902, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in March 2018, 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 902, Park Gate Residences 1
What is 902 worth today?
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Source: Dubai Land Department. Updated 14 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 9th of 27
- Parking
- B2-014
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.58M · March 2018
- Building
- Park Gate Residences 1
About 902, Park Gate Residences 1
902 is a one-bedroom apartment of 994 sqft on the 9th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 1 March 2018 for AED 1,581,000, or AED 1,589 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 14 April 2024, is AED 75,000 a year: a gross yield of 4.7% on the 2018 price.
Sales and rents for 902 over time
902 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 1, and where 902 sits
All 44 1-beds →Over the last 12 months one-beds sold for AED 1,950,000 to 2,000,000, around AED 1,993 per sqft, and rent for AED 85,000 to 125,000 a year. 902's AED 75,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 994 sqft | 1,950,000 | 1,960 | ||
| 15 Dec 202515 December 2025 | 987 sqft | 2,000,000 | 2,025 | ||
| 11 Aug 202511 August 2025 | 994 sqft | 1,750,000 | 1,759 | ||
| 19 Jun 202519 June 2025 | 987 sqft | 2,274,670 | 2,303 |
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 9th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,571 sqft | AED 2.65MAED 2,646,777 · May 2022May 2022 | 134,532 /yr | |
| 903 | 2-bed | 1,477 sqft | AED 2.43MAED 2,429,777 · Mar 2020March 2020 | 130,000 /yr | |
| 904 | 2-bed | 1,554 sqft | AED 2.45MAED 2,450,000 · Jun 2023June 2023 | ||
| 905 | 2-bed | 1,610 sqft | AED 1.98MAED 1,983,000 · Feb 2018February 2018 | ||
| 906 | 2-bed | 1,555 sqft | AED 1.88MAED 1,875,000 · Apr 2018April 2018 | 115,000 /yr | |
| 907 | 1-bed | 987 sqft | AED 1.79MAED 1,791,777 · May 2024May 2024 | 85,000 /yr | |
| 908 | 2-bed | 1,634 sqft | AED 2.11MAED 2,107,777 · May 2022May 2022 | 145,000 /yr | |
| 909 | 2-bed | 1,609 sqft | AED 2.7MAED 2,700,000 · Oct 2025October 2025 | 160,000 /yr | |
| 910 | 2-bed | 1,554 sqft | AED 1.96MAED 1,959,000 · Jan 2019January 2019 |
902, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 1 March 2018 for AED 1,581,000, or AED 1,589 per sqft.
- Rented since April 2021 on 4 Ejari contracts, from AED 67,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2018 price is 4.7%.
- One-beds in Park Gate Residences 1 sold for AED 1,950,000–2,000,000 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 14 April 2024.
Questions about 902, Park Gate Residences 1
What did unit 902 last sell for?
AED 1,581,000 on 1 March 2018, sold by the developer: AED 1,589 per sqft for 994 sqft. It is the only registered sale of the unit.
What is the rent for unit 902?
AED 75,000 a year on the contract renewed on 14 April 2024. The previous contract, from April 2023, was AED 67,000; the unit has been rented since April 2021.
How big is unit 902?
994 sqft (92.3 sqm): a one-bedroom apartment on the 9th floor of a 27-storey tower completed in 2020.
What is unit 902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 1 sold for AED 1,950,000 to 2,000,000 in the last 12 months, around AED 1,993 per sqft.
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Mortgage on 902, Park Gate Residences 1
Starts from the last sale price (AED 1.58M, 1 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,581,000
- Deposit, UAE resident (20%)
- AED 316,200
- Deposit, non-resident (40%)
- AED 632,400
- Monthly over 25 years at 3.7%
- AED 6,468
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →