1907, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1907, Park Gate Residences 2
What is 1907 worth today?
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Source: Dubai Land Department. Updated 14 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 19th of 20
- Parking
- AB3-044
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.61M · June 2022
- Building
- Park Gate Residences 2
About 1907, Park Gate Residences 2
1907 is a one-bedroom apartment of 987 sqft on the 19th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 7 June 2022 for AED 1,607,777, or AED 1,628 per sqft, 4% below the AED 1,688 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 14 February 2024, is AED 128,000 a year: a gross yield of 8.0% on the 2022 price.
Sales and rents for 1907 over time
1907 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 2, and where 1907 sits
All 33 1-beds →1907 last sold in June 2022 at AED 1,628 per sqft, 4% below what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,688). Over the last 12 months one-beds sold for AED 1,800,000, around AED 1,823 per sqft, and rent for AED 110,900 to 136,000 a year. 1907's AED 128,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 987 sqft | 1,800,000 | 1,823 | ||
| 17 Jun 202517 June 2025 | 920 sqft | 1,256,777 | 1,366 | ||
| 7 May 20257 May 2025 | 994 sqft | 1,800,000 | 1,810 | ||
| 7 Nov 20247 November 2024 | 987 sqft | 1,900,000 | 1,924 |
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 19th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,571 sqft | AED 2.79MAED 2,791,777 · Jul 2022July 2022 | 180,000 /yr | |
| 1902 | 1-bed | 994 sqft | AED 1.81MAED 1,806,777 · Jun 2022June 2022 | 136,000 /yr | |
| 1903 | 2-bed | 1,571 sqft | AED 3MAED 3,000,000 · Sep 2023September 2023 | 140,000 /yr | |
| 1904 | 2-bed | 1,548 sqft | AED 2.24MAED 2,244,777 · Mar 2022March 2022 | 114,250 /yr | |
| 1905 | 2-bed | 1,617 sqft | AED 2.26MAED 2,255,777 · Jul 2022July 2022 | 150,000 /yr | |
| 1906 | 2-bed | 1,631 sqft | AED 2.16MAED 2,161,777 · Jun 2022June 2022 | 158,000 /yr | |
| 1908 | 2-bed | 1,632 sqft | AED 2.75MAED 2,750,000 · Jul 2023July 2023 | 140,000 /yr | |
| 1909 | 2-bed | 1,616 sqft | AED 2.28MAED 2,277,777 · Apr 2022April 2022 | ||
| 1910 | 2-bed | 1,549 sqft | AED 2.23MAED 2,225,777 · Nov 2022November 2022 | 157,500 /yr |
1907, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 7 June 2022 for AED 1,607,777, or AED 1,628 per sqft.
- Rented since November 2022 on 2 Ejari contracts, from AED 125,000 to AED 128,000 a year.
- At AED 128,000 a year the gross yield on the 2022 price is 8.0%.
- One-beds in Park Gate Residences 2 sold for AED 1,800,000–1,800,000 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 14 February 2024.
Questions about 1907, Park Gate Residences 2
What did unit 1907 last sell for?
AED 1,607,777 on 7 June 2022, sold by the developer: AED 1,628 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 1907?
AED 128,000 a year on the contract signed on 14 February 2024. The previous contract, from November 2022, was AED 125,000.
How big is unit 1907?
987 sqft (91.7 sqm): a one-bedroom apartment on the 19th floor of a 20-storey tower completed in 2020.
What is unit 1907 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 2 sold for AED 1,800,000 to 1,800,000 in the last 12 months, around AED 1,823 per sqft.
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Mortgage on 1907, Park Gate Residences 2
Starts from the last sale price (AED 1.61M, 7 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,607,777
- Deposit, UAE resident (20%)
- AED 321,555
- Deposit, non-resident (40%)
- AED 643,111
- Monthly over 25 years at 3.7%
- AED 6,578
Plus AED 72,537 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →