1404, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in October 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 1404, Park Gate Residences 2
What is 1404 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,548 sqft
- Floor
- 14th of 20
- Parking
- AB1-022
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.11M · October 2021
- Building
- Park Gate Residences 2
About 1404, Park Gate Residences 2
1404 is a two-bedroom apartment of 1,548 sqft on the 14th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 7 October 2021 for AED 2,108,777, or AED 1,362 per sqft, in line with the AED 1,355 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 170,000 a year: a gross yield of 8.1% on the 2021 price.
Sales and rents for 1404 over time
1404 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 1404 sits
All 125 2-beds →1404 last sold in October 2021 at AED 1,362 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,355). 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. 1404's AED 170,000 is in the upper 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 14th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,571 sqft | AED 2.6MAED 2,596,777 · Aug 2020August 2020 | ||
| 1402 | 1-bed | 994 sqft | AED 1.86MAED 1,860,777 · Apr 2022April 2022 | ||
| 1403 | 2-bed | 1,571 sqft | AED 3.15MAED 3,145,777 · Jan 2024January 2024 | ||
| 1405 | 2-bed | 1,617 sqft | AED 3.12MAED 3,115,000 · Feb 2026February 2026 | 186,555 /yr | |
| 1406 | 2-bed | 1,631 sqft | AED 2.65MAED 2,650,000 · Nov 2024November 2024 | 142,000 /yr | |
| 1407 | 1-bed | 987 sqft | AED 1.79MAED 1,791,777 · Oct 2023October 2023 | ||
| 1408 | 2-bed | 1,632 sqft | AED 2.25MAED 2,247,507 · Aug 2022August 2022 | 155,000 /yr | |
| 1409 | 2-bed | 1,616 sqft | AED 3MAED 3,000,000 · Apr 2026April 2026 | ||
| 1410 | 2-bed | 1,549 sqft | AED 2MAED 2,004,777 · Feb 2020February 2020 | 160,000 /yr |
1404, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 7 October 2021 for AED 2,108,777, or AED 1,362 per sqft.
- Rented since January 2022 on 5 Ejari contracts, from AED 105,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2021 price is 8.1%.
- 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 1 April 2025.
Questions about 1404, Park Gate Residences 2
What did unit 1404 last sell for?
AED 2,108,777 on 7 October 2021, sold by the developer: AED 1,362 per sqft for 1,548 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 170,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 170,000; the unit has been rented since January 2022.
How big is unit 1404?
1,548 sqft (143.8 sqm): a two-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.
What is unit 1404 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.
Selling 1404? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1404, Park Gate Residences 2
Starts from the last sale price (AED 2.11M, 7 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,108,777
- Deposit, UAE resident (20%)
- AED 421,755
- Deposit, non-resident (40%)
- AED 843,511
- Monthly over 25 years at 3.7%
- AED 8,628
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →