602, 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 602, Park Gate Residences 2
What is 602 worth today?
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Source: Dubai Land Department. Updated 22 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 6th of 20
- Parking
- B2-230
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.79M · April 2022
- Building
- Park Gate Residences 2
About 602, Park Gate Residences 2
602 is a one-bedroom apartment of 994 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 22 April 2022 for AED 1,794,777, or AED 1,805 per sqft, in line with the AED 1,808 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 602 over time
602 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 602 sits
All 33 1-beds →602 last sold in April 2022 at AED 1,805 per sqft, in line with what one-beds in Park Gate Residences 2 were fetching at the time (AED 1,808). 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.
| 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 6th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,571 sqft | AED 2.77MAED 2,771,777 · Apr 2022April 2022 | 185,000 /yr | |
| 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 |
602, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 22 April 2022 for AED 1,794,777, or AED 1,805 per sqft.
- 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 22 April 2022.
Questions about 602, Park Gate Residences 2
What did unit 602 last sell for?
AED 1,794,777 on 22 April 2022, sold by the developer: AED 1,805 per sqft for 994 sqft. It is the only registered sale of the unit.
How big is unit 602?
994 sqft (92.3 sqm): a one-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.
What is unit 602 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 602, Park Gate Residences 2
Starts from the last sale price (AED 1.79M, 22 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,794,777
- Deposit, UAE resident (20%)
- AED 358,955
- Deposit, non-resident (40%)
- AED 717,911
- Monthly over 25 years at 3.7%
- AED 7,343
Plus AED 80,391 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →