2-bed · 1,634 sqftPark Gate Residences 1, Al Kifaf · 7th floor · completed 2020

706, Park Gate Residences 1

Sold prices and rental history: sold 3 times, last in November 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 27 November 2025
Last soldAED 2.75M27 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Park Gate Residences 1

What is 706 worth today?

Last sold for AED 2,750,000 in 2025

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27 Nov 2025SoldReady
AED 2,750,000AED 1,683 per sqft
7 Jun 2022SoldReady
AED 2,207,007AED 1,350 per sqft
17 May 2022Sold by developerReady
AED 2,024,777AED 1,239 per sqft

Source: Dubai Land Department. Updated 27 November 2025.

Key facts

Type
2-bed apartment
Size
1,634 sqft
Floor
7th of 27
Parking
B2-175
Developer
Wasl
Completed
2020
Last sold
AED 2.75M · November 2025

About 706, Park Gate Residences 1

706 is a two-bedroom apartment of 1,634 sqft on the 7th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 27 November 2025 for AED 2,750,000, or AED 1,683 per sqft, 5% below the AED 1,764 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Park Gate Residences 1
2M2.5M201820212024Typical sale price by year: 2018 AED 1,983,000; 2019 AED 2,427,777; 2020 AED 2,026,277; 2021 AED 2,087,777; 2022 AED 2,187,777; 2023 AED 2,500,000; 2024 AED 2,800,000; 2025 AED 2,812,500Sold by developer, May 2022: AED 2,024,777 (AED 1,239 per sqft)Sold, June 2022: AED 2,207,007 (AED 1,350 per sqft)Sold, November 2025: AED 2,750,000 (AED 1,683 per sqft)

706 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, each contractTypical two-bed in Park Gate Residences 1
100K150K2021202320252027Typical rent by year: 2021 AED 92,000; 2022 AED 110,000; 2023 AED 133,000; 2024 AED 142,000; 2025 AED 155,000; 2026 AED 155,000

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 706 sits

All 108 2-beds →

706 last sold in November 2025 at AED 1,683 per sqft, 5% below what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,764). 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 salesUnit no.Price (AED)Summary
1 Oct 20263,400,000
11 Aug 20263,025,000
18 Nov 20253,000,000
1 Oct 20252,700,000
4 2-bed sales in the last 12 months

Park Gate Residences 1

Building

204 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%
Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 7th floor

All 204 units in Park Gate Residences 1
Value
7012-bedAED 2.63M · Apr 2022
7021-bedAED 1.62M · Jun 2023
7032-bedAED 2.42M · Sep 2019
7042-bedAED 1.94M · Apr 2018
7052-bedAED 2.03M · Apr 2018
7071-bedAED 1.54M · May 2023
7082-bedAED 2.8M · Apr 2025
1–7 of 9

706, Park Gate Residences 1 in numbers

  • Sold 3 times: first on 17 May 2022 for AED 2,024,777, last on 27 November 2025 for AED 2,750,000 (AED 1,683 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 27 November 2025.

Questions about 706, Park Gate Residences 1

What did unit 706 last sell for?

AED 2,750,000 on 27 November 2025: AED 1,683 per sqft for 1,634 sqft. The unit has 3 registered sales; the first was AED 2,024,777 in May 2022.

How big is unit 706?

1,634 sqft (151.8 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2020.

What is unit 706 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 706, Park Gate Residences 1

Starts from the last sale price (AED 2.75M, 27 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →