Park Gate Residence
Project Overview
Park Gate Residences is a luxury residential development in Wasl 1. The project is located in Al Kifaf neighborhood on the border with one of the largest parks in Dubai Zabeel Park, where the famous Dubai Frame landmark is located. The complex includes four residential skyscrapers, each including connected one ground- and four podium levels. While Tower A and D consist of twenty-eight and Tower B and C of twenty residential floors. The project offers 1-3 bedroom apartments, as well as 4-bedroom penthouses and 3-5 bedroom townhouses located in the podiums. All residences feature spacious terraces. All apartments of Park Gate Residences combine a modern style of interiors and a high level of comfort. Wood, steel and marble are used in the finishes and full-wall panoramic windows offer views of Zabeel Park. The complex has a wide range of facilities and amenities: landscaped areas with seating areas, swimming pool with play area for children, gym with fitness area, children's playgrounds and sports fields. Al Kifaf has everything you need for a comfortable life. Near the complex there are restaurants, children's attractions, a large educational and entertainment center and a huge park. Burj Khalifa and Dubai Mall are 10 minutes away, while Burj Al Arab and Ain Dubai can be reached in 20 minutes.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Wasl.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Al Kifaf
Nearby Destinations
Developer and Project Facts
Park Gate Residence by Wasl
Located in Al Kifaf
Starting from AED 3,093,777
Unit mix includes 2 BR, 3 BR, Apartments
Expected handover: Oct 2020
Official brochure and PDF marketing materials available
Official render/gallery images available
Available for Resale
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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