1302, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Park Gate Residences 2
What is 1302 worth today?
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Source: Dubai Land Department. Updated 15 March 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 13th of 20
- Parking
- AB1-004
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.8M · January 2022
- Building
- Park Gate Residences 2
About 1302, Park Gate Residences 2
1302 is a one-bedroom apartment of 994 sqft on the 13th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 3 January 2022 for AED 1,796,777, or AED 1,807 per sqft.
One Ejari contract is registered, from 15 March 2022. The current contract, signed on 15 March 2022, is AED 70,000 a year: a gross yield of 3.9% on the 2022 price.
Sales and rents for 1302 over time
1302 has sold once; 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 1302 sits
All 34 1-beds →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. 1302's AED 70,000 is at the bottom of that range.
| 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 13th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,477 sqft | AED 2.84MAED 2,839,777 · Apr 2022April 2022 | 185,000 /yr | |
| 1303 | 2-bed | 1,571 sqft | AED 3.15MAED 3,145,777 · Oct 2023October 2023 | 163,000 /yr | |
| 1304 | 2-bed | 1,548 sqft | AED 2.1MAED 2,097,777 · Sep 2021September 2021 | 145,000 /yr | |
| 1305 | 2-bed | 1,617 sqft | AED 1.98MAED 1,982,777 · Aug 2020August 2020 | 145,000 /yr | |
| 1306 | 2-bed | 1,631 sqft | AED 2.15MAED 2,146,777 · Jul 2022July 2022 | 157,000 /yr | |
| 1307 | 1-bed | 987 sqft | AED 2MAED 2,000,777 · Dec 2023December 2023 | ||
| 1308 | 2-bed | 1,554 sqft | AED 2.18MAED 2,176,777 · Sep 2023September 2023 | ||
| 1309 | 2-bed | 1,616 sqft | AED 1.98MAED 1,982,777 · Sep 2019September 2019 | ||
| 1310 | 2-bed | 1,549 sqft | AED 2.12MAED 2,120,777 · Jun 2021June 2021 |
1302, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 3 January 2022 for AED 1,796,777, or AED 1,807 per sqft.
- Rented since March 2022 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 3.9%.
- 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 15 March 2022.
Questions about 1302, Park Gate Residences 2
What did unit 1302 last sell for?
AED 1,796,777 on 3 January 2022, sold by the developer: AED 1,807 per sqft for 994 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 70,000 a year on the contract signed on 15 March 2022.
How big is unit 1302?
994 sqft (92.3 sqm): a one-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.
What is unit 1302 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 1302, Park Gate Residences 2
Starts from the last sale price (AED 1.8M, 3 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,796,777
- Deposit, UAE resident (20%)
- AED 359,355
- Deposit, non-resident (40%)
- AED 718,711
- Monthly over 25 years at 3.7%
- AED 7,351
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →