2206, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2206, Park Gate Residences 1
What is 2206 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 22nd of 27
- Parking
- AB4-009
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.63M · July 2022
- Building
- Park Gate Residences 1
About 2206, Park Gate Residences 1
2206 is a one-bedroom apartment of 987 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 20 July 2022 for AED 1,631,777, or AED 1,652 per sqft, in line with the AED 1,659 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 April 2023. The current contract, signed on 10 April 2023, is AED 90,000 a year: a gross yield of 5.5% on the 2022 price.
Sales and rents for 2206 over time
2206 has sold once; 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 2206 sits
All 44 1-beds →2206 last sold in July 2022 at AED 1,652 per sqft, in line with what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,659). 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. 2206's AED 90,000 is in the lower half 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 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 | ||
| 2205 | 3-bed | 2,155 sqft | AED 2.9MAED 2,897,000 · Mar 2018March 2018 | ||
| 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 |
2206, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 20 July 2022 for AED 1,631,777, or AED 1,652 per sqft.
- Rented since April 2023 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 5.5%.
- 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 10 April 2023.
Questions about 2206, Park Gate Residences 1
What did unit 2206 last sell for?
AED 1,631,777 on 20 July 2022, sold by the developer: AED 1,652 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 2206?
AED 90,000 a year on the contract signed on 10 April 2023.
How big is unit 2206?
987 sqft (91.7 sqm): a one-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2020.
What is unit 2206 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.
Selling 2206? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2206, Park Gate Residences 1
Starts from the last sale price (AED 1.63M, 20 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,631,777
- Deposit, UAE resident (20%)
- AED 326,355
- Deposit, non-resident (40%)
- AED 652,711
- Monthly over 25 years at 3.7%
- AED 6,676
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →