6307, Gate Apartments

What did unit 6307 last sell for?

AED 997,500 on 12 March 2015, sold by the developer: AED 594 per sqft for 1,678 sqft. It is the only registered sale of the unit.

What is the rent for unit 6307?

AED 85,000 a year on the contract signed on 26 May 2019. The previous contract, from January 2018, was AED 100,000; the unit has been rented since January 2016.

How big is unit 6307?

1,678 sqft (155.9 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower.

What is unit 6307 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 6307, Gate Apartments

Starts from the last sale price (AED 998K, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 997,500
Deposit, UAE resident (20%)
AED 199,500
Deposit, non-resident (40%)
AED 399,000
Monthly over 25 years at 3.7%
AED 4,081

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