802, Park Gate Residences 2
Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 802, Park Gate Residences 2
What is 802 worth today?
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Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 8th of 20
- Parking
- B2-231
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.05M · October 2024
- Building
- Park Gate Residences 2
About 802, Park Gate Residences 2
802 is a one-bedroom apartment of 994 sqft on the 8th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 10 October 2024 for AED 2,050,000, or AED 2,061 per sqft, 13% above the AED 1,829 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 December 2024, is AED 120,000 a year: a gross yield of 5.9% on the 2024 price.
Sales and rents for 802 over time
802 has sold 3 times; 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 802 sits
All 34 1-beds →802 last sold in October 2024 at AED 2,061 per sqft, 13% above what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,829). 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. 802's AED 120,000 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 8th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,477 sqft | AED 2.78MAED 2,778,777 · Aug 2022August 2022 | 165,000 /yr | |
| 803 | 2-bed | 1,571 sqft | AED 3.15MAED 3,145,777 · Oct 2023October 2023 | ||
| 804 | 2-bed | 1,548 sqft | AED 2.03MAED 2,028,777 · May 2021May 2021 | 120,000 /yr | |
| 805 | 2-bed | 1,617 sqft | AED 1.97MAED 1,973,777 · Aug 2019August 2019 | ||
| 806 | 2-bed | 1,631 sqft | AED 2.8MAED 2,800,000 · Sep 2026September 2026 | ||
| 807 | 1-bed | 987 sqft | AED 1.48MAED 1,479,777 · Nov 2019November 2019 | ||
| 808 | 2-bed | 1,554 sqft | AED 2.29MAED 2,285,000 · Feb 2023February 2023 | ||
| 809 | 2-bed | 1,616 sqft | AED 1.93MAED 1,934,777 · Sep 2019September 2019 | ||
| 810 | 2-bed | 1,549 sqft | AED 1.84MAED 1,835,777 · Sep 2019September 2019 |
802, Park Gate Residences 2 in numbers
- Sold 3 times: first on 23 September 2019 for AED 1,638,777, last on 10 October 2024 for AED 2,050,000 (AED 2,061 per sqft).
- Rented since September 2021 on 3 Ejari contracts, from AED 60,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 5.9%.
- 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 5 December 2024.
Questions about 802, Park Gate Residences 2
What did unit 802 last sell for?
AED 2,050,000 on 10 October 2024: AED 2,061 per sqft for 994 sqft. The unit has 3 registered sales; the first was AED 1,638,777 in September 2019.
What is the rent for unit 802?
AED 120,000 a year on the contract signed on 5 December 2024. The previous contract, from July 2022, was AED 90,000; the unit has been rented since September 2021.
How big is unit 802?
994 sqft (92.3 sqm): a one-bedroom apartment on the 8th floor of a 20-storey tower completed in 2020.
What is unit 802 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 802, Park Gate Residences 2
Starts from the last sale price (AED 2.05M, 10 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →