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Jumeirah Gate

Project

AL ASEEL INVESTMENTS L.L.C

Project typeBuildings

Master developerالاصيل للاستثمارات ش.ذ.م.م

Escrow agentبنك أبوظبي الأول ش.م.ع.

StatusFinished

Completed100%

Start2016-09-07

Handover2021-03-28

Buildings3

Shop9

the Project is a mixed-use twin 74 storey tower development that will accommodate three main usages; a five-star hotel with public and service support facilities within the podium levels and 14 guestroom floors located at the lower levels of the west tower. 54 floors of Address Residences (serviced apartments) are located above the hotel floors. The full east tower holds from level 3 to 72, 68 floors of The Residences (residential apartments managed by The Address). The effective built up area of the building is approximately 244,000m?. (COMMON 3B+G+M+2P)x2 towers(74+R )

Buildings

Jumeirah Gate 1

Floors82

Parking1,495

Jumeirah Gate 2

Floors82

Parking1,495

Jumeirah Gate 3

Floors82

Shop9

Parking1,495

Apartments

1 B/R152

2 B/R198

3 B/R90

4 B/R29

5 B/R4

8 B/R1

Hotel Apartment435

Shop

Shop10

Hotel

Hotel1

Official sales

Sales from 2016–2026

Number of sale deals1,655

Apartment1,655

Median sale price3,370,000 AED

Median price per sqft2,989 AED

1 B/R640

Median sale price2,189,200 AED

Median price per sqft2,966 AED

2 B/R631

Median sale price4,100,000 AED

Median price per sqft2,960 AED

3 B/R309

Median sale price6,292,000 AED

Median price per sqft3,324 AED

4 B/R62

Median sale price9,363,241 AED

Median price per sqft3,110 AED

5 B/R12

Median sale price16,175,000 AED

Median price per sqft3,540 AED

8 B/R1

Median sale price39,387,064 AED

Median price per sqft9,160 AED

Official rent

Rent from 2021–2026

Number of rent contracts1,024

Apartment827

1 bedroom379

Median year rent160,000 AED

2 bedrooms308

Median year rent310,000 AED

3 bedrooms131

Median year rent450,000 AED

4 bedrooms6

Median year rent782,500 AED

5 bedrooms and more3

Median year rent800,000 AED

Villa7

1 bedroom7

Median year rent165,000 AED

Hotel176

1 bedroom4

Median year rent141,750 AED

Shop11

Hotel apartments2

1 bedroom2

Median year rent135,000 AED

Clinic1