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Asking price against DLD sales of comparable units near Park Gate Residences
Asking prices from the catalogue; sold prices from the Dubai Land Department
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DLD-registered sales in Park Gate Residences
| Date | Building | Size | Price | AED/sq ft |
|---|---|---|---|---|
| 3 Jun 2026 | PARK GATE RESIDENCES 4 | 1,557 sq ft | AED 2.8M | 1,799 |
| 19 May 2026 | PARK GATE RESIDENCES 2 | 1,633 sq ft | AED 2.8M | 1,715 |
| 4 May 2026 | PARK GATE RESIDENCES 3 | 1,633 sq ft | AED 2.95M | 1,807 |
| 29 Apr 2026 | PARK GATE RESIDENCES 2 | 1,630 sq ft | AED 2.4M | 1,472 |
| 1 Apr 2026 | PARK GATE RESIDENCES 4 | 1,611 sq ft | AED 3.45M | 2,142 |
| 1 Apr 2026 | PARK GATE RESIDENCES 2 | 1,616 sq ft | AED 3M | 1,856 |
| 30 Mar 2026 | PARK GATE RESIDENCES 3 | 1,571 sq ft | AED 3.3M | 2,101 |
| 23 Mar 2026 | PARK GATE RESIDENCES 4 | 1,634 sq ft | AED 2.78M | 1,699 |
DLD sales transactions · Park Gate Residences · Feb 2026 – Jun 2026
Area trend for Al Kifaf
| Jun 2025 | AED 2,240/sq ft |
|---|---|
| Aug 2025 | AED 2,218/sq ft |
| Sep 2025 | AED 2,259/sq ft |
| Oct 2025 | AED 2,087/sq ft |
| Nov 2025 | AED 2,268/sq ft |
| Dec 2025 | AED 2,245/sq ft |
| Apr 2026 | AED 2,179/sq ft |
| May 2026 | AED 2,282/sq ft |
DLD sales transactions · Al Kifaf · monthly medians · Jun 2025 – May 2026
Al Kifaf
No nearby places on record for Al Kifaf yet.
Open in Google MapsPark Gate Residences is nothing short of a landmark addition to the Dubai skyline. Serving as the inaugural phase of the monumental wasl1 master development, this completed luxury project is strategically located in the highly coveted district of Al Kifaf. Developed by the esteemed Wasl, Park Gate Residences comprises four spectacular high-rise towers (A, B, C, and D) that stand as the literal gateway between the rich heritage of "Old Dubai" (Deira and Bur Dubai) and the ultra-modern skyline of Downtown Dubai and the DIFC. By seamlessly integrating the vibrancy of urban living with the tranquility of nature, this development offers an unparalleled living experience for the city's elite professionals and affluent families.
The defining characteristic—and the primary draw—of Park Gate Residences is its immediate proximity and orientation toward Zabeel Park. This massive, 47-hectare green oasis acts as the front garden for the residents. The developer has meticulously engineered the four towers to ensure that the maximum number of apartments benefit from sweeping, uninterrupted views of the park's lush canopy and the iconic Dubai Frame. For buyers seeking a ready-to-move-in, ultra-premium property in a hyper-central location, Park Gate Residences offers a rare synthesis of nature, architectural brilliance, and supreme urban convenience.
Park Gate Residences was brought to life by Wasl (formerly Wasl Asset Management Group / Al Wasl Development), a titan in the UAE real estate sector. Established by the Dubai Real Estate Corporation (DREC) to manage the vast real estate assets of the Dubai government, Wasl operates on a scale and with a level of financial security that is virtually unmatched in the region. Their portfolio spans tens of thousands of residential, commercial, and hospitality properties across the emirate.
Choosing a Wasl development comes with distinct and highly powerful advantages. The primary benefit is absolute reliability and uncompromising build quality; the developer has an unparalleled track record of delivering projects that strictly adhere to Dubai's highest building codes. Furthermore, Wasl is famous for its exceptional post-handover property management and facilities maintenance. Unlike buildings that quickly degrade, Wasl properties are known to retain their pristine condition for decades. In Park Gate Residences, they have utilized only the finest materials—from elegant wood and brushed stainless steel finishes to imported marble—ensuring the property is a true legacy asset.
Al Kifaf is a uniquely positioned district in Dubai. It sits precisely at the geographical intersection of the city's historic trading center and its modern financial epicenter. This location offers residents the ultimate lifestyle balance: the peace and greenery of the Zabeel district combined with the high-octane energy of Downtown.
Park Gate Residences is the centerpiece of this area. Living here means having one of Dubai's largest parks as your neighbor. Zabeel Park is not just a visual amenity; it is a lifestyle enhancer, offering extensive jogging tracks, boating lakes, BBQ areas, and the famous Dubai Frame. Furthermore, the development is located just minutes away from major healthcare institutions, international schools, and the bustling retail centers of Karama and Bur Dubai, making it an incredibly self-sufficient and family-friendly environment.
In Dubai, the true value of a luxury property is heavily dictated by its connectivity, and Park Gate Residences excels spectacularly in this regard. It is widely considered one of the most connected residential addresses in the city.
The architectural design of Park Gate Residences is a striking blend of contemporary elegance and functional luxury. The four towers feature clean, modern facades utilizing extensive glass paneling to maximize natural light and capture the stunning park views. The towers are unified by a massive, beautifully landscaped podium level that houses the community's premium amenities.
Internally, the development offers a highly diverse and luxurious unit mix:
The interiors are finished to an exacting standard, featuring elegant wood accents, brushed stainless steel highlights, premium marble countertops in the fully equipped kitchens, and spa-inspired en-suite bathrooms.
Wasl has curated a comprehensive suite of in-house amenities at Park Gate Residences, ensuring that residents enjoy a holistic, resort-style living experience within the heart of the city.
As a fully completed project within a highly prestigious master development, Park Gate Residences represents an incredibly secure, immediate-yield investment. The elimination of off-plan construction risk, combined with Wasl's government backing, makes it a highly attractive asset for conservative investors and end-users alike.
Properties overlooking major green spaces (like Zabeel Park) historically command massive premiums in Dubai, often appreciating significantly faster than standard urban apartments. The central location, literally minutes from the DIFC and Downtown, ensures incredibly high tenant demand from affluent corporate professionals and senior executives. Because Wasl buildings are known to be expertly managed, units in Park Gate Residences experience incredibly low tenant turnover. This translates to consistently high occupancy rates, premium rental income, and exceptionally robust, long-term capital appreciation, cementing its status as a true blue-chip real estate asset.
Park Gate Residences by Wasl is a monumental residential achievement that successfully bridges the gap between urban dynamism and natural tranquility. By offering expansive, luxuriously finished apartments and townhouses overlooking the magnificent Zabeel Park, the developer has created a highly desirable haven for Dubai's elite.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Park Gate Residences by Al Wasl Development in Al Kifaf starts from AED 1,850,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Park Gate Residences offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Park Gate Residences is scheduled for completion in Q4 2020. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Park Gate Residences by Al Wasl Development in Al Kifaf offers strong investment potential. Al Kifaf is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Park Gate Residences is developed by Al Wasl Development, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Park Gate Residences offers world-class amenities including Rooftop Swimming Pool, Rooftop Lawns, Gymnasium, Zabeel Park Views, Near Metro Station and 5 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.