1207, Park Gate Residences 2
Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Park Gate Residences 2
What is 1207 worth today?
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Source: Dubai Land Department. Updated 11 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 12th of 20
- Parking
- AB1-001
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.71M · November 2022
- Building
- Park Gate Residences 2
About 1207, Park Gate Residences 2
1207 is a one-bedroom apartment of 987 sqft on the 12th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 11 November 2022 for AED 1,705,192, or AED 1,726 per sqft, in line with the AED 1,733 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1207 over time
1207 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 1207 sits
All 34 1-beds →1207 last sold in November 2022 at AED 1,726 per sqft, in line with what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,733). 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.
| 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 | ||
| 17 Dec 202517 December 2025 | 987 sqft | 1,800,000 | 1,823 | ||
| 26 Jun 202526 June 2025 | 992 sqft | 1,940,000 | 1,955 |
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 12th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,571 sqft | AED 2.58MAED 2,575,777 · Sep 2019September 2019 | ||
| 1202 | 1-bed | 994 sqft | AED 1.67MAED 1,666,777 · Sep 2019September 2019 | ||
| 1203 | 2-bed | 786 sqft | AED 2.76MAED 2,763,777 · Jun 2021June 2021 | ||
| 1204 | 2-bed | 1,548 sqft | AED 2.09MAED 2,088,777 · Apr 2021April 2021 | ||
| 1205 | 2-bed | 1,617 sqft | AED 1.97MAED 1,973,777 · Sep 2020September 2020 | ||
| 1206 | 2-bed | 1,631 sqft | AED 1.88MAED 1,875,777 · Sep 2019September 2019 | ||
| 1208 | 2-bed | 1,632 sqft | AED 2.33MAED 2,326,600 · Nov 2022November 2022 | ||
| 1209 | 2-bed | 1,616 sqft | AED 1.97MAED 1,972,777 · Sep 2019September 2019 | ||
| 1210 | 2-bed | 1,549 sqft | AED 2.01MAED 2,007,777 · Apr 2020April 2020 |
1207, Park Gate Residences 2 in numbers
- Sold twice: first on 6 June 2022 for AED 1,619,777, last on 11 November 2022 for AED 1,705,192 (AED 1,726 per sqft).
- 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 11 November 2022.
Questions about 1207, Park Gate Residences 2
What did unit 1207 last sell for?
AED 1,705,192 on 11 November 2022: AED 1,726 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,619,777 in June 2022.
How big is unit 1207?
987 sqft (91.7 sqm): a one-bedroom apartment on the 12th floor of a 20-storey tower completed in 2020.
What is unit 1207 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 1207, Park Gate Residences 2
Starts from the last sale price (AED 1.71M, 11 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,705,192
- Deposit, UAE resident (20%)
- AED 341,038
- Deposit, non-resident (40%)
- AED 682,077
- Monthly over 25 years at 3.7%
- AED 6,976
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →