1,616 sqftPark Gate Residences 2, Al Kifaf · 10th floor · completed 2020

1009, Park Gate Residences 2

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 2.95M15 September 2025
Current rentAED 175K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Park Gate Residences 2

What is 1009 worth today?

Last sold for AED 2,950,000 in 2025

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1 Oct 2025RentedNew contract
AED 175,000/yr12 months · AED 108 per sqft
15 Sep 2025SoldReady
AED 2,950,000AED 1,825 per sqft
31 Jul 2024RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
31 Jul 2024RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
1 Aug 2023RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
22 Mar 2022Sold by developerReady
AED 2,226,777AED 1,377 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
Apartment
Size
1,616 sqft
Floor
10th of 20
Parking
B1-171
Developer
Wasl
Completed
2020
Last sold
AED 2.95M · September 2025

About 1009, Park Gate Residences 2

1009 is an apartment of 1,616 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 15 September 2025 for AED 2,950,000, or AED 1,825 per sqft.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 October 2025, is AED 175,000 a year: a gross yield of 5.9% on the 2025 price.

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
10032-bedAED 3.3M · Jan 2026
10042-bedAED 2.29M · Jun 2023
10052-bedAED 2.95M · May 2025
10062-bedAED 2.75M · Mar 2024
10071-bedAED 1.8M · Dec 2025
1–7 of 9

1009, Park Gate Residences 2 in numbers

  • Sold twice: first on 22 March 2022 for AED 2,226,777, last on 15 September 2025 for AED 2,950,000 (AED 1,825 per sqft).
  • Rented since August 2023 on 4 Ejari contracts, from AED 180,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2025 price is 5.9%.

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 1009, Park Gate Residences 2

What did unit 1009 last sell for?

AED 2,950,000 on 15 September 2025: AED 1,825 per sqft for 1,616 sqft. The unit has 2 registered sales; the first was AED 2,226,777 in March 2022.

What is the rent for unit 1009?

AED 175,000 a year on the contract signed on 1 October 2025. The previous contract, from July 2024, was AED 180,000; the unit has been rented since August 2023.

How big is unit 1009?

1,616 sqft (150.1 sqm): an apartment on the 10th floor of a 20-storey tower completed in 2020.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1009, Park Gate Residences 2

Starts from the last sale price (AED 2.95M, 15 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →