1304, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, Park Gate Residences 2
What is 1304 worth today?
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Source: Dubai Land Department. Updated 27 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,548 sqft
- Floor
- 13th of 20
- Parking
- AB1-023
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.1M · September 2021
- Building
- Park Gate Residences 2
About 1304, Park Gate Residences 2
1304 is a two-bedroom apartment of 1,548 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 22 September 2021 for AED 2,097,777, or AED 1,354 per sqft, in line with the AED 1,352 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 February 2025, is AED 145,000 a year: a gross yield of 6.9% on the 2021 price.
Sales and rents for 1304 over time
1304 has sold once; 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 1304 sits
All 125 2-beds →1304 last sold in September 2021 at AED 1,354 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,352). 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. 1304's AED 145,000 is in the lower half of that range.
| 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 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 | |
| 1302 | 1-bed | 994 sqft | AED 1.8MAED 1,796,777 · Jan 2022January 2022 | 70,000 /yr | |
| 1303 | 2-bed | 1,571 sqft | AED 3.15MAED 3,145,777 · Oct 2023October 2023 | 163,000 /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 |
1304, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 22 September 2021 for AED 2,097,777, or AED 1,354 per sqft.
- Rented since February 2022 on 6 Ejari contracts, from AED 105,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2021 price is 6.9%.
- 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 February 2025.
Questions about 1304, Park Gate Residences 2
What did unit 1304 last sell for?
AED 2,097,777 on 22 September 2021, sold by the developer: AED 1,354 per sqft for 1,548 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 145,000 a year on the contract renewed on 27 February 2025. The previous contract, from February 2025, was AED 145,000; the unit has been rented since February 2022.
How big is unit 1304?
1,548 sqft (143.8 sqm): a two-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.
What is unit 1304 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 1304, Park Gate Residences 2
Starts from the last sale price (AED 2.1M, 22 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,097,777
- Deposit, UAE resident (20%)
- AED 419,555
- Deposit, non-resident (40%)
- AED 839,111
- Monthly over 25 years at 3.7%
- AED 8,583
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →