Underwrite before you commit
The figures in this post are checked against Dubai Land Department records and RERA filings. Get an independent underwriting score on any project, or ask Javier on WhatsApp.
The short answer
Buy Bellagio if you want a district with delivered infrastructure, an entry rung under AED 1,000,000, depth in two-bedroom stock, and a completion date you can plan around: 21 priced units from AED 950,000 to AED 3,450,000, 19 of them under AED 2,500,000, on a 10/35/55 plan to a stated December 2027 handover. Buy Equiti Gate if its current published terms beat that on the tests below, and if Jebel Ali Downtown's older, more commercial grid suits the tenant you are underwriting for.
One thing needs saying plainly before the comparison starts. Bellagio's price list, payment schedule and handover date are printed here in full because they are published. Equiti Gate's figures are not restated here, because a comparison built on a half-remembered price is worse than no comparison at all. What follows instead is the six-test framework with Bellagio's column filled in and the exact places to pull Equiti Gate's numbers from, so you finish the table with current data rather than borrowed data.
That is not a hedge. Most bad comparisons in Dubai off-plan fail for exactly this reason: one project's numbers are fresh, the other's are stale, and the conclusion is decided by whichever set was more flattering on the day it was copied.
What is published, side by side
| Test | Bellagio (Wasl Gate) | Equiti Gate (Jebel Ali Downtown) |
|---|---|---|
| Developer | Sunrise Capital | Confirm on the project page |
| Priced units listed | 21 (1-bed to 3-bed) | Take the current count from the live listing |
| Under AED 2,500,000 | 19 of 21 | Count against the same AED 2,500,000 line |
| Listed from | AED 950,000 | Take the current entry price from the live listing |
| Payment plan | 10 / 35 / 55, nothing after handover | Compare cumulative percent due by handover |
| Stated handover | December 2027 | Confirm the registered completion date |
Bellagio's side breaks down as seven one-bedrooms from AED 950,000 to AED 1,350,000 at 500 to 790 square feet, twelve two-bedrooms from AED 1,785,000 to AED 2,250,000 at 1,175 to 1,610 square feet, and two three-bedrooms at AED 3,400,000 and AED 3,450,000. The under-threshold cohort is therefore the whole one-bedroom and two-bedroom inventory, and the two three-bedrooms sit AED 1,150,000 or more above the top two-bedroom with nothing in between. The band-by-band reading is in Bellagio pricing and Wasl Gate rental context.
Fill the right-hand column from the Equiti Gate project page and the Equiti Gate review, on the same day, using the same definitions. Count priced units the same way, apply the same AED 2,500,000 line, and record the payment plan as cumulative percentage due by handover rather than as a marketing string. Two schedules that look similar in a brochure can put very different demands on the same twelve months of cash.
The location trade-off
Both sit on the southern Sheikh Zayed Road corridor, which means both are underwritten by the same fundamentals: Jebel Ali Free Zone and the southern logistics belt as the employment catchment, Metro on the corridor, and road access as the daily reality. Neither is a leisure address and neither should be sold to you as one.
The difference is character. Wasl Gate is a newer master-planned district with a built retail anchor and residential product designed as a whole. Jebel Ali Downtown is the older mixed commercial and residential grid further along the corridor, with a longer-established working population and a streetscape that reflects its commercial origins. The first offers newer stock and a more coherent environment; the second offers an established, functioning district with a longer track record of actually letting.
Underwrite that difference at street level rather than on a map. Drive both at commute hour, check the walking route to the nearest station at each, and look at what has been approved on the neighbouring plots. The district-level picture for the Bellagio side is in Wasl Gate for investors and in the standing Wasl Gate area guide.
Payment plans, on published terms only
Bellagio publishes 10 percent on booking, 35 percent after booking and 55 percent upon handover: 45 percent before completion, 55 percent at it, nothing after. The consequence is specific rather than abstract. Your carry during construction is light, and your largest single obligation lands on one date in December 2027, to be met from a completion mortgage or evidenced liquidity. The full cash-flow walkthrough is in Bellagio payment plan and buying costs.
Equiti Gate's schedule is not restated here; take the current terms from its project page and from the SPA. When you compare, compare three things and ignore the headline: the cumulative percentage due by handover, the trigger on every tranche between booking and completion, and whether any balance sits after handover. A plan with a post-handover tail and a plan with a handover-weighted balance are different financial products even at an identical total price.
Then apply the same stress test to both: could you clear the completion balance on the stated date from sources you can evidence today? Whichever project survives that question is ahead on the test that actually decides outcomes.
Developer diligence for both
Sunrise Capital and the Equiti Gate developer get identical treatment here, and neither delivery history is quoted, because a track record that matters is one you pull from the registry rather than one you read in a brochure. For each project, verify the project registration and construction status through Dubai REST, the escrow account under Dubai Law No. (8) of 2007 against the DLD record, and Oqood registration of the contract after booking. Confirm that the entity on your SPA is the registered developer for the project.
Then check the developer's other registered projects and their recorded completion status. That is the closest thing to an evidenced delivery record available to a buyer, and it costs nothing but time.
The buyer-side economics are the same on either purchase. The DLD transfer fee is 4 percent of the purchase price. On off-plan the developer pays Oliva's commission and the buyer pays nothing for representation, while the 2% + 5% VAT buyer fee applies only to resale and secondary purchases.
Which buyer fits which
Bellagio suits the buyer who wants new-build stock in a district where the infrastructure is already standing, who is buying a two-bedroom rather than the cheapest possible ticket, and whose completion funding for December 2027 is evidenced rather than hoped for. Its entry rung, AED 950,000 in a one-bedroom band whose published sizes start at 500 square feet, is the cheapest published way into the project, but the depth of the offer is the twelve two-bedrooms between AED 1,785,000 and AED 2,250,000.
Equiti Gate suits the buyer who prioritises an established, functioning district with a longer letting history over newer surroundings, and whose reading of its current published price and schedule beats Bellagio's on the six tests. That is a judgement to make against live figures, not against this page.
If neither profile describes you cleanly, treat that as a finding rather than a stalemate. Buying a project because it won a two-way comparison is a weaker reason than buying a specific unit that clears an underwriting bar on its own terms.
Where this lands: get the verdict
On published data, Bellagio's case is concrete: 21 priced units from AED 950,000, 19 of them under AED 2,500,000, a 10/35/55 schedule and a stated December 2027 handover, in a district with delivered road, rail and retail. Equiti Gate's case has to be built from its own current figures, and the six tests above are the way to build it without borrowing a number that has moved.
A comparison sets the shortlist; it does not underwrite a unit. Order the free underwriting report at /en/report on the specific apartment you favour in either project and get a buy or do-not-buy verdict, do-not-buy included. Browse the Bellagio side at projects in Wasl Gate. Oliva DB Properties CO. L.L.C. S.O.C., RERA BRN 1573501, DLD office card 92025.
Frequently Asked Questions
Is Bellagio or Equiti Gate cheaper?
Bellagio's published entry price is AED 950,000, in a one-bedroom band whose published sizes start at 500 square feet, per DLD-derived listing data, August 2026. Equiti Gate's current entry price is not restated here; take it from its project page on the same day you compare, and apply the same AED 2,500,000 threshold to both unit counts.
What is the payment plan at Bellagio?
10 percent on booking, 35 percent after booking and 55 percent upon handover, which places 45 percent before completion and 55 percent at it, with nothing deferred past handover. Handover is stated as December 2027. The after-booking trigger is not published, so define it in the SPA.
How do Wasl Gate and Jebel Ali Downtown differ?
Both sit on the southern Sheikh Zayed Road corridor with the same free-zone and logistics employment catchment. Wasl Gate is a newer master-planned district with a built retail anchor; Jebel Ali Downtown is the older mixed commercial and residential grid along the same corridor, with a longer letting history.
How many Bellagio units are under AED 2.5M?
19 of Bellagio's 21 priced units sit under AED 2,500,000, per DLD-derived listing data, August 2026. Those 19 are the seven one-bedrooms and the twelve two-bedrooms. Only the two three-bedrooms, at AED 3,400,000 and AED 3,450,000, sit above the line.
How do I check a developer's track record?
Pull it from the registry rather than a brochure. Check the project registration and construction progress through Dubai REST, verify the escrow account under Dubai Law No. (8) of 2007 against the DLD record, confirm the SPA entity is the registered developer, and review the developer's other registered projects and their completion status.
Which project should I buy?
Apply the six tests to both on the same day with current figures: developer, priced unit count, units under AED 2,500,000, entry price, cumulative percentage due by handover, and the registered completion date. Then underwrite the single unit you favour. Oliva's free report returns a buy or do-not-buy verdict on that specific apartment.
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