Park Gate Residences 1, Al Kifaf

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.

• 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

Статус

Готово

Девелопер

Wasl

Местоположение

Al Kifaf, Dubai

Завершено

Q4 2020

Типы объектов

1 Bed, 2 Beds, 3 Beds, 4 Beds, 5 Beds, Commercial

Prices from

AED 1.4M

Медианная цена за sq ft

AED 1,876

Median gross yield

5.5%

Сервисный сбор

AED 22.07 per sq ft (2026)

Nearest metro

Al Jafiliya, 0.4 km

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Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 2.2M to AED 3.4M (1,554 to 1,634 sq ft), across 11 sales
• 1-bedroom apartments: AED 1.8M to AED 2.3M (987 to 995 sq ft), across 6 sales
• 3-bedroom apartments: AED 4.0M to AED 4.3M (2,163 sq ft), across 3 sales

2-bedroom homes in Park Gate Residences 1 were let for AED 135.0K to AED 160.0K a year across 3 recent contracts, with a median of AED 150.0K.

Yearly rents from recent registered contracts, by unit type:

• 2-bedroom apartments: AED 135.0K to AED 160.0K a year (1,572 to 1,611 sq ft), across 3 contracts
• 1-bedroom apartments: AED 105.0K a year (987 sq ft)
• 4-bedroom apartments: AED 400.0K a year (4,099 sq ft)

Every sale in Park Gate Residences 1Every rent contract 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.

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

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

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

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

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

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

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

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

• Готово

  1 Residences - 1

  Al Kifaf · Wasl

  Completed 2022

• Готово

  1 Residences - 2

  Al Kifaf · Wasl

  Completed 2022

• Недвижимость на стадии строительства

  Avenue Park Towers - A

  Al Kifaf · Wasl

  Handover 31 Dec 2028 · 8% built

• Недвижимость на стадии строительства

  Avenue Park Towers - B

  Al Kifaf · Wasl

  Handover 31 Dec 2028 · 8% built

• Недвижимость на стадии строительства

  Nine Collective

  Al Kifaf · Wasl

  Handover 28 Apr 2030 · 0% built

• Готово

  Park Gate Residences 2

  Al Kifaf · Wasl

  Completed 2020