2-bed · 1,555 sqftPark Gate Residences 1, Al Kifaf · 12th floor · completed 2020

1210, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 18 August 2021
Last soldAED 2.09M18 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1210, Park Gate Residences 1

What is 1210 worth today?

Last sold for AED 2,090,777 in 2021

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18 Aug 2021Sold by developerReady
AED 2,090,777AED 1,344 per sqft

Source: Dubai Land Department. Updated 18 August 2021.

Key facts

Type
2-bed apartment
Size
1,555 sqft
Floor
12th of 27
Parking
B1-111
Developer
Wasl
Completed
2020
Last sold
AED 2.09M · August 2021

About 1210, Park Gate Residences 1

1210 is a two-bedroom apartment of 1,555 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 18 August 2021 for AED 2,090,777, or AED 1,344 per sqft, 4% above the AED 1,295 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1210 over time

Sales
Unit 1210, each saleTypical two-bed in Park Gate Residences 1
2M2.5M20182020202220242026Typical sale price by year: 2018 AED 1,983,000; 2019 AED 2,427,777; 2020 AED 2,026,277; 2021 AED 2,087,777; 2022 AED 2,187,777; 2023 AED 2,500,000; 2024 AED 2,800,000; 2025 AED 2,812,500Sold by developer, August 2021: AED 2,090,777 (AED 1,344 per sqft)

1210 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1210, each contractTypical two-bed in Park Gate Residences 1
100K150K2021202320252027Typical rent by year: 2021 AED 92,000; 2022 AED 110,000; 2023 AED 133,000; 2024 AED 142,000; 2025 AED 155,000; 2026 AED 155,000

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 1210 sits

All 108 2-beds →

1210 last sold in August 2021 at AED 1,344 per sqft, 4% above what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,295). 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 salesUnit no.Price (AED)Summary
1 Oct 20263,400,000
11 Aug 20263,025,000
27 Nov 20252,750,000
18 Nov 20253,000,000
4 2-bed sales in the last 12 months

Park Gate Residences 1

Building

204 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%
Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 12th floor

All 204 units in Park Gate Residences 1
Value
12012-bedAED 2.43M · Oct 2019
12021-bedAED 1.75M · Aug 2025
12032-bedAED 2.48M · Mar 2018
12042-bedAED 1.91M · May 2018
12052-bedAED 2M · Feb 2021
12062-bedAED 1.97M · Jun 2022
12071-bedAED 1.38M · Feb 2024
1–7 of 9

1210, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 18 August 2021 for AED 2,090,777, or AED 1,344 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 18 August 2021.

Questions about 1210, Park Gate Residences 1

What did unit 1210 last sell for?

AED 2,090,777 on 18 August 2021, sold by the developer: AED 1,344 per sqft for 1,555 sqft. It is the only registered sale of the unit.

How big is unit 1210?

1,555 sqft (144.5 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2020.

What is unit 1210 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 1210, Park Gate Residences 1

Starts from the last sale price (AED 2.09M, 18 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,777
Deposit, UAE resident (20%)
AED 418,155
Deposit, non-resident (40%)
AED 836,311
Monthly over 25 years at 3.7%
AED 8,554

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →