2304, Park Gate Residences 1
Sold prices and rental history: sold twice, last in February 2021, 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 2304, Park Gate Residences 1
What is 2304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 648 sqft
- Floor
- 23rd of 27
- Parking
- AB4-045, AB4-046
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.93M · February 2021
- Building
- Park Gate Residences 1
About 2304, Park Gate Residences 1
2304 is a three-bedroom apartment of 648 sqft on the 23rd floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 21 February 2021 for AED 2,925,000, or AED 1,352 per sqft, 12% below the AED 1,528 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2304 over time
2304 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Park Gate Residences 1, and where 2304 sits
All 49 3-beds →2304 last sold in February 2021 at AED 1,352 per sqft, 12% below what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,528).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 2,163 sqft | 4,000,000 | 1,849 | ||
| 21 Jan 202521 January 2025 | 2,155 sqft | 4,200,000 | 1,948 | ||
| 18 Jul 202418 July 2024 | 1,967 sqft | 4,250,000 | 2,160 | ||
| 6 Jun 20246 June 2024 | 2,060 sqft | 4,300,000 | 2,087 |
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 23rd floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 2,060 sqft | AED 3.47MAED 3,470,777 · Apr 2020April 2020 | ||
| 2302 | 1-bed | 995 sqft | AED 1.82MAED 1,820,777 · Apr 2022April 2022 | ||
| 2303 | 3-bed | 2,060 sqft | AED 4.3MAED 4,300,000 · Jun 2024June 2024 | 120,000 /yr | |
| 2305 | 3-bed | 2,155 sqft | AED 3.12MAED 3,121,777 · Apr 2021April 2021 | ||
| 2306 | 1-bed | 987 sqft | AED 1.65MAED 1,653,777 · Apr 2022April 2022 | 110,000 /yr | |
| 2307 | 3-bed | 2,155 sqft | AED 3.23MAED 3,226,777 · Jul 2022July 2022 | 183,000 /yr | |
| 2308 | 3-bed | 2,163 sqft | AED 3.18MAED 3,180,000 · Sep 2019September 2019 |
2304, Park Gate Residences 1 in numbers
- Sold twice: first on 8 March 2018 for AED 3,175,000, last on 21 February 2021 for AED 2,925,000 (AED 1,352 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2021.
Questions about 2304, Park Gate Residences 1
What did unit 2304 last sell for?
AED 2,925,000 on 21 February 2021: AED 1,352 per sqft for 648 sqft. The unit has 2 registered sales; the first was AED 3,175,000 in March 2018.
How big is unit 2304?
648 sqft (60.2 sqm): a three-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2020.
What is unit 2304 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 2304, Park Gate Residences 1
Starts from the last sale price (AED 2.93M, 21 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,925,000
- Deposit, UAE resident (20%)
- AED 585,000
- Deposit, non-resident (40%)
- AED 1,170,000
- Monthly over 25 years at 3.7%
- AED 11,967
Plus AED 127,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →