2-bed · 1,548 sqftPark Gate Residences 2, Al Kifaf · 10th floor · completed 2020

1004, Park Gate Residences 2

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 23 March 2026
Last soldAED 2.29M15 June 2023
Current rentAED 139K /yr23 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Park Gate Residences 2

What is 1004 worth today?

Last sold for AED 2,285,000 in 2023

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23 Mar 2026RentedNew contract
AED 139,286/yr7 months · AED 90 per sqft
5 Oct 2025RentedRenewal
AED 162,500/yr12 months · AED 105 per sqft
5 Oct 2024RentedRenewal
AED 152,000/yr12 months · AED 98 per sqft
5 Oct 2023RentedNew contract
AED 142,000/yr12 months · AED 92 per sqft
15 Jun 2023SoldReady
AED 2,285,000AED 1,475 per sqft
5 Oct 2022RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
11 May 2022Sold by developerReady
AED 2,149,777AED 1,388 per sqft

Source: Dubai Land Department. Updated 23 March 2026.

Key facts

Type
2-bed apartment
Size
1,548 sqft
Floor
10th of 20
Parking
B1-098
Developer
Wasl
Completed
2020
Last sold
AED 2.29M · June 2023

About 1004, Park Gate Residences 2

1004 is a two-bedroom apartment of 1,548 sqft on the 10th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 15 June 2023 for AED 2,285,000, or AED 1,475 per sqft, in line with the AED 1,455 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 23 March 2026, is AED 139,286 a year: a gross yield of 6.1% on the 2023 price.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Park Gate Residences 2
2M2.5M3M20192021202320252027Typical sale price by year: 2019 AED 1,953,777; 2020 AED 2,017,277; 2021 AED 2,114,777; 2022 AED 2,230,777; 2023 AED 2,750,000; 2024 AED 2,714,000; 2025 AED 2,900,581; 2026 AED 2,925,000Sold by developer, May 2022: AED 2,149,777 (AED 1,388 per sqft)Sold, June 2023: AED 2,285,000 (AED 1,475 per sqft)

1004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Park Gate Residences 2
100K150K2021202320252027Typical rent by year: 2021 AED 84,000; 2022 AED 120,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 157,000; 2026 AED 147,500New contract, October 2022: AED 130,000 a yearNew contract, October 2023: AED 142,000 a yearRenewal, October 2024: AED 152,000 a yearRenewal, October 2025: AED 162,500 a yearNew contract, March 2026: AED 139,286 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 2, and where 1004 sits

All 125 2-beds →

1004 last sold in June 2023 at AED 1,475 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,455). Over the last 12 months two-beds sold for AED 2,400,000 to 3,300,000, around AED 1,856 per sqft, and rent for AED 120,000 to 186,555 a year. 1004's AED 139,286 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20263,260,000
1 Sep 20262,800,000
19 May 20262,800,000
29 Apr 20262,400,000
9 2-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
10021-bedAED 1.86M · Mar 2022
10032-bedAED 3.3M · Jan 2026
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

1004, Park Gate Residences 2 in numbers

  • Sold twice: first on 11 May 2022 for AED 2,149,777, last on 15 June 2023 for AED 2,285,000 (AED 1,475 per sqft).
  • Rented since October 2022 on 5 Ejari contracts, from AED 130,000 to AED 139,286 a year.
  • At AED 139,286 a year the gross yield on the 2023 price is 6.1%.
  • Two-beds in Park Gate Residences 2 sold for AED 2,400,000–3,300,000 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 23 March 2026.

Questions about 1004, Park Gate Residences 2

What did unit 1004 last sell for?

AED 2,285,000 on 15 June 2023: AED 1,475 per sqft for 1,548 sqft. The unit has 2 registered sales; the first was AED 2,149,777 in May 2022.

What is the rent for unit 1004?

AED 139,286 a year on the contract signed on 23 March 2026. The previous contract, from October 2025, was AED 162,500; the unit has been rented since October 2022.

How big is unit 1004?

1,548 sqft (143.8 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.

What is unit 1004 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 2 sold for AED 2,400,000 to 3,300,000 in the last 12 months, around AED 1,856 per sqft.

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Mortgage on 1004, Park Gate Residences 2

Starts from the last sale price (AED 2.29M, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,285,000
Deposit, UAE resident (20%)
AED 457,000
Deposit, non-resident (40%)
AED 914,000
Monthly over 25 years at 3.7%
AED 9,349

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