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Park Gate Residences is a completed apartment development by PARK 1 L.L.C in Wasl 1, Al Kifaf, comprising 1,045 registered units. 1,025 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,825 per sqft. At AED 1,825 per sqft, Park Gate Residences prices 17% below the Wasl 1 average of AED 2,199 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 47 – 4,502 sqft | 1,045 | 2.89M | 1,825 | ↓3.2% | 191K | 6.6% | |
| Residential | |||||||
1 Bed · Apartment 917 – 995 sqft | 156 | ||||||
2 Bed · Apartment 1,477 – 2,280 sqft | 466 | ||||||
3 Bed · Apartment 1,967 – 3,972 sqft | 104 | ||||||
4 Bed · Apartment 3,156 – 4,502 sqft | 16 | — | — | — | — | — | |
5 Bed · Apartment 4,099 – 4,494 sqft | 4 | — | — | — | |||
| Commercial | |||||||
Shop 842 – 2,037 sqft | 18 | — | — | — | — | — | |
Store 47 – 272 sqft | 281 | — | — | — | — | — | — |
| Floors | All towers | Tower 4 | Tower 3 | Tower 1 | Tower 2 |
|---|---|---|---|---|---|
| All floors | 105 sales | 25 sales | 23 sales | 26 sales | 31 sales |
| Floors 3-15 | 67 sales | 11 sales | 15 sales | 13 sales | 28 sales |
| Floors 16-26 | 38 sales | 14 sales | 8 sales | 13 sales | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 11 Aug 2026 | 2 Bed | Tower 1 · Floor 15 | 1,554 | 3,025,000 | 1,947 | +30.1% | Standard | Standard Sale |
| 11 Aug 2026 | 3 Bed | Tower 1 · Floor 23 | 2,163 | 4,329,777 | 2,002 | — | Standard | Payment Plan Sale |
| 7 Aug 2026 | 2 Bed | Tower 4 · Floor 12 | 1,555 | 2,525,000 | 1,624 | — | Entry Level | Standard Sale |
| Floors | All towers | Tower 1 | Tower 2 | Tower 3 | Tower 4 |
|---|---|---|---|---|---|
| All floors | 579 rentals | 154 rentals | 132 rentals | 124 rentals | 169 rentals |
| Floors 3-22 | 545 rentals | 134 rentals | 132 rentals | 124 rentals | 155 rentals |
| Floors 23-27 | 34 rentals | 20 rentals | — | — | 14 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 20 Aug 2026 | 1 Bed | — | 992 | 120,000 | 121 | — | Premium | renewal |
| 15 Aug 2026 | 1 Bed | Tower 1 · Floor 21 | 995 | 95,000 | 96 | -13.6% | Standard | new |
| 12 Aug 2026 | 2 Bed | Tower 2 · Floor 11 | 1,554 | 143,325 | 92 | +5.0% | Entry Level | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Wasl 1
The closest-priced registered projects in Wasl 1.
- 1 ResidencesAED 2,028/sqft
- Park Views Residences BAED 2,172/sqft
- Park Views Residences AAED 2,181/sqft
- Avenue Park TowersAED 2,272/sqft
Common questions about Park Gate Residences
Answered from Dubai Land Department registered transactions.
How much does a property in Park Gate Residences cost?
Property in Park Gate Residences sells at a current PIX© price of AED 1,825 per sqft, or about AED 2,892,053 for a typical unit, based on 1,025 sales registered with the Dubai Land Department.
Is Park Gate Residences completed?
Yes. Park Gate Residences is recorded as completed in the Dubai Land Department project register (completed q4 2020).
Who is the developer of Park Gate Residences?
Park Gate Residences is developed by PARK 1 L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Park Gate Residences?
Park Gate Residences yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,542 registered Ejari contracts.
How many units are in Park Gate Residences?
Park Gate Residences holds 1,045 registered units across 4 towers, per the Dubai Land Department unit register.
Have prices in Park Gate Residences gone up or down?
Price per sqft has fallen -3.2% over the last 12 months, to AED 1,825, across 1,025 registered sales.