1-bed · 994 sqftPark Gate Residences 2, Al Kifaf · 10th floor · completed 2020

1002, Park Gate Residences 2

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 1002 · DLD and Ejari recordsUpdated 21 March 2022
Last soldAED 1.86M21 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Park Gate Residences 2

What is 1002 worth today?

Last sold for AED 1,863,777 in 2022

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21 Mar 2022Sold by developerReady
AED 1,863,777AED 1,874 per sqft

Source: Dubai Land Department. Updated 21 March 2022.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
10th of 20
Parking
B1-095
Developer
Wasl
Completed
2020
Last sold
AED 1.86M · March 2022

About 1002, Park Gate Residences 2

1002 is a one-bedroom apartment of 994 sqft on the 10th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 21 March 2022 for AED 1,863,777, or AED 1,874 per sqft, 4% above the AED 1,807 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Park Gate Residences 2
1.6M1.8M2019202120232025Typical sale price by year: 2019 AED 1,638,777; 2022 AED 1,719,777; 2023 AED 1,791,777; 2024 AED 1,795,889; 2025 AED 1,800,000Sold by developer, March 2022: AED 1,863,777 (AED 1,874 per sqft)

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Park Gate Residences 2
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 117,500; 2026 AED 120,000

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 2, and where 1002 sits

All 34 1-beds →

1002 last sold in March 2022 at AED 1,874 per sqft, 4% above what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,807). Over the last 12 months one-beds sold for AED 1,650,000 to 2,200,000, around AED 1,823 per sqft, and rent for AED 80,000 to 136,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Aug 20262,200,000
9 Jul 20261,650,000
17 Dec 20251,800,000
26 Jun 20251,940,000
3 1-bed sales in the last 12 months

Park Gate Residences 2

Building

163 apartments, 1-bed to 4-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 12 sold in the last 12 months.

Typical price per sqft
AED 1,840 Up 3.5%
Typical sale
AED 2.83M
Typical rent
AED 148K /yr
Typical yield
5.2%
Park Gate Residences 2, Al Kifaf: prices, sales and rents →

Other units on the 10th floor

All 163 units in Park Gate Residences 2
Value
10012-bedAED 2.88M · Mar 2022
10032-bedAED 3.3M · Jan 2026
10042-bedAED 2.29M · Jun 2023
10052-bedAED 2.95M · May 2025
10062-bedAED 2.75M · Mar 2024
10071-bedAED 1.8M · Dec 2025
10082-bedAED 2.18M · Mar 2022
1–7 of 9

1002, Park Gate Residences 2 in numbers

  • Sold once: by Wasl on 21 March 2022 for AED 1,863,777, or AED 1,874 per sqft.
  • One-beds in Park Gate Residences 2 sold for AED 1,650,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,840 per sqft.

Source: Dubai Land Department. Updated 21 March 2022.

Questions about 1002, Park Gate Residences 2

What did unit 1002 last sell for?

AED 1,863,777 on 21 March 2022, sold by the developer: AED 1,874 per sqft for 994 sqft. It is the only registered sale of the unit.

How big is unit 1002?

994 sqft (92.3 sqm): a one-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.

What is unit 1002 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 2 sold for AED 1,650,000 to 2,200,000 in the last 12 months, around AED 1,823 per sqft.

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Mortgage on 1002, Park Gate Residences 2

Starts from the last sale price (AED 1.86M, 21 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,863,777
Deposit, UAE resident (20%)
AED 372,755
Deposit, non-resident (40%)
AED 745,511
Monthly over 25 years at 3.7%
AED 7,625

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