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4-bed · 10,829 sqftPark Gate Residences 1, Al Kifaf · 27th floor · completed 2020

2701, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 4 October 2021
Last soldAED 13.66M4 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2701, Park Gate Residences 1

What is 2701 worth today?

Last sold for AED 13,659,777 in 2021

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4 Oct 2021Sold by developerReady
AED 13,659,777AED 1,261 per sqft

Source: Dubai Land Department. Updated 4 October 2021.

Key facts

Type
4-bed apartment
Size
10,829 sqft
Floor
27th of 27
Parking
AB2-082, AB2-083, AB2-084
Developer
Wasl
Completed
2020
Last sold
AED 13.66M · October 2021
Building
Park Gate Residences 1

About 2701, Park Gate Residences 1

2701 is a four-bedroom apartment of 10,829 sqft on the 27th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 4 October 2021 for AED 13,659,777, or AED 1,261 per sqft.

No rental contract for the unit is registered on Ejari.

4-beds in Park Gate Residences 1, and where 2701 sits

All 2 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
22 Aug 202217,000,000
0 4-bed sales in the last 12 months

Park Gate Residences 1

Building

204 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 8 sold in the last 12 months.

Typical price per sqft
AED 1,953
Typical sale
AED 3.01M
Typical rent
AED 155K /yr
Typical yield
5.1%
Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 27th floor

All 204 units in Park Gate Residences 1
Value
27024-bedAED 17M · Aug 2022

2701, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 4 October 2021 for AED 13,659,777, or AED 1,261 per sqft.

Source: Dubai Land Department. Updated 4 October 2021.

Questions about 2701, Park Gate Residences 1

What did unit 2701 last sell for?

AED 13,659,777 on 4 October 2021, sold by the developer: AED 1,261 per sqft for 10,829 sqft. It is the only registered sale of the unit.

How big is unit 2701?

10,829 sqft (1006.0 sqm): a four-bedroom apartment on the 27th floor of a 27-storey tower completed in 2020.

What is unit 2701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2701, Park Gate Residences 1

Starts from the last sale price (AED 13.66M, 4 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 13,659,777
Deposit, UAE resident (20%)
AED 2,731,955
Deposit, non-resident (40%)
AED 5,463,911
Monthly over 25 years at 3.7%
AED 55,886

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →