705, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Park Gate Residences 2
What is 705 worth today?
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Source: Dubai Land Department. Updated 22 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 615 sqft
- Floor
- 7th of 20
- Parking
- B2-205 , B2-022
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.93M · September 2019
- Building
- Park Gate Residences 2
About 705, Park Gate Residences 2
705 is a two-bedroom apartment of 615 sqft on the 7th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 22 September 2019 for AED 1,926,777, or AED 1,190 per sqft, in line with the AED 1,206 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 705 over time
705 has sold once; 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 705 sits
All 125 2-beds →705 last sold in September 2019 at AED 1,190 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,206). 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.
| 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 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 | |
| 702 | 1-bed | 994 sqft | AED 1.8MAED 1,800,000 · May 2025May 2025 | 110,000 /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 | ||
| 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 |
705, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 22 September 2019 for AED 1,926,777, or AED 1,190 per sqft.
- 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 22 September 2019.
Questions about 705, Park Gate Residences 2
What did unit 705 last sell for?
AED 1,926,777 on 22 September 2019, sold by the developer: AED 1,190 per sqft for 615 sqft. It is the only registered sale of the unit.
How big is unit 705?
615 sqft (57.1 sqm): a two-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.
What is unit 705 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 705, Park Gate Residences 2
Starts from the last sale price (AED 1.93M, 22 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,926,777
- Deposit, UAE resident (20%)
- AED 385,355
- Deposit, non-resident (40%)
- AED 770,711
- Monthly over 25 years at 3.7%
- AED 7,883
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →