702, Park Gate Residences 2
Sold prices and rental history: sold twice, last in May 2025, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Park Gate Residences 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 7th of 20
- Parking
- B2-215
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.8M · May 2025
- Building
- Park Gate Residences 2
About 702, Park Gate Residences 2
702 is a one-bedroom apartment of 994 sqft on the 7th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 7 May 2025 for AED 1,800,000, or AED 1,810 per sqft, 6% below the AED 1,924 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 September 2025. The current contract, signed on 15 September 2025, is AED 110,000 a year: a gross yield of 6.1% on the 2025 price.
Sales and rents for 702 over time
702 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 2, and where 702 sits
All 34 1-beds →702 last sold in May 2025 at AED 1,810 per sqft, 6% below what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,924). Over the last 12 months one-beds sold for AED 1,650,000 to 2,200,000, around AED 1,823 per sqft, and rent for AED 80,000 to 136,000 a year. 702's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 994 sqft | 2,200,000 | 2,212 | ||
| 9 Jul 20269 July 2026 | 987 sqft | 1,650,000 | 1,671 | ||
| 17 Dec 202517 December 2025 | 987 sqft | 1,800,000 | 1,823 | ||
| 26 Jun 202526 June 2025 | 992 sqft | 1,940,000 | 1,955 |
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 7th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,569 sqft | AED 2.7MAED 2,702,777 · Jan 2022January 2022 | 170,000 /yr | |
| 703 | 2-bed | 1,573 sqft | AED 2.78MAED 2,783,777 · May 2022May 2022 | 65,625 /yr | |
| 704 | 2-bed | 1,550 sqft | AED 2.04MAED 2,038,777 · Sep 2021September 2021 | ||
| 705 | 2-bed | 615 sqft | AED 1.93MAED 1,926,777 · Sep 2019September 2019 | ||
| 706 | 2-bed | 1,633 sqft | AED 2.8MAED 2,800,000 · May 2026May 2026 | ||
| 707 | 1-bed | 987 sqft | AED 1.39MAED 1,388,777 · Sep 2019September 2019 | ||
| 708 | 2-bed | 1,630 sqft | AED 2.4MAED 2,400,000 · Apr 2026April 2026 | 121,000 /yr | |
| 709 | 2-bed | 1,614 sqft | AED 1.93MAED 1,925,777 · Sep 2019September 2019 | 85,000 /yr | |
| 710 | 2-bed | 1,548 sqft | AED 1.83MAED 1,826,777 · Oct 2019October 2019 | 130,000 /yr |
702, Park Gate Residences 2 in numbers
- Sold twice: first on 21 April 2022 for AED 1,803,777, last on 7 May 2025 for AED 1,800,000 (AED 1,810 per sqft).
- Rented since September 2025 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 6.1%.
- One-beds in Park Gate Residences 2 sold for AED 1,650,000–2,200,000 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 15 September 2025.
Questions about 702, Park Gate Residences 2
What did unit 702 last sell for?
AED 1,800,000 on 7 May 2025: AED 1,810 per sqft for 994 sqft. The unit has 2 registered sales; the first was AED 1,803,777 in April 2022.
What is the rent for unit 702?
AED 110,000 a year on the contract signed on 15 September 2025.
How big is unit 702?
994 sqft (92.3 sqm): a one-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 2 sold for AED 1,650,000 to 2,200,000 in the last 12 months, around AED 1,823 per sqft.
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Mortgage on 702, Park Gate Residences 2
Starts from the last sale price (AED 1.8M, 7 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →