1202, Park Gate Residences 1
Sold prices and rental history: sold twice, last in August 2025, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Park Gate Residences 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 10 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 12th of 27
- Parking
- B1-107
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.75M · August 2025
- Building
- Park Gate Residences 1
About 1202, Park Gate Residences 1
1202 is a one-bedroom apartment of 994 sqft on the 12th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 11 August 2025 for AED 1,750,000, or AED 1,759 per sqft, 12% below the AED 2,010 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 November 2025. The current contract, signed on 10 November 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2025 price.
Sales and rents for 1202 over time
1202 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 1, and where 1202 sits
All 44 1-beds →1202 last sold in August 2025 at AED 1,759 per sqft, 12% below what one-beds in Park Gate Residences 1 were fetching at the time (AED 2,010). Over the last 12 months one-beds sold for AED 1,950,000 to 2,000,000, around AED 1,993 per sqft, and rent for AED 85,000 to 125,000 a year. 1202's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 994 sqft | 1,950,000 | 1,960 | ||
| 15 Dec 202515 December 2025 | 987 sqft | 2,000,000 | 2,025 | ||
| 19 Jun 202519 June 2025 | 987 sqft | 2,274,670 | 2,303 | ||
| 28 Apr 202528 April 2025 | 995 sqft | 2,000,000 | 2,010 |
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 12th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,572 sqft | AED 2.43MAED 2,427,777 · Oct 2019October 2019 | 145,000 /yr | |
| 1203 | 2-bed | 1,572 sqft | AED 2.48MAED 2,476,000 · Mar 2018March 2018 | 100,000 /yr | |
| 1204 | 2-bed | 1,554 sqft | AED 1.91MAED 1,910,000 · May 2018May 2018 | ||
| 1205 | 2-bed | 1,610 sqft | AED 2MAED 2,000,000 · Feb 2021February 2021 | ||
| 1206 | 2-bed | 1,635 sqft | AED 1.97MAED 1,970,000 · Jun 2022June 2022 | 140,000 /yr | |
| 1207 | 1-bed | 987 sqft | AED 1.38MAED 1,377,777 · Feb 2024February 2024 | ||
| 1208 | 2-bed | 1,635 sqft | AED 2.97MAED 2,965,777 · Mar 2024March 2024 | 180,000 /yr | |
| 1209 | 2-bed | 1,609 sqft | AED 1.97MAED 1,972,000 · Jun 2018June 2018 | 155,000 /yr | |
| 1210 | 2-bed | 1,555 sqft | AED 2.09MAED 2,090,777 · Aug 2021August 2021 |
1202, Park Gate Residences 1 in numbers
- Sold twice: first on 18 June 2018 for AED 1,570,000, last on 11 August 2025 for AED 1,750,000 (AED 1,759 per sqft).
- Rented since November 2025 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2025 price is 6.9%.
- One-beds in Park Gate Residences 1 sold for AED 1,950,000–2,000,000 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 10 November 2025.
Questions about 1202, Park Gate Residences 1
What did unit 1202 last sell for?
AED 1,750,000 on 11 August 2025: AED 1,759 per sqft for 994 sqft. The unit has 2 registered sales; the first was AED 1,570,000 in June 2018.
What is the rent for unit 1202?
AED 120,000 a year on the contract signed on 10 November 2025.
How big is unit 1202?
994 sqft (92.3 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2020.
What is unit 1202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 1 sold for AED 1,950,000 to 2,000,000 in the last 12 months, around AED 1,993 per sqft.
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Mortgage on 1202, Park Gate Residences 1
Starts from the last sale price (AED 1.75M, 11 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →