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4-bed · 10,837 sqftPark Gate Residences 1, Al Kifaf · 27th floor · completed 2020

2702, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 22 August 2022
Last soldAED 17M22 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2702, Park Gate Residences 1

What is 2702 worth today?

Last sold for AED 17,000,000 in 2022

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22 Aug 2022Sold by developerReady
AED 17,000,000AED 1,568 per sqft

Source: Dubai Land Department. Updated 22 August 2022.

Key facts

Type
4-bed apartment
Size
10,837 sqft
Floor
27th of 27
Parking
AB2-070, AB2-071, AB2-072
Developer
Wasl
Completed
2020
Last sold
AED 17M · August 2022
Building
Park Gate Residences 1

About 2702, Park Gate Residences 1

2702 is a four-bedroom apartment of 10,837 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 22 August 2022 for AED 17,000,000, or AED 1,568 per sqft.

No rental contract for the unit is registered on Ejari.

4-beds in Park Gate Residences 1, and where 2702 sits

All 2 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
4 Oct 202113,659,777
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
27014-bedAED 13.66M · Oct 2021

2702, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 22 August 2022 for AED 17,000,000, or AED 1,568 per sqft.

Source: Dubai Land Department. Updated 22 August 2022.

Questions about 2702, Park Gate Residences 1

What did unit 2702 last sell for?

AED 17,000,000 on 22 August 2022, sold by the developer: AED 1,568 per sqft for 10,837 sqft. It is the only registered sale of the unit.

How big is unit 2702?

10,837 sqft (1006.8 sqm): a four-bedroom apartment on the 27th floor of a 27-storey tower completed in 2020.

What is unit 2702 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 2702, Park Gate Residences 1

Starts from the last sale price (AED 17M, 22 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 17,000,000
Deposit, UAE resident (20%)
AED 3,400,000
Deposit, non-resident (40%)
AED 6,800,000
Monthly over 25 years at 3.7%
AED 69,552

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