704, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in April 2018, 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 704, Park Gate Residences 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 3 April 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,553 sqft
- Floor
- 7th of 27
- Parking
- B2-156
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.94M · April 2018
- Building
- Park Gate Residences 1
About 704, Park Gate Residences 1
704 is a two-bedroom apartment of 1,553 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 3 April 2018 for AED 1,939,000, or AED 1,248 per sqft, in line with the AED 1,234 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 704 over time
704 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 704 sits
All 108 2-beds →704 last sold in April 2018 at AED 1,248 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,234). 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 | ||
| 703 | 2-bed | 1,571 sqft | AED 2.42MAED 2,422,000 · Sep 2019September 2019 | ||
| 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 |
704, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 3 April 2018 for AED 1,939,000, or AED 1,248 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 3 April 2018.
Questions about 704, Park Gate Residences 1
What did unit 704 last sell for?
AED 1,939,000 on 3 April 2018, sold by the developer: AED 1,248 per sqft for 1,553 sqft. It is the only registered sale of the unit.
How big is unit 704?
1,553 sqft (144.3 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2020.
What is unit 704 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 704, Park Gate Residences 1
Starts from the last sale price (AED 1.94M, 3 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,939,000
- Deposit, UAE resident (20%)
- AED 387,800
- Deposit, non-resident (40%)
- AED 775,600
- Monthly over 25 years at 3.7%
- AED 7,933
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →