708, 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.
Property timeline for 708, Park Gate Residences 2
What is 708 worth today?
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Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,630 sqft
- Floor
- 7th of 20
- Parking
- B2-019
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.25M · April 2024
- Building
- Park Gate Residences 2
About 708, Park Gate Residences 2
708 is a two-bedroom apartment of 1,630 sqft on the 7th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 2 April 2024 for AED 2,245,000, or AED 1,376 per sqft, 8% below the AED 1,492 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 708 over time
708 has sold twice; 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 708 sits
All 122 2-beds →708 last sold in April 2024 at AED 1,376 per sqft, 8% below what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,492). 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 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 7th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,569 sqft | AED 2.7MAED 2,702,777 · Jan 2022January 2022 | 170,000 /yr | |
| 702 | 1-bed | 994 sqft | AED 1.8MAED 1,800,000 · May 2025May 2025 | 110,000 /yr | |
| 703 | 2-bed | 1,573 sqft | AED 2.78MAED 2,783,777 · May 2022May 2022 | 131,250 /yr | |
| 704 | 2-bed | 1,550 sqft | AED 2.04MAED 2,038,777 · Sep 2021September 2021 | ||
| 705 | 2-bed | 615 sqft | AED 1.93MAED 1,926,777 · Sep 2019September 2019 | ||
| 706 | 2-bed | 1,633 sqft | AED 2.9MAED 2,900,581 · Apr 2025April 2025 | ||
| 707 | 1-bed | 987 sqft | AED 1.39MAED 1,388,777 · Sep 2019September 2019 | ||
| 709 | 2-bed | 1,614 sqft | AED 1.93MAED 1,925,777 · Sep 2019September 2019 | 85,000 /yr | |
| 710 | 2-bed | 1,548 sqft | AED 1.83MAED 1,826,777 · Oct 2019October 2019 | 106,260 /yr |
708, Park Gate Residences 2 in numbers
- Sold twice: first on 6 June 2022 for AED 2,129,777, last on 2 April 2024 for AED 2,245,000 (AED 1,376 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 2 April 2024.
Questions about 708, Park Gate Residences 2
What did unit 708 last sell for?
AED 2,245,000 on 2 April 2024: AED 1,376 per sqft for 1,630 sqft. The unit has 2 registered sales; the first was AED 2,129,777 in June 2022.
How big is unit 708?
1,630 sqft (151.4 sqm): a two-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.
What is unit 708 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 708, Park Gate Residences 2
Starts from the last sale price (AED 2.25M, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,245,000
- Deposit, UAE resident (20%)
- AED 449,000
- Deposit, non-resident (40%)
- AED 898,000
- Monthly over 25 years at 3.7%
- AED 9,185
Plus AED 99,300 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →