1409, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in October 2019, 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 1409, Park Gate Residences 2
What is 1409 worth today?
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Source: Dubai Land Department. Updated 16 October 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 14th of 20
- Parking
- AB1-008
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.99M · October 2019
- Building
- Park Gate Residences 2
About 1409, Park Gate Residences 2
1409 is a two-bedroom apartment of 1,616 sqft on the 14th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 16 October 2019 for AED 1,992,777, or AED 1,233 per sqft, in line with the AED 1,217 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1409 over time
1409 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 1409 sits
All 122 2-beds →1409 last sold in October 2019 at AED 1,233 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,217). 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 14th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,571 sqft | AED 2.6MAED 2,596,777 · Aug 2020August 2020 | ||
| 1402 | 1-bed | 994 sqft | AED 1.86MAED 1,860,777 · Apr 2022April 2022 | ||
| 1403 | 2-bed | 1,571 sqft | AED 3.15MAED 3,145,777 · Jan 2024January 2024 | ||
| 1404 | 2-bed | 1,548 sqft | AED 2.11MAED 2,108,777 · Oct 2021October 2021 | 170,000 /yr | |
| 1405 | 2-bed | 1,617 sqft | AED 3.12MAED 3,115,000 · Feb 2026February 2026 | 168,000 /yr | |
| 1406 | 2-bed | 1,631 sqft | AED 2.65MAED 2,650,000 · Nov 2024November 2024 | 120,000 /yr | |
| 1407 | 1-bed | 987 sqft | AED 1.79MAED 1,791,777 · Oct 2023October 2023 | ||
| 1408 | 2-bed | 1,632 sqft | AED 2.25MAED 2,247,507 · Aug 2022August 2022 | 127,000 /yr | |
| 1410 | 2-bed | 1,549 sqft | AED 2MAED 2,004,777 · Feb 2020February 2020 | 140,000 /yr |
1409, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 16 October 2019 for AED 1,992,777, or AED 1,233 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 16 October 2019.
Questions about 1409, Park Gate Residences 2
What did unit 1409 last sell for?
AED 1,992,777 on 16 October 2019, sold by the developer: AED 1,233 per sqft for 1,616 sqft. It is the only registered sale of the unit.
How big is unit 1409?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.
What is unit 1409 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 1409, Park Gate Residences 2
Starts from the last sale price (AED 1.99M, 16 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,992,777
- Deposit, UAE resident (20%)
- AED 398,555
- Deposit, non-resident (40%)
- AED 797,111
- Monthly over 25 years at 3.7%
- AED 8,153
Plus AED 88,707 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →