Downtown Gate Tower
Downtown Dubai
Developer: Damac
Current Price
AED 4,700
per sqft
Rental Yield
4.8%
Total Units
212
Floors
22
Year Completed
2016
Tier
PREMIUM
Investment Thesis
Central Downtown location with strong rental yields and city access; good value proposition in prestigious area.
Best For
- Yield investors
- Urban professionals
- End-users
Tier Classification
Premium residential with good amenities, professional management and broad appeal.
12-Month Price History
2025-07
AED 4,672
2025-08
AED 4,639
2025-09
AED 4,632
2025-10
AED 4,652
2025-11
AED 4,693
2025-12
AED 4,744
2026-01
AED 4,791
2026-02
AED 4,821
2026-03
AED 4,827
2026-04
AED 4,804
2026-05
AED 4,759
2026-06
AED 4,700
Trend: Upward trend over past 12 months
Unit Mix
Studio
40
1 Bedroom
65
2 Bedroom
85
3 Bedroom
20
Penthouse
2
Recent Transactions
| Unit | BR | Area (sqft) | Price (AED) | Date |
|---|---|---|---|---|
| 2205 | 3 | 2,800 | AED 13,160,000 | 3/18/2026 |
| 1605 | 2 | 1,700 | AED 7,990,000 | 2/22/2026 |
Rental Yield & Annual Rent
Gross Rental Yield
4.8%
1BR Annual Rent
AED 200,000
2BR Annual Rent
AED 320,000
3BR Annual Rent
AED 440,000
Amenities
Downtown views
Pool
Gym
Spa
Restaurant
Concierge
Business center
Parking
Proximity & Access
Metro: Downtown
5 min away
Airport: DXB
19 min away
Beach
14 min away
Downtown Dubai
1 min away
Pros
- Downtown location
- Good 4.8% yields
- City center access
- Strong amenities
Cons
- Less exclusive than branded towers
- Service charges trending up
- Moderate appreciation potential
Interested in Downtown Gate Tower?
Get personalized investment analysis, off-market access and expert guidance from our team.