2302, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in April 2022, 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 2302, Park Gate Residences 1
What is 2302 worth today?
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Source: Dubai Land Department. Updated 18 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 995 sqft
- Floor
- 23rd of 27
- Parking
- AB4-008
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.82M · April 2022
- Building
- Park Gate Residences 1
About 2302, Park Gate Residences 1
2302 is a one-bedroom apartment of 995 sqft on the 23rd floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 18 April 2022 for AED 1,820,777, or AED 1,830 per sqft, 7% above the AED 1,710 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2302 over time
2302 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 2302 sits
All 44 1-beds →2302 last sold in April 2022 at AED 1,830 per sqft, 7% above what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,710). 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.
| 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 23rd floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 2,060 sqft | AED 3.47MAED 3,470,777 · Apr 2020April 2020 | ||
| 2303 | 3-bed | 2,060 sqft | AED 4.3MAED 4,300,000 · Jun 2024June 2024 | 255,000 /yr | |
| 2304 | 3-bed | 648 sqft | AED 2.93MAED 2,925,000 · Feb 2021February 2021 | ||
| 2305 | 3-bed | 2,155 sqft | AED 3.12MAED 3,121,777 · Apr 2021April 2021 | ||
| 2306 | 1-bed | 987 sqft | AED 1.65MAED 1,653,777 · Apr 2022April 2022 | 110,000 /yr | |
| 2307 | 3-bed | 2,155 sqft | AED 3.23MAED 3,226,777 · Jul 2022July 2022 | 195,000 /yr | |
| 2308 | 3-bed | 2,163 sqft | AED 4.33MAED 4,329,777 · Aug 2026August 2026 |
2302, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 18 April 2022 for AED 1,820,777, or AED 1,830 per sqft.
- 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 18 April 2022.
Questions about 2302, Park Gate Residences 1
What did unit 2302 last sell for?
AED 1,820,777 on 18 April 2022, sold by the developer: AED 1,830 per sqft for 995 sqft. It is the only registered sale of the unit.
How big is unit 2302?
995 sqft (92.4 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2020.
What is unit 2302 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 2302, Park Gate Residences 1
Starts from the last sale price (AED 1.82M, 18 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,820,777
- Deposit, UAE resident (20%)
- AED 364,155
- Deposit, non-resident (40%)
- AED 728,311
- Monthly over 25 years at 3.7%
- AED 7,449
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →