2205, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in March 2018, 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 2205, Park Gate Residences 1
What is 2205 worth today?
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Source: Dubai Land Department. Updated 5 March 2018.
Key facts
- Type
- 3-bed apartment
- Size
- 2,155 sqft
- Floor
- 22nd of 27
- Parking
- AB4-014, AB4-015
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.9M · March 2018
- Building
- Park Gate Residences 1
About 2205, Park Gate Residences 1
2205 is a three-bedroom apartment of 2,155 sqft on the 22nd floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 5 March 2018 for AED 2,897,000, or AED 1,344 per sqft, 8% below the AED 1,462 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2205 over time
2205 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 2205 sits
All 49 3-beds →2205 last sold in March 2018 at AED 1,344 per sqft, 8% below what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,462). 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 22nd floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2202 | 1-bed | 995 sqft | AED 2.05MAED 2,050,000 · Oct 2022October 2022 | ||
| 2203 | 3-bed | 2,060 sqft | AED 4.18MAED 4,176,455 · Apr 2022April 2022 | ||
| 2204 | 3-bed | 2,162 sqft | AED 3.16MAED 3,161,000 · Mar 2018March 2018 | ||
| 2206 | 1-bed | 987 sqft | AED 1.63MAED 1,631,777 · Jul 2022July 2022 | 90,000 /yr | |
| 2207 | 3-bed | 2,155 sqft | AED 3.21MAED 3,214,777 · Jul 2022July 2022 | 210,000 /yr | |
| 2208 | 3-bed | 2,163 sqft | AED 3.17MAED 3,166,000 · Jan 2019January 2019 |
2205, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 5 March 2018 for AED 2,897,000, or AED 1,344 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 5 March 2018.
Questions about 2205, Park Gate Residences 1
What did unit 2205 last sell for?
AED 2,897,000 on 5 March 2018, sold by the developer: AED 1,344 per sqft for 2,155 sqft. It is the only registered sale of the unit.
How big is unit 2205?
2,155 sqft (200.2 sqm): a three-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2020.
What is unit 2205 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 2205, Park Gate Residences 1
Starts from the last sale price (AED 2.9M, 5 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,897,000
- Deposit, UAE resident (20%)
- AED 579,400
- Deposit, non-resident (40%)
- AED 1,158,800
- Monthly over 25 years at 3.7%
- AED 11,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →