804, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 804, Park Gate Residences 2
What is 804 worth today?
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Source: Dubai Land Department. Updated 21 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,548 sqft
- Floor
- 8th of 20
- Parking
- B2-183
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.03M · May 2021
- Building
- Park Gate Residences 2
About 804, Park Gate Residences 2
804 is a two-bedroom apartment of 1,548 sqft on the 8th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 9 May 2021 for AED 2,028,777, or AED 1,310 per sqft, in line with the AED 1,310 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 21 August 2023, is AED 120,000 a year: a gross yield of 5.9% on the 2021 price.
Sales and rents for 804 over time
804 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 804 sits
All 125 2-beds →804 last sold in May 2021 at AED 1,310 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,310). 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. 804's AED 120,000 is at the bottom 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 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 | |
| 802 | 1-bed | 994 sqft | AED 2.05MAED 2,050,000 · Oct 2024October 2024 | 120,000 /yr | |
| 803 | 2-bed | 1,571 sqft | AED 3.15MAED 3,145,777 · Oct 2023October 2023 | ||
| 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 |
804, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 9 May 2021 for AED 2,028,777, or AED 1,310 per sqft.
- Rented since August 2021 on 3 Ejari contracts, from AED 85,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 5.9%.
- 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 21 August 2023.
Questions about 804, Park Gate Residences 2
What did unit 804 last sell for?
AED 2,028,777 on 9 May 2021, sold by the developer: AED 1,310 per sqft for 1,548 sqft. It is the only registered sale of the unit.
What is the rent for unit 804?
AED 120,000 a year on the contract renewed on 21 August 2023. The previous contract, from August 2022, was AED 90,000; the unit has been rented since August 2021.
How big is unit 804?
1,548 sqft (143.8 sqm): a two-bedroom apartment on the 8th floor of a 20-storey tower completed in 2020.
What is unit 804 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 804, Park Gate Residences 2
Starts from the last sale price (AED 2.03M, 9 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,028,777
- Deposit, UAE resident (20%)
- AED 405,755
- Deposit, non-resident (40%)
- AED 811,511
- Monthly over 25 years at 3.7%
- AED 8,300
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →