2-bed · 1,534 sqftPark Gate Residences 2, Al Kifaf · 11th floor · completed 2020

1109, Park Gate Residences 2

Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 27 April 2026
Last soldAED 2.2M13 April 2022
Current rentAED 145K /yr27 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Park Gate Residences 2

What is 1109 worth today?

Last sold for AED 2,198,777 in 2022

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27 Apr 2026RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
27 Apr 2025RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
27 Apr 2025RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
27 Apr 2024RentedRenewal
AED 135,000/yr12 months · AED 88 per sqft
27 Apr 2023RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
27 Apr 2022RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
13 Apr 2022Sold by developerReady
AED 2,198,777AED 1,433 per sqft

Source: Dubai Land Department. Updated 27 April 2026.

Key facts

Type
2-bed apartment
Size
1,534 sqft
Floor
11th of 20
Parking
B1-170
Developer
Wasl
Completed
2020
Last sold
AED 2.2M · April 2022

About 1109, Park Gate Residences 2

1109 is a two-bedroom apartment of 1,534 sqft on the 11th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 April 2022 for AED 2,198,777, or AED 1,433 per sqft, in line with the AED 1,396 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 27 April 2026, is AED 145,000 a year: a gross yield of 6.6% on the 2022 price.

Sales and rents for 1109 over time

Sales
Unit 1109, 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 2,198,777 (AED 1,433 per sqft)

1109 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, 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, April 2022: AED 115,000 a yearNew contract, April 2023: AED 115,000 a yearRenewal, April 2024: AED 135,000 a yearRenewal, April 2025: AED 145,000 a yearRenewal, April 2025: AED 145,000 a yearRenewal, April 2026: AED 145,000 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 1109 sits

All 125 2-beds →

1109 last sold in April 2022 at AED 1,433 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,396). 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. 1109's AED 145,000 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
11052-bedAED 2.7M · Jan 2025
11062-bedAED 2.15M · Apr 2022
11071-bedAED 1.39M · Mar 2024
1–7 of 9

1109, Park Gate Residences 2 in numbers

  • Sold once: by Wasl on 13 April 2022 for AED 2,198,777, or AED 1,433 per sqft.
  • Rented since April 2022 on 6 Ejari contracts, from AED 115,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 6.6%.
  • 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 27 April 2026.

Questions about 1109, Park Gate Residences 2

What did unit 1109 last sell for?

AED 2,198,777 on 13 April 2022, sold by the developer: AED 1,433 per sqft for 1,534 sqft. It is the only registered sale of the unit.

What is the rent for unit 1109?

AED 145,000 a year on the contract renewed on 27 April 2026. The previous contract, from April 2025, was AED 145,000; the unit has been rented since April 2022.

How big is unit 1109?

1,534 sqft (142.5 sqm): a two-bedroom apartment on the 11th floor of a 20-storey tower completed in 2020.

What is unit 1109 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 1109, Park Gate Residences 2

Starts from the last sale price (AED 2.2M, 13 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,198,777
Deposit, UAE resident (20%)
AED 439,755
Deposit, non-resident (40%)
AED 879,511
Monthly over 25 years at 3.7%
AED 8,996

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