Park Gate Residence 1

Completed|299 units · 1 tower

Park Gate Residence 1 is a completed development by DUBAI REAL ESTATE CORPORATION in Bur Dubai, comprising 299 registered units. 278 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,996 per sqft. At AED 1,996 per sqft, Park Gate Residence 1 prices 5% above the Bur Dubai median of AED 1,895 per sqft on registered sales.

PIX© price · ↑10.6% YoY

3.52MAED

Typical

1,996AED

PSF

Gross yield

4.7%

PIX© rent ÷ PIX© price

Sale records

278

DLD · all time

Rent contracts

418

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationBur Dubai

Drive times · typical

Downtown Dubai13 min · 9.5 km

DXB Airport10 min · 8.7 km

DIFC13 min · 4.8 km

Dubai Marina26 min · 27.6 km

Palm Jumeirah27 min · 29.9 km

Nearby · straight-line

Metro stationmax0.2 km

MallAl Hana Centre1.5 km

SchoolAmbassador school (manhol)1.5 km

HospitalAmerican Hospital1.9 km

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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.

Floor

Units on floor 8

…

2 Bed on Floor 8, Park Gate Residence 1

Size
Record: May 2022 to Oct 2026
Owners: 4
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
2Tenant 2	1 Oct 2026		Owner 4
1Tenant 1	1 Oct 2025	12 mo	Owner 4
4Owner 4	27 Mar 2025	19 mo	Current owner
3Owner 3	2 Aug 2024	8 mo
2Owner 2	25 Jul 2023	12 mo
1Owner 1	18 May 2022	14 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 8 · Park Gate Residence 1

Nightly rateAED

Occupancy (237 nights)

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Park Gate Residence 11,996AED/sqft · project-wide

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 42 - 10,837 sqft	299	3.52M	1,996	↑10.6%		164K	4.7%
Residential
1 Bed · Apartment 987 - 995 sqft	44
2 Bed · Apartment 1,477 - 2,280 sqft	108
3 Bed · Apartment 1,967 - 2,590 sqft	50
4 Bed · Apartment 3,159 - 10,837 sqft	4	-	-	-		-	-
5 Bed · Apartment 4,359 sqft	1			-		-	-
Commercial
Shop 1,027 - 2,036 sqft	4	-	-	-	-		-
Warehouse 42 - 199 sqft	88	-	-	-	-	-	-

Sales - Project-Wide278 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
26 Oct 2026	1 Bed	Park Gate Residence 1 · Floor 16	994	1,950,000	1,961	+10.4%	Standard	Payment Plan Sale
1 Oct 2026	2 Bed	Park Gate Residence 1 · Floor 15	1,611	3,400,000	2,111	+41.7%	Standard	Standard Sale
25 Sep 2026	3 Bed	Park Gate Residence 1 · Floor 25	2,163	4,100,000	1,896	+30.4%	Standard	Standard Sale

Rentals - Project-Wide418 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
2 Apr 2027	3 Bed	Park Gate Residence 1 · Floor 25	2,163	159,781	74	-	Standard	CONTRACT
2 Apr 2027	3 Bed	Park Gate Residence 1 · Floor 25	2,163	159,781	74	-	Standard	CONTRACT
1 Nov 2026	2 Bed	Park Gate Residence 1 · Floor 18	1,572	150,000	95	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Park Gate Residence 1

Compared with

1 Residences - 1

PIX© PSF

2,011

Rank

#4 of 9

#3 of 9

Typical price

3.40M

Yield

4.4%

Units

299

407

Sales

Rents

324

721

Developer

DUBAI REAL ESTATE CORPORATION

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	1 Residences - 2 DUBAI REAL ESTATE CORPORATION · Completed	386					92	641
	1 Residences DUBAI REAL ESTATE CORPORATION · Completed	793					185	1,362
	1 Residences - 1 DUBAI REAL ESTATE CORPORATION · Completed	407					93	721
4	Park Gate Residence 1 DUBAI REAL ESTATE CORPORATION · Completed	299	2,011	Subject	3.40M	4.4%	26	324
	Al Kifaf DUBAI REAL ESTATE CORPORATION · U/C	4,498					312	2,583
	Park Gate Residence 3 DUBAI REAL ESTATE CORPORATION · Completed	239					44	263
	Park Gate Residences DUBAI REAL ESTATE CORPORATION · Completed	1,067					127	1,194
	Park Gate Residence 4 DUBAI REAL ESTATE CORPORATION · Completed	294					49	360
	Hyatt Regency Creek Heights Residences DUBAI REAL ESTATE CORPORATION · Completed	447					24	92

Community median 1,895 AED/sqft. All 8 qualifying community peers shown. 1 community project excluded for insufficient recorded sales. 7 excluded for trading only in the off-plan market. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Bur Dubai

The closest-priced registered projects in Bur Dubai.

1 Residences - 1AED 2,062/sqft
1 ResidencesAED 2,077/sqft
Al KifafAED 1,895/sqft
Park Gate Residence 3AED 1,892/sqft
1 Residences - 2AED 2,113/sqft
Park Gate ResidencesAED 1,852/sqft

Common questions about Park Gate Residence 1

Answered from Dubai Land Department registered transactions.

How much does a property in Park Gate Residence 1 cost?

Property in Park Gate Residence 1 sells at a current PIX© price of AED 1,996 per sqft, or about AED 3,515,439 for a typical unit, based on 278 sales registered with the Dubai Land Department.

Is Park Gate Residence 1 completed?

Yes. Park Gate Residence 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Park Gate Residence 1?

Park Gate Residence 1 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 Residence 1?

Park Gate Residence 1 yields 4.7% gross, calculated from current PIX© rent against current PIX© sale price, across 418 registered Ejari contracts.

How many units are in Park Gate Residence 1?

Park Gate Residence 1 holds 299 registered units, per the Dubai Land Department unit register.

Have prices in Park Gate Residence 1 gone up or down?

Price per sqft has risen +10.6% over the last 12 months, to AED 1,996, across 278 registered sales.