Gallery
Imagery courtesy of Wasl.
The project
About Park Gate Residences
Park Gate Residences is a set of four residential towers at Wasl1 in Al Kifaf, facing Zabeel Park and close to the Dubai Frame.
Launch pricing started between AED 1.49 million and 1.7 million depending on the portal, with a 50/50 structure and a DLD fee waiver offered at launch; current listings range to about AED 4 million.
The towers are complete and marketed as ready to move in.
Payment
Payment plan
50/50 — 50% during construction, 50% on handover
At a glance
Park Gate Residences key facts
- Developer
- Wasl
- Community
- Wasl1
- Status
- Handover soon
- Handover
- Completed (2021)
- Starting price
- AED 1.49M
- Total units
- 746
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom
- Payment plan
- 50/50
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.49M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Park Gate Residences
- 01
Agree the price
Agree terms with the seller of a unit at Park Gate Residences, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Wasl issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Zabeel Park and Dubai Frame outlook
- Central location near Metro
- Large unit sizes
What to weigh
- Pricing and plan details vary by source
- Resale only
- Dense urban setting
FAQ
Park Gate Residences — frequently asked questions
What is the starting price of Park Gate Residences?
Published pricing at Park Gate Residences starts from AED 1.49M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Park Gate Residences?
Park Gate Residences is scheduled for handover in Completed (2021). Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Park Gate Residences?
50/50 — 50% during construction, 50% on handover
Who is the developer of Park Gate Residences?
Park Gate Residences is developed by Wasl in Wasl1, Dubai.
What unit types are available at Park Gate Residences?
Park Gate Residences offers 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom across 746 units.
Where is Park Gate Residences located?
Park Gate Residences is in Wasl1, Dubai.
Can foreigners buy at Park Gate Residences?
Yes. Wasl1 is a freehold area, so buyers of any nationality can own property at Park Gate Residences outright.
Does buying at Park Gate Residences qualify for the UAE Golden Visa?
The entry price of AED 1.49M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Park Gate Residences?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 60K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Park Gate Residences?
MRK Real Estate advises on primary purchases and resales at Park Gate Residences. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Wasl before any transaction.
