1005, Park Gate Residences 2
Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Park Gate Residences 2
What is 1005 worth today?
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Source: Dubai Land Department. Updated 10 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 10th of 20
- Parking
- B1-022
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.95M · May 2025
- Building
- Park Gate Residences 2
About 1005, Park Gate Residences 2
1005 is a two-bedroom apartment of 1,617 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 19 May 2025 for AED 2,950,000, or AED 1,824 per sqft, in line with the AED 1,777 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 10 August 2026, is AED 145,000 a year: a gross yield of 4.9% on the 2025 price.
Sales and rents for 1005 over time
1005 has sold 3 times; 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 2, and where 1005 sits
All 125 2-beds →1005 last sold in May 2025 at AED 1,824 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,777). 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. 1005's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 1,571 sqft | 3,260,000 | 2,075 | ||
| 1 Sep 20261 September 2026 | 1,631 sqft | 2,800,000 | 1,716 | ||
| 19 May 202619 May 2026 | 1,633 sqft | 2,800,000 | 1,714 | ||
| 29 Apr 202629 April 2026 | 1,630 sqft | 2,400,000 | 1,472 |
Park Gate Residences 2
Building163 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%
Other units on the 10th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,571 sqft | AED 2.88MAED 2,875,777 · Mar 2022March 2022 | ||
| 1002 | 1-bed | 994 sqft | AED 1.86MAED 1,863,777 · Mar 2022March 2022 | ||
| 1003 | 2-bed | 1,571 sqft | AED 3.3MAED 3,300,000 · Jan 2026January 2026 | 150,000 /yr | |
| 1004 | 2-bed | 1,548 sqft | AED 2.29MAED 2,285,000 · Jun 2023June 2023 | 139,286 /yr | |
| 1006 | 2-bed | 1,631 sqft | AED 2.75MAED 2,750,000 · Mar 2024March 2024 | 125,000 /yr | |
| 1007 | 1-bed | 987 sqft | AED 1.8MAED 1,800,000 · Dec 2025December 2025 | 110,000 /yr | |
| 1008 | 2-bed | 1,632 sqft | AED 2.18MAED 2,180,777 · Mar 2022March 2022 | ||
| 1009 | 2-bed | 1,616 sqft | AED 2.95MAED 2,950,000 · Sep 2025September 2025 | 155,000 /yr | |
| 1010 | 2-bed | 1,549 sqft | AED 2.95MAED 2,950,000 · Nov 2025November 2025 | 145,000 /yr |
1005, Park Gate Residences 2 in numbers
- Sold 3 times: first on 11 May 2022 for AED 2,205,777, last on 19 May 2025 for AED 2,950,000 (AED 1,824 per sqft).
- Rented since July 2022 on 5 Ejari contracts, from AED 120,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2025 price is 4.9%.
- 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 10 August 2026.
Questions about 1005, Park Gate Residences 2
What did unit 1005 last sell for?
AED 2,950,000 on 19 May 2025: AED 1,824 per sqft for 1,617 sqft. The unit has 3 registered sales; the first was AED 2,205,777 in May 2022.
What is the rent for unit 1005?
AED 145,000 a year on the contract signed on 10 August 2026. The previous contract, from July 2025, was AED 142,500; the unit has been rented since July 2022.
How big is unit 1005?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.
What is unit 1005 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 1005, Park Gate Residences 2
Starts from the last sale price (AED 2.95M, 19 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →