3-bed · 2,060 sqftPark Gate Residences 4, Al Kifaf · 20th floor · completed 2020

2001, Park Gate Residences 4

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.

Unit 2001 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 3.23M1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Park Gate Residences 4

What is 2001 worth today?

Last sold for AED 3,229,000 in 2020

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1 Sep 2020Sold by developerOff-plan
AED 3,229,000AED 1,567 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
3-bed apartment
Size
2,060 sqft
Floor
20th of 27
Parking
CD2-119, CD2-120
Developer
Wasl
Completed
2020
Last sold
AED 3.23M · September 2020

About 2001, Park Gate Residences 4

2001 is a three-bedroom apartment of 2,060 sqft on the 20th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 1 September 2020 for AED 3,229,000, or AED 1,567 per sqft, 15% above the AED 1,363 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical three-bed in Park Gate Residences 4
3M4M2018202020222024Typical sale price by year: 2018 AED 2,956,000; 2020 AED 2,815,000; 2021 AED 3,098,500; 2022 AED 3,225,000; 2024 AED 4,137,500Sold by developer, September 2020: AED 3,229,000 (AED 1,567 per sqft)

2001 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2001, each contractTypical three-bed in Park Gate Residences 4
150K200K2021202320252027Typical rent by year: 2021 AED 130,000; 2022 AED 150,000; 2023 AED 175,000; 2024 AED 208,500; 2025 AED 224,000; 2026 AED 220,000

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

3-beds in Park Gate Residences 4, and where 2001 sits

All 50 3-beds →

2001 last sold in September 2020 at AED 1,567 per sqft, 15% above what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,363). Over the last 12 months three-beds sold for AED 3,750,000 to 3,850,000, around AED 1,687 per sqft, and rent for AED 195,000 to 250,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Oct 20263,750,000
28 Jan 20263,850,000
17 Feb 20254,200,000
11 Dec 20244,350,000
2 3-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 20th floor

All 207 units in Park Gate Residences 4
Value
20021-bedAED 1.7M · May 2022
20033-bedAED 3.39M · May 2018
20043-bedAED 2.9M · Jun 2024
20053-bedAED 2.81M · Mar 2018
20061-bedAED 1.52M · Jul 2022
20073-bedAED 3.98M · Sep 2024
20083-bedAED 2.9M · Mar 2018

2001, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 1 September 2020 for AED 3,229,000, or AED 1,567 per sqft.
  • Three-beds in Park Gate Residences 4 sold for AED 3,750,000–3,850,000 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 2020.

Questions about 2001, Park Gate Residences 4

What did unit 2001 last sell for?

AED 3,229,000 on 1 September 2020, sold by the developer: AED 1,567 per sqft for 2,060 sqft. It is the only registered sale of the unit.

How big is unit 2001?

2,060 sqft (191.4 sqm): a three-bedroom apartment on the 20th floor of a 27-storey tower completed in 2020.

What is unit 2001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Gate Residences 4 sold for AED 3,750,000 to 3,850,000 in the last 12 months, around AED 1,687 per sqft.

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Mortgage on 2001, Park Gate Residences 4

Starts from the last sale price (AED 3.23M, 1 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,229,000
Deposit, UAE resident (20%)
AED 645,800
Deposit, non-resident (40%)
AED 1,291,600
Monthly over 25 years at 3.7%
AED 13,211

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