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Building · Transactions · 2024

Park Gate Residences 1 Property Transactions 2024

22 property sales worth ⃃ 65.72M were registered in Park Gate Residences 1 in 2024, unchanged from 2023 by number of sales. The median sale price was ⃃ 2,675,000 and the median price per square foot ⃃ 1,787 (+9.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 22 salesUpdated: 15 Nov 2026
Property sales
22
0.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 65.72M
+20.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,675,000
+11.5% vs 2023
22 sales
Median price per sq ft
⃃ 1,787
+9.0% vs 2023
22 sales

What types of property sold in Park Gate Residences 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22100%⃃ 65.72M⃃ 2,675,000⃃ 1,787

How were 2024 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)522.7%⃃ 11.8M⃃ 1,791,777⃃ 1,814
Resale (secondary)1777.3%⃃ 53.92M⃃ 2,800,000⃃ 1,773
Ready22100%⃃ 65.72M⃃ 2,675,000⃃ 1,787

How many rental contracts were registered in Park Gate Residences 1 in 2024?

77 rental contracts (new and renewed) were registered in Park Gate Residences 1 in 2024, at a median annual rent of ⃃ 140,000 (+10.6% on 2023). Rental yields in Park Gate Residences 1

What were the most expensive property sales in Park Gate Residences 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/12/2024Park Gate Residences 15 beds · Apartment4,359 sq ft⃃ 11,880,000Resale · Ready
22/02/2024Park Gate Residences 13 beds · Apartment2,060 sq ft⃃ 4,300,000Resale · Ready
06/06/2024Park Gate Residences 13 beds · Apartment2,060 sq ft⃃ 4,300,000Resale · Ready
18/07/2024Park Gate Residences 13 beds · Apartment1,967 sq ft⃃ 4,250,000Resale · Ready
22/01/2024Park Gate Residences 13 beds · Apartment2,060 sq ft⃃ 4,000,000Resale · Ready
26/09/2024Park Gate Residences 12 beds · Apartment2,280 sq ft⃃ 3,674,777Primary · Ready
12/09/2024Park Gate Residences 12 beds · Apartment1,572 sq ft⃃ 3,100,000Resale · Ready
27/09/2024Park Gate Residences 12 beds · Apartment1,571 sq ft⃃ 3,000,000Resale · Ready
26/03/2024Park Gate Residences 12 beds · Apartment1,635 sq ft⃃ 2,965,777Primary · Ready
21/06/2024Park Gate Residences 12 beds · Apartment1,609 sq ft⃃ 2,800,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
20/12/2024Park Gate Residences 15 beds · Apartment4,359 sq ft⃃ 11,880,000Resale · Ready
12/11/2024Park Gate Residences 12 beds · Apartment1,554 sq ft⃃ 2,800,000Resale · Ready
08/10/2024Park Gate Residences 12 beds · Apartment1,634 sq ft⃃ 2,151,120Resale · Ready
27/09/2024Park Gate Residences 12 beds · Apartment1,571 sq ft⃃ 3,000,000Resale · Ready
26/09/2024Park Gate Residences 12 beds · Apartment2,280 sq ft⃃ 3,674,777Primary · Ready
12/09/2024Park Gate Residences 12 beds · Apartment1,572 sq ft⃃ 3,100,000Resale · Ready
28/08/2024Park Gate Residences 11 bed · Apartment987 sq ft⃃ 1,791,777Primary · Ready
02/08/2024Park Gate Residences 12 beds · Apartment1,633 sq ft⃃ 2,250,000Resale · Ready
18/07/2024Park Gate Residences 13 beds · Apartment1,967 sq ft⃃ 4,250,000Resale · Ready
26/06/2024Park Gate Residences 12 beds · Apartment1,555 sq ft⃃ 2,550,000Resale · 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 2024 with the whole of 2023.
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-1/2024
Park Gate Residences 1 Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/park-gate-residences-1/2024

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 2024?
22 property sales worth ⃃ 65,724,559 were registered in Park Gate Residences 1 in 2024. That is unchanged from 2023.
What was the median property price in Park Gate Residences 1 in 2024?
The median sale price was ⃃ 2,675,000 and the median price per square foot ⃃ 1,787 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Park Gate Residences 1 were off-plan or from developers?
Developer (primary) sales were 22.7% of the 22 sales and resales 77.3%. 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-1/2024