PropertyIndex

Park Gate Residences

Completed|1,067 units · 4 towers

Park Gate Residences is a completed community by DUBAI REAL ESTATE CORPORATION in Bur Dubai, comprising 1,067 registered units. 1,024 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,915 per sqft. At AED 1,915 per sqft, Park Gate Residences prices 2% below the Bur Dubai median of AED 1,952 per sqft on registered sales.

PIX© price · 0.5% YoY
3.02MAED
Typical
1,915AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
1,024
DLD · all time
Rent contracts
1,573
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 16

2 Bed on Floor 16, Park Gate Residence 4

Size
Record
Mar 2018 to Jun 2025
Owners
4
Tenants
3
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Tenant 310 Jun 20259 mo
Renewal
Owner 4
4Owner 46 Mar 202518 mo
Current owner
Sold with tenant in place
Mortgage
3Tenant 310 Jun 202412 mo
Owner 3
2Tenant 215 Apr 202312 mo
Owner 3
3Owner 37 Mar 20232.0 yrs
Sold with tenant in place
1Tenant 115 Jul 20228 mo
Renewal · Ended early
Owner 2
1Tenant 115 Jul 202112 mo
Owner 2
2Owner 210 Jun 202121 mo
1Owner 14 Mar 20183.3 yrs
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2 Bed · Floor 16 · Park Gate Residence 4
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Park Gate Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
39 - 4,502 sqft
1,0673.02M1,9150.5%189K6.2%
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----
Warehouse
39 - 199 sqft
303-----
Sales - Project-Wide1,024 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
11 Sep 20262 BedPark Gate Residence 4 · Floor 131,5293,000,0001,962+55.4%StandardStandard Sale
11 Sep 20262 BedPark Gate Residence 4 · Floor 161,6343,025,0001,851+22.5%StandardStandard Sale
1 Sep 20262 BedPark Gate Residence 2 · Floor 81,6312,800,0001,716-3.4%StandardStandard Sale
Rentals - Project-Wide1,573 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
2 Apr 20273 BedPark Gate Residence 1 · Floor 252,163159,78174-StandardCONTRACT
2 Apr 20273 BedPark Gate Residence 1 · Floor 252,163159,78174-StandardCONTRACT
21 Sep 20262 BedPark Gate Residence 1 · Floor 91,610145,17090-Entry LevelCERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Bur Dubai

The closest-priced registered projects in Bur Dubai.

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 1,915 per sqft, or about AED 3,021,402 for a typical unit, based on 1,024 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.

Who is the developer of Park Gate Residences?

Park Gate Residences is developed by DUBAI REAL ESTATE CORPORATION, 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 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,573 registered Ejari contracts.

How many units are in Park Gate Residences?

Park Gate Residences holds 1,067 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 risen +0.5% over the last 12 months, to AED 1,915, across 1,024 registered sales.