803, Park Gate Residences 1
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Park Gate Residences 1
What is 803 worth today?
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Source: Dubai Land Department. Updated 22 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 8th of 27
- Parking
- B2-172
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.5M · October 2023
- Building
- Park Gate Residences 1
About 803, Park Gate Residences 1
803 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. It last sold on 2 October 2023 for AED 2,500,000, or AED 1,591 per sqft, in line with the AED 1,577 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 22 July 2025, is AED 160,000 a year: a gross yield of 6.4% on the 2023 price.
Sales and rents for 803 over time
803 has sold twice; 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 803 sits
All 108 2-beds →803 last sold in October 2023 at AED 1,591 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,577). 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. 803's AED 160,000 is in the lower half of that range.
| 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 8th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,571 sqft | AED 2.64MAED 2,635,777 · Mar 2022March 2022 | ||
| 802 | 1-bed | 994 sqft | AED 1.5MAED 1,500,000 · Feb 2023February 2023 | ||
| 804 | 2-bed | 1,554 sqft | AED 1.87MAED 1,873,000 · Apr 2018April 2018 | ||
| 805 | 2-bed | 1,610 sqft | AED 1.94MAED 1,935,000 · Apr 2018April 2018 | ||
| 806 | 2-bed | 1,633 sqft | AED 2.55MAED 2,550,000 · Mar 2025March 2025 | 150,000 /yr | |
| 807 | 1-bed | 987 sqft | AED 1.55MAED 1,549,777 · Jul 2022July 2022 | 105,000 /yr | |
| 808 | 2-bed | 1,634 sqft | AED 2.08MAED 2,078,777 · Mar 2022March 2022 | ||
| 809 | 2-bed | 1,609 sqft | AED 2.01MAED 2,013,000 · Mar 2019March 2019 | 155,000 /yr | |
| 810 | 2-bed | 1,554 sqft | AED 2.05MAED 2,049,777 · Jun 2021June 2021 |
803, Park Gate Residences 1 in numbers
- Sold twice: first on 24 September 2019 for AED 2,433,000, last on 2 October 2023 for AED 2,500,000 (AED 1,591 per sqft).
- Rented since September 2021 on 4 Ejari contracts, from AED 100,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 6.4%.
- 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 22 July 2025.
Questions about 803, Park Gate Residences 1
What did unit 803 last sell for?
AED 2,500,000 on 2 October 2023: AED 1,591 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,433,000 in September 2019.
What is the rent for unit 803?
AED 160,000 a year on the contract signed on 22 July 2025. The previous contract, from July 2024, was AED 170,000; the unit has been rented since September 2021.
How big is unit 803?
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 803 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 803, Park Gate Residences 1
Starts from the last sale price (AED 2.5M, 2 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →