1-bed · 995 sqftPark Gate Residences 4, Al Kifaf · 20th floor · completed 2020

2002, Park Gate Residences 4

Sold prices and rental history: sold twice, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 1.7M11 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Park Gate Residences 4

What is 2002 worth today?

Last sold for AED 1,700,000 in 2022

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11 May 2022SoldReady
AED 1,700,000AED 1,709 per sqft
11 Feb 2018Sold by developerOff-plan
AED 1,594,000AED 1,602 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
1-bed apartment
Size
995 sqft
Floor
20th of 27
Parking
CD2-113
Developer
Wasl
Completed
2020
Last sold
AED 1.7M · May 2022

About 2002, Park Gate Residences 4

2002 is a one-bedroom apartment of 995 sqft on the 20th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 11 May 2022 for AED 1,700,000, or AED 1,709 per sqft, 10% above the AED 1,557 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2002 over time

Sales
Unit 2002, 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 1,594,000 (AED 1,602 per sqft)Sold, May 2022: AED 1,700,000 (AED 1,709 per sqft)

2002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, each contractTypical one-bed in Park Gate Residences 4
80K100K2021202320252027Typical 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 102,500

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 2002 sits

All 44 1-beds →

2002 last sold in May 2022 at AED 1,709 per sqft, 10% above what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,557). 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.

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 20th floor

All 207 units in Park Gate Residences 4
Value
20013-bedAED 3.23M · Sep 2020
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

2002, Park Gate Residences 4 in numbers

  • Sold twice: first on 11 February 2018 for AED 1,594,000, last on 11 May 2022 for AED 1,700,000 (AED 1,709 per sqft).
  • 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 11 May 2022.

Questions about 2002, Park Gate Residences 4

What did unit 2002 last sell for?

AED 1,700,000 on 11 May 2022: AED 1,709 per sqft for 995 sqft. The unit has 2 registered sales; the first was AED 1,594,000 in February 2018.

How big is unit 2002?

995 sqft (92.4 sqm): a one-bedroom apartment on the 20th floor of a 27-storey tower completed in 2020.

What is unit 2002 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 2002, Park Gate Residences 4

Starts from the last sale price (AED 1.7M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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