Building · Bur Dubai
Properties for rent in Park Gate Residence 2
Nothing for rent in Park Gate Residence 2 with McCone right now. What Bur Dubai rents for, and what this building yields, below.
Every recorded sale in Park Gate Residence 2 — prices, sizes and the year it was handed over →
The area, not the building
Recorded rents in Bur Dubai
The register does not name Park Gate Residence 2 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 | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| 1 B/R | 105,000 | 106,500 | 103,000 | 113 | 247 |
| 2 B/R | 150,000 | 155,000 | 150,000 | 102 | 344 |
| 3 B/R | 222,500 | 232,500 | 205,000 | 104 | 28 |
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 2
Bur Dubai's recorded rent per square foot a year 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 |
|---|---|---|---|---|
| 2 B/R | 102 | Bur Dubai · 344 | 1,777 | 5.7% |
| 1 B/R | 113 | Bur Dubai · 247 | 1,819 | 6.2% |
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.
