2-bed · 1,548 sqftPark Gate Residences 2, Al Kifaf · 6th floor · completed 2020

604, Park Gate Residences 2

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 23 August 2025
Last soldAED 2.07M22 March 2022
Current rentAED 130K /yr23 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Park Gate Residences 2

What is 604 worth today?

Last sold for AED 2,069,777 in 2022

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23 Aug 2025RentedRenewal
AED 130,200/yr12 months · AED 85 per sqft
23 Aug 2024RentedRenewal
AED 124,000/yr12 months · AED 81 per sqft
23 Aug 2023RentedRenewal
AED 117,000/yr12 months · AED 76 per sqft
23 Aug 2022RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
22 Mar 2022Sold by developerReady
AED 2,069,777AED 1,336 per sqft

Source: Dubai Land Department. Updated 23 August 2025.

Key facts

Type
2-bed apartment
Size
1,548 sqft
Floor
6th of 20
Parking
B2-206
Developer
Wasl
Completed
2020
Last sold
AED 2.07M · March 2022

About 604, Park Gate Residences 2

604 is a two-bedroom apartment of 1,548 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 March 2022 for AED 2,069,777, or AED 1,336 per sqft, in line with the AED 1,366 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 23 August 2025, is AED 130,200 a year: a gross yield of 6.3% on the 2022 price.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical two-bed in Park Gate Residences 2
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,953,777; 2020 AED 2,007,777; 2021 AED 2,114,777; 2022 AED 2,235,277; 2023 AED 2,750,000; 2024 AED 2,714,000; 2025 AED 2,900,091; 2026 AED 3,115,000Sold by developer, March 2022: AED 2,069,777 (AED 1,336 per sqft)

604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 604, each contractTypical two-bed in Park Gate Residences 2
100K150K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 120,000; 2023 AED 127,000; 2024 AED 145,000; 2025 AED 157,000; 2026 AED 155,000New contract, August 2022: AED 110,000 a yearRenewal, August 2023: AED 117,000 a yearRenewal, August 2024: AED 124,000 a yearRenewal, August 2025: AED 130,200 a year

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 604 sits

All 122 2-beds →

604 last sold in March 2022 at AED 1,336 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,366). 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. 604's AED 130,200 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20262,850,000
9 Feb 20263,115,000
10 Jan 20263,300,000
30 Jul 20252,390,777
4 2-bed sales in the last 12 months

Park Gate Residences 2

Building

163 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%
Park Gate Residences 2, Al Kifaf: prices, sales and rents →

Other units on the 6th floor

All 163 units in Park Gate Residences 2
Value
6012-bedAED 2.77M · Apr 2022
6021-bedAED 1.79M · Apr 2022
6032-bedAED 2.73M · Apr 2022
6052-bedAED 3.28M · Apr 2025
6062-bedAED 2.68M · Apr 2024
6071-bedAED 1.9M · Nov 2024
6082-bedAED 2.8M · Oct 2024
1–7 of 9

604, Park Gate Residences 2 in numbers

  • Sold once: by Wasl on 22 March 2022 for AED 2,069,777, or AED 1,336 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 110,000 to AED 130,200 a year.
  • At AED 130,200 a year the gross yield on the 2022 price is 6.3%.
  • 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 23 August 2025.

Questions about 604, Park Gate Residences 2

What did unit 604 last sell for?

AED 2,069,777 on 22 March 2022, sold by the developer: AED 1,336 per sqft for 1,548 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 130,200 a year on the contract renewed on 23 August 2025. The previous contract, from August 2024, was AED 124,000; the unit has been rented since August 2022.

How big is unit 604?

1,548 sqft (143.8 sqm): a two-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.

What is unit 604 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 604, Park Gate Residences 2

Starts from the last sale price (AED 2.07M, 22 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,069,777
Deposit, UAE resident (20%)
AED 413,955
Deposit, non-resident (40%)
AED 827,911
Monthly over 25 years at 3.7%
AED 8,468

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →