2-bed · 1,555 sqftPark Gate Residences 1, Al Kifaf · 15th floor · completed 2020

1510, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1510 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 2.12M7 September 2021
Current rentAED 150K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1510, Park Gate Residences 1

What is 1510 worth today?

Last sold for AED 2,120,777 in 2021

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5 Oct 2026RentedNew contract
AED 150,000/yr2 months · AED 96 per sqft
5 Apr 2026RentedRenewal
AED 165,000/yr6 months · AED 106 per sqft
5 Apr 2025RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
5 Apr 2025RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
17 Mar 2025RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
17 Mar 2025RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
5 Apr 2024RentedRenewal
AED 150,000/yr12 months · AED 96 per sqft
5 Apr 2023RentedNew contract
AED 150,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
2-bed apartment
Size
1,555 sqft
Floor
15th of 27
Parking
B1-114
Developer
Wasl
Completed
2020
Last sold
AED 2.12M · September 2021

About 1510, Park Gate Residences 1

1510 is a two-bedroom apartment of 1,555 sqft on the 15th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 7 September 2021 for AED 2,120,777, or AED 1,364 per sqft, in line with the AED 1,336 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 8 Ejari contracts. The current contract, signed on 5 October 2026, is AED 150,000 a year: a gross yield of 7.1% on the 2021 price.

Sales and rents for 1510 over time

Sales
Unit 1510, 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, September 2021: AED 2,120,777 (AED 1,364 per sqft)

1510 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1510, 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 155,000New contract, April 2023: AED 150,000 a yearRenewal, April 2024: AED 150,000 a yearNew contract, March 2025: AED 165,000 a yearNew contract, March 2025: AED 165,000 a yearNew contract, April 2025: AED 165,000 a yearNew contract, April 2025: AED 165,000 a yearRenewal, April 2026: AED 165,000 a yearNew contract, October 2026: AED 150,000 a year

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 1510 sits

All 108 2-beds →

1510 last sold in September 2021 at AED 1,364 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,336). 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. 1510's AED 150,000 is in the lower half of that range.

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 15th floor

All 204 units in Park Gate Residences 1
Value
15012-bedAED 2.46M · Sep 2019
15021-bedAED 1.71M · Aug 2021
15032-bedAED 2.51M · Oct 2019
15042-bedAED 3.03M · Aug 2026
15052-bedAED 3.4M · Oct 2026
15062-bedAED 2.83M · Feb 2025
15071-bedAED 1.62M · May 2022
1–7 of 9

1510, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 7 September 2021 for AED 2,120,777, or AED 1,364 per sqft.
  • Rented since April 2023 on 8 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.1%.
  • 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 5 October 2026.

Questions about 1510, Park Gate Residences 1

What did unit 1510 last sell for?

AED 2,120,777 on 7 September 2021, sold by the developer: AED 1,364 per sqft for 1,555 sqft. It is the only registered sale of the unit.

What is the rent for unit 1510?

AED 150,000 a year on the contract signed on 5 October 2026. The previous contract, from April 2026, was AED 165,000; the unit has been rented since April 2023.

How big is unit 1510?

1,555 sqft (144.5 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2020.

What is unit 1510 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 1510, Park Gate Residences 1

Starts from the last sale price (AED 2.12M, 7 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,120,777
Deposit, UAE resident (20%)
AED 424,155
Deposit, non-resident (40%)
AED 848,311
Monthly over 25 years at 3.7%
AED 8,677

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