Project · Transactions · 2023

Park Gate Residences Property Transactions 2023

63 property sales worth ⃃ 150.93M were registered in Park Gate Residences in 2023, 77.4% lower than 2022 by number of sales. The median sale price was ⃃ 2,300,000 and the median price per square foot ⃃ 1,626 (+7.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 63 salesUpdated: 17 Oct 2026
Property sales
63
−77.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 150.93M
−76.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,300,000
+5.5% vs 2022
63 sales
Median price per sq ft
⃃ 1,626
+7.6% vs 2022
63 sales

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

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments63100%⃃ 150.93M⃃ 2,300,000⃃ 1,626

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)812.7%⃃ 20.71M⃃ 1,834,777⃃ 1,815
Resale (secondary)5587.3%⃃ 130.22M⃃ 2,350,000⃃ 1,591
Ready63100%⃃ 150.93M⃃ 2,300,000⃃ 1,626

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

294 rental contracts (new and renewed) were registered in Park Gate Residences in 2023, at a median annual rent of ⃃ 120,000 (+9.1% on 2022). Rental yields in Park Gate Residences

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/05/2023Park Gate Residences 44 beds · Apartment3,160 sq ft⃃ 6,000,000Primary · Ready
19/07/2023Park Gate Residences 43 beds · Apartment2,163 sq ft⃃ 3,850,000Resale · Ready
06/04/2023Park Gate Residences 13 beds · Apartment2,162 sq ft⃃ 3,850,000Resale · Ready
20/03/2023Park Gate Residences 13 beds · Apartment2,155 sq ft⃃ 3,750,000Resale · Ready
06/03/2023Park Gate Residences 43 beds · Apartment2,155 sq ft⃃ 3,663,500Resale · Ready
04/01/2023Park Gate Residences 13 beds · Apartment1,967 sq ft⃃ 3,650,000Resale · Ready
23/06/2023Park Gate Residences 13 beds · Apartment2,155 sq ft⃃ 3,650,000Resale · Ready
03/10/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,145,777Resale · Ready
08/10/2023Park Gate Residences 22 beds · Apartment1,571 sq ft⃃ 3,145,777Primary · Ready
25/07/2023Park Gate Residences 22 beds · Apartment2,043 sq ft⃃ 3,049,179Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
13/12/2023Park Gate Residences 32 beds · Apartment1,616 sq ft⃃ 2,200,000Resale · Ready
11/12/2023Park Gate Residences 21 bed · Apartment987 sq ft⃃ 2,000,777Resale · Ready
03/11/2023Park Gate Residences 42 beds · Apartment1,554 sq ft⃃ 2,650,000Resale · Ready
31/10/2023Park Gate Residences 41 bed · Apartment995 sq ft⃃ 1,840,000Resale · Ready
18/10/2023Park Gate Residences 12 beds · Apartment1,908 sq ft⃃ 3,000,000Resale · Ready
16/10/2023Park Gate Residences 11 bed · Apartment987 sq ft⃃ 2,000,000Resale · Ready
12/10/2023Park Gate Residences 42 beds · Apartment1,554 sq ft⃃ 2,000,000Resale · 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

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/2023
Park Gate Residences Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-gate-residences/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 in 2023?
63 property sales worth ⃃ 150,928,076 were registered in Park Gate Residences in 2023. That is 77.4% lower than 2022.
What was the median property price in Park Gate Residences in 2023?
The median sale price was ⃃ 2,300,000 and the median price per square foot ⃃ 1,626 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Park Gate Residences were off-plan or from developers?
Developer (primary) sales were 12.7% of the 63 sales and resales 87.3%. 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/2023