2007, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2007, Park Gate Residences 2
What is 2007 worth today?
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Source: Dubai Land Department. Updated 14 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 20th of 20
- Parking
- AB4-021
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.78M · July 2022
- Building
- Park Gate Residences 2
About 2007, Park Gate Residences 2
2007 is a one-bedroom apartment of 987 sqft on the 20th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 29 July 2022 for AED 1,778,777, or AED 1,801 per sqft, in line with the AED 1,767 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 14 February 2025, is AED 105,000 a year: a gross yield of 5.9% on the 2022 price.
Sales and rents for 2007 over time
2007 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 2007 sits
All 33 1-beds →2007 last sold in July 2022 at AED 1,801 per sqft, in line with what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,767). 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. 2007's AED 105,000 is at the bottom 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 20th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,571 sqft | AED 3.14MAED 3,140,777 · May 2022May 2022 | ||
| 2002 | 1-bed | 994 sqft | AED 2.03MAED 2,033,777 · Jul 2022July 2022 | 110,000 /yr | |
| 2003 | 2-bed | 1,571 sqft | AED 3.11MAED 3,114,777 · Aug 2022August 2022 | 154,000 /yr | |
| 2004 | 2-bed | 1,548 sqft | AED 2.41MAED 2,405,777 · Mar 2022March 2022 | ||
| 2005 | 2-bed | 1,617 sqft | AED 2.42MAED 2,419,777 · May 2022May 2022 | ||
| 2006 | 2-bed | 1,599 sqft | AED 2.39MAED 2,390,777 · Jun 2022June 2022 | ||
| 2008 | 2-bed | 1,632 sqft | AED 2.39MAED 2,390,777 · Jul 2025July 2025 | ||
| 2009 | 2-bed | 1,616 sqft | AED 2.44MAED 2,441,777 · May 2022May 2022 | 140,000 /yr | |
| 2010 | 2-bed | 1,549 sqft | AED 2.38MAED 2,384,777 · Apr 2022April 2022 | 150,000 /yr |
2007, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 29 July 2022 for AED 1,778,777, or AED 1,801 per sqft.
- Rented since February 2023 on 3 Ejari contracts, from AED 95,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 5.9%.
- 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 2025.
Questions about 2007, Park Gate Residences 2
What did unit 2007 last sell for?
AED 1,778,777 on 29 July 2022, sold by the developer: AED 1,801 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 2007?
AED 105,000 a year on the contract renewed on 14 February 2025. The previous contract, from February 2024, was AED 95,000; the unit has been rented since February 2023.
How big is unit 2007?
987 sqft (91.7 sqm): a one-bedroom apartment on the 20th floor of a 20-storey tower completed in 2020.
What is unit 2007 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 2007, Park Gate Residences 2
Starts from the last sale price (AED 1.78M, 29 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,778,777
- Deposit, UAE resident (20%)
- AED 355,755
- Deposit, non-resident (40%)
- AED 711,511
- Monthly over 25 years at 3.7%
- AED 7,278
Plus AED 79,719 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →