2-bed · 1,634 sqftPark Gate Residences 1, Al Kifaf · 9th floor · completed 2020

908, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.11M17 May 2022
Current rentAED 143K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Park Gate Residences 1

What is 908 worth today?

Last sold for AED 2,107,777 in 2022

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1 Jul 2025RentedRenewal
AED 143,000/yr12 months · AED 88 per sqft
1 Jul 2024RentedRenewal
AED 140,500/yr12 months · AED 86 per sqft
1 Jul 2023RentedRenewal
AED 134,000/yr12 months · AED 82 per sqft
1 Jul 2022RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
17 May 2022Sold by developerReady
AED 2,107,777AED 1,290 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,634 sqft
Floor
9th of 27
Parking
B2-209
Developer
Wasl
Completed
2020
Last sold
AED 2.11M · May 2022

About 908, Park Gate Residences 1

908 is a two-bedroom apartment of 1,634 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 17 May 2022 for AED 2,107,777, or AED 1,290 per sqft, 5% below the AED 1,363 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 143,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for 908 over time

Sales
Unit 908, 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, May 2022: AED 2,107,777 (AED 1,290 per sqft)

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

Rents
Unit 908, 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 165,000New contract, July 2022: AED 125,000 a yearRenewal, July 2023: AED 134,000 a yearRenewal, July 2024: AED 140,500 a yearRenewal, July 2025: AED 143,000 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 908 sits

All 103 2-beds →

908 last sold in May 2022 at AED 1,290 per sqft, 5% below what two-beds in Park Gate Residences 1 were fetching at the time (AED 1,363). 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. 908's AED 143,000 is in the lower half 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 9th floor

All 204 units in Park Gate Residences 1
Value
9012-bedAED 2.65M · May 2022
9021-bedAED 1.58M · Mar 2018
9032-bedAED 2.43M · Mar 2020
9042-bedAED 2.45M · Jun 2023
9052-bedAED 1.98M · Feb 2018
9062-bedAED 1.88M · Apr 2018
9071-bedAED 1.79M · May 2024
1–7 of 9

908, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 17 May 2022 for AED 2,107,777, or AED 1,290 per sqft.
  • Rented since July 2022 on 4 Ejari contracts, from AED 125,000 to AED 143,000 a year.
  • At AED 143,000 a year the gross yield on the 2022 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 1 July 2025.

Questions about 908, Park Gate Residences 1

What did unit 908 last sell for?

AED 2,107,777 on 17 May 2022, sold by the developer: AED 1,290 per sqft for 1,634 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 143,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 140,500; the unit has been rented since July 2022.

How big is unit 908?

1,634 sqft (151.8 sqm): a two-bedroom apartment on the 9th floor of a 27-storey tower completed in 2020.

What is unit 908 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 908, Park Gate Residences 1

Starts from the last sale price (AED 2.11M, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,107,777
Deposit, UAE resident (20%)
AED 421,555
Deposit, non-resident (40%)
AED 843,111
Monthly over 25 years at 3.7%
AED 8,624

Plus AED 93,537 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →