1009, Park Gate Residences 2
Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1009, Park Gate Residences 2
What is 1009 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 10th of 20
- Parking
- B1-171
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.95M · September 2025
- Building
- Park Gate Residences 2
About 1009, Park Gate Residences 2
1009 is a two-bedroom apartment of 1,616 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 September 2025 for AED 2,950,000, or AED 1,825 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 2023 on 5 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 155,000 a year: a gross yield of 5.3% on the 2025 price.
Sales and rents for 1009 over time
1009 has sold twice; 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 1009 sits
All 125 2-beds →1009 last sold in September 2025 at AED 1,825 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. 1009's AED 155,000 is in the upper 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 | |
| 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 | |
| 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 | ||
| 1010 | 2-bed | 1,549 sqft | AED 2.95MAED 2,950,000 · Nov 2025November 2025 | 145,000 /yr |
1009, Park Gate Residences 2 in numbers
- Sold twice: first on 22 March 2022 for AED 2,226,777, last on 15 September 2025 for AED 2,950,000 (AED 1,825 per sqft).
- Rented since August 2023 on 5 Ejari contracts, from AED 180,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2025 price is 5.3%.
- 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 1 October 2026.
Questions about 1009, Park Gate Residences 2
What did unit 1009 last sell for?
AED 2,950,000 on 15 September 2025: AED 1,825 per sqft for 1,616 sqft. The unit has 2 registered sales; the first was AED 2,226,777 in March 2022.
What is the rent for unit 1009?
AED 155,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 175,000; the unit has been rented since August 2023.
How big is unit 1009?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.
What is unit 1009 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 1009, Park Gate Residences 2
Starts from the last sale price (AED 2.95M, 15 September 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 →