2-bed · 1,572 sqftPark Gate Residences 1, Al Kifaf · 18th floor · completed 2020

1803, Park Gate Residences 1

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 3.04M3 March 2023
Current rentAED 150K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Park Gate Residences 1

What is 1803 worth today?

Last sold for AED 3,035,744 in 2023

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1 Nov 2026RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
1 Sep 2025RentedRenewal
AED 170,000/yr12 months · AED 108 per sqft
1 Sep 2024RentedRenewal
AED 155,000/yr12 months · AED 99 per sqft
1 Sep 2023RentedNew contract
AED 155,000/yr12 months · AED 99 per sqft
3 Mar 2023SoldReady
AED 3,035,744AED 1,931 per sqft
19 Apr 2022Sold by developerReady
AED 2,639,777AED 1,679 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
1,572 sqft
Floor
18th of 27
Parking
AB2-067
Developer
Wasl
Completed
2020
Last sold
AED 3.04M · March 2023

About 1803, Park Gate Residences 1

1803 is a two-bedroom apartment of 1,572 sqft on the 18th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 3 March 2023 for AED 3,035,744, or AED 1,931 per sqft, 43% above the AED 1,350 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 1 November 2026, is AED 150,000 a year: a gross yield of 4.9% on the 2023 price.

Sales and rents for 1803 over time

Sales
Unit 1803, each saleTypical two-bed in Park Gate Residences 1
2M2.5M3M20182020202220242026Typical 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, April 2022: AED 2,639,777 (AED 1,679 per sqft)Sold, March 2023: AED 3,035,744 (AED 1,931 per sqft)

1803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, 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, September 2023: AED 155,000 a yearRenewal, September 2024: AED 155,000 a yearRenewal, September 2025: AED 170,000 a yearNew contract, November 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 1803 sits

All 108 2-beds →

1803 last sold in March 2023 at AED 1,931 per sqft, 43% above what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,350). 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. 1803'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 18th floor

All 204 units in Park Gate Residences 1
Value
18012-bedAED 2.67M · May 2021
18021-bedAED 1.78M · Apr 2022
18042-bedAED 2.06M · Aug 2018
18052-bedAED 2.05M · Apr 2018
18062-bedAED 2.05M · Oct 2018
18071-bedAED 1.62M · Nov 2022
18082-bedAED 2.2M · Jun 2022
1–7 of 9

1803, Park Gate Residences 1 in numbers

  • Sold twice: first on 19 April 2022 for AED 2,639,777, last on 3 March 2023 for AED 3,035,744 (AED 1,931 per sqft).
  • Rented since September 2023 on 4 Ejari contracts, from AED 155,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 4.9%.
  • 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 1 November 2026.

Questions about 1803, Park Gate Residences 1

What did unit 1803 last sell for?

AED 3,035,744 on 3 March 2023: AED 1,931 per sqft for 1,572 sqft. The unit has 2 registered sales; the first was AED 2,639,777 in April 2022.

What is the rent for unit 1803?

AED 150,000 a year on the contract signed on 1 November 2026. The previous contract, from September 2025, was AED 170,000; the unit has been rented since September 2023.

How big is unit 1803?

1,572 sqft (146.0 sqm): a two-bedroom apartment on the 18th floor of a 27-storey tower completed in 2020.

What is unit 1803 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 1803, Park Gate Residences 1

Starts from the last sale price (AED 3.04M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,035,744
Deposit, UAE resident (20%)
AED 607,149
Deposit, non-resident (40%)
AED 1,214,298
Monthly over 25 years at 3.7%
AED 12,420

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