2-bed · 1,617 sqftPark Gate Residences 2, Al Kifaf · 11th floor · completed 2020

1105, Park Gate Residences 2

Sold prices and rental history: sold twice, last in January 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 2.7M7 January 2025
Current rentAED 130K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Park Gate Residences 2

What is 1105 worth today?

Last sold for AED 2,700,000 in 2025

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7 Jan 2025SoldReady
AED 2,700,000AED 1,670 per sqft
1 Aug 2024RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
1 Aug 2023RentedRenewal
AED 120,750/yr12 months · AED 75 per sqft
1 Aug 2022RentedNew contract
AED 115,000/yr12 months · AED 71 per sqft
29 Apr 2022Sold by developerReady
AED 2,194,777AED 1,357 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
11th of 20
Parking
B1-021
Developer
Wasl
Completed
2020
Last sold
AED 2.7M · January 2025

About 1105, Park Gate Residences 2

1105 is a two-bedroom apartment of 1,617 sqft on the 11th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 7 January 2025 for AED 2,700,000, or AED 1,670 per sqft, in line with the AED 1,685 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 130,000 a year: a gross yield of 4.8% on the 2025 price.

Sales and rents for 1105 over time

Sales
Unit 1105, 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, April 2022: AED 2,194,777 (AED 1,357 per sqft)Sold, January 2025: AED 2,700,000 (AED 1,670 per sqft)

1105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1105, 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, August 2022: AED 115,000 a yearRenewal, August 2023: AED 120,750 a yearRenewal, August 2024: AED 130,000 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 1105 sits

All 125 2-beds →

1105 last sold in January 2025 at AED 1,670 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,685). 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. 1105's AED 130,000 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 11th floor

All 163 units in Park Gate Residences 2
Value
11012-bedAED 2.86M · Jun 2022
11021-bedAED 1.85M · Aug 2022
11032-bedAED 2.82M · Aug 2022
11042-bedAED 2.7M · Jan 2025
11062-bedAED 2.15M · Apr 2022
11071-bedAED 1.39M · Mar 2024
11082-bedAED 2.17M · Mar 2022
1–7 of 9

1105, Park Gate Residences 2 in numbers

  • Sold twice: first on 29 April 2022 for AED 2,194,777, last on 7 January 2025 for AED 2,700,000 (AED 1,670 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, from AED 115,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 4.8%.
  • 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 7 January 2025.

Questions about 1105, Park Gate Residences 2

What did unit 1105 last sell for?

AED 2,700,000 on 7 January 2025: AED 1,670 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 2,194,777 in April 2022.

What is the rent for unit 1105?

AED 130,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 120,750; the unit has been rented since August 2022.

How big is unit 1105?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 11th floor of a 20-storey tower completed in 2020.

What is unit 1105 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 1105, Park Gate Residences 2

Starts from the last sale price (AED 2.7M, 7 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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