1-bed · 987 sqftPark Gate Residences 2, Al Kifaf · 9th floor · completed 2020

907, Park Gate Residences 2

Sold prices and rental history: sold once, by the developer in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 9 May 2021
Last soldAED 1.55M9 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Park Gate Residences 2

What is 907 worth today?

Last sold for AED 1,550,777 in 2021

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9 May 2021Sold by developerReady
AED 1,550,777AED 1,570 per sqft

Source: Dubai Land Department. Updated 9 May 2021.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
9th of 20
Parking
B2-203
Developer
Wasl
Completed
2020
Last sold
AED 1.55M · May 2021

About 907, Park Gate Residences 2

907 is a one-bedroom apartment of 987 sqft on the 9th 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 1,550,777, or AED 1,570 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical one-bed in Park Gate Residences 2
1.6M1.8M2019202120232025Typical sale price by year: 2019 AED 1,638,777; 2022 AED 1,719,777; 2023 AED 1,791,777; 2024 AED 1,795,889; 2025 AED 1,800,000Sold by developer, May 2021: AED 1,550,777 (AED 1,570 per sqft)

907 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 907, each contractTypical one-bed in Park Gate Residences 2
100K120K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 117,500; 2026 AED 120,000

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 907 sits

All 34 1-beds →

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.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Aug 20262,200,000
9 Jul 20261,650,000
17 Dec 20251,800,000
26 Jun 20251,940,000
3 1-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 9th floor

All 163 units in Park Gate Residences 2
Value
9012-bedAED 2.54M · Sep 2019
9021-bedAED 1.65M · Sep 2019
9032-bedAED 2.54M · Sep 2019
9042-bedAED 1.88M · Sep 2019
9052-bedAED 2.01M · Apr 2020
9062-bedAED 2.85M · Feb 2026
9082-bedAED 2.96M · Jul 2024
1–7 of 9

907, Park Gate Residences 2 in numbers

  • Sold once: by Wasl on 9 May 2021 for AED 1,550,777, or AED 1,570 per sqft.
  • 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 9 May 2021.

Questions about 907, Park Gate Residences 2

What did unit 907 last sell for?

AED 1,550,777 on 9 May 2021, sold by the developer: AED 1,570 per sqft for 987 sqft. It is the only registered sale of the unit.

How big is unit 907?

987 sqft (91.7 sqm): a one-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.

What is unit 907 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 907, Park Gate Residences 2

Starts from the last sale price (AED 1.55M, 9 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,777
Deposit, UAE resident (20%)
AED 310,155
Deposit, non-resident (40%)
AED 620,311
Monthly over 25 years at 3.7%
AED 6,345

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