
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.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Park Gate Residence launch basis | 3,438 | AED 3.09M | Current launch / asking basis |
| Al Kifaf ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Kifaf premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |











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Al Kifaf
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
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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