2606, 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 2606, Park Gate Residences 1
What is 2606 worth today?
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Source: Dubai Land Department. Updated 21 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 26th of 27
- Parking
- AB3-012
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.66M · April 2022
- Building
- Park Gate Residences 1
About 2606, Park Gate Residences 1
2606 is a one-bedroom apartment of 987 sqft on the 26th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 21 April 2022 for AED 1,663,777, or AED 1,685 per sqft, in line with the AED 1,707 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2606 over time
2606 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 2606 sits
All 44 1-beds →2606 last sold in April 2022 at AED 1,685 per sqft, in line with what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,707). 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 26th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 3-bed | 2,060 sqft | AED 3.63MAED 3,632,777 · Jul 2022July 2022 | 240,000 /yr | |
| 2602 | 1-bed | 995 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | ||
| 2603 | 3-bed | 2,060 sqft | AED 4MAED 4,000,000 · Jan 2024January 2024 | 160,000 /yr | |
| 2604 | 3-bed | 2,162 sqft | AED 3.22MAED 3,218,000 · Mar 2018March 2018 | ||
| 2605 | 3-bed | 2,155 sqft | AED 3.16MAED 3,162,777 · Sep 2021September 2021 | ||
| 2607 | 3-bed | 2,155 sqft | AED 3.27MAED 3,270,777 · Jul 2022July 2022 | ||
| 2608 | 3-bed | 2,163 sqft | AED 3.05MAED 3,050,000 · Feb 2022February 2022 | 155,000 /yr |
2606, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 21 April 2022 for AED 1,663,777, or AED 1,685 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 21 April 2022.
Questions about 2606, Park Gate Residences 1
What did unit 2606 last sell for?
AED 1,663,777 on 21 April 2022, sold by the developer: AED 1,685 per sqft for 987 sqft. It is the only registered sale of the unit.
How big is unit 2606?
987 sqft (91.7 sqm): a one-bedroom apartment on the 26th floor of a 27-storey tower completed in 2020.
What is unit 2606 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 2606, Park Gate Residences 1
Starts from the last sale price (AED 1.66M, 21 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,663,777
- Deposit, UAE resident (20%)
- AED 332,755
- Deposit, non-resident (40%)
- AED 665,511
- Monthly over 25 years at 3.7%
- AED 6,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →