1-bed · 987 sqftPark Gate Residences 1, Al Kifaf · 19th floor · completed 2020

1906, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1906 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 1.63M13 May 2022
Current rentAED 105K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1906, Park Gate Residences 1

What is 1906 worth today?

Last sold for AED 1,628,777 in 2022

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15 Oct 2026RentedRenewal
AED 105,000/yr12 months · AED 107 per sqft
15 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
13 May 2022Sold by developerReady
AED 1,628,777AED 1,649 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
19th of 27
Parking
AB2-103
Developer
Wasl
Completed
2020
Last sold
AED 1.63M · May 2022

About 1906, Park Gate Residences 1

1906 is a one-bedroom apartment of 987 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 13 May 2022 for AED 1,628,777, or AED 1,649 per sqft, 3% below the AED 1,707 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 105,000 a year: a gross yield of 6.5% on the 2022 price.

Sales and rents for 1906 over time

Sales
Unit 1906, 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 2022: AED 1,628,777 (AED 1,649 per sqft)

1906 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1906, each contractTypical one-bed in Park Gate Residences 1
60K80K100K2021202320252027Typical 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, October 2024: AED 95,000 a yearRenewal, October 2026: AED 105,000 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 1906 sits

All 44 1-beds →

1906 last sold in May 2022 at AED 1,649 per sqft, 3% below what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,707). 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. 1906's AED 105,000 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
19021-bedAED 1.65M · May 2018
19033-bedAED 3.41M · Sep 2019
19043-bedAED 3.12M · Mar 2018
19053-bedAED 2.97M · May 2020
19073-bedAED 3.17M · Mar 2022
19083-bedAED 3.12M · Sep 2019

1906, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 13 May 2022 for AED 1,628,777, or AED 1,649 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 95,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 6.5%.
  • 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 15 October 2026.

Questions about 1906, Park Gate Residences 1

What did unit 1906 last sell for?

AED 1,628,777 on 13 May 2022, sold by the developer: AED 1,649 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 1906?

AED 105,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2024, was AED 95,000.

How big is unit 1906?

987 sqft (91.7 sqm): a one-bedroom apartment on the 19th floor of a 27-storey tower completed in 2020.

What is unit 1906 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 1906, Park Gate Residences 1

Starts from the last sale price (AED 1.63M, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,628,777
Deposit, UAE resident (20%)
AED 325,755
Deposit, non-resident (40%)
AED 651,511
Monthly over 25 years at 3.7%
AED 6,664

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