2-bed · 1,554 sqftPark Gate Residences 2, Al Kifaf · 6th floor · completed 2020

606, Park Gate Residences 2

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 18 April 2024
Last soldAED 2.68M18 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Park Gate Residences 2

What is 606 worth today?

Last sold for AED 2,678,000 in 2024

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18 Apr 2024SoldReady
AED 2,678,000AED 1,723 per sqft
29 Apr 2022Sold by developerReady
AED 2,076,777AED 1,336 per sqft

Source: Dubai Land Department. Updated 18 April 2024.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
6th of 20
Parking
B2-024
Developer
Wasl
Completed
2020
Last sold
AED 2.68M · April 2024

About 606, Park Gate Residences 2

606 is a two-bedroom apartment of 1,554 sqft on the 6th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 18 April 2024 for AED 2,678,000, or AED 1,723 per sqft, 8% above the AED 1,589 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 606 over time

Sales
Unit 606, 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, April 2022: AED 2,076,777 (AED 1,336 per sqft)Sold, April 2024: AED 2,678,000 (AED 1,723 per sqft)

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

Rents
Unit 606, 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 155,000

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 606 sits

All 122 2-beds →

606 last sold in April 2024 at AED 1,723 per sqft, 8% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,589). 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.

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
6042-bedAED 2.07M · Mar 2022
6052-bedAED 3.28M · Apr 2025
6071-bedAED 1.9M · Nov 2024
6082-bedAED 2.8M · Oct 2024
1–7 of 9

606, Park Gate Residences 2 in numbers

  • Sold twice: first on 29 April 2022 for AED 2,076,777, last on 18 April 2024 for AED 2,678,000 (AED 1,723 per sqft).
  • 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 18 April 2024.

Questions about 606, Park Gate Residences 2

What did unit 606 last sell for?

AED 2,678,000 on 18 April 2024: AED 1,723 per sqft for 1,554 sqft. The unit has 2 registered sales; the first was AED 2,076,777 in April 2022.

How big is unit 606?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.

What is unit 606 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 606, Park Gate Residences 2

Starts from the last sale price (AED 2.68M, 18 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,678,000
Deposit, UAE resident (20%)
AED 535,600
Deposit, non-resident (40%)
AED 1,071,200
Monthly over 25 years at 3.7%
AED 10,957

Plus AED 117,486 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →