608, Park Gate Residences 2
Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, Park Gate Residences 2
What is 608 worth today?
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Source: Dubai Land Department. Updated 27 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,632 sqft
- Floor
- 6th of 20
- Parking
- B2-020
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.8M · October 2024
- Building
- Park Gate Residences 2
About 608, Park Gate Residences 2
608 is a two-bedroom apartment of 1,632 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 22 October 2024 for AED 2,800,000, or AED 1,715 per sqft, in line with the AED 1,700 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 27 December 2024. The current contract, signed on 27 December 2024, is AED 145,000 a year: a gross yield of 5.2% on the 2024 price.
Sales and rents for 608 over time
608 has sold 3 times; 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 608 sits
All 122 2-beds →608 last sold in October 2024 at AED 1,715 per sqft, in line with what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,700). 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. 608's AED 145,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,571 sqft | AED 2.77MAED 2,771,777 · Apr 2022April 2022 | 185,000 /yr | |
| 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 | |
| 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 |
608, Park Gate Residences 2 in numbers
- Sold 3 times: first on 21 February 2024 for AED 2,098,777, last on 22 October 2024 for AED 2,800,000 (AED 1,715 per sqft).
- Rented since December 2024 on one Ejari contract, at AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2024 price is 5.2%.
- 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 27 December 2024.
Questions about 608, Park Gate Residences 2
What did unit 608 last sell for?
AED 2,800,000 on 22 October 2024: AED 1,715 per sqft for 1,632 sqft. The unit has 3 registered sales; the first was AED 2,098,777 in February 2024.
What is the rent for unit 608?
AED 145,000 a year on the contract signed on 27 December 2024.
How big is unit 608?
1,632 sqft (151.6 sqm): a two-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.
What is unit 608 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 608, Park Gate Residences 2
Starts from the last sale price (AED 2.8M, 22 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →