Sold Prices · DLD Data

    Park Gate Residences

    Al Kifaf, Dubai · Wasl 1

    AED 1,850

    Avg Price / sqft

    AED 2.9M

    Avg Sale Price

    24

    DLD Sales Recorded

    5.7%

    Est. Gross Yield

    Market snapshot

    Park Gate Residences — the numbers

    Park Gate Residences is a residential building in Al Kifaf, Dubai with approximately 764 units. Dubai Land Department records show 24 sales in the building, at an average price of AED 2.9M — around AED 1,850 per square foot.

    Since January 2026, 23 sales completed in Park Gate Residences, with the average price per square foot moving from AED 2,014 to AED 1,858 (-7.8%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Al Kifaf, a typical unit in Park Gate Residences returns an estimated 5.7% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Kifaf.

    Figures are from Dubai Land Department transaction records for Park Gate Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Al Kifaf residential rents, before service charges.

    Price trend

    Price trend in Park Gate Residences

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-7.8%

    1,7931,8881,982Jan 26: AED 2,014/sqft · 2 salesJan 26Feb 26: AED 1,789/sqft · 4 salesFeb 26Mar 26: AED 1,956/sqft · 4 salesMar 26Apr 26: AED 1,823/sqft · 3 salesApr 26May 26: AED 1,761/sqft · 2 salesMay 26Jul 26: AED 1,807/sqft · 5 salesJul 26Aug 26: AED 1,858/sqft · 3 salesAug 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.8M

    AED 1,851/sqft

    2 sales · last 12 months

    2 Bed

    AED 2.9M

    AED 1,839/sqft

    20 sales · last 12 months

    3 Bed

    AED 4.1M

    AED 1,965/sqft

    2 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    11 Aug 2026Sales32,163AED 4.3MAED 2,002
    11 Aug 2026Sales21,554AED 3.0MAED 1,947
    07 Aug 2026Sales21,555AED 2.5MAED 1,624
    23 Jul 2026Sales21,634AED 2.6MAED 1,622
    22 Jul 2026Sales21,631AED 3.0MAED 1,859
    16 Jul 2026Sales21,550AED 3.0MAED 1,920
    10 Jul 2026Sales21,477AED 2.9MAED 1,963
    09 Jul 2026Sales1987AED 1.6MAED 1,671
    03 Jun 2026Sales21,557AED 2.8MAED 1,799
    19 May 2026Sales21,633AED 2.8MAED 1,715
    01 May 2026Sales21,633AED 3.0MAED 1,807
    29 Apr 2026Sales21,630AED 2.4MAED 1,472
    01 Apr 2026Sales21,616AED 3.0MAED 1,856
    01 Apr 2026Sales21,611AED 3.5MAED 2,142
    27 Mar 2026Sales21,571AED 3.3MAED 2,101
    23 Mar 2026Sales21,634AED 2.8MAED 1,699
    11 Mar 2026Sales1987AED 2.0MAED 2,031
    05 Mar 2026Sales21,554AED 3.1MAED 1,995
    20 Feb 2026Sales21,555AED 2.8MAED 1,800
    17 Feb 2026Sales21,631AED 2.9MAED 1,747

    Nearby

    Other buildings in Al Kifaf

    FAQ

    Park Gate Residences: frequently asked questions

    What is the average price in Park Gate Residences?

    The average recorded sale price in Park Gate Residences, Al Kifaf is AED 2.9M, around AED 1,850 per square foot, based on Dubai Land Department transaction data.

    Are prices in Park Gate Residences going up or down?

    Average sale prices in Park Gate Residences have eased -7.8% per square foot since January 2026, across 23 DLD-recorded sales.

    What rental yield can I expect in Park Gate Residences?

    Based on average Al Kifaf residential rents against sale prices in the building, a typical unit in Park Gate Residences yields roughly 5.7% gross per year, before service charges and fees.

    How many properties have sold in Park Gate Residences?

    24 sales have been recorded in Park Gate Residences according to DLD data, across approximately 764 units.

    Considering Park Gate Residences?

    Get honest, DLD-backed guidance on pricing, yields and availability in Al Kifaf from Binayah's advisors — no pressure, just the numbers.

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