Park Gate Residences 2 Launch Prices
Off-plan in Wasl 1 · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
32 developer launch sales registered at Park Gate Residences 2 between Sept 2019 and Oct 2020: 100% apartments, most commonly 2-bed units, typically around 1,619 sqft.
Bed mix: 1-bed 16% · 2-bed 75% · 3-bed 3% · 4+-bed 6%.
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 2, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2019 Q3 | 15 | AED 1,219 |
| 2019 Q4 | 7 | AED 1,322 |
| 2020 Q1 | 2 | AED 1,258 |
| 2020 Q3 | 7 | AED 1,224 |
| 2020 Q4 | 1 | AED 1,447 |
Launch vs Resale
Park Gate Residences 2 also has 10 ready-market resales registered with the DLD, the first on 21 June 2021 - 21 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 2 →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
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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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