903, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 903, Park Gate Residences 1
What is 903 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,477 sqft
- Floor
- 9th of 27
- Parking
- B2-173
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.43M · March 2020
- Building
- Park Gate Residences 1
About 903, Park Gate Residences 1
903 is a two-bedroom apartment of 1,477 sqft on the 9th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 11 March 2020 for AED 2,429,777, or AED 1,645 per sqft, 6% above the AED 1,548 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 130,000 a year: a gross yield of 5.3% on the 2020 price.
Sales and rents for 903 over time
903 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 903 sits
All 103 2-beds →903 last sold in March 2020 at AED 1,645 per sqft, 6% above what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,548). 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. 903's AED 130,000 is in the lower half of that range.
| 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 9th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,571 sqft | AED 2.65MAED 2,646,777 · May 2022May 2022 | 128,125 /yr | |
| 902 | 1-bed | 994 sqft | AED 1.58MAED 1,581,000 · Mar 2018March 2018 | 75,000 /yr | |
| 904 | 2-bed | 1,554 sqft | AED 2.45MAED 2,450,000 · Jun 2023June 2023 | ||
| 905 | 2-bed | 1,610 sqft | AED 1.98MAED 1,983,000 · Feb 2018February 2018 | ||
| 906 | 2-bed | 1,555 sqft | AED 1.88MAED 1,875,000 · Apr 2018April 2018 | 115,000 /yr | |
| 907 | 1-bed | 987 sqft | AED 1.79MAED 1,791,777 · May 2024May 2024 | 110,000 /yr | |
| 908 | 2-bed | 1,634 sqft | AED 2.11MAED 2,107,777 · May 2022May 2022 | 143,000 /yr | |
| 909 | 1,609 sqft | AED 2.7MAED 2,700,000 · Oct 2025October 2025 | 160,000 /yr | ||
| 910 | 2-bed | 1,554 sqft | AED 1.96MAED 1,959,000 · Jan 2019January 2019 |
903, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 11 March 2020 for AED 2,429,777, or AED 1,645 per sqft.
- Rented since June 2021 on 4 Ejari contracts, from AED 100,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2020 price is 5.3%.
- 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 1 August 2025.
Questions about 903, Park Gate Residences 1
What did unit 903 last sell for?
AED 2,429,777 on 11 March 2020, sold by the developer: AED 1,645 per sqft for 1,477 sqft. It is the only registered sale of the unit.
What is the rent for unit 903?
AED 130,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 130,000; the unit has been rented since June 2021.
How big is unit 903?
1,477 sqft (137.2 sqm): a two-bedroom apartment on the 9th floor of a 27-storey tower completed in 2020.
What is unit 903 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 903, Park Gate Residences 1
Starts from the last sale price (AED 2.43M, 11 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,429,777
- Deposit, UAE resident (20%)
- AED 485,955
- Deposit, non-resident (40%)
- AED 971,911
- Monthly over 25 years at 3.7%
- AED 9,941
Plus AED 107,061 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →