Park Gate Residences
بارك جيت رازيدنسPark 1 L.L.C · Home sales since 2018 · mostly resales in the 12 months to 1 Oct 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Park Gate Residences was AED 1,896/sqft in Sep 2026, from 5 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 764 units · 4 buildings · DLD target completion October 2020
Registered developer: Park 1 L.L.C (DLD no. 1203)
Escrow account with Emirates NBD · Zoned by Dubai Municipality
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Wasl 1
Typical yearly rent of AED 139,882 across 633 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Park Gate Residences, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
AED 1,896/sqft
Sep 2026 · 5 home sales
+6.2%
Sep 2023 to Sep 2026, scaled up to a year
69 months
Recorded home resales here fall in 69 months, Feb 2021 to Oct 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Park Gate Residences — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Park Gate Residences over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Park Gate Residences itself. The rest are homes of the same size in Al Kifaf, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| 1 bed | AED 1.93M | AED 110,000/yrthis building · 35 new lets | 5.7% | 11 |
| 2 beds | AED 2.98M | AED 155,000/yrthis building · 103 new lets | 5.2% | 31 |
| 3 beds | AED 4.1M | AED 225,000/yrthis building · 15 new lets | 5.5% | 3 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 1.61M), a 1 bed here reads 6.8% instead of 5.7%. The yield in the table above uses the AED 1.93M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
We have no recorded budget for this one, so this starts from a placeholder, not a measured figure. The real number is on your service charge invoice, or on RERA’s Service Charge Index. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| 1 bed | AED 14,887 | AED 95,113 | 5.7% | 4.9% |
| 2 beds | AED 23,599 | AED 131,401 | 5.2% | 4.4% |
Only the service charge is taken off.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Park Gate Residences
How much does a home in Park Gate Residences cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Park Gate Residences was AED 1.93M for a 1-bedroom (11 ready sales) and AED 2.98M for a 2-bedroom (31 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Park Gate Residences?
The typical rent (the median: half of the rent contracts were above this, half below) in Park Gate Residences is AED 110,000/yr for a 1-bedroom (35 new tenancies recorded in Park Gate Residences itself) and AED 155,000/yr for a 2-bedroom (103 new tenancies recorded in Park Gate Residences itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Park Gate Residences itself.
What rental yield does Park Gate Residences give?
The yield before costs on completed homes in Park Gate Residences is about 5.7% on a 1-bedroom and 5.2% on a 2-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Park Gate Residences selling off-plan or as resales?
0% of the 47 home sales recorded in Park Gate Residences in the 12 months to 1 Oct 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Park Gate Residences start selling?
The Land Department's register holds 1,035 home sales in Park Gate Residences. The earliest was recorded in Jan 2018 and the newest in Oct 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Al Kifaf typical price
-14.6%
Priced at or below the area's typical price. Sep 2026: 5 sales here against 30 in the area.
Developer track record
3,517 recorded sales
Matched to Park 1 L.L.C, Jan 2018 to 2 Oct 2026.
2 completed · 3 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Low competitionWhen Park Gate Residences handed over in October 2020, no other project in Al Kifaf had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 3 other projects in Al Kifaf as not yet finished.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
233 m
max
1.5 km
Ambassador school (manhol)
442 m
DHA central service complex
781 m
Al Karama Store
Metro stations
- max233 m
- ADCB1.3 km
- World Trade Centre1.4 km
- Emirates Towers2.3 km
Schools
- Ambassador school (manhol)1.5 km
- 3 Fold Education Center1.9 km
- Arabic School2.0 km
- New academy school2.2 km
Hospitals & clinics
- DHA central service complex442 m
- تمت ازالته1.0 km
- Kottakal Ayurvedic Centre1.6 km
- Rashid Hospital2.7 km
Supermarkets
- Al Karama Store781 m
- Lulu hypermarket782 m
- Saleh Abdulah788 m
- Saleh Abdulah793 m
Bus stops
- Bus stop from Abu Dhabi to Dubai247 m
- Max Metro Bus Stop Seaside 1284 m
- Max Metro Station Landside327 m
- Department of Health453 m
Pharmacies
- A Rayan Pharmacy848 m
- Aster Pharmacy912 m
- Hafsa Pharmacy947 m
- Life967 m
Malls
- Al Diyafa Shopping Center1.7 km
- Sparkle Shine2.0 km
- Al Ghazal Commercial Complex2.3 km
- Business Time Center2.6 km
Mosques
- Prayer Room2.3 km
- المسجد الإيراني2.8 km
- Burj Daman Masjid2.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Buildings in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Al Kifaf
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Park 1 L.L.C
Sep 2026 · 9 home sales
Park 1 L.L.C
Sep 2026 · 6 home sales
Park 1 L.L.C
Jul 2026 · 7 home sales
Park 1 L.L.C
Sep 2026 · 5 home sales
Park 1 L.L.C
No month with 5+ recorded home sales since Oct 2025
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Park Gate Residences?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.