1-bed · 987 sqftPark Gate Residences 4, Al Kifaf · 20th floor · completed 2020

2006, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2006 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 1.52M13 July 2022
Current rentAED 100K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2006, Park Gate Residences 4

What is 2006 worth today?

Last sold for AED 1,523,777 in 2022

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21 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
21 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
13 Jul 2022Sold by developerReady
AED 1,523,777AED 1,543 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
20th of 27
Parking
CD2-012
Developer
Wasl
Completed
2020
Last sold
AED 1.52M · July 2022

About 2006, Park Gate Residences 4

2006 is a one-bedroom apartment of 987 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 13 July 2022 for AED 1,523,777, or AED 1,543 per sqft, in line with the AED 1,568 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 21 November 2024, is AED 100,000 a year: a gross yield of 6.6% on the 2022 price.

Sales and rents for 2006 over time

Sales
Unit 2006, 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, July 2022: AED 1,523,777 (AED 1,543 per sqft)

2006 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2006, 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 102,500New contract, November 2024: AED 100,000 a yearNew contract, November 2024: 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 2006 sits

All 44 1-beds →

2006 last sold in July 2022 at AED 1,543 per sqft, in line with what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,568). 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. 2006'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 20th floor

All 207 units in Park Gate Residences 4
Value
20013-bedAED 3.23M · Sep 2020
20021-bedAED 1.7M · May 2022
20033-bedAED 3.39M · May 2018
20043-bedAED 2.9M · Jun 2024
20053-bedAED 2.81M · Mar 2018
20073-bedAED 3.98M · Sep 2024
20083-bedAED 2.9M · Mar 2018

2006, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 13 July 2022 for AED 1,523,777, or AED 1,543 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 6.6%.
  • 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 21 November 2024.

Questions about 2006, Park Gate Residences 4

What did unit 2006 last sell for?

AED 1,523,777 on 13 July 2022, sold by the developer: AED 1,543 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 2006?

AED 100,000 a year on the contract signed on 21 November 2024. The previous contract, from November 2024, was AED 100,000.

How big is unit 2006?

987 sqft (91.7 sqm): a one-bedroom apartment on the 20th floor of a 27-storey tower completed in 2020.

What is unit 2006 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 2006, Park Gate Residences 4

Starts from the last sale price (AED 1.52M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,523,777
Deposit, UAE resident (20%)
AED 304,755
Deposit, non-resident (40%)
AED 609,511
Monthly over 25 years at 3.7%
AED 6,234

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