2-bed · 1,571 sqftPark Gate Residences 2, Al Kifaf · 10th floor · completed 2020

1003, Park Gate Residences 2

Sold prices and rental history: sold 3 times, last in January 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 3.3M10 January 2026
Current rentAED 145K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Park Gate Residences 2

What is 1003 worth today?

Last sold for AED 3,300,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jan 2026SoldReady
AED 3,300,000AED 2,100 per sqft
12 Dec 2024RentedNew contract
AED 145,000/yr12 months · AED 92 per sqft
11 Jun 2024SoldReady
AED 3,000,000AED 1,909 per sqft
12 Dec 2022RentedNew contract
AED 140,000/yr12 months · AED 89 per sqft
14 Oct 2022RentedNew contract
AED 140,000/yr12 months · AED 89 per sqft
11 May 2022Sold by developerReady
AED 2,848,777AED 1,813 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
10th of 20
Parking
B1-190
Developer
Wasl
Completed
2020
Last sold
AED 3.3M · January 2026

About 1003, Park Gate Residences 2

1003 is a two-bedroom apartment of 1,571 sqft on the 10th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 10 January 2026 for AED 3,300,000, or AED 2,100 per sqft, 18% above the AED 1,777 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 12 December 2024, is AED 145,000 a year: a gross yield of 4.4% on the 2026 price.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Park Gate Residences 2
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,953,777; 2020 AED 2,007,777; 2021 AED 2,114,777; 2022 AED 2,235,277; 2023 AED 2,750,000; 2024 AED 2,714,000; 2025 AED 2,900,091; 2026 AED 3,115,000Sold by developer, May 2022: AED 2,848,777 (AED 1,813 per sqft)Sold, June 2024: AED 3,000,000 (AED 1,909 per sqft)Sold, January 2026: AED 3,300,000 (AED 2,100 per sqft)

1003 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Park Gate Residences 2
100K150K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 120,000; 2023 AED 127,000; 2024 AED 145,000; 2025 AED 157,000; 2026 AED 155,000New contract, October 2022: AED 140,000 a yearNew contract, December 2022: AED 140,000 a yearNew contract, December 2024: AED 145,000 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 2, and where 1003 sits

All 122 2-beds →

1003 last sold in January 2026 at AED 2,100 per sqft, 18% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,777). Over the last 12 months two-beds sold for AED 2,850,000 to 3,300,000, around AED 1,915 per sqft, and rent for AED 142,000 to 185,000 a year. 1003's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20262,850,000
9 Feb 20263,115,000
30 Jul 20252,390,777
17 Jun 20253,050,000
4 2-bed sales in the last 12 months

Park Gate Residences 2

Building

163 apartments, 1-bed to 4-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 5 sold in the last 12 months.

Typical price per sqft
AED 1,904
Typical sale
AED 2.95M
Typical rent
AED 155K /yr
Typical yield
5.5%
Park Gate Residences 2, Al Kifaf: prices, sales and rents →

Other units on the 10th floor

All 163 units in Park Gate Residences 2
Value
10012-bedAED 2.88M · Mar 2022
10021-bedAED 1.86M · Mar 2022
10042-bedAED 2.29M · Jun 2023
10052-bedAED 2.95M · May 2025
10062-bedAED 2.75M · Mar 2024
10071-bedAED 1.8M · Dec 2025
10082-bedAED 2.18M · Mar 2022
1–7 of 9

1003, Park Gate Residences 2 in numbers

  • Sold 3 times: first on 11 May 2022 for AED 2,848,777, last on 10 January 2026 for AED 3,300,000 (AED 2,100 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 140,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2026 price is 4.4%.
  • Two-beds in Park Gate Residences 2 sold for AED 2,850,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,904 per sqft.

Source: Dubai Land Department. Updated 10 January 2026.

Questions about 1003, Park Gate Residences 2

What did unit 1003 last sell for?

AED 3,300,000 on 10 January 2026: AED 2,100 per sqft for 1,571 sqft. The unit has 3 registered sales; the first was AED 2,848,777 in May 2022.

What is the rent for unit 1003?

AED 145,000 a year on the contract signed on 12 December 2024. The previous contract, from December 2022, was AED 140,000; the unit has been rented since October 2022.

How big is unit 1003?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.

What is unit 1003 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 2 sold for AED 2,850,000 to 3,300,000 in the last 12 months, around AED 1,915 per sqft.

Selling 1003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1003, Park Gate Residences 2

Starts from the last sale price (AED 3.3M, 10 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →