Building · Transactions · 2023

Park Gate Residences 2 Property Transactions 2023

14 property sales worth ⃃ 33.46M were registered in Park Gate Residences 2 in 2023, 87.4% lower than 2022 by number of sales. The median sale price was ⃃ 2,285,000 and the median price per square foot ⃃ 1,679 (+17.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 14 salesUpdated: 18 Oct 2026
Property sales
14
−87.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 33.46M
−86.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,285,000
+4.4% vs 2022
14 sales
Median price per sq ft
⃃ 1,679
+17.2% vs 2022
14 sales

What types of property sold in Park Gate Residences 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 33.46M⃃ 2,285,000⃃ 1,679

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)321.4%⃃ 6.81M⃃ 1,868,777⃃ 1,880
Resale (secondary)1178.6%⃃ 26.65M⃃ 2,285,000⃃ 1,610
Ready14100%⃃ 33.46M⃃ 2,285,000⃃ 1,679

How many rental contracts were registered in Park Gate Residences 2 in 2023?

54 rental contracts (new and renewed) were registered in Park Gate Residences 2 in 2023, at a median annual rent of ⃃ 125,500 (+5.5% on 2022). Rental yields in Park Gate Residences 2

What were the most expensive property sales in Park Gate Residences 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/10/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,145,777Primary · Ready
03/10/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,145,777Resale · Ready
25/07/2023Park Gate Residences 22 beds · Apartment2,043 sq ft⃃ 3,049,179Resale · Ready
11/09/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,000,000Resale · Ready
01/08/2023Park Gate Residences 22 beds · Apartment1,632 sq ft⃃ 2,750,000Resale · Ready
26/06/2023Park Gate Residences 22 beds · Apartment2,057 sq ft⃃ 2,700,000Resale · Ready
16/06/2023Park Gate Residences 22 beds · Apartment1,548 sq ft⃃ 2,285,000Resale · Ready
07/02/2023Park Gate Residences 22 beds · Apartment1,554 sq ft⃃ 2,285,000Resale · Ready
21/09/2023Park Gate Residences 22 beds · Apartment1,554 sq ft⃃ 2,176,777Resale · Ready
11/12/2023Park Gate Residences 21 bed · Apartment987 sq ft⃃ 2,000,777Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
11/12/2023Park Gate Residences 21 bed · Apartment987 sq ft⃃ 2,000,777Resale · Ready
09/10/2023Park Gate Residences 21 bed · Apartment987 sq ft⃃ 1,791,777Primary · Ready
08/10/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,145,777Primary · Ready
06/10/2023Park Gate Residences 21 bed · Apartment994 sq ft⃃ 1,868,777Primary · Ready
05/10/2023Park Gate Residences 21 bed · Apartment994 sq ft⃃ 1,600,000Resale · Ready
03/10/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,145,777Resale · Ready
21/09/2023Park Gate Residences 22 beds · Apartment1,554 sq ft⃃ 2,176,777Resale · Ready
11/09/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,000,000Resale · Ready
01/08/2023Park Gate Residences 22 beds · Apartment1,632 sq ft⃃ 2,750,000Resale · Ready
25/07/2023Park Gate Residences 22 beds · Apartment2,043 sq ft⃃ 3,049,179Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/park-gate-residences-2/2023
Park Gate Residences 2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-gate-residences-2/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Park Gate Residences 2 in 2023?
14 property sales worth ⃃ 33,458,841 were registered in Park Gate Residences 2 in 2023. That is 87.4% lower than 2022.
What was the median property price in Park Gate Residences 2 in 2023?
The median sale price was ⃃ 2,285,000 and the median price per square foot ⃃ 1,679 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Park Gate Residences 2 were off-plan or from developers?
Developer (primary) sales were 21.4% of the 14 sales and resales 78.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-gate-residences-2/2023