2-bed · 1,631 sqftPark Gate Residences 2, Al Kifaf · 18th floor · completed 2020

1806, Park Gate Residences 2

Sold prices and rental history: sold once, by the developer in June 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1806 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 2.15M7 June 2022
Current rentAED 155K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Park Gate Residences 2

What is 1806 worth today?

Last sold for AED 2,152,777 in 2022

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1 Oct 2026RentedNew contract
AED 155,000/yr6 months · AED 95 per sqft
1 Sep 2025RentedNew contract
AED 158,000/yr12 months · AED 97 per sqft
1 Sep 2024RentedNew contract
AED 155,000/yr12 months · AED 95 per sqft
18 Aug 2023RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
1 Aug 2022RentedNew contract
AED 121,000/yr12 months · AED 74 per sqft
7 Jun 2022Sold by developerReady
AED 2,152,777AED 1,319 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,631 sqft
Floor
18th of 20
Parking
AB2-021
Developer
Wasl
Completed
2020
Last sold
AED 2.15M · June 2022

About 1806, Park Gate Residences 2

1806 is a two-bedroom apartment of 1,631 sqft on the 18th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 7 June 2022 for AED 2,152,777, or AED 1,319 per sqft, 5% below the AED 1,386 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 October 2026, is AED 155,000 a year: a gross yield of 7.2% on the 2022 price.

Sales and rents for 1806 over time

Sales
Unit 1806, each saleTypical two-bed in Park Gate Residences 2
2M2.5M3M20192021202320252027Typical 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, June 2022: AED 2,152,777 (AED 1,319 per sqft)

1806 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1806, 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, August 2022: AED 121,000 a yearNew contract, August 2023: AED 160,000 a yearNew contract, September 2024: AED 155,000 a yearNew contract, September 2025: AED 158,000 a yearNew contract, October 2026: AED 155,000 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 1806 sits

All 125 2-beds →

1806 last sold in June 2022 at AED 1,319 per sqft, 5% below what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,386). 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. 1806's AED 155,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Sep 20263,260,000
1 Sep 20262,800,000
19 May 20262,800,000
29 Apr 20262,400,000
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 18th floor

All 163 units in Park Gate Residences 2
Value
18012-bedAED 2.78M · Jul 2022
18021-bedAED 1.8M · Jun 2022
18032-bedAED 2.92M · Mar 2022
18042-bedAED 2.23M · Apr 2022
18052-bedAED 3.05M · Jun 2025
18071-bedAED 1.67M · Jun 2022
18082-bedAED 2.2M · Jun 2022
1–7 of 9

1806, Park Gate Residences 2 in numbers

  • Sold once: by Wasl on 7 June 2022 for AED 2,152,777, or AED 1,319 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 121,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 7.2%.
  • 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 October 2026.

Questions about 1806, Park Gate Residences 2

What did unit 1806 last sell for?

AED 2,152,777 on 7 June 2022, sold by the developer: AED 1,319 per sqft for 1,631 sqft. It is the only registered sale of the unit.

What is the rent for unit 1806?

AED 155,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 158,000; the unit has been rented since August 2022.

How big is unit 1806?

1,631 sqft (151.5 sqm): a two-bedroom apartment on the 18th floor of a 20-storey tower completed in 2020.

What is unit 1806 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 1806, Park Gate Residences 2

Starts from the last sale price (AED 2.15M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,152,777
Deposit, UAE resident (20%)
AED 430,555
Deposit, non-resident (40%)
AED 861,111
Monthly over 25 years at 3.7%
AED 8,808

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