1007, Park Gate Residences 2
Sold prices and rental history: sold twice, last in December 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Park Gate Residences 2
What is 1007 worth today?
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Source: Dubai Land Department. Updated 17 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 10th of 20
- Parking
- B1-025
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.8M · December 2025
- Building
- Park Gate Residences 2
About 1007, Park Gate Residences 2
1007 is a one-bedroom apartment of 987 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 17 December 2025 for AED 1,800,000, or AED 1,823 per sqft, in line with the AED 1,817 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 12 October 2024, is AED 110,000 a year: a gross yield of 6.1% on the 2025 price.
Sales and rents for 1007 over time
1007 has sold twice; 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 2, and where 1007 sits
All 34 1-beds →1007 last sold in December 2025 at AED 1,823 per sqft, in line with what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,817). 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. 1007's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 994 sqft | 2,200,000 | 2,212 | ||
| 9 Jul 20269 July 2026 | 987 sqft | 1,650,000 | 1,671 | ||
| 26 Jun 202526 June 2025 | 992 sqft | 1,940,000 | 1,955 | ||
| 17 Jun 202517 June 2025 | 920 sqft | 1,256,777 | 1,366 |
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 | |
| 1005 | 2-bed | 1,617 sqft | AED 2.95MAED 2,950,000 · May 2025May 2025 | 145,000 /yr | |
| 1006 | 2-bed | 1,631 sqft | AED 2.75MAED 2,750,000 · Mar 2024March 2024 | 125,000 /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 |
1007, Park Gate Residences 2 in numbers
- Sold twice: first on 12 May 2022 for AED 1,621,777, last on 17 December 2025 for AED 1,800,000 (AED 1,823 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 95,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 6.1%.
- 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 17 December 2025.
Questions about 1007, Park Gate Residences 2
What did unit 1007 last sell for?
AED 1,800,000 on 17 December 2025: AED 1,823 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,621,777 in May 2022.
What is the rent for unit 1007?
AED 110,000 a year on the contract renewed on 12 October 2024. The previous contract, from October 2023, was AED 100,000; the unit has been rented since October 2022.
How big is unit 1007?
987 sqft (91.7 sqm): a one-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.
What is unit 1007 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 1007, Park Gate Residences 2
Starts from the last sale price (AED 1.8M, 17 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →