1903, Park Gate Residences 2
Sold prices and rental history: sold twice, last in September 2023, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1903, Park Gate Residences 2
What is 1903 worth today?
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Source: Dubai Land Department. Updated 11 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 19th of 20
- Parking
- AB3-036
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3M · September 2023
- Building
- Park Gate Residences 2
About 1903, Park Gate Residences 2
1903 is a two-bedroom apartment of 1,571 sqft on the 19th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 11 September 2023 for AED 3,000,000, or AED 1,909 per sqft, 30% above the AED 1,472 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 February 2023. The current contract, signed on 25 February 2023, is AED 140,000 a year: a gross yield of 4.7% on the 2023 price.
Sales and rents for 1903 over time
1903 has sold twice; 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 1903 sits
All 125 2-beds →1903 last sold in September 2023 at AED 1,909 per sqft, 30% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,472). 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. 1903's AED 140,000 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 19th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,571 sqft | AED 2.79MAED 2,791,777 · Jul 2022July 2022 | 180,000 /yr | |
| 1902 | 1-bed | 994 sqft | AED 1.81MAED 1,806,777 · Jun 2022June 2022 | 136,000 /yr | |
| 1904 | 2-bed | 1,548 sqft | AED 2.24MAED 2,244,777 · Mar 2022March 2022 | 114,250 /yr | |
| 1905 | 2-bed | 1,617 sqft | AED 2.26MAED 2,255,777 · Jul 2022July 2022 | 165,000 /yr | |
| 1906 | 2-bed | 1,631 sqft | AED 2.16MAED 2,161,777 · Jun 2022June 2022 | 158,000 /yr | |
| 1907 | 1-bed | 987 sqft | AED 1.61MAED 1,607,777 · Jun 2022June 2022 | 133,000 /yr | |
| 1908 | 2-bed | 1,632 sqft | AED 2.75MAED 2,750,000 · Jul 2023July 2023 | 140,000 /yr | |
| 1909 | 2-bed | 1,616 sqft | AED 2.28MAED 2,277,777 · Apr 2022April 2022 | ||
| 1910 | 2-bed | 1,549 sqft | AED 2.23MAED 2,225,777 · Nov 2022November 2022 | 160,000 /yr |
1903, Park Gate Residences 2 in numbers
- Sold twice: first on 28 July 2022 for AED 2,933,777, last on 11 September 2023 for AED 3,000,000 (AED 1,909 per sqft).
- Rented since February 2023 on one Ejari contract, at AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2023 price is 4.7%.
- 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 11 September 2023.
Questions about 1903, Park Gate Residences 2
What did unit 1903 last sell for?
AED 3,000,000 on 11 September 2023: AED 1,909 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,933,777 in July 2022.
What is the rent for unit 1903?
AED 140,000 a year on the contract signed on 25 February 2023.
How big is unit 1903?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 19th floor of a 20-storey tower completed in 2020.
What is unit 1903 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 1903, Park Gate Residences 2
Starts from the last sale price (AED 3M, 11 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →