2-bed · 1,571 sqftPark Gate Residences 2, Al Kifaf · 9th floor · completed 2020

901, Park Gate Residences 2

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.54M15 September 2019
Current rentAED 160K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Park Gate Residences 2

What is 901 worth today?

Last sold for AED 2,540,777 in 2019

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1 Jul 2025RentedNew contract
AED 160,000/yr12 months · AED 102 per sqft
1 May 2024RentedNew contract
AED 165,000/yr12 months · AED 105 per sqft
15 Mar 2023RentedNew contract
AED 160,000/yr24 months · AED 102 per sqft
15 Sep 2019Sold by developerOff-plan
AED 2,540,777AED 1,617 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
9th of 20
Parking
B2-235
Developer
Wasl
Completed
2020
Last sold
AED 2.54M · September 2019

About 901, Park Gate Residences 2

901 is a two-bedroom apartment of 1,571 sqft on the 9th floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 15 September 2019 for AED 2,540,777, or AED 1,617 per sqft, 33% above the AED 1,217 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 July 2025, is AED 160,000 a year: a gross yield of 6.3% on the 2019 price.

Sales and rents for 901 over time

Sales
Unit 901, 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, September 2019: AED 2,540,777 (AED 1,617 per sqft)

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

Rents
Unit 901, 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, March 2023: AED 160,000 a yearNew contract, May 2024: AED 165,000 a yearNew contract, July 2025: AED 160,000 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 901 sits

All 122 2-beds →

901 last sold in September 2019 at AED 1,617 per sqft, 33% above what two-beds in Park Gate Residences 2 were fetching at the time (AED 1,217). 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. 901's AED 160,000 is in the lower half 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 9th floor

All 163 units in Park Gate Residences 2
Value
8062-bedAED 2.9M · Apr 2025
9021-bedAED 1.65M · Sep 2019
9032-bedAED 2.54M · Sep 2019
9042-bedAED 1.88M · Sep 2019
9052-bedAED 2.01M · Apr 2020
9071-bedAED 1.55M · May 2021
9082-bedAED 2.96M · Jul 2024
1–7 of 9

901, Park Gate Residences 2 in numbers

  • Sold once: by Wasl on 15 September 2019 for AED 2,540,777, or AED 1,617 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 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 1 July 2025.

Questions about 901, Park Gate Residences 2

What did unit 901 last sell for?

AED 2,540,777 on 15 September 2019, sold by the developer: AED 1,617 per sqft for 1,571 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 160,000 a year on the contract signed on 1 July 2025. The previous contract, from May 2024, was AED 165,000; the unit has been rented since March 2023.

How big is unit 901?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.

What is unit 901 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 901, Park Gate Residences 2

Starts from the last sale price (AED 2.54M, 15 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,540,777
Deposit, UAE resident (20%)
AED 508,155
Deposit, non-resident (40%)
AED 1,016,311
Monthly over 25 years at 3.7%
AED 10,395

Plus AED 111,723 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →