2508, Park Gate Residences 1
Sold prices and rental history: sold twice, last in September 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2508, Park Gate Residences 1
What is 2508 worth today?
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Source: Dubai Land Department. Updated 2 April 2027.
Key facts
- Type
- 3-bed apartment
- Size
- 2,163 sqft
- Floor
- 25th of 27
- Parking
- AB2-003, AB2-004
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 4.1M · September 2026
- Building
- Park Gate Residences 1
About 2508, Park Gate Residences 1
2508 is a three-bedroom apartment of 2,163 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 25 September 2026 for AED 4,100,000, or AED 1,895 per sqft.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 2 April 2027, is AED 160,000 a year: a gross yield of 3.9% on the 2026 price.
Sales and rents for 2508 over time
2508 has sold twice; 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 2508 sits
All 49 3-beds →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. 2508's AED 160,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 18 Jul 202418 July 2024 | 1,967 sqft | 4,250,000 | 2,160 |
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 | ||
| 2506 | 1-bed | 987 sqft | AED 2.27MAED 2,274,670 · Jun 2025June 2025 | 125,000 /yr | |
| 2507 | 3-bed | 2,155 sqft | AED 3.26MAED 3,256,777 · Jul 2022July 2022 | 187,000 /yr |
2508, Park Gate Residences 1 in numbers
- Sold twice: first on 24 February 2019 for AED 3,145,000, last on 25 September 2026 for AED 4,100,000 (AED 1,895 per sqft).
- Rented since October 2021 on 6 Ejari contracts, from AED 155,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2026 price is 3.9%.
- 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 2 April 2027.
Questions about 2508, Park Gate Residences 1
What did unit 2508 last sell for?
AED 4,100,000 on 25 September 2026: AED 1,895 per sqft for 2,163 sqft. The unit has 2 registered sales; the first was AED 3,145,000 in February 2019.
What is the rent for unit 2508?
AED 160,000 a year on the contract signed on 2 April 2027. The previous contract, from April 2025, was AED 185,000; the unit has been rented since October 2021.
How big is unit 2508?
2,163 sqft (200.9 sqm): a three-bedroom apartment on the 25th floor of a 27-storey tower completed in 2020.
What is unit 2508 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 2508, Park Gate Residences 1
Starts from the last sale price (AED 4.1M, 25 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 4,100,000
- Deposit, UAE resident (20%)
- AED 820,000
- Deposit, non-resident (40%)
- AED 1,640,000
- Monthly over 25 years at 3.7%
- AED 16,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →