2008, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2008, Park Gate Residences 1
What is 2008 worth today?
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Source: Dubai Land Department. Updated 25 September 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,163 sqft
- Floor
- 20th of 27
- Parking
- AB2-014, AB2-015 , B2-165
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.14M · September 2019
- Building
- Park Gate Residences 1
About 2008, Park Gate Residences 1
2008 is a three-bedroom apartment of 2,163 sqft on the 20th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 25 September 2019 for AED 3,137,000, or AED 1,450 per sqft, in line with the AED 1,459 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2008 over time
2008 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Park Gate Residences 1, and where 2008 sits
All 49 3-beds →2008 last sold in September 2019 at AED 1,450 per sqft, in line with what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,459). Over the last 12 months three-beds sold for AED 4,100,000 to 4,329,777, around AED 1,949 per sqft, and rent for AED 190,000 to 255,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 2,163 sqft | 4,100,000 | 1,895 | ||
| 11 Aug 202611 August 2026 | 2,163 sqft | 4,329,777 | 2,002 | ||
| 4 Jun 20254 June 2025 | 2,163 sqft | 4,000,000 | 1,849 | ||
| 21 Jan 202521 January 2025 | 2,155 sqft | 4,200,000 | 1,948 |
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 | ||
| 2002 | 1-bed | 995 sqft | AED 2.03MAED 2,025,000 · Apr 2025April 2025 | 77,000 /yr | |
| 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, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 25 September 2019 for AED 3,137,000, or AED 1,450 per sqft.
- Three-beds in Park Gate Residences 1 sold for AED 4,100,000–4,329,777 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 25 September 2019.
Questions about 2008, Park Gate Residences 1
What did unit 2008 last sell for?
AED 3,137,000 on 25 September 2019, sold by the developer: AED 1,450 per sqft for 2,163 sqft. It is the only registered sale of the unit.
How big is unit 2008?
2,163 sqft (200.9 sqm): a three-bedroom apartment on the 20th floor of a 27-storey tower completed in 2020.
What is unit 2008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Gate Residences 1 sold for AED 4,100,000 to 4,329,777 in the last 12 months, around AED 1,949 per sqft.
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Mortgage on 2008, Park Gate Residences 1
Starts from the last sale price (AED 3.14M, 25 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,137,000
- Deposit, UAE resident (20%)
- AED 627,400
- Deposit, non-resident (40%)
- AED 1,254,800
- Monthly over 25 years at 3.7%
- AED 12,834
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →