1401, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Park Gate Residences 1
What is 1401 worth today?
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Source: Dubai Land Department. Updated 14 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,479 sqft
- Floor
- 14th of 27
- Parking
- B1-158
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.69M · April 2022
- Building
- Park Gate Residences 1
About 1401, Park Gate Residences 1
1401 is a two-bedroom apartment of 1,479 sqft on the 14th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 18 April 2022 for AED 2,687,777, or AED 1,817 per sqft, 33% above the AED 1,364 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 14 January 2026, is AED 185,000 a year: a gross yield of 6.9% on the 2022 price.
Sales and rents for 1401 over time
1401 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 1401 sits
All 108 2-beds →1401 last sold in April 2022 at AED 1,817 per sqft, 33% above what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,364). 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. 1401's AED 185,000 is in the upper 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 14th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 1-bed | 497 sqft | AED 1.7MAED 1,700,777 · Jun 2021June 2021 | 75,000 /yr | |
| 1403 | 2-bed | 1,572 sqft | AED 2.5MAED 2,498,000 · Mar 2018March 2018 | ||
| 1404 | 2-bed | 1,554 sqft | AED 1.93MAED 1,928,000 · Apr 2018April 2018 | ||
| 1405 | 2-bed | 1,611 sqft | AED 2.03MAED 2,031,000 · Apr 2018April 2018 | ||
| 1406 | 2-bed | 1,634 sqft | AED 2.01MAED 2,011,777 · Mar 2020March 2020 | ||
| 1407 | 1-bed | 987 sqft | AED 1.55MAED 1,553,777 · Jun 2024June 2024 | 105,000 /yr | |
| 1408 | 2-bed | 1,557 sqft | AED 2.14MAED 2,142,777 · May 2022May 2022 | 159,500 /yr | |
| 1409 | 2-bed | 1,610 sqft | AED 2.07MAED 2,071,000 · Dec 2019December 2019 | ||
| 1410 | 2-bed | 1,555 sqft | AED 1.93MAED 1,929,000 · Apr 2018April 2018 |
1401, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 18 April 2022 for AED 2,687,777, or AED 1,817 per sqft.
- Rented since October 2023 on 4 Ejari contracts, from AED 200,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2022 price is 6.9%.
- 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 14 January 2026.
Questions about 1401, Park Gate Residences 1
What did unit 1401 last sell for?
AED 2,687,777 on 18 April 2022, sold by the developer: AED 1,817 per sqft for 1,479 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 185,000 a year on the contract signed on 14 January 2026. The previous contract, from May 2025, was AED 210,000; the unit has been rented since October 2023.
How big is unit 1401?
1,479 sqft (137.4 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.
What is unit 1401 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 1401, Park Gate Residences 1
Starts from the last sale price (AED 2.69M, 18 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,687,777
- Deposit, UAE resident (20%)
- AED 537,555
- Deposit, non-resident (40%)
- AED 1,075,111
- Monthly over 25 years at 3.7%
- AED 10,997
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →