2-bed · 1,548 sqftPark Gate Residences 2, Al Kifaf · 13th floor · completed 2020

1304, Park Gate Residences 2

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 27 February 2025
Last soldAED 2.1M22 September 2021
Current rentAED 145K /yr27 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Park Gate Residences 2

What is 1304 worth today?

Last sold for AED 2,097,777 in 2021

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27 Feb 2025RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
27 Feb 2025RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
18 Feb 2022RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
22 Sep 2021Sold by developerReady
AED 2,097,777AED 1,354 per sqft

Source: Dubai Land Department. Updated 27 February 2025.

Key facts

Type
2-bed apartment
Size
1,548 sqft
Floor
13th of 20
Parking
AB1-023
Developer
Wasl
Completed
2020
Last sold
AED 2.1M · September 2021

About 1304, Park Gate Residences 2

1304 is a two-bedroom apartment of 1,548 sqft on the 13th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 22 September 2021 for AED 2,097,777, or AED 1,354 per sqft, in line with the AED 1,352 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 27 February 2025, is AED 145,000 a year: a gross yield of 6.9% on the 2021 price.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, September 2021: AED 2,097,777 (AED 1,354 per sqft)

1304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, 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, February 2022: AED 105,000 a yearRenewal, February 2025: AED 145,000 a yearRenewal, February 2025: 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 1304 sits

All 122 2-beds →

1304 last sold in September 2021 at AED 1,354 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,352). 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. 1304'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
10 Jan 20263,300,000
30 Jul 20252,390,777
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 13th floor

All 163 units in Park Gate Residences 2
Value
13012-bedAED 2.84M · Apr 2022
13021-bedAED 1.8M · Jan 2022
13032-bedAED 3.15M · Oct 2023
13052-bedAED 1.98M · Aug 2020
13062-bedAED 2.15M · Jul 2022
13071-bedAED 2M · Dec 2023
13082-bedAED 2.18M · Sep 2023
1–7 of 9

1304, Park Gate Residences 2 in numbers

  • Sold once: by Wasl on 22 September 2021 for AED 2,097,777, or AED 1,354 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, from AED 105,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2021 price is 6.9%.
  • 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 27 February 2025.

Questions about 1304, Park Gate Residences 2

What did unit 1304 last sell for?

AED 2,097,777 on 22 September 2021, sold by the developer: AED 1,354 per sqft for 1,548 sqft. It is the only registered sale of the unit.

What is the rent for unit 1304?

AED 145,000 a year on the contract renewed on 27 February 2025. The previous contract, from February 2025, was AED 145,000; the unit has been rented since February 2022.

How big is unit 1304?

1,548 sqft (143.8 sqm): a two-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.

What is unit 1304 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 1304, Park Gate Residences 2

Starts from the last sale price (AED 2.1M, 22 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,097,777
Deposit, UAE resident (20%)
AED 419,555
Deposit, non-resident (40%)
AED 839,111
Monthly over 25 years at 3.7%
AED 8,583

Plus AED 93,117 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →