Al Kifaf · Ready · 65% of recent sales are 2-bedrooms

Park Gate ResidencesWhat it sells and rents for

2-bedrooms resell for about AED 2.95M and rent for AED 145k a year.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 2.95Mfor a typical 2-bedroom

From 31 resales in the last 12 months.

Rents forAED 145ka year, new 2-bedroom lease

From 36 new leases in the last 3 months. Renewing tenants pay about AED 143k.

Earns4.9%a year, as a share of the price
Park Gate Residences
Al Kifaf

About the same as 2-bedrooms across Al Kifaf.

Sells45sales in the last year
Park Gate Residences
Similar buildings

About as many resales as the typical similar building.

What brings you here?

Apartment type

Prices and rents at Park Gate Residences

What should you pay for a 2-bedroom?

AED 2.95M

That's the typical price. 16 of the 31 2-bedrooms resold here in the last year went for AED 2.8M to AED 3.07M. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here in the last 12 months.

What should you offer first?

AED 2.8M

11 of the 31 2-bedrooms resold here in the last year went for this or less. Start here and leave room to move.

  • Price per sq ft here1,921 nowNo clear move

What will it really cost you?

Based on the typical 2-bedroom here at AED 2.95M, and renting a 2-bedroom here for AED 145k a year.

The mortgage is AED 1,035 a month more than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 13,118
Renting a 2-bedroom hereAED 12,083

Cash you need

AED 784k

  • Down paymentAED 590,000
  • DLD transfer feeAED 118,580
  • Agency feeAED 61,950
  • Trustee, mortgage and valuationAED 13,390

Over 5 years, buying costs about AED 694k in fees and interest. Renting costs about AED 725k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

What would it earn as a rental?

4.9%

A year's rent, about AED 145k, as a share of the price, before service charges. 2-bedrooms across Al Kifaf earn 4.7%.

AED 2.95Mprice→AED 145kyearly rent=4.9%return

Will it be easy to sell later?

3 a month

That's how often a 2-bedroom resells here. The building has about as many resales as the typical similar building nearby.

Park Gate Residences
1 Residences

Are prices rising or falling?

No clear move

Only 14 resales in the building in the last 3 months, too few to call a direction.

Nov 2024Oct 2026

Do bigger 2-bedrooms cost more?

Each dot is a 2-bedroom sale here. Size does not explain the price in these sales, so compare each sale on its own.

AED 2.5MAED 3MAED 3.5M1,5001,6001,7001,8001,9002,0002,100Size, sq ft →

What else could AED 2.95M buy nearby?

AED 160k less

2-bedrooms at 1 Residences cost AED 2.79M and rent for AED 140k. That's a 5.0% return, against 4.9% here. Below: 1 cheaper building that earns more.

  1. BuildingTypical priceRent a yearReturn
  2. 1 Residencessaves AED 160kAED 2.79MAED 140k a year5.0%+0.1 pts
  3. Park Gate Residencesyou're hereAED 2.95MAED 145k a year4.9%

Where is Park Gate Residences?

2% below

the typical resale price per sq ft in Al Kifaf, over the last 12 months.

Park Gate Residences against Al Kifaf

  • Park Gate ResidencesResale, 45 sales in 12 monthsAED 1,905 per sq ft
  • Al KifafResale, 104 sales in 12 monthsAED 1,941 per sq ft

A 2-bedroom in Al Kifaf

  • A typical 2-bedroom resells forAED 2.85M
  • New 2-bedroom leases sign forAED 135k a year
  • Rent as a share of the price4.7%

How busy it is

  • Sales in the last 12 months404
  • Off-plan share of sales74%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Al Kifaf

Similar buildings

1 Residences

1 Residences

Al Kifaf

Typical 1-bed
Fewer than 20 sales
Sales, 12 months
59

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 2-bedroom in Park Gate Residences?

About AED 2.95M on resale; 16 of 31 sold for AED 2.8M to AED 3.07M.

How much is rent for a 2-bedroom in Park Gate Residences?

About AED 145k a year on a new lease and AED 143k on a renewal.

What is the rental yield at Park Gate Residences?

About 4.9% gross on a 2-bedroom, before service charges.

Is Park Gate Residences easy to resell?

About the same as the typical similar building: 45 resales in 12 months.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Park Gate Residences registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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