BuildingAl Kifaf · Wasl · 2020

Park Gate Residences 2

One-beds to four-beds in Al Kifaf. 5 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 27 February 2026
Typical price per sqftAED 1,9045 sales
Typical saleAED 2.95M5 sales
Typical rentAED 155K /yrAED 105 per sqft
Typical yield5.5%gross, before service charges

About Park Gate Residences 2

Park Gate Residences 2 is part of a four‑tower residential complex in Al Kifaf, Bur Dubai, positioned along Sheikh Khalifa Bin Zayed Road and facing Zabeel Park. Completed in 2021 as part of the wider Wasl1 master development, the tower offers a central city address with green park views and quick access to nearby landmarks such as Dubai Frame. Homes in the complex are predominantly 1, 2 and 3‑bed apartments, with a collection of 3 to 5‑bed podium townhouses. Residences are set in contemporary high‑rise architecture with large windows and practical layouts; typical features include balconies, built‑in wardrobes and separate laundry/storage spaces in many units. The overall build and finish are modern, with shared services and lobby areas designed for high‑density urban living. Lifestyle amenities in Park Gate Residences include a residents’ gym, swimming pool, children’s pool and play areas, landscaped podium gardens and 24/7 security with concierge. Daily conveniences are available at ground and podium levels, where a supermarket, cafe, pharmacy, salons and a nursery operate within the development. Zabeel Park is directly across the road for jogging paths, lawns and seasonal attractions, while Dubai Garden Glow and other family venues are a short distance away. Connectivity is a key advantage. The complex sits a short walk from Max Fashion Metro Station on the Red Line, with multiple bus routes serving the area. By car, Sheikh Zayed Road is reached within minutes, helping commuters access Downtown Dubai, DIFC and Dubai International Airport. Covered parking is provided for residents, and the location’s mix of transit options and nearby retail makes day‑to‑day living straightforward for professionals and families alike.

163 apartments over 20 floors: 33 one-beds of 918 to 994 sqft, 122 two-beds of 615 to 2,057 sqft, 2 three-beds of 2,533 to 3,972 sqft and 2 four-beds of 3,649 to 4,502 sqft.

5 apartments sold in the 12 months to February 2026, at a median of AED 1,904 per sqft. Most of the trading is in two-beds: 4 of the 5 sales, at AED 2,850,000 to 3,300,000. 13 rental contracts were registered over the same 12 months, at a typical AED 155,000 a year.

Developer
Wasl
Completed
2020
Floors
20
Units
163
Unit types
1-bed to 4-bed

Al Kifaf, Dubai

Average prices in Park Gate Residences 2

In Park Gate Residences 2, typical sale prices over the last 12 months were around AED 1,800,000 for one-beds and AED 3,030,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Park Gate Residences 2

1,8001,900May 2026Nov 20262025-11-21: AED 1,904, 2-bed, 1,549 sqft2025-12-17: AED 1,823, 1-bed, 987 sqft2026-01-10: AED 2,100, 2-bed, 1,571 sqft2026-02-09: AED 1,926, 2-bed, 1,617 sqft2026-02-17: AED 1,747, 2-bed, 1,631 sqftTrend: AED 1,931 to AED 1,875

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Park Gate Residences 2

  • Completed2-bed · 1,631 sqft 17 Feb 2026AED 2,850,0001,747 /sqft
  • Completed2-bed · 1,616 sqft 09 Feb 2026AED 3,115,0001,927 /sqft
  • Completed2-bed · 1,571 sqft 10 Jan 2026AED 3,300,0002,100 /sqft
  • Completed1-bed · 987 sqft 17 Dec 2025AED 1,800,0001,823 /sqft
  • Completed1,548 sqft 21 Nov 2025AED 2,950,0001,905 /sqft
  • Completed1,616 sqft 15 Sep 2025AED 2,950,0001,825 /sqft
  • Completed2-bed · 1,631 sqft 30 Jul 2025AED 2,390,7771,465 /sqft
  • Completed1,548 sqft 30 Jun 2025AED 2,900,0001,872 /sqft
  • Completed992 sqft 26 Jun 2025AED 1,940,0001,955 /sqft
  • Completed1-bed · 919 sqft 17 Jun 2025AED 1,256,7771,367 /sqft

Over the last 12 months, Park Gate Residences 2 has recorded 5 apartment sales. Typical homes sold for around AED 2.95M (about AED 1,904 per sqft) with a median size of 1,571 sqft; most were two-beds, from roughly AED 1.8M to AED 3.3M.

1–10 of 209

Units in Park Gate Residences 2

163 units
  • Unit 3011-bed · 920 sqftSold AED 1.26M, Jun 2025
  • Unit 4011-bed · 918 sqftSold AED 1.8M, Nov 2024
  • Unit 5013-bed · 2,533 sqftSold AED 3.36M, Sep 2019
  • Unit 5021-bed · 992 sqftSold AED 1.72M, Jul 2022
  • Unit 5032-bed · 2,043 sqftSold AED 3.05M, Jul 2023
  • Unit 5042-bed · 1,917 sqftSold AED 2.35M, Feb 2022
  • Unit 5052-bed · 1,914 sqftSold AED 2.05M, Sep 2020
  • Unit 5062-bed · 2,033 sqftSold AED 3.21M, Apr 2025
  • Unit 507992 sqftSold AED 1.94M, Jun 2025
  • Unit 5082-bed · 2,057 sqftSold AED 2.7M, Jun 2023
1–10 of 163
Every unit in Park Gate Residences 2, by number

By type: one-beds (33), two-beds (122), three-beds (2), four-beds (2).

Nearby in Al Kifaf

All 10 →
BuildingSale /sqftYield
Park Gate Residences 1AED 1,8355.6%
Park Gate Residences 3AED 2,0054.9%
Park Gate Residences 4AED 1,9274.9%
Park Views Residences BAED 2,076
1 Residences by Wasl Tower 1AED 1,9906.0%
1–5 of 9 · nearest first

Park Gate Residences 2 in numbers

  • Across 5 DLD sales in the 12 months to February 2026, the median price in Park Gate Residences 2 was AED 1,904 per sqft and the typical home sold for about AED 2.95M.
  • Completed in 2020 by Wasl; 20 floors of one-beds to four-beds.
  • Two-beds of 615 to 2,057 sqft sold for AED 2,850,000 to 3,300,000 between November 2025 and February 2026, a median AED 1,915 per sqft.
  • A two-bed of 615 to 2,057 sqft rents for AED 142,000 to 185,000 a year on the 9 contracts registered in the last 12 months.
  • Gross rental yield 5.5%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 27 February 2026.

Questions

How much does a two-bed in Park Gate Residences 2 cost?

4 two-beds sold in the 12 months to February 2026, for AED 2,850,000 to 3,300,000; the median was AED 3,032,500, or AED 1,915 per sqft.

How much is a two-bed for rent in Park Gate Residences 2?

About AED 160,000 a year: that is the median of the 9 contracts for two-beds registered with Ejari in the 12 months to February 2026, from AED 142,000 to 185,000.

What is the rental yield in Park Gate Residences 2?

About 5.5% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Park Gate Residences 2 and when?

Wasl; completed in 2020; 20 floors; 163 apartments.

How many apartments are there in Park Gate Residences 2?

163, one-beds to four-beds. Each has its own page with its full sales and rental history.

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