902, Park Gate Residences 2
Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, Park Gate Residences 2
What is 902 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 9th of 20
- Parking
- B2-214
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.65M · September 2019
- Building
- Park Gate Residences 2
About 902, Park Gate Residences 2
902 is a one-bedroom apartment of 994 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 1,645,777, or AED 1,655 per sqft.
One Ejari contract is registered, from 1 April 2024. The current contract, signed on 1 April 2024, is AED 125,000 a year: a gross yield of 7.6% on the 2019 price.
Sales and rents for 902 over time
902 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 2, and where 902 sits
All 33 1-beds →Over the last 12 months one-beds sold for AED 1,800,000, around AED 1,823 per sqft, and rent for AED 110,900 to 136,000 a year. 902's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 987 sqft | 1,800,000 | 1,823 | ||
| 17 Jun 202517 June 2025 | 920 sqft | 1,256,777 | 1,366 | ||
| 7 May 20257 May 2025 | 994 sqft | 1,800,000 | 1,810 | ||
| 7 Nov 20247 November 2024 | 987 sqft | 1,900,000 | 1,924 |
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 9th floor
All 163 units in Park Gate Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 806 | 2-bed | 1,631 sqft | AED 2.9MAED 2,899,601 · Apr 2025April 2025 | ||
| 901 | 2-bed | 1,571 sqft | AED 2.54MAED 2,540,777 · Sep 2019September 2019 | 160,000 /yr | |
| 903 | 2-bed | 1,571 sqft | AED 2.54MAED 2,541,777 · Sep 2019September 2019 | 165,000 /yr | |
| 904 | 2-bed | 1,548 sqft | AED 1.88MAED 1,879,777 · Sep 2019September 2019 | 160,000 /yr | |
| 905 | 2-bed | 1,617 sqft | AED 2.01MAED 2,005,777 · Apr 2020April 2020 | 160,650 /yr | |
| 907 | 1-bed | 987 sqft | AED 1.55MAED 1,550,777 · May 2021May 2021 | ||
| 908 | 2-bed | 1,632 sqft | AED 2.96MAED 2,960,777 · Jul 2024July 2024 | ||
| 909 | 2-bed | 1,616 sqft | AED 2.03MAED 2,026,777 · Apr 2020April 2020 | ||
| 910 | 2-bed | 1,549 sqft | AED 1.84MAED 1,844,777 · Sep 2019September 2019 | 150,000 /yr |
902, Park Gate Residences 2 in numbers
- Sold once: by Wasl on 15 September 2019 for AED 1,645,777, or AED 1,655 per sqft.
- Rented since April 2024 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2019 price is 7.6%.
- One-beds in Park Gate Residences 2 sold for AED 1,800,000–1,800,000 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 April 2024.
Questions about 902, Park Gate Residences 2
What did unit 902 last sell for?
AED 1,645,777 on 15 September 2019, sold by the developer: AED 1,655 per sqft for 994 sqft. It is the only registered sale of the unit.
What is the rent for unit 902?
AED 125,000 a year on the contract signed on 1 April 2024.
How big is unit 902?
994 sqft (92.3 sqm): a one-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.
What is unit 902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 2 sold for AED 1,800,000 to 1,800,000 in the last 12 months, around AED 1,823 per sqft.
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Mortgage on 902, Park Gate Residences 2
Starts from the last sale price (AED 1.65M, 15 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,645,777
- Deposit, UAE resident (20%)
- AED 329,155
- Deposit, non-resident (40%)
- AED 658,311
- Monthly over 25 years at 3.7%
- AED 6,733
Plus AED 74,133 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →