709, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in July 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 709, Park Gate Residences 1
What is 709 worth today?
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Source: Dubai Land Department. Updated 17 July 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,527 sqft
- Floor
- 7th of 27
- Parking
- B2-002
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.99M · July 2018
- Building
- Park Gate Residences 1
About 709, Park Gate Residences 1
709 is a two-bedroom apartment of 1,527 sqft on the 7th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 17 July 2018 for AED 1,990,000, or AED 1,302 per sqft, 5% above the AED 1,237 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 709 over time
709 has sold once; the dashed line is the two-bed median of each year in the building.
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 709 sits
All 103 2-beds →709 last sold in July 2018 at AED 1,302 per sqft, 5% above what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,237). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 May 202527 May 2025 | 1,555 sqft | 2,150,775 | 1,383 | ||
| 30 Apr 202530 April 2025 | 1,557 sqft | 2,800,000 | 1,798 | ||
| 24 Apr 202524 April 2025 | 1,555 sqft | 2,885,000 | 1,855 | ||
| 27 Mar 202527 March 2025 | 1,633 sqft | 2,550,000 | 1,561 |
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 7th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,477 sqft | AED 2.63MAED 2,632,777 · Apr 2022April 2022 | ||
| 702 | 1-bed | 994 sqft | AED 1.62MAED 1,615,777 · Jun 2023June 2023 | ||
| 703 | 2-bed | 1,571 sqft | AED 2.42MAED 2,422,000 · Sep 2019September 2019 | ||
| 704 | 2-bed | 1,553 sqft | AED 1.94MAED 1,939,000 · Apr 2018April 2018 | ||
| 705 | 2-bed | 1,528 sqft | AED 2.03MAED 2,030,000 · Apr 2018April 2018 | 140,000 /yr | |
| 706 | 1,634 sqft | AED 2.75MAED 2,750,000 · Nov 2025November 2025 | |||
| 707 | 1-bed | 987 sqft | AED 1.54MAED 1,542,777 · May 2023May 2023 | 100,000 /yr | |
| 708 | 2-bed | 1,557 sqft | AED 2.8MAED 2,800,000 · Apr 2025April 2025 | 150,000 /yr | |
| 710 | 2-bed | 1,554 sqft | AED 2.04MAED 2,040,777 · Jun 2021June 2021 |
709, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 17 July 2018 for AED 1,990,000, or AED 1,302 per sqft.
- 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: Dubai Land Department. Updated 17 July 2018.
Questions about 709, Park Gate Residences 1
What did unit 709 last sell for?
AED 1,990,000 on 17 July 2018, sold by the developer: AED 1,302 per sqft for 1,527 sqft. It is the only registered sale of the unit.
How big is unit 709?
1,527 sqft (141.9 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2020.
What is unit 709 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 709, Park Gate Residences 1
Starts from the last sale price (AED 1.99M, 17 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,990,000
- Deposit, UAE resident (20%)
- AED 398,000
- Deposit, non-resident (40%)
- AED 796,000
- Monthly over 25 years at 3.7%
- AED 8,142
Plus AED 88,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →