1304, Park Gate Residences 1
Sold prices and rental history: sold 3 times, last in June 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, Park Gate Residences 1
What is 1304 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,554 sqft
- Floor
- 13th of 27
- Parking
- B1-155
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.95M · June 2021
- Building
- Park Gate Residences 1
About 1304, Park Gate Residences 1
1304 is a two-bedroom apartment of 1,554 sqft on the 13th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 17 June 2021 for AED 1,950,000, or AED 1,254 per sqft, in line with the AED 1,270 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 128,000 a year: a gross yield of 6.6% on the 2021 price.
Sales and rents for 1304 over time
1304 has sold 3 times; 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 1304 sits
All 108 2-beds →1304 last sold in June 2021 at AED 1,254 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,270). 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. 1304's AED 128,000 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 13th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,572 sqft | AED 2.44MAED 2,438,777 · Oct 2019October 2019 | 165,000 /yr | |
| 1302 | 1-bed | 994 sqft | AED 1.69MAED 1,693,777 · Jul 2021July 2021 | ||
| 1303 | 2-bed | 1,572 sqft | AED 2.49MAED 2,487,000 · Dec 2018December 2018 | ||
| 1305 | 2-bed | 1,529 sqft | AED 2.01MAED 2,009,000 · Mar 2018March 2018 | 155,000 /yr | |
| 1306 | 2-bed | 1,635 sqft | AED 2.04MAED 2,040,777 · Sep 2020September 2020 | ||
| 1307 | 1-bed | 987 sqft | AED 1.7MAED 1,700,000 · Mar 2024March 2024 | 85,000 /yr | |
| 1308 | 2-bed | 1,635 sqft | AED 2.13MAED 2,127,777 · Aug 2022August 2022 | 140,000 /yr | |
| 1309 | 2-bed | 1,528 sqft | AED 2.15MAED 2,153,777 · Aug 2021August 2021 | ||
| 1310 | 2-bed | 1,555 sqft | AED 2.1MAED 2,099,777 · Aug 2021August 2021 |
1304, Park Gate Residences 1 in numbers
- Sold 3 times: first on 16 April 2018 for AED 1,919,000, last on 17 June 2021 for AED 1,950,000 (AED 1,254 per sqft).
- Rented since October 2021 on 3 Ejari contracts, from AED 95,000 to AED 128,000 a year.
- At AED 128,000 a year the gross yield on the 2021 price is 6.6%.
- 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 16 October 2024.
Questions about 1304, Park Gate Residences 1
What did unit 1304 last sell for?
AED 1,950,000 on 17 June 2021: AED 1,254 per sqft for 1,554 sqft. The unit has 3 registered sales; the first was AED 1,919,000 in April 2018.
What is the rent for unit 1304?
AED 128,000 a year on the contract renewed on 16 October 2024. The previous contract, from October 2023, was AED 120,000; the unit has been rented since October 2021.
How big is unit 1304?
1,554 sqft (144.4 sqm): a two-bedroom apartment on the 13th floor of a 27-storey tower completed in 2020.
What is unit 1304 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.
Selling 1304? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1304, Park Gate Residences 1
Starts from the last sale price (AED 1.95M, 17 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →