4-bed · 4,502 sqftPark Gate Residences 2, Al Kifaf · 3rd floor · completed 2020

V1, Park Gate Residences 2

Sold prices and rental history: sold once, by the developer in September 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit V1 · DLD and Ejari recordsUpdated 3 September 2020

Last soldAED 6.52M3 September 2020

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Today's valuefree after one verification

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Property timeline for V1, Park Gate Residences 2

Today

What is V1 worth today?

Last sold for AED 6,524,777 in 2020

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3 Sep 2020

3 Sep 2020Sold by developerOff-plan

AED 6,524,777AED 1,449 per sqft

Source: Dubai Land Department. Updated 3 September 2020.

Key facts

Type: 4-bed apartment
Size: 4,502 sqft
Floor: 3rd of 20
Parking: AB3-027, AB3-028, AB3-029
Developer: Wasl
Completed: 2020
Last sold: AED 6.52M · September 2020
Building: Park Gate Residences 2

About V1, Park Gate Residences 2

V1 is a four-bedroom apartment of 4,502 sqft on the 3rd floor of Park Gate Residences 2, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 3 September 2020 for AED 6,524,777, or AED 1,449 per sqft.

No rental contract for the unit is registered on Ejari.

4-beds in Park Gate Residences 2, and where V1 sits

All 2 4-beds →

Park Gate Residences 2 · all types1,840 /sqft

Recent 4-bed sales	Unit no.	Size	Price (AED)	Per sqft	Summary
12 Sep 201912 September 2019		3,649 sqft	4,800,000	1,315

0 4-bed sales in the last 12 months

Park Gate Residences 2

Building

163 apartments, 1-bed to 4-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 12 sold in the last 12 months.

Typical price per sqft: AED 1,840 Up 3.5%
Typical sale: AED 2.83M
Typical rent: AED 148K /yr
Typical yield: 5.2%

Park Gate Residences 2, Al Kifaf: prices, sales and rents →

Other units on the 3rd floor

All 163 units in Park Gate Residences 2


301	1-bed	920 sqft	AED 1.26MAED 1,256,777 · Jun 2025June 2025	110,000 /yr
V4	4-bed	3,649 sqft	AED 4.8MAED 4,800,000 · Sep 2019September 2019
V6	3-bed	3,972 sqft	AED 5.22MAED 5,221,777 · May 2021May 2021	273,187 /yr

V1, Park Gate Residences 2 in numbers

Sold once: by Wasl on 3 September 2020 for AED 6,524,777, or AED 1,449 per sqft.

Source: Dubai Land Department. Updated 3 September 2020.

Questions about V1, Park Gate Residences 2

What did unit V1 last sell for?

AED 6,524,777 on 3 September 2020, sold by the developer: AED 1,449 per sqft for 4,502 sqft. It is the only registered sale of the unit.

How big is unit V1?

4,502 sqft (418.2 sqm): a four-bedroom apartment on the 3rd floor of a 20-storey tower completed in 2020.

What is unit V1 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 V1, Park Gate Residences 2

Starts from the last sale price (AED 6.52M, 3 September 2020). Switch to today's estimate once you have unlocked it.

Price: AED 6,524,777
Deposit, UAE resident (20%): AED 1,304,955
Deposit, non-resident (40%): AED 2,609,911
Monthly over 25 years at 3.7%: AED 26,695

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