1208, 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 1208, Park Gate Residences 2
What is 1208 worth today?
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Source: Dubai Land Department. Updated 11 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,632 sqft
- Floor
- 12th of 20
- Parking
- AB1-005
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.33M · November 2022
- Building
- Park Gate Residences 2
About 1208, Park Gate Residences 2
1208 is a two-bedroom apartment of 1,632 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 2,326,600, or AED 1,425 per sqft, in line with the AED 1,396 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1208 over time
1208 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 1208 sits
All 125 2-beds →1208 last sold in November 2022 at AED 1,425 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.
| 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 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 | ||
| 1207 | 1-bed | 987 sqft | AED 1.71MAED 1,705,192 · 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 |
1208, Park Gate Residences 2 in numbers
- Sold twice: first on 6 June 2022 for AED 2,179,777, last on 11 November 2022 for AED 2,326,600 (AED 1,425 per sqft).
- 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 11 November 2022.
Questions about 1208, Park Gate Residences 2
What did unit 1208 last sell for?
AED 2,326,600 on 11 November 2022: AED 1,425 per sqft for 1,632 sqft. The unit has 2 registered sales; the first was AED 2,179,777 in June 2022.
How big is unit 1208?
1,632 sqft (151.6 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2020.
What is unit 1208 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 1208, Park Gate Residences 2
Starts from the last sale price (AED 2.33M, 11 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,326,600
- Deposit, UAE resident (20%)
- AED 465,320
- Deposit, non-resident (40%)
- AED 930,640
- Monthly over 25 years at 3.7%
- AED 9,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →