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Ready building · Wasl

Park Gate Residences 1, Al Kifaf

Highlights

Park Gate Residences 1 at a glance

About Park Gate Residences 1

Park Gate Residences 1 is a mixed-use building in Al Kifaf, Dubai, developed by Wasl. It holds about 299 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, 5-bedroom apartments, commercial units.

The building was completed in 2020 and has been in use for about 6 years. 8 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,876 per sq ft.

Park Gate Residences 1 is one of 11 buildings in Al Kifaf: 6 are complete and 5 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Kifaf, Dubai
  • Developed by Wasl
  • Completed in Q4 2020
  • Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, 5 Beds, Commercial
  • Sizes from 50 to 10,840 sq ft
  • Service charge from AED 22.07 per sq ft
  • Al Jafiliya metro station 0.4 km away
Status
Ready
Developer
Wasl
Location
Al Kifaf, Dubai
Completed
Q4 2020
Unit types
1 Bed, 2 Beds, 3 Beds, 4 Beds, 5 Beds, Commercial
Prices from
AED 1.4M
Median price per sq ft
AED 1,876
Median gross yield
5.5%
Service charge
AED 22.07 per sq ft (2026)
Nearest metro
Al Jafiliya, 0.4 km

Photos of Park Gate Residences 1

Building details

Inside Park Gate Residences 1

Properties in Park Gate Residences 1

1-bedroom apartments in Park Gate Residences 1

There are about 44 of these in Park Gate Residences 1, from 990 sq ft. They have recently sold for a median of AED 2.0M, or AED 1,990 per sq ft.

2-bedroom apartments in Park Gate Residences 1

There are about 108 of these in Park Gate Residences 1, from 1,480 to 2,280 sq ft. They have recently sold for a median of AED 3.0M, or AED 1,890 per sq ft. Owners who resold made a median 7% over what they paid.

3-bedroom apartments in Park Gate Residences 1

There are about 50 of these in Park Gate Residences 1, from 1,970 to 2,590 sq ft. They have recently sold for a median of AED 4.2M, or AED 1,950 per sq ft. Owners who resold made a median 3% over what they paid.

4-bedroom apartments in Park Gate Residences 1

There are about 4 of these in Park Gate Residences 1, from 3,160 to 10,840 sq ft. None has sold recently enough to quote a price.

5-bedroom apartments in Park Gate Residences 1

There are about 1 of these in Park Gate Residences 1, from 4,360 sq ft. None has sold recently enough to quote a price.

Commercial units in Park Gate Residences 1

There are about 92 of these in Park Gate Residences 1, from 50 to 2,040 sq ft. None has sold recently enough to quote a price.

Unit types in Park Gate Residences 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed44990 sqft92 sqmtAED 2MAED 105K
2 Beds1081,480 sqft137.5 sqmt – 2,280 sqft211.8 sqmtAED 3MAED 150K
3 Beds501,970 sqft183 sqmt – 2,590 sqft240.6 sqmtAED 4.2M–
4 Beds43,160 sqft293.6 sqmt – 10,840 sqft1,007.1 sqmtNo recent salesAED 400K
5 Beds14,360 sqft405.1 sqmtNo recent sales–
Commercial9250 sqft4.6 sqmt – 2,040 sqft189.5 sqmtNo recent sales–

Recent transactions in Park Gate Residences 1

  • Park Gate Residences 1

    Al Kifaf

    AED 2M

    AED 1,962 /sqftAED 21,119 /sqmt

    ReadyApartment
    994 sqft92.3 sqmt1 BedOwner26 Oct 2026

  • Park Gate Residences 1

    Al Kifaf

    AED 3.4M

    AED 2,110 /sqftAED 22,712 /sqmt

    ReadyApartment
    1,611 sqft149.7 sqmt2 BedsOwner1 Oct 2026

  • Park Gate Residences 1

    Al Kifaf

    AED 4.1M

    AED 1,896 /sqftAED 20,408 /sqmt

    ReadyApartment
    2,163 sqft200.9 sqmt3 BedsOwner25 Sept 2026

  • Park Gate Residences 1

    Al Kifaf

    AED 3M

    AED 1,947 /sqftAED 20,957 /sqmt

    ReadyApartment
    1,554 sqft144.4 sqmt2 BedsOwner11 Aug 2026

  • Park Gate Residences 1

    Al Kifaf

    AED 4.3M

    AED 2,002 /sqftAED 21,549 /sqmt

    ReadyApartment
    2,163 sqft200.9 sqmt3 BedsOwner11 Aug 2026

  • Park Gate Residences 1

    Al Kifaf

    AED 2M

    AED 2,026 /sqftAED 21,808 /sqmt

    ReadyApartment
    987 sqft91.7 sqmt1 BedOwner15 Dec 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.8M

    AED 1,683 /sqftAED 18,116 /sqmt

    ReadyApartment
    1,634 sqft151.8 sqmt2 BedsOwner27 Nov 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 3M

    AED 1,836 /sqftAED 19,763 /sqmt

    ReadyApartment
    1,634 sqft151.8 sqmt2 BedsOwner18 Nov 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.7M

    AED 1,678 /sqftAED 18,062 /sqmt

    ReadyApartment
    1,609 sqft149.5 sqmt2 BedsOwner1 Oct 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 1.8M

    AED 1,761 /sqftAED 18,955 /sqmt

    ReadyApartment
    994 sqft92.3 sqmt1 BedOwner11 Aug 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 3.4M

    AED 2,131 /sqftAED 22,938 /sqmt

    ReadyApartment
    1,572 sqft146 sqmt2 BedsOwner8 Aug 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.3M

    AED 2,305 /sqftAED 24,811 /sqmt

    ReadyApartment
    987 sqft91.7 sqmt1 BedOwner19 Jun 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 4M

    AED 1,849 /sqftAED 19,902 /sqmt

    ReadyApartment
    2,163 sqft200.9 sqmt3 BedsOwner4 Jun 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.2M

    AED 1,383 /sqftAED 14,886 /sqmt

    ReadyApartment
    1,555 sqft144.5 sqmt2 BedsOwner27 May 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.8M

    AED 1,798 /sqftAED 19,354 /sqmt

    ReadyApartment
    1,557 sqft144.7 sqmt2 BedsOwner30 Apr 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2M

    AED 2,010 /sqftAED 21,635 /sqmt

    ReadyApartment
    995 sqft92.4 sqmt1 BedOwner28 Apr 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.9M

    AED 1,855 /sqftAED 19,967 /sqmt

    ReadyApartment
    1,555 sqft144.5 sqmt2 BedsOwner24 Apr 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2M

    AED 2,035 /sqftAED 21,905 /sqmt

    ReadyApartment
    995 sqft92.4 sqmt1 BedOwner16 Apr 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.6M

    AED 1,562 /sqftAED 16,813 /sqmt

    ReadyApartment
    1,633 sqft151.7 sqmt2 BedsOwner27 Mar 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 2.8M

    AED 1,729 /sqftAED 18,611 /sqmt

    ReadyApartment
    1,634 sqft151.8 sqmt2 BedsOwner28 Feb 2025

  • Park Gate Residences 1

    Al Kifaf

    AED 400K/yr

    ApartmentNew contract
    4,099 sqft380.8 sqmt4 Bedsto

  • Park Gate Residences 1

    Al Kifaf

    AED 150K/yr

    ApartmentNew contract
    1,572 sqft146 sqmt2 Bedsto

  • Park Gate Residences 1

    Al Kifaf

    AED 135K/yr

    ApartmentRenewal
    1,572 sqft146 sqmt2 Bedsto

  • Park Gate Residences 1

    Al Kifaf

    AED 105K/yr

    ApartmentRenewal
    987 sqft91.7 sqmt1 Bedto

  • Park Gate Residences 1

    Al Kifaf

    AED 160K/yr

    ApartmentNew contract
    1,611 sqft149.7 sqmt2 Bedsto

Every sale in Park Gate Residences 1Every rent contract in Park Gate Residences 1

Service charges in Park Gate Residences 1

The 2026 service charge in Park Gate Residences 1 is AED 22.07 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 328 a year.

Service charges in Park Gate Residences 1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 22.07990 sqft92 sqmtAED 21,849 – AED 21,849
2 Beds Apartment (2026)AED 22.071,480 sqft137.5 sqmt – 2,280 sqft211.8 sqmtAED 32,664 – AED 50,320
3 Beds Apartment (2026)AED 22.071,970 sqft183 sqmt – 2,590 sqft240.6 sqmtAED 43,478 – AED 57,161
4 Beds Apartment (2026)AED 22.073,160 sqft293.6 sqmt – 10,840 sqft1,007.1 sqmtAED 69,741 – AED 239,239
5 Beds Apartment (2026)AED 22.074,360 sqft405.1 sqmtAED 96,225 – AED 96,225

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Park Gate Residences 1

Transportation near Park Gate Residences 1

The nearest Dubai Metro station from Park Gate Residences 1 is Al Jafiliya (red line, 0.4 km, about 5 min walk), then ADCB (red line, 1.3 km, about 5 min drive). Stations planned on new lines nearby include Al Satwa Road (golden line, 2.2 km, about 6 min drive) and Al Satwa near Satwa Bus Station (golden line, 2.2 km, about 6 min drive).

  • Al JafiliyaRed line · 0.4 km · about 5 min walk
  • ADCBRed line · 1.3 km · about 5 min drive
  • World Trade CentreRed line · 1.3 km · about 5 min drive
  • Al Satwa RoadGolden line · 2.2 km · about 6 min drive
  • Al Satwa near Satwa Bus StationGolden line · 2.2 km · about 6 min drive
  • Oud MethaGreen line · 2.4 km · about 7 min drive

Shopping and groceries near Park Gate Residences 1

The closest is Lamcy Plaza, 1.4 km from Park Gate Residences 1 (about 5 min drive).

  • Lamcy PlazaShopping Mall · 1.4 km · about 5 min drive
  • Lulu Hypermarket / Al Karama, DubaiSupermarket · 1.4 km · about 5 min drive
  • West Zone Supermarket / Al Arti Plaza, KaramaSupermarket · 1.9 km · about 6 min drive
  • Burjuman MallShopping Mall · 2.2 km · about 6 min drive
  • Al Maya / Satwa (Near Bus Station)Supermarket · 2.3 km · about 7 min drive

Restaurants and hotels near Park Gate Residences 1

The closest is The H Hotel, 0.9 km from Park Gate Residences 1 (about 11 min walk).

  • The H HotelHotel · 0.9 km · about 11 min walk
  • Jumeirah Living World Trade Centre Residence, Suites And Hotel ApartmentsHotel · 0.9 km · about 11 min walk
  • Novotel World Trade Centre DubaiHotel · 1 km · about 12 min walk
  • Al Faris 3 Hotel ApartmentsHotel · 1.3 km · about 5 min drive
  • Fairmont DubaiHotel · 1.4 km · about 5 min drive

Hospitals and clinics near Park Gate Residences 1

The closest is American Hospital Dubai, 1.8 km from Park Gate Residences 1 (about 6 min drive).

  • American Hospital DubaiHospital · 1.8 km · about 6 min drive
  • Belhoul European HospitalHospital · 2 km · about 6 min drive
  • Amrita Medical CentreHospital · 2.1 km · about 6 min drive
  • International Modern HospitalHospital · 2.1 km · about 6 min drive
  • Al Rafa HospitalHospital · 2.3 km · about 7 min drive

Parks and leisure near Park Gate Residences 1

The closest is Zabeel Park, 0.6 km from Park Gate Residences 1 (about 7 min walk).

  • Zabeel ParkPark · 0.6 km · about 7 min walk
  • Creekside ParkPark · 3.6 km · about 9 min drive
  • Safa ParkPark · 7.2 km · about 16 min drive
  • Jumeirah Beach ParkPark · 7.2 km · about 16 min drive
  • Dubai Bowling CentreSports Academy · 7.6 km · about 17 min drive

Schools near Park Gate Residences 1

The nearest is The Apple International Community School, 1.4 km away. Ratings are the KHDA's latest inspection grades.

  • The Apple International Community SchoolUK · KHDA: Acceptable · 1.4 km
  • Ambassador SchoolIndian · KHDA: Very good · 1.5 km
  • DEWA AcademyMinistry of Education/BTEC · KHDA: Not inspected due to COVID 19 · 1.9 km
  • Lycee Francais InternationalFrench · KHDA: Outstanding · 1.9 km
  • Himayah School For Education Girls - Al KaramaMinistry of Education · KHDA: Acceptable · 2 km
  • Al Rashid Al Saleh Private SchoolMinistry of Education · KHDA: Good · 2 km

Other buildings in Al Kifaf

Al Kifaf has 11 buildings. A few others to compare Park Gate Residences 1 with:

All 11 Al Kifaf buildings →

Things to consider about Park Gate Residences 1

In its favour

  • Al Jafiliya metro station is within walking distance.
  • Owners who resold have made money: a median gain of up to 7%.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 22.07 per sq ft are on the higher side for Dubai.

Specialists

Brokers who know Park Gate Residences 1

These brokers handle sales and lettings in Park Gate Residences 1 and can tell you what is available now.

FAQs

Park Gate Residences 1: questions answered

Park Gate Residences 1 was developed by Wasl in Al Kifaf.

Park Gate Residences 1 is completed in Q4 2020.

Across its 20 most recent registered sales, Park Gate Residences 1 sold for a median of AED 1,876 per sq ft and AED 2.8M per unit.

Recent yearly contracts in Park Gate Residences 1 have a median rent of AED 150.0K.

The median gross yield on recently sold units in Park Gate Residences 1 is 5.5%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Park Gate Residences 1 is AED 22.07 per sq ft a year, as registered with the Dubai Land Department.

Park Gate Residences 1 has 1 Bed (990 sq ft), 2 Beds (1,480 to 2,280 sq ft), 3 Beds (1,970 to 2,590 sq ft), 4 Beds (3,160 to 10,840 sq ft), 5 Beds (4,360 sq ft), Commercial (50 to 2,040 sq ft).

Al Jafiliya is about 0.4 km from Park Gate Residences 1.

The nearest schools include The Apple International Community School (1.4 km), Ambassador School (1.5 km), DEWA Academy (1.9 km).

Buying, selling or renting in Park Gate Residences 1?

A broker who works Al Kifaf will tell you what is available and what comparable homes went for.

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