Park Gate Residence 1
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
What Bur Dubai rents for, and what this building yields, below.
McCone Properties
Managing Partner
Renting in Park Gate Residence 1? Our team can walk you through what these numbers mean for you.
- Community
- Bur Dubai
- Nearest metro
- Max Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2021 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2018 — an off-plan sale
- Sales on record
- 277 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 37% — 103 bought off-plan from the developer, 174 resales of a completed home
Every recorded sale in Park Gate Residence 1 — prices, sizes and the year it was handed over →
Living in Bur Dubai — the area guide →
What a home in Park Gate Residence 1 returns on its rent — the yield calculator →
The area, not the building
Recorded rents in Bur Dubai
The register does not name Park Gate Residence 1 on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from Bur Dubai. The full Bur Dubai rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| 1 B/R | 105,000 | 103,585 | 105,000 | 105,000 | 111 | 232 |
| 2 B/R | 150,000 | 149,208 | 150,000 | 150,000 | 100 | 353 |
| 3 B/R | 220,000 | 220,333 | 225,000 | 210,000 | 102 | 26 |
A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.
Rent against price
Gross yield in Park Gate Residence 1
The rent per square foot a year recorded across Bur Dubai, over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 1 B/R | 111 | Bur Dubai · 232 | 1,794 | 6.2% |
| 2 B/R | 100 | Bur Dubai · 353 | 1,799 | 5.6% |
| 3 B/R | 102 | Bur Dubai · 26 | 1,975 | 5.2% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Nearby
What else to look at in Bur Dubai
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Avenue Park Towers Anewest | 303 | 2025 | 2,348 |
| Avenue Park Towers Bnewest | 182 | 2025 | 2,196 |
| Park Views Residences A | 613 | 2024 | 2,059 |
| Park Views Residences B | 497 | 2023 | 1,972 |
| Al Kifaf 1 Residences - 2 | 436 | 2022 | 1,842 |
| Al Kifaf 1 Residences - 1 | 453 | 2022 | 1,777 |
| Park Gate Residence 2 | 214 | 2019 | 1,495 |
| Park Gate Residence 4 | 311 | 2018 | 1,406 |
| Park Gate Residence 3 | 229 | 2018 | 1,365 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into Park Gate Residence 1? Ejari, the DEWA move-in and your Makani number, explained.