2002, Park Gate Residences 1
Sold prices and rental history: sold twice, last in April 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, Park Gate Residences 1
What is 2002 worth today?
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Source: Dubai Land Department. Updated 16 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 995 sqft
- Floor
- 20th of 27
- Parking
- AB2-116
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.03M · April 2025
- Building
- Park Gate Residences 1
About 2002, Park Gate Residences 1
2002 is a one-bedroom apartment of 995 sqft on the 20th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 16 April 2025 for AED 2,025,000, or AED 2,035 per sqft, 13% above the AED 1,794 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 77,000 a year: a gross yield of 3.8% on the 2025 price.
Sales and rents for 2002 over time
2002 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2002 sits
All 44 1-beds →2002 last sold in April 2025 at AED 2,035 per sqft, 13% above what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,794). 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. 2002's AED 77,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 994 sqft | 1,950,000 | 1,960 | ||
| 15 Dec 202515 December 2025 | 987 sqft | 2,000,000 | 2,025 | ||
| 11 Aug 202511 August 2025 | 994 sqft | 1,750,000 | 1,759 | ||
| 19 Jun 202519 June 2025 | 987 sqft | 2,274,670 | 2,303 |
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 20th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 3-bed | 2,060 sqft | AED 3.56MAED 3,561,777 · Jul 2022July 2022 | ||
| 2003 | 3-bed | 2,060 sqft | AED 4.3MAED 4,300,000 · Feb 2024February 2024 | ||
| 2004 | 3-bed | 2,162 sqft | AED 3.85MAED 3,850,000 · Apr 2023April 2023 | 220,000 /yr | |
| 2005 | 3-bed | 2,155 sqft | AED 3.65MAED 3,650,000 · Jun 2023June 2023 | 140,000 /yr | |
| 2006 | 1-bed | 987 sqft | AED 2MAED 2,000,000 · Oct 2023October 2023 | ||
| 2007 | 3-bed | 2,155 sqft | AED 4.2MAED 4,200,000 · Jan 2025January 2025 | 210,000 /yr | |
| 2008 | 3-bed | 2,163 sqft | AED 3.14MAED 3,137,000 · Sep 2019September 2019 |
2002, Park Gate Residences 1 in numbers
- Sold twice: first on 16 August 2020 for AED 1,657,000, last on 16 April 2025 for AED 2,025,000 (AED 2,035 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 70,000 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2025 price is 3.8%.
- 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 16 April 2025.
Questions about 2002, Park Gate Residences 1
What did unit 2002 last sell for?
AED 2,025,000 on 16 April 2025: AED 2,035 per sqft for 995 sqft. The unit has 2 registered sales; the first was AED 1,657,000 in August 2020.
What is the rent for unit 2002?
AED 77,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 70,000; the unit has been rented since November 2021.
How big is unit 2002?
995 sqft (92.4 sqm): a one-bedroom apartment on the 20th floor of a 27-storey tower completed in 2020.
What is unit 2002 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 2002, Park Gate Residences 1
Starts from the last sale price (AED 2.03M, 16 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,025,000
- Deposit, UAE resident (20%)
- AED 405,000
- Deposit, non-resident (40%)
- AED 810,000
- Monthly over 25 years at 3.7%
- AED 8,285
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →