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1-bed · 994 sqftPark Gate Residences 4, Al Kifaf · 12th floor · completed 2020

1202, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in March 2018, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.54M5 March 2018
Current rentAED 115K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Park Gate Residences 4

What is 1202 worth today?

Last sold for AED 1,540,000 in 2018

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1 Oct 2025RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
5 Mar 2018Sold by developerOff-plan
AED 1,540,000AED 1,548 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
12th of 27
Parking
B1-084
Developer
Wasl
Completed
2020
Last sold
AED 1.54M · March 2018
Building
Park Gate Residences 4

About 1202, Park Gate Residences 4

1202 is a one-bedroom apartment of 994 sqft on the 12th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 5 March 2018 for AED 1,540,000, or AED 1,548 per sqft, in line with the AED 1,508 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2025. The current contract, signed on 1 October 2025, is AED 115,000 a year: a gross yield of 7.5% on the 2018 price.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, March 2018: AED 1,540,000 (AED 1,548 per sqft)

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, 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, October 2025: AED 115,000 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 1202 sits

All 44 1-beds →

1202 last sold in March 2018 at AED 1,548 per sqft, in line with what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,508). 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. 1202's AED 115,000 is at the top 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 12th floor

All 207 units in Park Gate Residences 4
Value
12012-bedAED 2.38M · Feb 2018
12032-bedAED 2.38M · Jan 2018
12042-bedAED 1.87M · Feb 2018
12052-bedAED 2.11M · Mar 2022
12062-bedAED 1.84M · Mar 2018
12071-bedAED 1.39M · Feb 2018
12082-bedAED 1.84M · Feb 2018
1–7 of 9

1202, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 5 March 2018 for AED 1,540,000, or AED 1,548 per sqft.
  • Rented since October 2025 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 7.5%.
  • 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 October 2025.

Questions about 1202, Park Gate Residences 4

What did unit 1202 last sell for?

AED 1,540,000 on 5 March 2018, sold by the developer: AED 1,548 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 115,000 a year on the contract signed on 1 October 2025.

How big is unit 1202?

994 sqft (92.3 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2020.

What is unit 1202 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 1202, Park Gate Residences 4

Starts from the last sale price (AED 1.54M, 5 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,540,000
Deposit, UAE resident (20%)
AED 308,000
Deposit, non-resident (40%)
AED 616,000
Monthly over 25 years at 3.7%
AED 6,301

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