1008, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in March 2022, 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 1008, Park Gate Residences 2
What is 1008 worth today?
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Source: Dubai Land Department. Updated 22 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,632 sqft
- Floor
- 10th of 20
- Parking
- B1-024
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.18M · March 2022
- Building
- Park Gate Residences 2
About 1008, Park Gate Residences 2
1008 is a two-bedroom apartment of 1,632 sqft on the 10th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 22 March 2022 for AED 2,180,777, or AED 1,336 per sqft, in line with the AED 1,366 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1008 over time
1008 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 2, and where 1008 sits
All 122 2-beds →1008 last sold in March 2022 at AED 1,336 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,366). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,631 sqft | 2,850,000 | 1,747 | ||
| 9 Feb 20269 February 2026 | 1,617 sqft | 3,115,000 | 1,926 | ||
| 10 Jan 202610 January 2026 | 1,571 sqft | 3,300,000 | 2,100 | ||
| 30 Jul 202530 July 2025 | 1,632 sqft | 2,390,777 | 1,465 |
Park Gate Residences 2
Building163 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%
Other units on the 10th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,571 sqft | AED 2.88MAED 2,875,777 · Mar 2022March 2022 | ||
| 1002 | 1-bed | 994 sqft | AED 1.86MAED 1,863,777 · Mar 2022March 2022 | ||
| 1003 | 2-bed | 1,571 sqft | AED 3.3MAED 3,300,000 · Jan 2026January 2026 | 145,000 /yr | |
| 1004 | 2-bed | 1,548 sqft | AED 2.29MAED 2,285,000 · Jun 2023June 2023 | 162,500 /yr | |
| 1005 | 2-bed | 1,617 sqft | AED 2.95MAED 2,950,000 · May 2025May 2025 | 142,500 /yr | |
| 1006 | 2-bed | 1,631 sqft | AED 2.75MAED 2,750,000 · Mar 2024March 2024 | 125,000 /yr | |
| 1007 | 1-bed | 987 sqft | AED 1.8MAED 1,800,000 · Dec 2025December 2025 | 110,000 /yr | |
| 1009 | 1,616 sqft | AED 2.95MAED 2,950,000 · Sep 2025September 2025 | 175,000 /yr | ||
| 1010 | 1,549 sqft | AED 2.95MAED 2,950,000 · Nov 2025November 2025 |
1008, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 22 March 2022 for AED 2,180,777, or AED 1,336 per sqft.
- 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 22 March 2022.
Questions about 1008, Park Gate Residences 2
What did unit 1008 last sell for?
AED 2,180,777 on 22 March 2022, sold by the developer: AED 1,336 per sqft for 1,632 sqft. It is the only registered sale of the unit.
How big is unit 1008?
1,632 sqft (151.6 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.
What is unit 1008 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.
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Mortgage on 1008, Park Gate Residences 2
Starts from the last sale price (AED 2.18M, 22 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,180,777
- Deposit, UAE resident (20%)
- AED 436,155
- Deposit, non-resident (40%)
- AED 872,311
- Monthly over 25 years at 3.7%
- AED 8,922
Plus AED 96,603 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →