2-bed · 1,571 sqftPark Gate Residences 1, Al Kifaf · 8th floor · completed 2020

801, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 4 March 2022
Last soldAED 2.64M4 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Park Gate Residences 1

What is 801 worth today?

Last sold for AED 2,635,777 in 2022

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4 Mar 2022Sold by developerReady
AED 2,635,777AED 1,677 per sqft

Source: Dubai Land Department. Updated 4 March 2022.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
8th of 27
Parking
B2-168
Developer
Wasl
Completed
2020
Last sold
AED 2.64M · March 2022

About 801, Park Gate Residences 1

801 is a two-bedroom apartment of 1,571 sqft on the 8th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 4 March 2022 for AED 2,635,777, or AED 1,677 per sqft, 24% above the AED 1,356 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical two-bed in Park Gate Residences 1
2M2.5M20182020202220242026Typical 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, March 2022: AED 2,635,777 (AED 1,677 per sqft)

801 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 801, 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 801 sits

All 108 2-beds →

801 last sold in March 2022 at AED 1,677 per sqft, 24% above what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,356). 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
27 Nov 20252,750,000
18 Nov 20253,000,000
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 8th floor

All 204 units in Park Gate Residences 1
Value
8021-bedAED 1.5M · Feb 2023
8032-bedAED 2.5M · Oct 2023
8042-bedAED 1.87M · Apr 2018
8052-bedAED 1.94M · Apr 2018
8062-bedAED 2.55M · Mar 2025
8071-bedAED 1.55M · Jul 2022
8082-bedAED 2.08M · Mar 2022
1–7 of 9

801, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 4 March 2022 for AED 2,635,777, or AED 1,677 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 4 March 2022.

Questions about 801, Park Gate Residences 1

What did unit 801 last sell for?

AED 2,635,777 on 4 March 2022, sold by the developer: AED 1,677 per sqft for 1,571 sqft. It is the only registered sale of the unit.

How big is unit 801?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 8th floor of a 27-storey tower completed in 2020.

What is unit 801 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 801, Park Gate Residences 1

Starts from the last sale price (AED 2.64M, 4 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,635,777
Deposit, UAE resident (20%)
AED 527,155
Deposit, non-resident (40%)
AED 1,054,311
Monthly over 25 years at 3.7%
AED 10,784

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