Wasl

Park Gate Residences

Al Kifaf · 2 BR · Ref. PSQ-OP-652

From
AED 3.34M
Payment plan
10/90 Payment plan
Completed
Oct 2020
Bedrooms
2 BR

About this development

This ready 2-bedroom, 3-bathroom apartment at Park Gate Residences offers 1,552 sq ft in Wasl1, Al Kifaf, next to Zabeel Park, priced from AED 3,336,777 (about AED 2,150 per sq ft).

Park Gate Residences is a completed Wasl development in the Wasl1 community. The Dubai Land Department lists it as project 1957 (Park 1 L.L.C), with 764 units: 746 homes (156 one-bedroom, 466 two-bedroom, 104 three-bedroom, 16 four-bedroom and 4 five-bedroom) and 18 commercial units, completed in Q4 2020. Agency pages describe four towers joined by landscaped podiums, with podium townhouses and penthouses among the larger homes.

The towers sit beside Zabeel Park and the Dubai Frame, about a 10-minute walk from Max Fashion (formerly Al Jafiliya) metro station on the Red Line. Agency pages give drive times of about 5 minutes to Sheikh Zayed Road, DIFC and Dubai World Trade Centre, and around 10 minutes to Downtown Dubai and Dubai International Airport. Facilities include rooftop pools and lawns, a fitness club, children's play areas and shops in the building.

A ready two-bedroom with three bathrooms suits a family or professional couple who want to move in now beside one of Dubai's largest central parks.

How does the price compare with Al Kifaf? Registered sales in Al Kifaf had a median of AED 2,179 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 209 sales). At about AED 2,150 per sq ft, this unit is in line with that median.

What rental yield can investors expect in Al Kifaf? The median annual rent was AED 140,000, a gross yield of about 4.7% over the same period (Dubai Land Department, 461 Ejari contracts in Al Kifaf). Actual returns depend on the unit, floor and current market conditions.

The building is complete, so you can view the unit before buying. Our feed lists a 10/90 payment plan for this ready unit; contact Platinum Square to confirm the terms and arrange a viewing.

Amenities

Pets Allowed
Kids Play Area

Floor plan

Floor plan for Park Gate Residences, Al Kifaf