1204, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Park Gate Residences 1
What is 1204 worth today?
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Source: Dubai Land Department. Updated 14 May 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,554 sqft
- Floor
- 12th of 27
- Parking
- B1-156
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.91M · May 2018
- Building
- Park Gate Residences 1
About 1204, Park Gate Residences 1
1204 is a two-bedroom apartment of 1,554 sqft on the 12th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 14 May 2018 for AED 1,910,000, or AED 1,229 per sqft, in line with the AED 1,239 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1204 over time
1204 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 1204 sits
All 108 2-beds →1204 last sold in May 2018 at AED 1,229 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,239). 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.
| 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 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 | |
| 1202 | 1-bed | 994 sqft | AED 1.75MAED 1,750,000 · Aug 2025August 2025 | 120,000 /yr | |
| 1203 | 2-bed | 1,572 sqft | AED 2.48MAED 2,476,000 · Mar 2018March 2018 | 100,000 /yr | |
| 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 |
1204, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 14 May 2018 for AED 1,910,000, or AED 1,229 per sqft.
- 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 14 May 2018.
Questions about 1204, Park Gate Residences 1
What did unit 1204 last sell for?
AED 1,910,000 on 14 May 2018, sold by the developer: AED 1,229 per sqft for 1,554 sqft. It is the only registered sale of the unit.
How big is unit 1204?
1,554 sqft (144.4 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2020.
What is unit 1204 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 1204, Park Gate Residences 1
Starts from the last sale price (AED 1.91M, 14 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,910,000
- Deposit, UAE resident (20%)
- AED 382,000
- Deposit, non-resident (40%)
- AED 764,000
- Monthly over 25 years at 3.7%
- AED 7,814
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →