2-bed · 1,571 sqftPark Gate Residences 4, Al Kifaf · 10th floor · completed 2020

1001, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 2.36M14 May 2018
Current rentAED 160K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Park Gate Residences 4

What is 1001 worth today?

Last sold for AED 2,360,000 in 2018

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1 Dec 2025RentedRenewal
AED 160,000/yr12 months · AED 102 per sqft
1 Dec 2024RentedNew contract
AED 160,000/yr12 months · AED 102 per sqft
7 Aug 2024RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft
7 Aug 2023RentedRenewal
AED 130,000/yr12 months · AED 83 per sqft
7 Aug 2022RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft
1 Aug 2021RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft
14 May 2018Sold by developerOff-plan
AED 2,360,000AED 1,502 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
10th of 27
Parking
B2-088
Developer
Wasl
Completed
2020
Last sold
AED 2.36M · May 2018

About 1001, Park Gate Residences 4

1001 is a two-bedroom apartment of 1,571 sqft on the 10th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 14 May 2018 for AED 2,360,000, or AED 1,502 per sqft, 25% above the AED 1,198 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 160,000 a year: a gross yield of 6.8% on the 2018 price.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Park Gate Residences 4
2M3M2018202120242027Typical sale price by year: 2018 AED 1,897,000; 2019 AED 1,999,000; 2020 AED 1,877,000; 2021 AED 1,914,000; 2022 AED 2,370,777; 2023 AED 2,400,000; 2024 AED 2,485,000; 2025 AED 3,000,000; 2026 AED 2,800,000Sold by developer, May 2018: AED 2,360,000 (AED 1,502 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Park Gate Residences 4
100K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 110,000; 2023 AED 118,000; 2024 AED 133,500; 2025 AED 145,000; 2026 AED 140,000New contract, August 2021: AED 95,000 a yearNew contract, August 2022: AED 130,000 a yearRenewal, August 2023: AED 130,000 a yearNew contract, August 2024: AED 130,000 a yearNew contract, December 2024: AED 160,000 a yearRenewal, December 2025: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park Gate Residences 4, and where 1001 sits

All 108 2-beds →

1001 last sold in May 2018 at AED 1,502 per sqft, 25% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,198). Over the last 12 months two-beds sold for AED 2,525,000 to 3,450,000, around AED 1,799 per sqft, and rent for AED 80,000 to 180,000 a year. 1001's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,725,000
11 Sep 20263,000,000
11 Sep 20263,025,000
7 Aug 20262,525,000
12 2-bed sales in the last 12 months

Park Gate Residences 4

Building

207 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 16 sold in the last 12 months.

Typical price per sqft
AED 1,826 Down 5.1%
Typical sale
AED 2.8M
Typical rent
AED 135K /yr
Typical yield
5.3%
Park Gate Residences 4, Al Kifaf: prices, sales and rents →

Other units on the 10th floor

All 207 units in Park Gate Residences 4
Value
10021-bedAED 1.95M · Dec 2024
10032-bedAED 2.05M · Aug 2021
10042-bedAED 1.82M · Feb 2021
10052-bedAED 2.1M · Sep 2021
10062-bedAED 2.75M · Feb 2026
10071-bedAED 1.38M · Mar 2018
10082-bedAED 2.03M · Aug 2022
1–7 of 9

1001, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 14 May 2018 for AED 2,360,000, or AED 1,502 per sqft.
  • Rented since August 2021 on 6 Ejari contracts, from AED 95,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 6.8%.
  • Two-beds in Park Gate Residences 4 sold for AED 2,525,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,826 per sqft.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 1001, Park Gate Residences 4

What did unit 1001 last sell for?

AED 2,360,000 on 14 May 2018, sold by the developer: AED 1,502 per sqft for 1,571 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 160,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 160,000; the unit has been rented since August 2021.

How big is unit 1001?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2020.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Gate Residences 4 sold for AED 2,525,000 to 3,450,000 in the last 12 months, around AED 1,799 per sqft.

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Mortgage on 1001, Park Gate Residences 4

Starts from the last sale price (AED 2.36M, 14 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,360,000
Deposit, UAE resident (20%)
AED 472,000
Deposit, non-resident (40%)
AED 944,000
Monthly over 25 years at 3.7%
AED 9,655

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