2-bed · 1,632 sqftPark Gate Residences 2, Al Kifaf · 19th floor · completed 2020

1908, Park Gate Residences 2

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 23 February 2025
Last soldAED 2.75M31 July 2023
Current rentAED 140K /yr23 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, Park Gate Residences 2

What is 1908 worth today?

Last sold for AED 2,750,000 in 2023

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23 Feb 2025RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
23 Feb 2025RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
23 Feb 2024RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
31 Jul 2023SoldReady
AED 2,750,000AED 1,685 per sqft
23 Feb 2023RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
28 Jul 2022Sold by developerReady
AED 2,251,777AED 1,379 per sqft

Source: Dubai Land Department. Updated 23 February 2025.

Key facts

Type
2-bed apartment
Size
1,632 sqft
Floor
19th of 20
Parking
AB3-047
Developer
Wasl
Completed
2020
Last sold
AED 2.75M · July 2023

About 1908, Park Gate Residences 2

1908 is a two-bedroom apartment of 1,632 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 31 July 2023 for AED 2,750,000, or AED 1,685 per sqft, 15% above the AED 1,467 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 23 February 2025, is AED 140,000 a year: a gross yield of 5.1% on the 2023 price.

Sales and rents for 1908 over time

Sales
Unit 1908, 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, July 2022: AED 2,251,777 (AED 1,379 per sqft)Sold, July 2023: AED 2,750,000 (AED 1,685 per sqft)

1908 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1908, 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, February 2023: AED 140,000 a yearNew contract, February 2024: AED 140,000 a yearRenewal, February 2025: AED 140,000 a yearRenewal, February 2025: 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 1908 sits

All 125 2-beds →

1908 last sold in July 2023 at AED 1,685 per sqft, 15% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,467). 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. 1908's AED 140,000 is in the lower 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 19th floor

All 163 units in Park Gate Residences 2
Value
19012-bedAED 2.79M · Jul 2022
19021-bedAED 1.81M · Jun 2022
19032-bedAED 3M · Sep 2023
19042-bedAED 2.24M · Mar 2022
19052-bedAED 2.26M · Jul 2022
19062-bedAED 2.16M · Jun 2022
19071-bedAED 1.61M · Jun 2022
1–7 of 9

1908, Park Gate Residences 2 in numbers

  • Sold twice: first on 28 July 2022 for AED 2,251,777, last on 31 July 2023 for AED 2,750,000 (AED 1,685 per sqft).
  • Rented since February 2023 on 4 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 5.1%.
  • 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 23 February 2025.

Questions about 1908, Park Gate Residences 2

What did unit 1908 last sell for?

AED 2,750,000 on 31 July 2023: AED 1,685 per sqft for 1,632 sqft. The unit has 2 registered sales; the first was AED 2,251,777 in July 2022.

What is the rent for unit 1908?

AED 140,000 a year on the contract renewed on 23 February 2025. The previous contract, from February 2025, was AED 140,000; the unit has been rented since February 2023.

How big is unit 1908?

1,632 sqft (151.6 sqm): a two-bedroom apartment on the 19th floor of a 20-storey tower completed in 2020.

What is unit 1908 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 1908, Park Gate Residences 2

Starts from the last sale price (AED 2.75M, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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