1-bed · 994 sqftPark Gate Residences 4, Al Kifaf · 10th floor · completed 2020

1002, Park Gate Residences 4

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.95M23 December 2024
Current rentAED 100K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Park Gate Residences 4

What is 1002 worth today?

Last sold for AED 1,950,000 in 2024

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1 Sep 2026RentedRenewal
AED 100,000/yr12 months · AED 101 per sqft
1 Sep 2025RentedNew contract
AED 110,000/yr12 months · AED 111 per sqft
5 Feb 2025RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
5 Feb 2025RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
23 Dec 2024SoldReady
AED 1,950,000AED 1,961 per sqft
10 Jul 2023RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
17 Jun 2022RentedNew contract
AED 89,000/yr12 months · AED 90 per sqft
15 Jul 2021RentedNew contract
AED 68,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
10th of 27
Parking
B2-044
Developer
Wasl
Completed
2020
Last sold
AED 1.95M · December 2024

About 1002, Park Gate Residences 4

1002 is a one-bedroom apartment of 994 sqft on the 10th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 23 December 2024 for AED 1,950,000, or AED 1,961 per sqft, in line with the AED 1,923 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 100,000 a year: a gross yield of 5.1% on the 2024 price.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Park Gate Residences 4
1.5M1.75M2M20182020202220242026Typical sale price by year: 2018 AED 1,490,500; 2021 AED 1,526,889; 2022 AED 1,577,889; 2023 AED 1,550,000; 2024 AED 1,912,500; 2025 AED 1,975,000Sold by developer, February 2018: AED 1,527,000 (AED 1,535 per sqft)Sold, December 2024: AED 1,950,000 (AED 1,961 per sqft)

1002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Park Gate Residences 4
75K100K2021202320252027Typical rent by year: 2021 AED 68,000; 2022 AED 77,419; 2023 AED 95,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 102,500New contract, July 2021: AED 68,000 a yearNew contract, June 2022: AED 89,000 a yearNew contract, July 2023: AED 115,000 a yearNew contract, February 2025: AED 115,000 a yearNew contract, February 2025: AED 115,000 a yearNew contract, September 2025: AED 110,000 a yearRenewal, September 2026: AED 100,000 a year

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

1-beds in Park Gate Residences 4, and where 1002 sits

All 44 1-beds →

1002 last sold in December 2024 at AED 1,961 per sqft, in line with what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,923). Over the last 12 months one-beds sold for AED 2,005,500 to 2,200,000, around AED 2,121 per sqft, and rent for AED 80,000 to 115,000 a year. 1002's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Mar 20262,005,500
24 Dec 20252,200,000
31 Oct 20251,900,000
15 Oct 20251,830,000
2 1-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
10012-bedAED 2.36M · May 2018
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

1002, Park Gate Residences 4 in numbers

  • Sold twice: first on 8 February 2018 for AED 1,527,000, last on 23 December 2024 for AED 1,950,000 (AED 1,961 per sqft).
  • Rented since July 2021 on 7 Ejari contracts, from AED 68,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.1%.
  • One-beds in Park Gate Residences 4 sold for AED 2,005,500–2,200,000 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 September 2026.

Questions about 1002, Park Gate Residences 4

What did unit 1002 last sell for?

AED 1,950,000 on 23 December 2024: AED 1,961 per sqft for 994 sqft. The unit has 2 registered sales; the first was AED 1,527,000 in February 2018.

What is the rent for unit 1002?

AED 100,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 110,000; the unit has been rented since July 2021.

How big is unit 1002?

994 sqft (92.3 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2020.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 4 sold for AED 2,005,500 to 2,200,000 in the last 12 months, around AED 2,121 per sqft.

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Mortgage on 1002, Park Gate Residences 4

Starts from the last sale price (AED 1.95M, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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