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Park Gate Residences, Al Kifaf (Wasl 1): rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 98 sales and 574 rent contracts in Park Gate Residences, Al Kifaf (Wasl 1). A 2-bed apartment sold for a median AED 2.90M and rented for AED 150K a year: a gross yield of 5.2%. The Al Kifaf (Wasl 1) median for the same home type is 5.6% (last 12 months).

See every Park Gate Residences sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
1-bed apartmentAED 1.94M1,9585.6%26
2-bed apartmentAED 2.90M1,8165.2%64
3-bed apartmentAED 4.20M1,9435.0%7

Rent guide: what tenants pay in Park Gate Residences

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
1-bed apartmentAED 109KAED 9,083AED 100K – AED 115KAED 110KAED 105K157
2-bed apartmentAED 150KAED 12KAED 139K – AED 160KAED 155KAED 143K360
3-bed apartmentAED 210KAED 18KAED 186K – AED 235KAED 220KAED 195K44
4-bed apartmentAED 700KAED 58KAED 375K – AED 1.64MAED 700K—8
5-bed apartmentAED 550KAED 46KAED 536K – AED 550KAED 536K—5

Price and rent trend

Median sale price per sq ft (AED), by month
1,6001,8002,0002,200Oct 2024Aug 2025Sep 2026 1,896Oct 2024: AED 1,716 per sq ftNov 2024: AED 1,943 per sq ftDec 2024: AED 1,986 per sq ftJan 2025: AED 1,744 per sq ftFeb 2025: AED 1,854 per sq ftMar 2025: AED 1,879 per sq ftApr 2025: AED 1,799 per sq ftMay 2025: AED 1,818 per sq ftJun 2025: AED 1,921 per sq ftAug 2025: AED 2,131 per sq ftOct 2025: AED 1,816 per sq ftNov 2025: AED 1,905 per sq ftDec 2025: AED 2,015 per sq ftFeb 2026: AED 1,774 per sq ftMar 2026: AED 2,013 per sq ftApr 2026: AED 1,856 per sq ftJul 2026: AED 1,859 per sq ftAug 2026: AED 1,974 per sq ftSep 2026: AED 1,896 per sq ft
Show as table
MonthAED per sq ft
Oct 20241,716
Nov 20241,943
Dec 20241,986
Jan 20251,744
Feb 20251,854
Mar 20251,879
Apr 20251,799
May 20251,818
Jun 20251,921
Aug 20252,131
Oct 20251,816
Nov 20251,905
Dec 20252,015
Feb 20261,774
Mar 20262,013
Apr 20261,856
Jul 20261,859
Aug 20261,974
Sep 20261,896
Median annual rent per sq ft (AED), by month
8090100110Oct 2024Oct 2025Oct 2026 90Oct 2024: AED 96 per sq ft / yearNov 2024: AED 97 per sq ft / yearDec 2024: AED 96 per sq ft / yearJan 2025: AED 96 per sq ft / yearFeb 2025: AED 100 per sq ft / yearMar 2025: AED 106 per sq ft / yearApr 2025: AED 95 per sq ft / yearMay 2025: AED 96 per sq ft / yearJun 2025: AED 99 per sq ft / yearJul 2025: AED 101 per sq ft / yearAug 2025: AED 92 per sq ft / yearSep 2025: AED 103 per sq ft / yearOct 2025: AED 105 per sq ft / yearNov 2025: AED 102 per sq ft / yearDec 2025: AED 98 per sq ft / yearJan 2026: AED 100 per sq ft / yearFeb 2026: AED 99 per sq ft / yearMar 2026: AED 102 per sq ft / yearApr 2026: AED 101 per sq ft / yearMay 2026: AED 96 per sq ft / yearJun 2026: AED 94 per sq ft / yearJul 2026: AED 96 per sq ft / yearAug 2026: AED 89 per sq ft / yearSep 2026: AED 95 per sq ft / yearOct 2026: AED 90 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 202496
Nov 202497
Dec 202496
Jan 202596
Feb 2025100
Mar 2025106
Apr 202595
May 202596
Jun 202599
Jul 2025101
Aug 202592
Sep 2025103
Oct 2025105
Nov 2025102
Dec 202598
Jan 2026100
Feb 202699
Mar 2026102
Apr 2026101
May 202696
Jun 202694
Jul 202696
Aug 202689
Sep 202695
Oct 202690

More in Al Kifaf (Wasl 1)

1 Residences, Al Kifaf (Wasl 1) overview

Quick answers

What is the rental yield in Park Gate Residences?

The median gross rental yield for a 2-bed apartment in Park Gate Residences, Al Kifaf (Wasl 1) is 5.2%, based on DLD records for the 24 months to 5 October 2026.

How much does a 2-bed apartment in Park Gate Residences cost?

The median sale price was AED 2.90M (AED 1,816 per sq ft) in the 24 months to 5 October 2026.