Updated 5 October 2026 · Source: Dubai Land Department records · All Dubai area guides
How much does it cost to buy or rent in Park Gate Residences?
The most recent sale DLD has recorded in Park Gate Residences was a 2-bedroom for AED 3,400,000 on 1 October 2026. The latest 10 sales, all from the past 6 months, had a median of AED 1,955 per sq ft. Tenants paid a median of AED 145,000 a year over the past 6 months (139 Ejari contracts) and AED 145,000 over 12 months (252 contracts).
Source: DLD-recorded sales and Ejari contracts for Park Gate Residences, Al Kifaf. "6 months" and "12 months" mean the 6 and 12 months to the latest data.
Park Gate Residences at a glance
| Developer | Park 1 |
|---|---|
| Location | Al Kifaf |
| Status | Ready and handed over (Ejari leases registered) |
| Sales on record since | January 2018 |
| Unit types and typical sizes | 1-bedroom about 987 sq ft, 2-bedroom about 1,591 sq ft, 3-bedroom about 2,163 sq ft |
| DLD-recorded sales, past 24 months | 75 |
Developer, district and sales from Dubai Land Department records; status from registered Ejari leases; sizes are the typical registered unit size of each type.
Recent sales in Park Gate Residences
| Date | Type | Size (sq ft) | Price | AED per sq ft |
|---|---|---|---|---|
| 1 October 2026 | 2-bedroom | 1,611 | AED 3,400,000 | AED 2,111 |
| 25 September 2026 | 3-bedroom | 2,163 | AED 4,100,000 | AED 1,896 |
| 18 September 2026 | 2-bedroom | 1,571 | AED 3,260,000 | AED 2,075 |
| 11 September 2026 | 2-bedroom | 1,634 | AED 3,025,000 | AED 1,851 |
| 11 September 2026 | 2-bedroom | 1,529 | AED 3,000,000 | AED 1,962 |
| 1 September 2026 | 2-bedroom | 1,631 | AED 2,800,000 | AED 1,716 |
| 21 August 2026 | 1-bedroom | 994 | AED 2,200,000 | AED 2,213 |
| 11 August 2026 | 3-bedroom | 2,163 | AED 4,329,777 | AED 2,002 |
| 11 August 2026 | 2-bedroom | 1,554 | AED 3,025,000 | AED 1,947 |
| 7 August 2026 | 2-bedroom | 1,555 | AED 2,525,000 | AED 1,624 |
The latest DLD-recorded sales, newest first. Share transfers and data errors are filtered out by the DLD API.
Rents in Park Gate Residences
Over the past 6 months, 139 rent contracts were registered here, with a median of AED 145,000 a year (about AED 12,083 a month) and half paying between AED 125,000 and AED 155,000. Over 12 months the median was AED 145,000 across 252 contracts. The range covers every unit size in the building, so a studio and a 3-bedroom sit in the same figures.
| Period | Lower quarter | Median | Upper quarter | Contracts |
|---|---|---|---|---|
| Last 6 months | AED 125,000 | AED 145,000 | AED 155,000 | 139 |
| Last 12 months | AED 121,000 | AED 145,000 | AED 160,000 | 252 |
Source: DLD Ejari rent contracts (new and renewed) registered in the 6 and 12 months to 7 October 2026.
Prices and rents by bedroom in Park Gate Residences
Over the past 6 months, a typical 2-bedroom in Park Gate Residences sold for AED 3,012,500 and rented for AED 145,000 a year. Over 12 months the figures were AED 150,000 a year to rent.
Sale prices
| Type | Last 6 months | Last 12 months | AED per sq ft (6 / 12 mo) | Size (sq ft) |
|---|---|---|---|---|
| 1-bedroom | – | AED 1,930,000 7 sales | – / 1,955 | 987 |
| 2-bedroom | AED 3,012,500* 10 sales | – | 1,889 / – | 1,591 |
| 3-bedroom | – | AED 4,100,000 3 sales | – / 1,928 | 2,163 |
Rents and gross yield
| Type | Last 6 months | Last 12 months | Gross yield (6 / 12 mo) |
|---|---|---|---|
| 1-bedroom | AED 97,500 28 contracts | AED 106,500 60 contracts | – / 5.5% |
| 2-bedroom | AED 145,000 93 contracts | AED 150,000 164 contracts | 4.8% / – |
| 3-bedroom | AED 197,500 12 contracts | AED 195,000 21 contracts | – / 4.8% |
Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 7 October 2026 (at least 3 sales). * Busy building: median of the latest 10 sales, all inside that period. Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.
How prices have moved around Park Gate Residences
The median price per sq ft across Al Kifaf went from AED 2,060 in Q4 2024 to AED 2,201 in Q3 2026, up 6.8%, and down 1.1% on the same quarter a year earlier. Recent sales in Park Gate Residences averaged AED 1,955 per sq ft, 11.2% below the district.
District figures: DLD-recorded sales across Al Kifaf, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.
Location: what's near Park Gate Residences
- Metro: max (500 m)
- Schools: Ambassador school (manhol) (1.6 km), Arabic School (1.8 km), GEMS Winchester School (1.9 km)
- Hospitals: American Hospital (1.6 km), Emirates Speciality Hospital (2.1 km)
- Malls: Karama Centre - essen (1.3 km), Sparkle Shine (1.7 km)
- Beach: La Mer Beach (3.9 km)
- Park: Zabeel Park (100 m)
- Airports: Dubai International Airport (7.6 km), Al Maktoum International Airport (38.3 km)
Straight-line distances from the centre of Al Kifaf, not from the building itself; driving distances are longer. Map data © OpenStreetMap contributors.
How Park Gate Residences compares with Al Kifaf
Recent sales here ran 11.9% below the Al Kifaf median of AED 2,219 per sq ft in September 2026. The district's gross rental yield was 4.7% in the same report. Park Gate Residences is by Park 1, and DLD recorded 75 sales in the project over the past 24 months. DLD lists 4 buildings under this project name, and the figures on this page combine them.
Market reports
For the wider picture, read our monthly reports built from the same DLD records.
- Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?
Before you buy in Park Gate Residences
- Ask for the service charge per sq ft and the last two years of statements.
- Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
- Compare the asking price with recorded sales in the same building, not just the area median.
- Get mortgage pre-approval before you make an offer, so you know your real budget.
Questions buyers and owners ask
How much is an apartment in Park Gate Residences?
1-bedrooms sold at a median of AED 1,930,000 over the past 12 months; 2-bedrooms sold at a median of AED 3,012,500 over the past 6 months; 3-bedrooms sold at a median of AED 4,100,000 over the past 12 months, based on DLD-recorded sales.
What is the rent in Park Gate Residences?
The median annual rent was AED 145,000 across 139 Ejari contracts in the past 6 months, and AED 145,000 across 252 contracts over 12 months. Half of those leases fell between AED 125,000 and AED 155,000.
What rental yield does Park Gate Residences make?
1-bedrooms about 5.5% gross over 12 months (AED 106,500 a year on a AED 1,930,000 purchase); 2-bedrooms about 4.8% gross over the past 6 months (AED 145,000 a year on a AED 3,012,500 purchase); 3-bedrooms about 4.8% gross over 12 months (AED 195,000 a year on a AED 4,100,000 purchase). Gross yield is before service charges, maintenance and vacancy.
Who developed Park Gate Residences?
Park 1, according to the DLD project register.
Which area is Park Gate Residences in?
DLD records it in Al Kifaf, the district that covers Al Kifaf (near Zabeel Park).
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