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Park Gate Residences 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Wasl
299
Total Units
204
Sold
⃃ 2,154,300
Median Price
⃃ 1,560
Median Price /sqft
Construction progress: 100% (As of Nov-2020)
Start: Sep, 2017Completion: Nov, 2020

Park Gate Residences 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed44990 sqft - 990 sqft⃃ 2M (1,990 /sqft)⃃ 2,180 /sqft
-8.48
2 Beds1081,480 sqft - 2,280 sqft⃃ 3M (1,890 /sqft)⃃ 2,100 /sqft
-10.13
3 Beds501,970 sqft - 2,590 sqft⃃ 4.2M (1,950 /sqft)⃃ 2,350 /sqft
-17.12
4 Beds43,160 sqft - 10,840 sqft⃃ 2,300 /sqft
5 Beds14,360 sqft - 4,360 sqft

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (14 days) and is excluded from the chart

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
3Apartment, ****222,060 sqft25.26 sqft
4Apartment, ****—3,159 sqft34.86 sqft
4Apartment, ****—4,099 sqft77.85 sqft
Commercial, ****—113 sqft
Commercial, ****—113 sqft
Commercial, ****—113 sqft
Commercial, ****—113 sqft
Commercial, ****—113 sqft
Commercial, ****—113 sqft
Commercial, ****—113 sqft
Commercial, ****—113 sqft
Commercial, ****—52 sqft
Commercial, ****—199 sqft
Commercial, ****—167 sqft
Commercial, ****—154 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment987 sqft13.62 sqft⃃ 1,791,777⃃ 1,815 /sqft28, Aug 2024
1Apartment994 sqft13.67 sqft⃃ 1,588,000⃃ 1,598 /sqft18, Jun 2018
2Apartment1,571 sqft19.42 sqft⃃ 2,600,000⃃ 1,655 /sqft08, Sep 2023
2Apartment1,571 sqft19.42 sqft⃃ 2,455,000⃃ 1,563 /sqft16, Apr 2018
2Apartment1,634 sqft24.09 sqft⃃ 2,117,777⃃ 1,296 /sqft18, May 2022
2Apartment1,633 sqft24.09 sqft⃃ 2,074,777⃃ 1,271 /sqft23, May 2021
2Apartment1,554 sqft12.97 sqft⃃ 2,071,777⃃ 1,333 /sqft23, Jun 2021
2Apartment1,609 sqft14.31 sqft⃃ 2,025,000⃃ 1,259 /sqft08, Apr 2021
2Apartment1,610 sqft14.31 sqft⃃ 1,993,000⃃ 1,238 /sqft22, Mar 2018
2Apartment1,553 sqft12.97 sqft⃃ 1,892,000⃃ 1,218 /sqft05, Mar 2018
1Apartment994 sqft13.67 sqft⃃ 1,800,777⃃ 1,812 /sqft08, May 2023
1Apartment987 sqft13.62 sqft⃃ 1,586,777⃃ 1,608 /sqft18, May 2022
2Apartment1,571 sqft19.42 sqft⃃ 2,466,000⃃ 1,570 /sqft16, Apr 2018
2Apartment1,571 sqft19.42 sqft⃃ 2,466,000⃃ 1,570 /sqft16, Apr 2018
2Apartment1,553 sqft12.97 sqft⃃ 2,350,000⃃ 1,513 /sqft11, Jul 2023

Park Gate Residences 1 Real Estate Data – FAQ

  • What is the current property supply in Park Gate Residences 1?

    Park Gate Residences 1 has approximately 67 completed residential units.

  • How active is the real estate market in Park Gate Residences 1?

    Park Gate Residences 1 recorded 8 property transactions over the last 12 months.

  • What is the average price /sqft in Park Gate Residences 1?

    The median recorded sale price in Park Gate Residences 1 is ⃃ 1,950 /sqft.

  • What rental yield can investors expect in Park Gate Residences 1?

    The gross rental yield in Park Gate Residences 1 is 6%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Park Gate Residences 1?

    The year-over-year median price per square foot change in Park Gate Residences 1 is 5.3%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Park Gate Residences 1?

    Park Gate Residences 1 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Park Gate Residences 1?

    The recorded off-plan pipeline in Park Gate Residences 1 contains 0 units.

  • Is Park Gate Residences 1 a good area for property investment?

    Assess Park Gate Residences 1 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Park Gate Residences 1 is 6%, calculated from median rental income and comparable median sale prices.