1605, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in April 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 1605, Park Gate Residences 2
What is 1605 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 27 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 16th of 20
- Parking
- AB2-034
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.17M · April 2022
- Building
- Park Gate Residences 2
About 1605, Park Gate Residences 2
1605 is a two-bedroom apartment of 1,617 sqft on the 16th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 27 April 2022 for AED 2,172,777, or AED 1,343 per sqft, 4% below the AED 1,395 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1605 over time
1605 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 1605 sits
All 125 2-beds →1605 last sold in April 2022 at AED 1,343 per sqft, 4% below what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,395). 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 16th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,571 sqft | AED 2.76MAED 2,756,777 · Apr 2022April 2022 | 220,000 /yr | |
| 1602 | 1-bed | 994 sqft | AED 1.8MAED 1,798,777 · Apr 2022April 2022 | ||
| 1603 | 2-bed | 1,478 sqft | AED 2.76MAED 2,757,777 · Apr 2022April 2022 | ||
| 1604 | 2-bed | 1,548 sqft | AED 2.11MAED 2,111,777 · Apr 2022April 2022 | ||
| 1606 | 2-bed | 1,554 sqft | AED 2.13MAED 2,133,777 · Apr 2022April 2022 | 165,000 /yr | |
| 1607 | 1-bed | 987 sqft | AED 1.59MAED 1,586,777 · Apr 2022April 2022 | ||
| 1608 | 2-bed | 1,632 sqft | AED 2.13MAED 2,134,777 · Apr 2022April 2022 | ||
| 1609 | 2-bed | 1,616 sqft | AED 2.19MAED 2,193,777 · Apr 2022April 2022 | ||
| 1610 | 2-bed | 1,549 sqft | AED 2.13MAED 2,131,777 · Apr 2022April 2022 |
1605, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 27 April 2022 for AED 2,172,777, or AED 1,343 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 27 April 2022.
Questions about 1605, Park Gate Residences 2
What did unit 1605 last sell for?
AED 2,172,777 on 27 April 2022, sold by the developer: AED 1,343 per sqft for 1,617 sqft. It is the only registered sale of the unit.
How big is unit 1605?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 16th floor of a 20-storey tower completed in 2020.
What is unit 1605 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 1605? 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 1605, Park Gate Residences 2
Starts from the last sale price (AED 2.17M, 27 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,172,777
- Deposit, UAE resident (20%)
- AED 434,555
- Deposit, non-resident (40%)
- AED 869,111
- Monthly over 25 years at 3.7%
- AED 8,890
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →