Distress Property, Ready To Move In, Vacant

Best Deal | 1-Bedroom Vacant in Park Gate Residence | Al Wasl | Dubai | AED 1,600,000 | Lowest on Property Finder

Ref: PKGT-AW-1BR-987-001

Wasl Asset Management Group

Al Wasl, United Arab Emirates

Bedrooms

1

Down Payment

On Request

Handover Date

Ready — Immediate Transfer
aed 1,600,000
Request_call
Description

Best Deal: 1-Bedroom Vacant Apartment in Park Gate Residence, Al Wasl, Dubai | AED 1,600,000 | Lowest on Property Finder

Spacious 1-Bedroom in Park Gate Residence, Al Wasl — AED 1,600,000 | Lowest on Property Finder | AED 400,000 Below Market | Vacant & Ready

This is the best deal currently available for a 1-bedroom apartment in Park Gate Residence, Al Wasl — and the lowest listed price for this unit type on Property Finder at the time of this listing. Spanning a generous 987 sq ft with a community view, this vacant and unfurnished apartment is ready for immediate transfer at AED 1,600,000 — while comparable units in the same building are actively listed at AED 2,000,000, representing an immediate market saving of AED 400,000 for the buyer. Al Wasl is one of Dubai’s most established and sought-after residential addresses — positioned between the Jumeirah beachside corridor, Safa Park, and City Walk — offering a rare combination of residential tranquility, urban connectivity, and proximity to Dubai’s premier lifestyle destinations. Whether you are an investor targeting a high-demand central Dubai rental asset at exceptional value, or an owner-occupier seeking a spacious 1-bedroom in a prime Al Wasl address, this listing is the most competitive in the market. Move fast — at this price, it will not stay available. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Property Highlights

  • Project: Park Gate Residence
  • Community: Al Wasl, Dubai, United Arab Emirates
  • Property Type: 1-Bedroom Apartment
  • Internal Size: 987 sq ft
  • View: Community View
  • Furnishing: Unfurnished
  • Vacancy: Vacant — Ready for Immediate Transfer
  • Asking Price: AED 1,600,000
  • Market Comparable (Property Finder): AED 2,000,000
  • Buyer Saving vs Market: AED 400,000 below current Property Finder listings
  • Status: Ready | Vacant | Best Deal | Lowest Price on Property Finder
  • Floor Level: Available on request
  • Parking: Available on request
  • Developer: Available on request
  • Ownership Type: Freehold — open to all nationalities

Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

About Park Gate Residence, Al Wasl

Park Gate Residence is a premium residential building located in Al Wasl — one of Dubai’s most prestigious, established, and centrally connected residential districts, situated along the Jumeirah corridor between Safa Park, City Walk, and the Dubai Water Canal. Al Wasl is a community characterised by wide tree-lined streets, low-density residential living, and an exceptional quality-of-life offering that places it among the most consistently in-demand rental and ownership addresses in Dubai. Park Gate Residence itself is a well-regarded building within this sought-after neighbourhood, offering residents the dual advantage of a peaceful residential setting and immediate access to Dubai’s finest dining, retail, leisure, and cultural experiences. A 987 sq ft one-bedroom in this building at AED 1,600,000 — against current Property Finder listings at AED 2,000,000 — represents one of the sharpest value opportunities in Al Wasl’s current market. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Community & Lifestyle

  • Al Wasl is one of Dubai’s most established and prestigious residential districts, highly sought after by professionals, families, and long-term residents for its central location and quality of life.
  • Directly adjacent to Safa Park — one of Dubai’s largest and most beloved green parks — offering residents immediate access to jogging, cycling, and outdoor leisure within the neighbourhood.
  • Walking distance or a short drive to City Walk, Dubai’s premier open-air lifestyle and retail destination with world-class dining, retail, and entertainment.
  • Proximity to the Dubai Water Canal and its waterfront promenade, cycling tracks, and Tolerance Bridge adds a scenic and active lifestyle dimension to daily life in Al Wasl.
  • Close to Jumeirah Beach, La Mer, and Kite Beach — some of Dubai’s most popular public beaches — within 10–15 minutes by car.
  • The Al Wasl corridor is home to a concentration of Dubai’s finest independent restaurants, boutique cafés, galleries, and specialty retail, reflecting the neighbourhood’s cosmopolitan and discerning character.
  • A perpetually high-demand rental community with strong occupancy, low vacancy, and consistent rental growth driven by professionals and families working in DIFC, Business Bay, and Downtown Dubai.

Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Amenities

  • Swimming pool
  • Fully equipped gymnasium
  • Landscaped communal areas and gardens
  • 24-hour building security
  • Covered resident parking (details available on request)
  • High-speed passenger elevators
  • Children’s play area
  • Building reception and lobby
  • Proximity to Safa Park, City Walk, Dubai Water Canal, and Jumeirah Beach

Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Layout & Floor Plan

This 1-bedroom apartment spans 987 sq ft — a notably generous footprint for a one-bedroom unit in Dubai’s mid-market, providing a level of internal space that most comparable 1-bedroom units in the city cannot match at this price point. The layout is expected to feature a well-proportioned open-plan living and dining area, a fully fitted kitchen, a spacious master bedroom with built-in wardrobes, a bathroom, and balcony access with community views. At 987 sq ft, residents enjoy a comfortable, liveable day-to-day environment that appeals equally to single professionals, couples, and investors who understand that generous floor areas command rental premiums in the Al Wasl market. The unfurnished condition provides the incoming buyer complete flexibility to personalise the space to their taste or furnish to a rental specification. A detailed floor plan for this specific 1-bedroom unit in Park Gate Residence, Al Wasl — including exact room dimensions, balcony area, and unit orientation — is available on request. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Payment & Handover

This is a fully ready, vacant, and immediately transferable secondary market property. There is no payment plan or handover date to wait for — the unit is complete, unoccupied, and can be transferred through the Dubai Land Department upon agreement. At AED 1,600,000, this is the lowest listed price for a 1-bedroom apartment in Park Gate Residence on Property Finder at the time of this listing, with comparable units in the building actively marketed at AED 2,000,000. Standard buyer costs on a ready secondary market transaction in Dubai include a 4% Dubai Land Department (DLD) transfer fee on the purchase price, applicable trustee and registration fees, and agency commission. A building NOC fee may apply. A full, itemised cost breakdown for this specific transaction is available on request. Given the pricing differential and the level of interest this listing is expected to generate, early offer submission is strongly advised. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Location & Connectivity

  • Safa Park: Walking distance — directly adjacent to the Al Wasl community
  • City Walk: Approximately 5–8 minutes by car or reachable on foot
  • Dubai Water Canal / Canal Walk: Approximately 5–10 minutes by car
  • DIFC (Dubai International Financial Centre): Approximately 10–12 minutes by car
  • Downtown Dubai / Burj Khalifa: Approximately 10–15 minutes by car
  • Business Bay: Approximately 10–12 minutes by car
  • Jumeirah Beach / La Mer / Kite Beach: Approximately 10–15 minutes by car
  • Dubai International Airport (DXB): Approximately 20–25 minutes by car
  • Dubai Marina / JBR: Approximately 20–25 minutes by car
  • Key Roads: Al Wasl Road, Jumeirah Road, and Sheikh Zayed Road (E11) are all easily accessible, providing fast emirate-wide connectivity

Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Why This is the Best Deal in Park Gate Residence, Al Wasl

  • Lowest Price on Property Finder — AED 400,000 Below Market: At AED 1,600,000 against active comparable listings at AED 2,000,000, this is unambiguously the best-priced 1-bedroom in Park Gate Residence on the open market — verified against live Property Finder data at the time of listing.
  • Vacant — Zero Waiting, Immediate Income or Occupation: A vacant ready unit in one of Dubai’s most consistently in-demand rental communities means an investor can generate rental income from day one, or an owner-occupier can move in the moment the transfer is completed.
  • 987 Sq Ft — Oversized 1-Bedroom: At 987 sq ft, this unit is significantly larger than the Dubai average for a 1-bedroom apartment, commanding rental and resale premiums over smaller competing units and providing a tangible quality-of-life advantage.
  • Al Wasl — Perpetual Demand, Low Vacancy: Al Wasl is one of Dubai’s most consistently rented neighbourhoods, driven by proximity to DIFC, Downtown, and the Jumeirah corridor. High-quality 1-bedroom units in this community rarely stay vacant for long, supporting strong yield performance and low re-letting risk.
  • Unfurnished — Full Flexibility: An unfurnished unit gives the buyer complete freedom to furnish to their own specification — whether for personal occupation or professional rental fit-out — without paying a premium for a seller’s furniture choices.
  • City Walk and Safa Park Proximity: The lifestyle premium of walking distance access to City Walk and Safa Park is genuinely scarce in Dubai’s residential market and is a consistent driver of above-average rental demand and tenant quality in Al Wasl.
  • Freehold — All Nationalities: Open to all nationalities, ensuring a broad pool of future buyers and tenants to support strong exit liquidity and year-round rental demand.

Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Frequently Asked Questions (FAQs)

What is the asking price, and why is it below the market rate?

