1609, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in April 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 1609, Park Gate Residences 2
What is 1609 worth today?
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Source: Dubai Land Department. Updated 25 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 16th of 20
- Parking
- AB2-023
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.19M · April 2022
- Building
- Park Gate Residences 2
About 1609, Park Gate Residences 2
1609 is a two-bedroom apartment of 1,616 sqft on the 16th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 25 April 2022 for AED 2,193,777, or AED 1,357 per sqft, in line with the AED 1,395 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1609 over time
1609 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 1609 sits
All 122 2-beds →1609 last sold in April 2022 at AED 1,357 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,395). 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 16th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,571 sqft | AED 2.76MAED 2,756,777 · Apr 2022April 2022 | 220,000 /yr | |
| 1602 | 1-bed | 994 sqft | AED 1.8MAED 1,798,777 · Apr 2022April 2022 | ||
| 1603 | 2-bed | 1,478 sqft | AED 2.76MAED 2,757,777 · Apr 2022April 2022 | ||
| 1604 | 2-bed | 1,548 sqft | AED 2.11MAED 2,111,777 · Apr 2022April 2022 | ||
| 1605 | 2-bed | 1,617 sqft | AED 2.17MAED 2,172,777 · Apr 2022April 2022 | ||
| 1606 | 2-bed | 1,554 sqft | AED 2.13MAED 2,133,777 · Apr 2022April 2022 | 165,000 /yr | |
| 1607 | 1-bed | 987 sqft | AED 1.59MAED 1,586,777 · Apr 2022April 2022 | ||
| 1608 | 2-bed | 1,632 sqft | AED 2.13MAED 2,134,777 · Apr 2022April 2022 | ||
| 1610 | 2-bed | 1,549 sqft | AED 2.13MAED 2,131,777 · Apr 2022April 2022 |
1609, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 25 April 2022 for AED 2,193,777, or AED 1,357 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 25 April 2022.
Questions about 1609, Park Gate Residences 2
What did unit 1609 last sell for?
AED 2,193,777 on 25 April 2022, sold by the developer: AED 1,357 per sqft for 1,616 sqft. It is the only registered sale of the unit.
How big is unit 1609?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 16th floor of a 20-storey tower completed in 2020.
What is unit 1609 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 1609, Park Gate Residences 2
Starts from the last sale price (AED 2.19M, 25 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,193,777
- Deposit, UAE resident (20%)
- AED 438,755
- Deposit, non-resident (40%)
- AED 877,511
- Monthly over 25 years at 3.7%
- AED 8,975
Plus AED 97,149 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →