2-bed · 1,609 sqftPark Gate Residences 1, Al Kifaf · 8th floor · completed 2020

809, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 2.01M11 March 2019
Current rentAED 155K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Park Gate Residences 1

What is 809 worth today?

Last sold for AED 2,013,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Feb 2026RentedNew contract
AED 155,000/yr12 months · AED 96 per sqft
11 Mar 2019Sold by developerOff-plan
AED 2,013,000AED 1,250 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
2-bed apartment
Size
1,609 sqft
Floor
8th of 27
Parking
B2-001
Developer
Wasl
Completed
2020
Last sold
AED 2.01M · March 2019

About 809, Park Gate Residences 1

809 is a two-bedroom apartment of 1,609 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 11 March 2019 for AED 2,013,000, or AED 1,250 per sqft, in line with the AED 1,248 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2026. The current contract, signed on 20 February 2026, is AED 155,000 a year: a gross yield of 7.7% on the 2019 price.

Sales and rents for 809 over time

Sales
Unit 809, 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 2019: AED 2,013,000 (AED 1,250 per sqft)

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

Rents
Unit 809, 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 155,000New contract, February 2026: AED 155,000 a year

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 809 sits

All 108 2-beds →

809 last sold in March 2019 at AED 1,250 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,248). 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. 809's AED 155,000 is in the lower half of that range.

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
8012-bedAED 2.64M · Mar 2022
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
1–7 of 9

809, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 11 March 2019 for AED 2,013,000, or AED 1,250 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2019 price is 7.7%.
  • 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 20 February 2026.

Questions about 809, Park Gate Residences 1

What did unit 809 last sell for?

AED 2,013,000 on 11 March 2019, sold by the developer: AED 1,250 per sqft for 1,609 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 155,000 a year on the contract signed on 20 February 2026.

How big is unit 809?

1,609 sqft (149.5 sqm): a two-bedroom apartment on the 8th floor of a 27-storey tower completed in 2020.

What is unit 809 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.

Selling 809? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 809, Park Gate Residences 1

Starts from the last sale price (AED 2.01M, 11 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,013,000
Deposit, UAE resident (20%)
AED 402,600
Deposit, non-resident (40%)
AED 805,200
Monthly over 25 years at 3.7%
AED 8,236

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