1002, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in June 2018, 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 1002, Park Gate Residences 1
What is 1002 worth today?
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Source: Dubai Land Department. Updated 18 June 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 10th of 27
- Parking
- B2-013
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.59M · June 2018
- Building
- Park Gate Residences 1
About 1002, Park Gate Residences 1
1002 is a one-bedroom apartment of 994 sqft on the 10th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 18 June 2018 for AED 1,588,000, or AED 1,596 per sqft, in line with the AED 1,593 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1002 over time
1002 has sold once; 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 1, and where 1002 sits
All 42 1-beds →1002 last sold in June 2018 at AED 1,596 per sqft, in line with what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,593). Over the last 12 months one-beds sold for AED 2,000,000, around AED 2,025 per sqft, and rent for AED 97,000 to 110,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Dec 202515 December 2025 | 987 sqft | 2,000,000 | 2,025 | ||
| 19 Jun 202519 June 2025 | 987 sqft | 2,274,670 | 2,303 | ||
| 28 Apr 202528 April 2025 | 995 sqft | 2,000,000 | 2,010 | ||
| 16 Apr 202516 April 2025 | 995 sqft | 2,025,000 | 2,035 |
Park Gate Residences 1
Building204 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,835
- Typical sale
- AED 2.75M
- Typical rent
- AED 155K /yr
- Typical yield
- 5.6%
Other units on the 10th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1,571 sqft | AED 2.46MAED 2,455,000 · Apr 2018April 2018 | |||
| 1003 | 2-bed | 1,571 sqft | AED 2.6MAED 2,600,000 · Sep 2023September 2023 | ||
| 1004 | 2-bed | 1,553 sqft | AED 1.89MAED 1,892,000 · Mar 2018March 2018 | ||
| 1005 | 2-bed | 1,610 sqft | AED 1.99MAED 1,993,000 · Mar 2018March 2018 | 123,000 /yr | |
| 1006 | 2-bed | 1,633 sqft | AED 2.07MAED 2,074,777 · May 2021May 2021 | ||
| 1007 | 1-bed | 987 sqft | AED 1.79MAED 1,791,777 · Aug 2024August 2024 | 97,000 /yr | |
| 1008 | 2-bed | 1,634 sqft | AED 2.12MAED 2,117,777 · May 2022May 2022 | 155,000 /yr | |
| 1009 | 2-bed | 1,609 sqft | AED 2.03MAED 2,025,000 · Apr 2021April 2021 | ||
| 1010 | 2-bed | 1,554 sqft | AED 2.07MAED 2,071,777 · Jun 2021June 2021 |
1002, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 18 June 2018 for AED 1,588,000, or AED 1,596 per sqft.
- One-beds in Park Gate Residences 1 sold for AED 2,000,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,835 per sqft.
Source: Dubai Land Department. Updated 18 June 2018.
Questions about 1002, Park Gate Residences 1
What did unit 1002 last sell for?
AED 1,588,000 on 18 June 2018, sold by the developer: AED 1,596 per sqft for 994 sqft. It is the only registered sale of the unit.
How big is unit 1002?
994 sqft (92.3 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2020.
What is unit 1002 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 1 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 2,025 per sqft.
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Mortgage on 1002, Park Gate Residences 1
Starts from the last sale price (AED 1.59M, 18 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,588,000
- Deposit, UAE resident (20%)
- AED 317,600
- Deposit, non-resident (40%)
- AED 635,200
- Monthly over 25 years at 3.7%
- AED 6,497
Plus AED 71,706 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →