2-bed · 1,634 sqftPark Gate Residences 1, Al Kifaf · 6th floor · completed 2020

606, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 29 January 2026
Last soldAED 1.86M16 April 2018
Current rentAED 126K /yr29 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Park Gate Residences 1

What is 606 worth today?

Last sold for AED 1,860,000 in 2018

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29 Jan 2026RentedRenewal
AED 126,000/yr12 months · AED 77 per sqft
29 Jan 2025RentedRenewal
AED 121,000/yr12 months · AED 74 per sqft
29 Jan 2023RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
16 Apr 2018Sold by developerOff-plan
AED 1,860,000AED 1,138 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 January 2026.

Key facts

Type
2-bed apartment
Size
1,634 sqft
Floor
6th of 27
Parking
B2-174
Developer
Wasl
Completed
2020
Last sold
AED 1.86M · April 2018

About 606, Park Gate Residences 1

606 is a two-bedroom apartment of 1,634 sqft on the 6th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 16 April 2018 for AED 1,860,000, or AED 1,138 per sqft, 8% below the AED 1,239 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 29 January 2026, is AED 126,000 a year: a gross yield of 6.8% on the 2018 price.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Park Gate Residences 1
2M2.5M20182020202220242026Typical sale price by year: 2018 AED 1,983,000; 2019 AED 2,427,777; 2020 AED 2,026,277; 2021 AED 2,087,777; 2022 AED 2,177,777; 2023 AED 2,525,000; 2024 AED 2,800,000; 2025 AED 2,812,500Sold by developer, April 2018: AED 1,860,000 (AED 1,138 per sqft)

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

Rents
Unit 606, each contractTypical two-bed in Park Gate Residences 1
100K150K2021202320252027Typical rent by year: 2021 AED 92,000; 2022 AED 110,000; 2023 AED 134,500; 2024 AED 141,250; 2025 AED 155,000; 2026 AED 165,000Renewal, January 2023: AED 110,000 a yearRenewal, January 2025: AED 121,000 a yearRenewal, January 2026: AED 126,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park Gate Residences 1, and where 606 sits

All 103 2-beds →

606 last sold in April 2018 at AED 1,138 per sqft, 8% below what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,239). Over the last 12 months two-beds sold for AED 2,750,000 to 3,000,000, around AED 1,759 per sqft, and rent for AED 126,000 to 185,000 a year. 606's AED 126,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 May 20252,150,775
30 Apr 20252,800,000
24 Apr 20252,885,000
27 Mar 20252,550,000
2 2-bed sales in the last 12 months

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 6th floor

All 204 units in Park Gate Residences 1
Value
6012-bedAED 3M · Sep 2024
6021-bedAED 1.56M · Dec 2018
6032-bedAED 2.77M · May 2023
6042-bedAED 1.86M · Apr 2018
6052-bedAED 2.8M · Jun 2024
6071-bedAED 1.51M · Aug 2021
608AED 3M · Nov 2025
1–7 of 9

606, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 16 April 2018 for AED 1,860,000, or AED 1,138 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 110,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2018 price is 6.8%.
  • Two-beds in Park Gate Residences 1 sold for AED 2,750,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,835 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 29 January 2026.

Questions about 606, Park Gate Residences 1

What did unit 606 last sell for?

AED 1,860,000 on 16 April 2018, sold by the developer: AED 1,138 per sqft for 1,634 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 126,000 a year on the contract renewed on 29 January 2026. The previous contract, from January 2025, was AED 121,000; the unit has been rented since January 2023.

How big is unit 606?

1,634 sqft (151.8 sqm): a two-bedroom apartment on the 6th floor of a 27-storey tower completed in 2020.

What is unit 606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Gate Residences 1 sold for AED 2,750,000 to 3,000,000 in the last 12 months, around AED 1,759 per sqft.

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Mortgage on 606, Park Gate Residences 1

Starts from the last sale price (AED 1.86M, 16 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,860,000
Deposit, UAE resident (20%)
AED 372,000
Deposit, non-resident (40%)
AED 744,000
Monthly over 25 years at 3.7%
AED 7,610

Plus AED 83,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →