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Building · Transactions · 2022

Park Gate Residences 1 Property Transactions 2022

74 property sales worth ⃃ 190.91M were registered in Park Gate Residences 1 in 2022, 105.6% higher than 2021 by number of sales. The median sale price was ⃃ 2,135,777 and the median price per square foot ⃃ 1,599 (+16.9% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 74 salesUpdated: 15 Nov 2026
Property sales
74
+105.6% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 190.91M
+89.7% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,135,777
−0.5% vs 2021
74 sales
Median price per sq ft
⃃ 1,599
+16.9% vs 2021
74 sales

What types of property sold in Park Gate Residences 1 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments74100%⃃ 190.91M⃃ 2,135,777⃃ 1,599

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)6283.8%⃃ 161.58M⃃ 2,128,277⃃ 1,610
Resale (secondary)1216.2%⃃ 29.33M⃃ 2,266,004⃃ 1,514
Ready74100%⃃ 190.91M⃃ 2,135,777⃃ 1,599

How many rental contracts were registered in Park Gate Residences 1 in 2022?

56 rental contracts (new and renewed) were registered in Park Gate Residences 1 in 2022, at a median annual rent of ⃃ 110,000 (+22.2% on 2021). Rental yields in Park Gate Residences 1

What were the most expensive property sales in Park Gate Residences 1 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/08/2022Park Gate Residences 14 beds · Apartment10,837 sq ft⃃ 17,000,000Primary · Ready
02/03/2022Park Gate Residences 15 beds · Apartment4,359 sq ft⃃ 7,150,777Primary · Ready
11/04/2022Park Gate Residences 13 beds · Apartment2,060 sq ft⃃ 4,176,455Resale · Ready
06/04/2022Park Gate Residences 13 beds · Apartment2,060 sq ft⃃ 3,796,777Primary · Ready
20/07/2022Park Gate Residences 13 beds · Apartment2,060 sq ft⃃ 3,632,777Primary · Ready
20/07/2022Park Gate Residences 13 beds · Apartment2,060 sq ft⃃ 3,561,777Primary · Ready
28/06/2022Park Gate Residences 13 beds · Apartment2,155 sq ft⃃ 3,300,000Resale · Ready
25/07/2022Park Gate Residences 13 beds · Apartment2,155 sq ft⃃ 3,270,777Primary · Ready
20/07/2022Park Gate Residences 13 beds · Apartment2,155 sq ft⃃ 3,256,777Primary · Ready
20/07/2022Park Gate Residences 13 beds · Apartment2,155 sq ft⃃ 3,246,777Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
15/12/2022Park Gate Residences 12 beds · Apartment1,554 sq ft⃃ 2,325,000Resale · Ready
14/12/2022Park Gate Residences 11 bed · Apartment993 sq ft⃃ 1,751,408Resale · Ready
10/11/2022Park Gate Residences 11 bed · Apartment987 sq ft⃃ 1,622,777Primary · Ready
06/10/2022Park Gate Residences 11 bed · Apartment995 sq ft⃃ 2,050,000Resale · Ready
24/08/2022Park Gate Residences 12 beds · Apartment1,572 sq ft⃃ 2,696,777Resale · Ready
22/08/2022Park Gate Residences 14 beds · Apartment10,837 sq ft⃃ 17,000,000Primary · Ready
12/08/2022Park Gate Residences 11 bed · Apartment987 sq ft⃃ 1,608,777Primary · Ready
11/08/2022Park Gate Residences 12 beds · Apartment1,635 sq ft⃃ 2,127,777Primary · Ready
09/08/2022Park Gate Residences 12 beds · Apartment1,634 sq ft⃃ 2,154,777Primary · Ready
02/08/2022Park Gate Residences 12 beds · Apartment1,572 sq ft⃃ 2,696,777Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/park-gate-residences-1/2022
Park Gate Residences 1 Property Transactions 2022. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/park-gate-residences-1/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Park Gate Residences 1 in 2022?
74 property sales worth ⃃ 190,906,044 were registered in Park Gate Residences 1 in 2022. That is 105.6% higher than 2021.
What was the median property price in Park Gate Residences 1 in 2022?
The median sale price was ⃃ 2,135,777 and the median price per square foot ⃃ 1,599 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Park Gate Residences 1 were off-plan or from developers?
Developer (primary) sales were 83.8% of the 74 sales and resales 16.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/park-gate-residences-1/2022