2506, Park Gate Residences 1
Sold prices and rental history: sold twice, last in June 2025, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2506, Park Gate Residences 1
What is 2506 worth today?
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Source: Dubai Land Department. Updated 19 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 25th of 27
- Parking
- AB3-011
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.27M · June 2025
- Building
- Park Gate Residences 1
About 2506, Park Gate Residences 1
2506 is a one-bedroom apartment of 987 sqft on the 25th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 19 June 2025 for AED 2,274,670, or AED 2,303 per sqft, 20% above the AED 1,913 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 9 December 2023. The current contract, signed on 9 December 2023, is AED 125,000 a year: a gross yield of 5.5% on the 2025 price.
Sales and rents for 2506 over time
2506 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 2506 sits
All 44 1-beds →2506 last sold in June 2025 at AED 2,303 per sqft, 20% above what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,913). 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. 2506's AED 125,000 is at the top 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 | ||
| 28 Apr 202528 April 2025 | 995 sqft | 2,000,000 | 2,010 |
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 25th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 2,060 sqft | AED 3.57MAED 3,568,777 · Apr 2020April 2020 | ||
| 2502 | 1-bed | 995 sqft | AED 1.66MAED 1,660,777 · Sep 2019September 2019 | 105,000 /yr | |
| 2503 | 3-bed | 2,060 sqft | AED 3.43MAED 3,429,777 · Sep 2019September 2019 | 155,250 /yr | |
| 2504 | 3-bed | 2,162 sqft | AED 3.2MAED 3,204,000 · Mar 2018March 2018 | ||
| 2505 | 3-bed | 2,155 sqft | AED 3.3MAED 3,300,000 · Jun 2022June 2022 | ||
| 2507 | 3-bed | 2,155 sqft | AED 3.26MAED 3,256,777 · Jul 2022July 2022 | 187,000 /yr | |
| 2508 | 3-bed | 2,163 sqft | AED 4.1MAED 4,100,000 · Sep 2026September 2026 | 160,000 /yr |
2506, Park Gate Residences 1 in numbers
- Sold twice: first on 6 June 2022 for AED 1,624,777, last on 19 June 2025 for AED 2,274,670 (AED 2,303 per sqft).
- Rented since December 2023 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2025 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 19 June 2025.
Questions about 2506, Park Gate Residences 1
What did unit 2506 last sell for?
AED 2,274,670 on 19 June 2025: AED 2,303 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,624,777 in June 2022.
What is the rent for unit 2506?
AED 125,000 a year on the contract signed on 9 December 2023.
How big is unit 2506?
987 sqft (91.7 sqm): a one-bedroom apartment on the 25th floor of a 27-storey tower completed in 2020.
What is unit 2506 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 2506, Park Gate Residences 1
Starts from the last sale price (AED 2.27M, 19 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,274,670
- Deposit, UAE resident (20%)
- AED 454,934
- Deposit, non-resident (40%)
- AED 909,868
- Monthly over 25 years at 3.7%
- AED 9,306
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →