994 sqftPark Gate Residences 1, Al Kifaf · 12th floor · completed 2020

1202, Park Gate Residences 1

Sold prices and rental history: sold twice, last in August 2025, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 1.75M11 August 2025
Current rentAED 120K /yr10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Park Gate Residences 1

What is 1202 worth today?

Last sold for AED 1,750,000 in 2025

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10 Nov 2025RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
11 Aug 2025SoldReady
AED 1,750,000AED 1,759 per sqft
18 Jun 2018Sold by developerOff-plan
AED 1,570,000AED 1,578 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type
Apartment
Size
994 sqft
Floor
12th of 27
Parking
B1-107
Developer
Wasl
Completed
2020
Last sold
AED 1.75M · August 2025

About 1202, Park Gate Residences 1

1202 is an apartment of 994 sqft on the 12th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 11 August 2025 for AED 1,750,000, or AED 1,759 per sqft.

One Ejari contract is registered, from 10 November 2025. The current contract, signed on 10 November 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2025 price.

Park Gate Residences 1

Building

204 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%
Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 12th floor

All 204 units in Park Gate Residences 1
Value
12012-bedAED 2.43M · Oct 2019
12032-bedAED 2.48M · Mar 2018
12042-bedAED 1.91M · May 2018
12052-bedAED 2M · Feb 2021
12062-bedAED 1.97M · Jun 2022
12071-bedAED 1.38M · Feb 2024
12082-bedAED 2.97M · Mar 2024
1–7 of 9

1202, Park Gate Residences 1 in numbers

  • Sold twice: first on 18 June 2018 for AED 1,570,000, last on 11 August 2025 for AED 1,750,000 (AED 1,759 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 6.9%.

Source: Dubai Land Department. Updated 10 November 2025.

Questions about 1202, Park Gate Residences 1

What did unit 1202 last sell for?

AED 1,750,000 on 11 August 2025: AED 1,759 per sqft for 994 sqft. The unit has 2 registered sales; the first was AED 1,570,000 in June 2018.

What is the rent for unit 1202?

AED 120,000 a year on the contract signed on 10 November 2025.

How big is unit 1202?

994 sqft (92.3 sqm): an apartment on the 12th floor of a 27-storey tower completed in 2020.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1202, Park Gate Residences 1

Starts from the last sale price (AED 1.75M, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →