906, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 906, Park Gate Residences 1
What is 906 worth today?
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Source: Dubai Land Department. Updated 15 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,555 sqft
- Floor
- 9th of 27
- Parking
- B2-177
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.88M · April 2018
- Building
- Park Gate Residences 1
About 906, Park Gate Residences 1
906 is a two-bedroom apartment of 1,555 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 16 April 2018 for AED 1,875,000, or AED 1,205 per sqft, in line with the AED 1,239 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 115,000 a year: a gross yield of 6.1% on the 2018 price.
Sales and rents for 906 over time
906 has sold once; 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 906 sits
All 108 2-beds →906 last sold in April 2018 at AED 1,205 per sqft, in line with what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,239). 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. 906's AED 115,000 is at the bottom 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 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 | |
| 902 | 1-bed | 994 sqft | AED 1.58MAED 1,581,000 · Mar 2018March 2018 | 75,000 /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 | ||
| 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 |
906, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 16 April 2018 for AED 1,875,000, or AED 1,205 per sqft.
- Rented since February 2022 on 3 Ejari contracts, from AED 110,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2018 price is 6.1%.
- 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 15 February 2024.
Questions about 906, Park Gate Residences 1
What did unit 906 last sell for?
AED 1,875,000 on 16 April 2018, sold by the developer: AED 1,205 per sqft for 1,555 sqft. It is the only registered sale of the unit.
What is the rent for unit 906?
AED 115,000 a year on the contract renewed on 15 February 2024. The previous contract, from February 2023, was AED 110,000; the unit has been rented since February 2022.
How big is unit 906?
1,555 sqft (144.5 sqm): a two-bedroom apartment on the 9th floor of a 27-storey tower completed in 2020.
What is unit 906 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 906, Park Gate Residences 1
Starts from the last sale price (AED 1.88M, 16 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,875,000
- Deposit, UAE resident (20%)
- AED 375,000
- Deposit, non-resident (40%)
- AED 750,000
- Monthly over 25 years at 3.7%
- AED 7,671
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →