1406, Park Gate Residences 2
Sold prices and rental history: sold 3 times, last in November 2024, 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 1406, Park Gate Residences 2
What is 1406 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,631 sqft
- Floor
- 14th of 20
- Parking
- AB1-025
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.65M · November 2024
- Building
- Park Gate Residences 2
About 1406, Park Gate Residences 2
1406 is a two-bedroom apartment of 1,631 sqft on the 14th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 28 November 2024 for AED 2,650,000, or AED 1,624 per sqft, 4% below the AED 1,700 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 September 2026, is AED 142,000 a year: a gross yield of 5.4% on the 2024 price.
Sales and rents for 1406 over time
1406 has sold 3 times; 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 1406 sits
All 125 2-beds →1406 last sold in November 2024 at AED 1,624 per sqft, 4% below what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,700). 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. 1406's AED 142,000 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 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 | ||
| 1404 | 2-bed | 1,548 sqft | AED 2.11MAED 2,108,777 · Oct 2021October 2021 | 170,000 /yr | |
| 1405 | 2-bed | 1,617 sqft | AED 3.12MAED 3,115,000 · Feb 2026February 2026 | 186,555 /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 |
1406, Park Gate Residences 2 in numbers
- Sold 3 times: first on 28 July 2022 for AED 2,155,777, last on 28 November 2024 for AED 2,650,000 (AED 1,624 per sqft).
- Rented since November 2022 on 4 Ejari contracts, from AED 120,000 to AED 142,000 a year.
- At AED 142,000 a year the gross yield on the 2024 price is 5.4%.
- 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 10 September 2026.
Questions about 1406, Park Gate Residences 2
What did unit 1406 last sell for?
AED 2,650,000 on 28 November 2024: AED 1,624 per sqft for 1,631 sqft. The unit has 3 registered sales; the first was AED 2,155,777 in July 2022.
What is the rent for unit 1406?
AED 142,000 a year on the contract signed on 10 September 2026. The previous contract, from November 2024, was AED 120,000; the unit has been rented since November 2022.
How big is unit 1406?
1,631 sqft (151.5 sqm): a two-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.
What is unit 1406 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 1406, Park Gate Residences 2
Starts from the last sale price (AED 2.65M, 28 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →