Park Gate Residence 2

Completed|235 units · 1 tower

Park Gate Residence 2 is a completed development by DUBAI REAL ESTATE CORPORATION in Bur Dubai, comprising 235 registered units. 213 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,784 per sqft. At AED 1,784 per sqft, Park Gate Residence 2 prices 7% below the Bur Dubai median of AED 1,916 per sqft on registered sales.

PIX© price · ↑6.4% YoY

2.77MAED

Typical

1,784AED

PSF

Gross yield

5.0%

PIX© rent ÷ PIX© price

Sale records

213

DLD · all time

Rent contracts

294

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 10

…

2 Bed on Floor 10, Park Gate Residence 2

Size
Record: May 2022 to Sep 2026
Owners: 3
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Tenant 6	15 Sep 2026		Owner 3
3Owner 3	10 Jan 2026	8 mo	Current owner Sold with tenant in place
4Tenant 4	12 Dec 2025		Owner 2 · Registered twice
3Tenant 3	12 Dec 2024	15 mo	Owner 2
2Owner 2	11 Jun 2024	19 mo	Sold with tenant in place
2Tenant 2	12 Dec 2022	2.4 yrs	Owner 1
1Tenant 1	14 Oct 2022	2 mo	Ended early Owner 1
1Owner 1	11 May 2022	2.1 yrs

PIX© Airbnb Calculator

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

2 Bed · Floor 10 · Park Gate Residence 2

Nightly rateAED

Occupancy (237 nights)

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Park Gate Residence 21,784AED/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 47 - 4,502 sqft	235	2.77M	1,784	↑6.4%		139K	5.0%
Residential
1 Bed · Apartment 918 - 994 sqft	34
2 Bed · Apartment 1,477 - 2,057 sqft	125
3 Bed · Apartment 2,533 - 3,972 sqft	2	-	-	-		-	-
4 Bed · Apartment 3,156 - 4,502 sqft	4	-	-	-		-	-
5 Bed · Apartment 4,099 sqft	1	-	-	-	-	-	-
Commercial
Shop 856 - 1,884 sqft	5	-	-	-	-	-	-
Warehouse 47 - 191 sqft	64	-	-	-	-	-	-

Sales - Project-Wide213 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
1 Sep 2026	2 Bed	Park Gate Residence 2 · Floor 8	1,631	2,800,000	1,716	-3.4%	Standard	Standard Sale
21 Aug 2026	1 Bed	Park Gate Residence 2 · Floor 20	994	2,200,000	2,213	+8.2%	Standard	Payment Plan Sale
9 Jul 2026	1 Bed	Park Gate Residence 2 · Floor 20	987	1,650,000	1,671	-7.2%	Standard	Payment Plan Sale

Rentals - Project-Wide294 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
15 Sep 2026	2 Bed	Park Gate Residence 2 · Floor 10	1,571	150,000	95	-	Standard	CERTIFICATE
15 Sep 2026	2 Bed	Park Gate Residence 2 · Floor 17	1,571	155,000	99	-	Premium	CONTRACT
10 Sep 2026	2 Bed	Park Gate Residence 2 · Floor 14	1,631	142,000	87	-	Entry Level	CONTRACT

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 2

Compared with

1 Residences - 1

PIX© PSF

1,829

Rank

—

#1 of 9

Typical price

2.96M

Yield

5.0%

Units

235

407

Sales

Rents

251

686

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
	Park Gate Residence 1 DUBAI REAL ESTATE CORPORATION · Completed	299					24	310
	Park Gate Residences DUBAI REAL ESTATE CORPORATION · Completed	1,067					124	1,186
	1 Residences DUBAI REAL ESTATE CORPORATION · Completed	793					179	1,291
	Park Gate Residence 3 DUBAI REAL ESTATE CORPORATION · Completed	239					43	264
	Park Gate Residence 4 DUBAI REAL ESTATE CORPORATION · Completed	294					49	361
	Al Kifaf DUBAI REAL ESTATE CORPORATION · U/C	4,498					303	2,504
	1 Residences - 2 DUBAI REAL ESTATE CORPORATION · Completed	386					90	605
–	Park Gate Residence 2 DUBAI REAL ESTATE CORPORATION · Completed	235	1,829	Subject	2.96M	5.0%	8	251
	Hyatt Regency Creek Heights Residences DUBAI REAL ESTATE CORPORATION · Completed	447					25	94

Community median 1,916 AED/sqft. All 9 qualifying community peers shown. 1 community project excluded for insufficient recorded sales. 5 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 - 2AED 1,902/sqft
Al KifafAED 1,911/sqft
1 ResidencesAED 1,916/sqft
Park Gate Residence 3AED 1,916/sqft
Park Gate Residence 4AED 1,916/sqft
Park Gate ResidencesAED 1,924/sqft

Common questions about Park Gate Residence 2

Answered from Dubai Land Department registered transactions.

How much does a property in Park Gate Residence 2 cost?

Property in Park Gate Residence 2 sells at a current PIX© price of AED 1,784 per sqft, or about AED 2,772,866 for a typical unit, based on 213 sales registered with the Dubai Land Department.

Is Park Gate Residence 2 completed?

Yes. Park Gate Residence 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Park Gate Residence 2?

Park Gate Residence 2 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 2?

Park Gate Residence 2 yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 294 registered Ejari contracts.

How many units are in Park Gate Residence 2?

Park Gate Residence 2 holds 235 registered units, per the Dubai Land Department unit register.

Have prices in Park Gate Residence 2 gone up or down?

Price per sqft has risen +6.4% over the last 12 months, to AED 1,784, across 213 registered sales.