The asking price is AED 1,600,000 — the lowest listed price for a 1-bedroom apartment in Park Gate Residence on Property Finder at the time of this listing. Comparable units in the same building are actively listed at AED 2,000,000, representing a saving of AED 400,000 for the buyer. The seller is motivated to transact at the best available market price, creating an exceptional buying opportunity in one of Dubai’s most desirable residential addresses. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Is this property ready to move in, and when can I take possession?

Yes. This is a fully completed, vacant, and immediately transferable ready unit. There is no handover date to wait for — possession can be taken on the same day that the Dubai Land Department transfer is completed. The property is unfurnished and available for immediate occupation or tenancy without any waiting period. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Who is the developer of Park Gate Residence?

Developer information for Park Gate Residence in Al Wasl is available on request. Please contact us and we will provide the full building credentials, service charge history, and developer background for your due diligence. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

What is the size and layout of this 1-bedroom apartment?

The apartment spans 987 sq ft — a notably generous size for a 1-bedroom unit in Dubai, significantly above the market average for this configuration. The expected layout includes an open-plan living and dining area, a fitted kitchen, a spacious master bedroom with built-in wardrobes, a bathroom, and balcony access with community views. A detailed floor plan with exact room dimensions and balcony specifications is available on request. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

What view and floor level does this unit offer?

This apartment offers a community view — a pleasant, residential outlook over the surrounding Al Wasl neighbourhood. The exact floor number and unit orientation are available on request. Please contact us for the full unit details and floor plan. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Can non-UAE nationals purchase this apartment in Al Wasl?

Yes. Park Gate Residence in Al Wasl is a freehold development fully open to all nationalities. Non-UAE nationals can purchase, own, sell, lease, and inherit the property under Dubai’s freehold real estate laws, with no residency requirement to complete the transaction. Al Wasl is a fully designated freehold zone for international buyers. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

What amenities are available in Park Gate Residence and the Al Wasl area?

Park Gate Residence offers a swimming pool, a fully equipped gymnasium, landscaped communal areas, 24-hour building security, covered resident parking, high-speed elevators, and a children’s play area. The broader Al Wasl neighbourhood provides direct access to Safa Park, City Walk, the Dubai Water Canal promenade, Jumeirah Beach, La Mer, Kite Beach, and an outstanding concentration of independent dining, boutique retail, and leisure options within minutes. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

What are the purchase and transfer costs for this ready unit?

Standard buyer costs for a ready secondary market transaction include a 4% Dubai Land Department (DLD) transfer fee on the purchase price of AED 1,600,000, applicable trustee and registration fees, a building NOC fee, and agency commission. A full itemised cost breakdown for this specific transaction is available on request. We recommend reviewing this before proceeding to ensure complete clarity on total acquisition cost. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

What rental yield can I expect from this 1-bedroom in Park Gate Residence, Al Wasl?

Al Wasl is one of Dubai’s most consistently high-performing rental sub-markets, driven by year-round demand from professionals working in DIFC, Business Bay, Downtown Dubai, and the Jumeirah corridor. A generously sized 987 sq ft 1-bedroom with community views in a well-maintained Al Wasl building commands strong rental rates, supported by low vacancy and high-quality tenant profiles. At an entry price of AED 1,600,000, the implied gross yield is particularly compelling relative to the asking rents achievable in this sub-market. Indicative rental income figures and a rental market assessment specific to this unit are available on request through our leasing team. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

How do I arrange a viewing or receive the full property details?

A detailed floor plan, exact unit measurements, full cost breakdown, building credentials, and service charge history for this 1-bedroom apartment in Park Gate Residence, Al Wasl are all available on request. The unit is vacant and viewings can be arranged promptly at your convenience. Please contact us immediately via the enquiry form or WhatsApp. At AED 1,600,000 — AED 400,000 below current market listings — this opportunity will not remain available for long. Act now. Best Deal in Al Wasl | Lowest on Property Finder | Vacant | Ready to Move In.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

24-hour Security
24-hour Security
Balcony
Balcony
Children Play Area
Children Play Area
City Walk Proximity
City Walk Proximity
Community View
Community View
Covered Parking
Covered Parking
Dubai Water Canal Proximity
Dubai Water Canal Proximity
Gym
Gym
kids play area
kids play area
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
Ready to Move In
Ready to Move In
RETAIL OUTLETS
RETAIL OUTLETS
Safa Park Proximity
Safa Park Proximity
Shared Gym
Shared Gym
Shared Pool
Shared Pool
Swimming Pool
Swimming Pool
Unfurnished
Unfurnished
Vacant
Vacant

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