Park Gate Residences 1
Wasl 1
- Ready
Sales
- Sales in the last 12 months
- 7
- to 21 Oct 2026
- Median price per sqft
- AED 1,947
- over those 7 sales
- Latest sale
- 1 Oct 2026
Prices
- Fair value per sqft
- AED 1,922
- range AED 1,732 to 2,112, from comparable sales (newest 1 Oct 2026)
- Price of a typical 2BR
- AED 2.80M
- median of 43 sales over 3 years
Rents
- Gross rental yield
- 5.3%
- from its project's rent contracts (leases are registered per project)
- Yearly rents
- AED 90K to 1.00M
- its newest 30 rent contracts at most, every unit type
The building
- Developer
- PARK 1 L.L.C
- Completed
- 2020
- Units
- 191
- Dubai Land Department records
- Service charge
- AED 22.7 per sqft a year
- typical against similar buildings
- Estimated occupancy
- about 55–65%
- an estimate from registered leases, not a count
Retail plan
What the full analysis adds for Park Gate Residences 1
In outline here: the figures are on the paid page.
Decide
the building's rating, with its confidence and reasons (not advice)
Evidence
fair value, liquidity, supply and sales evidence, and what could break the rating
Unit-level
one card per bedroom type: fair value, sales and rents
- 1BR
- 2BR
- 3BR+
Provenance
the comparable sales and rents behind each figure, and how far to trust them
Also: where it sits among its community's buildings, the range past price changes support from here (never a forecast), and a PDF report with an Excel export. Where the data is too thin for a figure, the full analysis says so.