703, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in September 2019, 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 703, Park Gate Residences 1
What is 703 worth today?
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Source: Dubai Land Department. Updated 25 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 7th of 27
- Parking
- B2-171
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.42M · September 2019
- Building
- Park Gate Residences 1
About 703, Park Gate Residences 1
703 is a two-bedroom apartment of 1,571 sqft on the 7th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 25 September 2019 for AED 2,422,000, or AED 1,541 per sqft, in line with the AED 1,541 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 703 over time
703 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Gate Residences 1, and where 703 sits
All 108 2-beds →703 last sold in September 2019 at AED 1,541 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,541). Over the last 12 months two-beds sold for AED 2,750,000 to 3,400,000, around AED 1,891 per sqft, and rent for AED 126,000 to 210,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 1,611 sqft | 3,400,000 | 2,111 | ||
| 11 Aug 202611 August 2026 | 1,554 sqft | 3,025,000 | 1,946 | ||
| 27 Nov 202527 November 2025 | 1,634 sqft | 2,750,000 | 1,683 | ||
| 18 Nov 202518 November 2025 | 1,635 sqft | 3,000,000 | 1,835 |
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 7th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,477 sqft | AED 2.63MAED 2,632,777 · Apr 2022April 2022 | ||
| 702 | 1-bed | 994 sqft | AED 1.62MAED 1,615,777 · Jun 2023June 2023 | ||
| 704 | 2-bed | 1,553 sqft | AED 1.94MAED 1,939,000 · Apr 2018April 2018 | ||
| 705 | 2-bed | 1,528 sqft | AED 2.03MAED 2,030,000 · Apr 2018April 2018 | 140,000 /yr | |
| 706 | 2-bed | 1,634 sqft | AED 2.75MAED 2,750,000 · Nov 2025November 2025 | ||
| 707 | 1-bed | 987 sqft | AED 1.54MAED 1,542,777 · May 2023May 2023 | 100,000 /yr | |
| 708 | 2-bed | 1,557 sqft | AED 2.8MAED 2,800,000 · Apr 2025April 2025 | 140,000 /yr | |
| 709 | 2-bed | 1,527 sqft | AED 1.99MAED 1,990,000 · Jul 2018July 2018 | ||
| 710 | 2-bed | 1,554 sqft | AED 2.04MAED 2,040,777 · Jun 2021June 2021 |
703, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 25 September 2019 for AED 2,422,000, or AED 1,541 per sqft.
- Two-beds in Park Gate Residences 1 sold for AED 2,750,000–3,400,000 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 25 September 2019.
Questions about 703, Park Gate Residences 1
What did unit 703 last sell for?
AED 2,422,000 on 25 September 2019, sold by the developer: AED 1,541 per sqft for 1,571 sqft. It is the only registered sale of the unit.
How big is unit 703?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2020.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Gate Residences 1 sold for AED 2,750,000 to 3,400,000 in the last 12 months, around AED 1,891 per sqft.
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Mortgage on 703, Park Gate Residences 1
Starts from the last sale price (AED 2.42M, 25 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,422,000
- Deposit, UAE resident (20%)
- AED 484,400
- Deposit, non-resident (40%)
- AED 968,800
- Monthly over 25 years at 3.7%
- AED 9,909
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →