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Park Gate Residences 1

A 2 bed in Park Gate Residences 1 costs a median AED 3.01M and rents long-let for AED 151,000/yr (5.0% gross).

2 bed · typical price

3.01MAED

AED 1,891/sqft

Rent a year
AED 151,000
Gross yield
5.0%
vs Al Kifaf
5% below the median
Cost to buy, all inAED 3.20M
Price
AED 3.01M
DLD fee 4%
AED 120,500
Agent 2% + VAT
AED 63,263
Trustee
AED 4,200

Fees repaid by rent15 months

Against this building’s registered sales of the same type.

Ask about Park Gate Residences 1 →

Is Park Gate Residences 1 a good investment?Prices rising; the rent pays below the Dubai median and lots of new supply is coming

  1. Does it pay a good rent?5.0% gross, before the service charge (not on file) (Dubai median 6.8%)5.0%Watch
  2. Are rents going up?New 2 bed leases: AED 158,000 a year ago, AED 151,000 now (pooled across the project)-4.4%
  3. Are prices going up?All types: AED 1,853/sqft a year ago, 1,947 now+5.1%Strength
  4. How fast do fees pay back?AED 187,963 in fees to buy a 2 bed; rent covers it in 1.2 years1.2 yrs
  5. Can I sell easily?7 sales in 12 months (16 the year before)7
  6. Is a lot being built nearby?1,047 apartments are planned in Al Kifaf from 2026 to 2028, equal to 168% of the 624 homes let there today. Al Kifaf supply by year →168%Watch
  7. Did earlier buyers gain?Up 42% for buyers 5 years ago; up 54% for launch buyers, before fees+42.3%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Park Gate Residences 1 prices and rents by unit typeA two-bed costs about AED 3.01M and rents for about AED 151,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 2.00M2,026/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
2 bedAED 3.01M1,891/sqft5.0%-0.2 ptsAED 151,000104 contractsunder 5 sales in a year4
3 bedAED 4.21M1,949/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Al Kifaf · area median AED 1,989/sqft

Rank by price per sqft
8th of 11

Rental income

2 bed · Al Kifaf

Median new rent
AED 151,000/yr
Yield vs area median
-0.2 pts
Yield vs Dubai (6.8%)
-1.8 pts
Renewal rent
AED 147,000/yr
New tenants pay vs sitting (81 renewals)
+2.7%

Read with care

  • Rental data covers the whole Park Gate Residences project, not this tower alone.
  • Thin sample — 4 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Feb 2018, AED 1,978,750; latest, Oct 2026, AED 3,400,000; peak, Oct 2026, AED 3,400,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,947 · before fees

Launch, 2018–20
1,265
+54%
5 years ago
1,368
+42%
3 years ago
1,640
+19%
Previous 12 months
1,853
+5%
Last 12 months
1,947
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

7 resales in the last 12 months, against 20 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
1 Oct 20262 bed1,611AED 3,400,0002,111
25 Sept 20263 bed2,163AED 4,100,0001,896
11 Aug 20263 bed2,163AED 4,329,7772,002
11 Aug 20262 bed1,554AED 3,025,0001,947
15 Dec 20251 bed987AED 2,000,0002,026
27 Nov 20252 bed1,634AED 2,750,0001,683
18 Nov 20252 bed1,634AED 3,000,0001,835

7 resales in the last 12 months.

Comparables in Al Kifaf

Every Al Kifaf building with a page, ranked by price per sqft over the same 12 months, all unit types. Park Gate Residences 1 places 8th of 11; the nearest 7 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
4Park Views Residences A45% · off-plan 2,059/sqftAED 2.60M2,152+10.6%—+4.0%39
51 Residences - 1Completed 2022AED 2.85M2,152+10.5%4.2%+1.6%35
6Park Views Residences B53% · Q1 2027 · off-plan 1,971/sqftAED 2.41M2,039+4.8%—-1.4%37
71 Residences - 2Completed 2022AED 2.70M1,964+0.9%4.4%-6.5%25
8Park Gate Residences 1 · this buildingCompleted 2020 · off-plan 1,341/sqftAED 3.02M1,9475.0%+5.1%7
9Park Gate Residences 3Completed 2020 · off-plan 1,246/sqftAED 2.96M1,945-0.1%5.1%-1.4%10
10Park Gate Residences 4Completed 2020 · off-plan 1,334/sqftAED 2.79M1,889-3.0%5.4%-2.8%16
11Park Gate Residences 2Completed 2020 · off-plan 1,231/sqftAED 2.83M1,840-5.5%5.3%+1.6%12

Rank 1 is the dearest per square foot. Differences are against Park Gate Residences 1 (AED 1,947/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Park Gate Residences 1 has registered sale prices 5% below the Al Kifaf median price per square foot of 1,989 AED, across 11 eligible buildings. It ranks 8th of 11 by price per square foot in Al Kifaf.

Market context in Al Kifaf

Registered sales activity

105 ready apartment sales in the 12 months to 2026-10-12.

-4.8% in median AED/sqft versus the preceding year, supported by 105 current and 171 prior price observations.

Explore sales activity

Planned apartment projects

461 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 1 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,047 apartments are planned in Al Kifaf from 2026 to 2028, equal to 168% of the 624 homes let there today.

How these are counted
Find service-charge budget evidence for Park Gate Residences 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Park Gate Residences towers

4 towers in Park Gate Residences, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Park Gate Residences 1 · this buildingAED 3.01M4 sales1,891AED 151,000project pool5.0%
Park Gate Residences 2AED 2.95M9 sales1,856AED 151,000project pool5.1%
Park Gate Residences 3AED 3.00M7 sales1,920AED 151,000project pool5.0%
Park Gate Residences 4AED 2.80M11 sales1,800AED 151,000project pool5.4%

Ejari files Park Gate Residences’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Al Kifaf: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
1 Residences2 towers · rent filed for the projectAED 150,00095 contractsAED 2.80M28 sales2,0075.4%
Avenue Park Towers2 towers—noneAED 2.67M72 sales2,258—
Park Gate Residences · this development4 towers · rent filed for the projectAED 151,000104 contractsAED 2.98M31 sales1,8565.1%
All of Al Kifafevery building, in a project or notAED 150,000199 contractsAED 2.70M188 sales2,1365.6%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.

About Park Gate Residences 1

Park Gate Residences 1 is an apartment building completed in 2020 by Park 1 in Al Kifaf. 277 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Master developer
Park 1

Nearest, as registered

Metro
Al Jafiliya Metro Station
Mall
Dubai Mall
Landmark
Burj Khalifa

Park Gate Residences 1: AED 1,947 per sq ft, 5% below the median Al Kifaf building, and a 5.0% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Park Gate Residences 1AED 1,947
  2. Al Kifaf, readyAED 1,949
  3. Al Kifaf, off-planAED 2,268
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Park Gate Residences 1Al Kifaf median building

  1. Al Kifaf5.0% vs 5.0%
Line: the 10th to 90th percentile of 6 buildings in Al Kifaf. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Al Kifaf, by handover quarter

More from Park 1

Prices per sq ft around Park Gate Residences 1, on the map
Pills show median sale price, AED. 6 buildings pinned from Google place records and Apple geocoding · Park Gate Residences 1 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Park Gate Residences 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
13,396AED
4.5% over 25 years
Monthly rent
12,583AED
AED 151,000 a year
Cash needed at purchase
823,588AED
20% down plus AED 221,088 in fees

Owning costs AED 479,453 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Park Gate Residences 1

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Common questions

What is the rental yield in Park Gate Residences 1?
Park Gate Residences 1 returns 5.0% gross: a median new-contract rent of AED 151,000 a year (104 Ejari contracts in 12 months) over a price benchmark of AED 3.01M (median of 4 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 2 bedroom in Park Gate Residences 1 cost?
The median registered sale price is AED 3.01M (1,891 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How does Park Gate Residences 1 compare with Al Kifaf?
Its 5.0% gross yield sits -0.2 pts against the Al Kifaf median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
What is the registered annual rent for a 2 bedroom in Park Gate Residences 1?
The median new annual rent is AED 151,000, from 104 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Park Gate Residences 1 risen or fallen?
The median new annual rent changed -4.4% in the trailing 12 months against the previous 12, using 104 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

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Park Gate Residences 1 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
4 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/al-kifaf/park-gate-residences-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Park Gate Residences 1 sale prices and yield.” Al Kifaf, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/al-kifaf/park-gate-residences-1

Stable dataJSON