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. 275 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,940 per sqft. At AED 1,940 per sqft, Park Gate Residence 1 prices in line with the Bur Dubai median of AED 1,929 per sqft on registered sales.

PIX© price · ↑1.5% YoY

3.40MAED

Typical

1,940AED

PSF

Gross yield

4.6%

PIX© rent ÷ PIX© price

Sale records

275

DLD · all time

Rent contracts

398

Ejari · all time

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 · 24.9 km

Palm Jumeirah27 min · 27.2 km

Nearest · straight-line

Metro stationMax Metro Station0.2 km

MallSolid Computer LLC0.7 km

SchoolMaple Bear Nursery Wasl 1

HospitalLongevity Hub by Clinique La Prairie0.7 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 16

…

2 Bed on Floor 16, Park Gate Residence 1

Size
Record: Aug 2022 to Feb 2026
Owners: 4
Tenants: 1
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
1Tenant 1	1 Feb 2026		Renewal Owner 4
4Owner 4	8 Aug 2025	13 mo	Current owner Sold with tenant in place
1Tenant 1	1 Feb 2025	12 mo	Owner 3
3Owner 3	12 Sep 2024	11 mo
2Owner 2	24 Aug 2022	2.1 yrs
1Owner 1	2 Aug 2022	22 d

PIX© Airbnb Calculator

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

2 Bed · Floor 16 · Park Gate Residence 1

Nightly rateAED

Occupancy (237 nights)

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Park Gate Residence 11,940AED/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	3.40M	1,940	↑1.5%		156K	4.6%
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-Wide275 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
11 Aug 2026	2 Bed	Park Gate Residence 1 · Floor 15	1,554	3,025,000	1,947	+30.1%	Standard	Standard Sale
11 Aug 2026	3 Bed	Park Gate Residence 1 · Floor 23	2,163	4,329,777	2,002	-	Standard	Payment Plan Sale
15 Dec 2025	1 Bed	Park Gate Residence 1 · Floor 21	987	2,000,000	2,026	+14.3%	Standard	Payment Plan Sale

Rentals - Project-Wide398 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
21 Sep 2026	2 Bed	Park Gate Residence 1 · Floor 9	1,610	145,170	90	-	Entry Level	CERTIFICATE

Comparables

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

Map of comparable projects in this community

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

This project

Park Gate Residence 1

Compared with

Park Gate Residences

PIX© PSF

1,928

Rank

#6 of 9

#5 of 9

Typical price

3.18M

Yield

4.7%

Units

299

1,067

Sales

124

Rents

310

1,186

Developer

DUBAI REAL ESTATE CORPORATION

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	1 Residences - 1 DUBAI REAL ESTATE CORPORATION · Completed	407					89	686
	1 Residences - 2 DUBAI REAL ESTATE CORPORATION · Completed	386					90	605
	1 Residences DUBAI REAL ESTATE CORPORATION · Completed	793					179	1,291
	Al Kifaf DUBAI REAL ESTATE CORPORATION · U/C	4,498					303	2,504
	Park Gate Residences DUBAI REAL ESTATE CORPORATION · Completed	1,067					124	1,186
6	Park Gate Residence 1 DUBAI REAL ESTATE CORPORATION · Completed	299	1,928	Subject	3.18M	4.7%	24	310
	Park Gate Residence 4 DUBAI REAL ESTATE CORPORATION · Completed	294					49	361
	Park Gate Residence 3 DUBAI REAL ESTATE CORPORATION · Completed	239					43	264
	Hyatt Regency Creek Heights Residences DUBAI REAL ESTATE CORPORATION · Completed	447					25	94

Community median 1,929 AED/sqft. All 8 qualifying community peers shown. 1 community project excluded for insufficient recorded sales. 6 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.

Park Gate ResidencesAED 1,929/sqft
Park Gate Residence 4AED 1,924/sqft
Park Gate Residence 3AED 1,919/sqft
Al KifafAED 2,051/sqft
1 ResidencesAED 2,055/sqft
1 Residences - 2AED 2,089/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 1,940 per sqft, or about AED 3,395,593 for a typical unit, based on 275 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 4.6% gross, calculated from current PIX© rent against current PIX© sale price, across 398 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 +1.5% over the last 12 months, to AED 1,940, across 275 registered sales.