Park Gate Residences 1 Launch Prices
Off-plan in Wasl 1 · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
104 developer launch sales registered at Park Gate Residences 1 between Feb 2018 and Dec 2020: 100% apartments, most commonly 2-bed units, typically around 1,615 sqft.
Bed mix: 1-bed 10% · 2-bed 63% · 3-bed 27%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Park Gate Residences 1, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2018 Q1 | 22 | AED 1,290 |
| 2018 Q2 | 34 | AED 1,247 |
| 2018 Q3 | 3 | AED 1,327 |
| 2018 Q4 | 4 | AED 1,571 |
| 2019 Q1 | 5 | AED 1,260 |
| 2019 Q3 | 1 | AED 1,356 |
| 2019 Q4 | 19 | AED 1,550 |
| 2020 Q1 | 4 | AED 1,265 |
| 2020 Q2 | 2 | AED 1,655 |
| 2020 Q3 | 8 | AED 1,545 |
| 2020 Q4 | 2 | AED 1,225 |
Launch vs Resale
Park Gate Residences 1 also has 28 ready-market resales registered with the DLD, the first on 17 June 2021 - 40 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Resale prices and recent transactions at Park Gate Residences 1 →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Wasl 1
Off-plan in Wasl 1
Compare this project with every other off-plan launch registered in Wasl 1, or see the community's resale market.
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