1405, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in April 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 1405, Park Gate Residences 1
What is 1405 worth today?
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Source: Dubai Land Department. Updated 16 April 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,611 sqft
- Floor
- 14th of 27
- Parking
- B1-127
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.03M · April 2018
- Building
- Park Gate Residences 1
About 1405, Park Gate Residences 1
1405 is a two-bedroom apartment of 1,611 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 16 April 2018 for AED 2,031,000, or AED 1,261 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 1405 over time
1405 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 1405 sits
All 108 2-beds →1405 last sold in April 2018 at AED 1,261 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 14th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,479 sqft | AED 2.69MAED 2,687,777 · Apr 2022April 2022 | 185,000 /yr | |
| 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 | ||
| 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 |
1405, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 16 April 2018 for AED 2,031,000, or AED 1,261 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 16 April 2018.
Questions about 1405, Park Gate Residences 1
What did unit 1405 last sell for?
AED 2,031,000 on 16 April 2018, sold by the developer: AED 1,261 per sqft for 1,611 sqft. It is the only registered sale of the unit.
How big is unit 1405?
1,611 sqft (149.7 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.
What is unit 1405 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 1405, Park Gate Residences 1
Starts from the last sale price (AED 2.03M, 16 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,031,000
- Deposit, UAE resident (20%)
- AED 406,200
- Deposit, non-resident (40%)
- AED 812,400
- Monthly over 25 years at 3.7%
- AED 8,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →