−9% The Gate Tower 1
2 BR · Apartment · 3 bathrooms
Price history
Listed since 7 September 2026. The price has been cut once — dates and figures from the listing itself.
- 26 September 2026 AED 2 200 000
- 9 October 2026 AED 2 000 000 -9%
Questions and answers about lot NP12-489152
How much is this 2-bedroom apartment in The Gate Tower 1?
Lot NP12-489152 is priced at AED 2 000 000, about $545 000. The size is 1 462 sq ft (136 m²), which works out at AED 1 368 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 2 200 000 to AED 2 000 000: AED 200 000 less, or 9%. It was cut once. On the market since 7 September 2026.
How does this price compare with other lots in The Gate Tower 1?
The database holds 3 lots in The Gate Tower 1 right now, from AED 2 000 000 to AED 3 199 999. 2 of them share this type and bedroom count: this lot is the cheapest. At AED 1 368 per sq ft this lot is 9% below the median for the other lots in the project (AED 1 510).
Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 400 000; a loan of AED 1 600 000 over 25 years at 3.75–4.99% a year comes to roughly AED 8 200–9 300 a month. A non-resident puts down from 40% (AED 800 000) and pays about AED 6 200–7 000 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What does the seller say about the property itself?
From the listing: bathrooms — 3.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP12-489152 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: The Gate Tower 1
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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