2-bed · 1,571 sqftPark Gate Residences 2, Al Kifaf · 17th floor · completed 2020

1701, Park Gate Residences 2

Sold prices and rental history: sold twice, last in September 2026, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 3.26M18 September 2026
Current rentAED 140K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Park Gate Residences 2

What is 1701 worth today?

Last sold for AED 3,260,000 in 2026

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18 Sep 2026SoldReady
AED 3,260,000AED 2,075 per sqft
1 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 89 per sqft
24 Jul 2022Sold by developerReady
AED 2,766,777AED 1,761 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
17th of 20
Parking
AB2-052
Developer
Wasl
Completed
2020
Last sold
AED 3.26M · September 2026

About 1701, Park Gate Residences 2

1701 is a two-bedroom apartment of 1,571 sqft on the 17th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 18 September 2026 for AED 3,260,000, or AED 2,075 per sqft, 12% above the AED 1,856 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 140,000 a year: a gross yield of 4.3% on the 2026 price.

Sales and rents for 1701 over time

Sales
Unit 1701, each saleTypical two-bed in Park Gate Residences 2
2M3M201920222025Typical sale price by year: 2019 AED 1,953,777; 2020 AED 2,017,277; 2021 AED 2,114,777; 2022 AED 2,230,777; 2023 AED 2,750,000; 2024 AED 2,714,000; 2025 AED 2,900,581; 2026 AED 2,925,000Sold by developer, July 2022: AED 2,766,777 (AED 1,761 per sqft)Sold, September 2026: AED 3,260,000 (AED 2,075 per sqft)

1701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in Park Gate Residences 2
100K150K2021202320252027Typical rent by year: 2021 AED 84,000; 2022 AED 120,000; 2023 AED 130,000; 2024 AED 145,000; 2025 AED 157,000; 2026 AED 147,500New contract, September 2024: AED 140,000 a year

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 1701 sits

All 125 2-beds →

1701 last sold in September 2026 at AED 2,075 per sqft, 12% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,856). 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. 1701's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20262,800,000
19 May 20262,800,000
29 Apr 20262,400,000
1 Apr 20263,000,000
9 2-bed sales in the last 12 months

Park Gate Residences 2

Building

163 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%
Park Gate Residences 2, Al Kifaf: prices, sales and rents →

Other units on the 17th floor

All 163 units in Park Gate Residences 2
Value
17021-bedAED 1.8M · Jul 2022
17032-bedAED 2.91M · Apr 2022
17042-bedAED 2.5M · Apr 2024
17052-bedAED 2.24M · Apr 2022
17062-bedAED 2.19M · Jul 2022
17071-bedAED 1.63M · Jul 2022
17082-bedAED 2.19M · Jul 2022
1–7 of 9

1701, Park Gate Residences 2 in numbers

  • Sold twice: first on 24 July 2022 for AED 2,766,777, last on 18 September 2026 for AED 3,260,000 (AED 2,075 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2026 price is 4.3%.
  • 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 18 September 2026.

Questions about 1701, Park Gate Residences 2

What did unit 1701 last sell for?

AED 3,260,000 on 18 September 2026: AED 2,075 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,766,777 in July 2022.

What is the rent for unit 1701?

AED 140,000 a year on the contract signed on 1 September 2024.

How big is unit 1701?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 17th floor of a 20-storey tower completed in 2020.

What is unit 1701 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 1701, Park Gate Residences 2

Starts from the last sale price (AED 3.26M, 18 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,260,000
Deposit, UAE resident (20%)
AED 652,000
Deposit, non-resident (40%)
AED 1,304,000
Monthly over 25 years at 3.7%
AED 13,338

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →