1109, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1109, Park Gate Residences 1
What is 1109 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,609 sqft
- Floor
- 11th of 27
- Parking
- B1-104
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.96M · April 2018
- Building
- Park Gate Residences 1
About 1109, Park Gate Residences 1
1109 is a two-bedroom apartment of 1,609 sqft on the 11th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 24 April 2018 for AED 1,963,000, or AED 1,219 per sqft, in line with the AED 1,240 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 155,000 a year: a gross yield of 7.9% on the 2018 price.
Sales and rents for 1109 over time
1109 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Gate Residences 1, and where 1109 sits
All 108 2-beds →1109 last sold in April 2018 at AED 1,219 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,240). Over the last 12 months two-beds sold for AED 2,750,000 to 3,400,000, around AED 1,891 per sqft, and rent for AED 126,000 to 210,000 a year. 1109's AED 155,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,611 sqft | 3,400,000 | 2,111 | ||
| 11 Aug 202611 August 2026 | 1,554 sqft | 3,025,000 | 1,946 | ||
| 27 Nov 202527 November 2025 | 1,634 sqft | 2,750,000 | 1,683 | ||
| 18 Nov 202518 November 2025 | 1,635 sqft | 3,000,000 | 1,835 |
Park Gate Residences 1
Building204 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 8 sold in the last 12 months.
- Typical price per sqft
- AED 1,953
- Typical sale
- AED 3.01M
- Typical rent
- AED 155K /yr
- Typical yield
- 5.1%
Other units on the 11th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,571 sqft | AED 2.47MAED 2,466,000 · Apr 2018April 2018 | ||
| 1102 | 1-bed | 994 sqft | AED 1.8MAED 1,800,777 · May 2023May 2023 | ||
| 1103 | 2-bed | 1,571 sqft | AED 2.47MAED 2,466,000 · Apr 2018April 2018 | ||
| 1104 | 2-bed | 1,553 sqft | AED 2.35MAED 2,350,000 · Jul 2023July 2023 | 100,486 /yr | |
| 1105 | 2-bed | 1,610 sqft | AED 2MAED 2,002,000 · Feb 2018February 2018 | 155,000 /yr | |
| 1106 | 2-bed | 1,633 sqft | AED 2.08MAED 2,084,777 · Feb 2021February 2021 | ||
| 1107 | 1-bed | 987 sqft | AED 1.59MAED 1,586,777 · May 2022May 2022 | 125,000 /yr | |
| 1108 | 2-bed | 1,634 sqft | AED 2.13MAED 2,128,777 · May 2022May 2022 | 150,000 /yr | |
| 1110 | 2-bed | 1,554 sqft | AED 2.08MAED 2,081,777 · May 2021May 2021 |
1109, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 24 April 2018 for AED 1,963,000, or AED 1,219 per sqft.
- Rented since May 2021 on 5 Ejari contracts, from AED 95,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2018 price is 7.9%.
- Two-beds in Park Gate Residences 1 sold for AED 2,750,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,953 per sqft.
Source: Dubai Land Department. Updated 1 May 2026.
Questions about 1109, Park Gate Residences 1
What did unit 1109 last sell for?
AED 1,963,000 on 24 April 2018, sold by the developer: AED 1,219 per sqft for 1,609 sqft. It is the only registered sale of the unit.
What is the rent for unit 1109?
AED 155,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 155,000; the unit has been rented since May 2021.
How big is unit 1109?
1,609 sqft (149.5 sqm): a two-bedroom apartment on the 11th floor of a 27-storey tower completed in 2020.
What is unit 1109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Gate Residences 1 sold for AED 2,750,000 to 3,400,000 in the last 12 months, around AED 1,891 per sqft.
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Mortgage on 1109, Park Gate Residences 1
Starts from the last sale price (AED 1.96M, 24 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,963,000
- Deposit, UAE resident (20%)
- AED 392,600
- Deposit, non-resident (40%)
- AED 785,200
- Monthly over 25 years at 3.7%
- AED 8,031
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →