601, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Park Gate Residences 2
What is 601 worth today?
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Source: Dubai Land Department. Updated 25 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 6th of 20
- Parking
- B2-232
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.77M · April 2022
- Building
- Park Gate Residences 2
About 601, Park Gate Residences 2
601 is a two-bedroom apartment of 1,571 sqft on the 6th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 29 April 2022 for AED 2,771,777, or AED 1,764 per sqft, 26% above the AED 1,396 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 September 2025. The current contract, signed on 25 September 2025, is AED 185,000 a year: a gross yield of 6.7% on the 2022 price.
Sales and rents for 601 over time
601 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 601 sits
All 122 2-beds →601 last sold in April 2022 at AED 1,764 per sqft, 26% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,396). 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. 601's AED 185,000 is at the top of that range.
| 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 6th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 994 sqft | AED 1.79MAED 1,794,777 · Apr 2022April 2022 | ||
| 603 | 2-bed | 1,478 sqft | AED 2.73MAED 2,727,777 · Apr 2022April 2022 | ||
| 604 | 2-bed | 1,548 sqft | AED 2.07MAED 2,069,777 · Mar 2022March 2022 | 130,200 /yr | |
| 605 | 2-bed | 1,617 sqft | AED 3.28MAED 3,280,000 · Apr 2025April 2025 | 140,000 /yr | |
| 606 | 2-bed | 1,554 sqft | AED 2.68MAED 2,678,000 · Apr 2024April 2024 | ||
| 607 | 1-bed | 987 sqft | AED 1.9MAED 1,900,000 · Nov 2024November 2024 | 120,000 /yr | |
| 608 | 2-bed | 1,632 sqft | AED 2.8MAED 2,800,000 · Oct 2024October 2024 | 145,000 /yr | |
| 609 | 2-bed | 1,616 sqft | AED 2.14MAED 2,140,777 · Apr 2022April 2022 | ||
| 610 | 2-bed | 1,549 sqft | AED 2.09MAED 2,091,777 · May 2022May 2022 |
601, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 29 April 2022 for AED 2,771,777, or AED 1,764 per sqft.
- Rented since September 2025 on one Ejari contract, at AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2022 price is 6.7%.
- 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 September 2025.
Questions about 601, Park Gate Residences 2
What did unit 601 last sell for?
AED 2,771,777 on 29 April 2022, sold by the developer: AED 1,764 per sqft for 1,571 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 185,000 a year on the contract signed on 25 September 2025.
How big is unit 601?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.
What is unit 601 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 601, Park Gate Residences 2
Starts from the last sale price (AED 2.77M, 29 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,771,777
- Deposit, UAE resident (20%)
- AED 554,355
- Deposit, non-resident (40%)
- AED 1,108,711
- Monthly over 25 years at 3.7%
- AED 11,340
Plus AED 121,425 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →