1906, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1906, Park Gate Residences 1
What is 1906 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 19th of 27
- Parking
- AB2-103
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.63M · May 2022
- Building
- Park Gate Residences 1
About 1906, Park Gate Residences 1
1906 is a one-bedroom apartment of 987 sqft on the 19th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 May 2022 for AED 1,628,777, or AED 1,649 per sqft, 3% below the AED 1,703 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2024. The current contract, signed on 15 October 2024, is AED 95,000 a year: a gross yield of 5.8% on the 2022 price.
Sales and rents for 1906 over time
1906 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 1906 sits
All 42 1-beds →1906 last sold in May 2022 at AED 1,649 per sqft, 3% below what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,703). 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. 1906's AED 95,000 is at the bottom of that range.
| 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 19th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 3-bed | 1,967 sqft | AED 4.25MAED 4,250,000 · Jul 2024July 2024 | 320,000 /yr | |
| 1902 | 1-bed | 995 sqft | AED 1.65MAED 1,650,000 · May 2018May 2018 | 66,000 /yr | |
| 1903 | 3-bed | 2,060 sqft | AED 3.41MAED 3,411,000 · Sep 2019September 2019 | ||
| 1904 | 3-bed | 2,162 sqft | AED 3.12MAED 3,118,000 · Mar 2018March 2018 | 80,000 /yr | |
| 1905 | 3-bed | 2,074 sqft | AED 2.97MAED 2,970,777 · May 2020May 2020 | ||
| 1907 | 3-bed | 1,997 sqft | AED 3.17MAED 3,174,777 · Mar 2022March 2022 | 178,500 /yr | |
| 1908 | 3-bed | 2,163 sqft | AED 3.12MAED 3,123,000 · Sep 2019September 2019 |
1906, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 13 May 2022 for AED 1,628,777, or AED 1,649 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 5.8%.
- 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 15 October 2024.
Questions about 1906, Park Gate Residences 1
What did unit 1906 last sell for?
AED 1,628,777 on 13 May 2022, sold by the developer: AED 1,649 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 1906?
AED 95,000 a year on the contract signed on 15 October 2024.
How big is unit 1906?
987 sqft (91.7 sqm): a one-bedroom apartment on the 19th floor of a 27-storey tower completed in 2020.
What is unit 1906 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 1906, Park Gate Residences 1
Starts from the last sale price (AED 1.63M, 13 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,628,777
- Deposit, UAE resident (20%)
- AED 325,755
- Deposit, non-resident (40%)
- AED 651,511
- Monthly over 25 years at 3.7%
- AED 6,664
Plus AED 73,419 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →