2-bed · 1,617 sqftPark Gate Residences 2, Al Kifaf · 14th floor · completed 2020

1405, Park Gate Residences 2

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

Unit 1405 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 3.12M9 February 2026
Current rentAED 168K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Park Gate Residences 2

What is 1405 worth today?

Last sold for AED 3,115,000 in 2026

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9 Feb 2026SoldReady
AED 3,115,000AED 1,926 per sqft
15 Jan 2026RentedNew contract
AED 168,000/yr12 months · AED 104 per sqft
12 Sep 2019Sold by developerOff-plan
AED 1,993,777AED 1,233 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
14th of 20
Parking
AB1-019
Developer
Wasl
Completed
2020
Last sold
AED 3.12M · February 2026

About 1405, Park Gate Residences 2

1405 is a two-bedroom apartment of 1,617 sqft on the 14th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 9 February 2026 for AED 3,115,000, or AED 1,926 per sqft, 7% above the AED 1,801 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2026. The current contract, signed on 15 January 2026, is AED 168,000 a year: a gross yield of 5.4% on the 2026 price.

Sales and rents for 1405 over time

Sales
Unit 1405, 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 2019: AED 1,993,777 (AED 1,233 per sqft)Sold, February 2026: AED 3,115,000 (AED 1,926 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, 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, January 2026: AED 168,000 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 1405 sits

All 122 2-beds →

1405 last sold in February 2026 at AED 1,926 per sqft, 7% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,801). 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. 1405's AED 168,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20262,850,000
10 Jan 20263,300,000
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 14th floor

All 163 units in Park Gate Residences 2
Value
14012-bedAED 2.6M · Aug 2020
14021-bedAED 1.86M · Apr 2022
14032-bedAED 3.15M · Jan 2024
14042-bedAED 2.11M · Oct 2021
14062-bedAED 2.65M · Nov 2024
14071-bedAED 1.79M · Oct 2023
14082-bedAED 2.25M · Aug 2022
1–7 of 9

1405, Park Gate Residences 2 in numbers

  • Sold twice: first on 12 September 2019 for AED 1,993,777, last on 9 February 2026 for AED 3,115,000 (AED 1,926 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2026 price is 5.4%.
  • 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 9 February 2026.

Questions about 1405, Park Gate Residences 2

What did unit 1405 last sell for?

AED 3,115,000 on 9 February 2026: AED 1,926 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,993,777 in September 2019.

What is the rent for unit 1405?

AED 168,000 a year on the contract signed on 15 January 2026.

How big is unit 1405?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.

What is unit 1405 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 1405, Park Gate Residences 2

Starts from the last sale price (AED 3.12M, 9 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,115,000
Deposit, UAE resident (20%)
AED 623,000
Deposit, non-resident (40%)
AED 1,246,000
Monthly over 25 years at 3.7%
AED 12,744

Plus AED 135,840 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →