Market bulletin · Thu, 22 Oct 2026
Park Gate Residences 1: 2 sales worth AED 7.50M in 30 days
Park Gate Residences 1 recorded 2 sales worth AED 7.50M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Al Kifaf, Park Gate Residences 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Al Wasl Properties.
Leases registered in the last three months had a median annual rent of AED 148K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 1,636 |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 0 | 0 | 1 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 7.50M | — | — |
| Last 3 months | 3 | — | AED 10.5M | — | — |
| Last 6 months | 3 | up 50.0% | AED 10.5M | — | — |
| Last 12 months | 5 | down 81.5% | AED 15.5M | 1,947 | up 16.0% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 5 | 100% | AED 3.02M | 1,947 | up 16.0% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 1 | 20% | — | — | — |
| 2 bedrooms | 3 | 60% | — | — | — |
| 3 bedrooms | 1 | 20% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 5 | 100% | AED 3.02M | 1,947 | up 16.0% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 121K |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 70
- New leases
- 54.3%
- Median rent 3M
- AED 148K
- Rent/sqft 3M
- AED 95
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 11 | AED 105K | — | 107 |
| 2 BR | 33 | AED 155K | AED 155K | 96 |
Competing projects in Al Kifaf
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Avenue Park 1Al Wasl Properties | 77 | 2,250 | — |
| Avenue Park 2Al Wasl Properties | 51 | 2,269 | — |
| Park Views Residences BAl Wasl Properties | 29 | 1,986 | — |
| 1 Residences by Wasl Tower 1Al Wasl Properties | 26 | 2,028 | — |
| Park Views Residences at Wasl 1Al Wasl Properties | 25 | 2,086 | — |
| Avenue Park Towers II | 21 | 2,298 | — |
| 1 Residences by Wasl Tower 2Al Wasl Properties | 19 | 1,949 | — |
| Park Gate Residences 4Al Wasl Properties | 11 | 1,800 | — |
| Avenue Park Towers 2 - Tower AWasl Properties | 8 | 2,267 | — |
| Park Gate Residences 3Al Wasl Properties | 7 | 1,934 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.10M | 3 BR Apartment · 2,163 sqftPark Gate Residences 1 · Al Kifaf | 25 Sept |
| AED 3.40M | 2 BR Apartment · 1,611 sqftPark Gate Residences 1 · Al Kifaf | 1 Oct |
| AED 3.02M | 2 BR Apartment · 1,554 sqftPark Gate Residences 1 · Al Kifaf | 11 Aug |
Questions about Park Gate Residences 1
How many properties were sold in Park Gate Residences 1 in the last year?
5 sales worth AED 15.5M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Park Gate Residences 1?
The median annual rent on leases registered in the last three months was AED 148K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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