1-bed · 995 sqftPark Gate Residences 1, Al Kifaf · 19th floor · completed 2020

1902, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 1.65M14 May 2018
Current rentAED 110K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Park Gate Residences 1

What is 1902 worth today?

Last sold for AED 1,650,000 in 2018

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1 Apr 2026RentedRenewal
AED 110,000/yr12 months · AED 111 per sqft
1 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 111 per sqft
13 Jul 2023RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft
13 Jul 2022RentedRenewal
AED 60,000/yr12 months · AED 61 per sqft
13 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
14 May 2018Sold by developerOff-plan
AED 1,650,000AED 1,658 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
995 sqft
Floor
19th of 27
Parking
AB2-058
Developer
Wasl
Completed
2020
Last sold
AED 1.65M · May 2018

About 1902, Park Gate Residences 1

1902 is a one-bedroom apartment of 995 sqft on the 19th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 14 May 2018 for AED 1,650,000, or AED 1,658 per sqft, 4% above the AED 1,589 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 110,000 a year: a gross yield of 6.7% on the 2018 price.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical one-bed in Park Gate Residences 1
1.6M1.8M2M20182020202220242026Typical sale price by year: 2018 AED 1,575,500; 2020 AED 1,616,389; 2021 AED 1,697,277; 2022 AED 1,635,777; 2023 AED 1,791,777; 2024 AED 1,638,889; 2025 AED 2,000,000Sold by developer, May 2018: AED 1,650,000 (AED 1,658 per sqft)

1902 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1902, each contractTypical one-bed in Park Gate Residences 1
75K100K2021202320252027Typical rent by year: 2021 AED 66,000; 2022 AED 75,500; 2023 AED 92,500; 2024 AED 101,000; 2025 AED 105,000; 2026 AED 105,000New contract, July 2021: AED 60,000 a yearRenewal, July 2022: AED 60,000 a yearRenewal, July 2023: AED 66,000 a yearNew contract, April 2025: AED 110,000 a yearRenewal, April 2026: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Gate Residences 1, and where 1902 sits

All 44 1-beds →

1902 last sold in May 2018 at AED 1,658 per sqft, 4% above what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,589). Over the last 12 months one-beds sold for AED 1,950,000 to 2,000,000, around AED 1,993 per sqft, and rent for AED 85,000 to 125,000 a year. 1902's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 20261,950,000
15 Dec 20252,000,000
11 Aug 20251,750,000
19 Jun 20252,274,670
2 1-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 19th floor

All 204 units in Park Gate Residences 1
Value
19013-bedAED 4.25M · Jul 2024
19033-bedAED 3.41M · Sep 2019
19043-bedAED 3.12M · Mar 2018
19053-bedAED 2.97M · May 2020
19061-bedAED 1.63M · May 2022
19073-bedAED 3.17M · Mar 2022
19083-bedAED 3.12M · Sep 2019

1902, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 14 May 2018 for AED 1,650,000, or AED 1,658 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 60,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 6.7%.
  • One-beds in Park Gate Residences 1 sold for AED 1,950,000–2,000,000 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 April 2026.

Questions about 1902, Park Gate Residences 1

What did unit 1902 last sell for?

AED 1,650,000 on 14 May 2018, sold by the developer: AED 1,658 per sqft for 995 sqft. It is the only registered sale of the unit.

What is the rent for unit 1902?

AED 110,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 110,000; the unit has been rented since July 2021.

How big is unit 1902?

995 sqft (92.4 sqm): a one-bedroom apartment on the 19th floor of a 27-storey tower completed in 2020.

What is unit 1902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 1 sold for AED 1,950,000 to 2,000,000 in the last 12 months, around AED 1,993 per sqft.

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Mortgage on 1902, Park Gate Residences 1

Starts from the last sale price (AED 1.65M, 14 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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