2401, Park Gate Residences 4
Sold prices and rental history: sold twice, last in June 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2401, Park Gate Residences 4
What is 2401 worth today?
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Source: Dubai Land Department. Updated 27 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,967 sqft
- Floor
- 24th of 27
- Parking
- CD4-019, CD4-020
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 4.1M · June 2024
- Building
- Park Gate Residences 4
About 2401, Park Gate Residences 4
2401 is a three-bedroom apartment of 1,967 sqft on the 24th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 27 June 2024 for AED 4,100,000, or AED 2,084 per sqft, 8% above the AED 1,931 three-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 28 October 2023, is AED 250,000 a year: a gross yield of 6.1% on the 2024 price.
Sales and rents for 2401 over time
2401 has sold twice; the dashed line is the three-bed median of each year in the building.
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 2401 sits
All 50 3-beds →2401 last sold in June 2024 at AED 2,084 per sqft, 8% above what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,931). 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. 2401's AED 250,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 2,590 sqft | 3,750,000 | 1,447 | ||
| 28 Jan 202628 January 2026 | 1,997 sqft | 3,850,000 | 1,927 | ||
| 17 Feb 202517 February 2025 | 2,162 sqft | 4,200,000 | 1,942 | ||
| 11 Dec 202411 December 2024 | 2,162 sqft | 4,350,000 | 2,011 |
Park Gate Residences 4
Building207 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%
Other units on the 24th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2402 | 1-bed | 995 sqft | AED 2.13MAED 2,125,000 · Aug 2025August 2025 | 115,000 /yr | |
| 2403 | 3-bed | 2,060 sqft | AED 3.45MAED 3,448,000 · Feb 2018February 2018 | ||
| 2404 | 3-bed | 2,162 sqft | AED 3MAED 2,995,000 · May 2021May 2021 | ||
| 2405 | 3-bed | 2,155 sqft | AED 3.16MAED 3,164,777 · Jun 2021June 2021 | ||
| 2406 | 1-bed | 987 sqft | AED 1.55MAED 1,550,777 · May 2022May 2022 | 80,000 /yr | |
| 2407 | 3-bed | 2,155 sqft | AED 3.23MAED 3,226,777 · Apr 2022April 2022 | ||
| 2408 | 3-bed | 2,163 sqft | AED 2.95MAED 2,954,000 · Jan 2018January 2018 |
2401, Park Gate Residences 4 in numbers
- Sold twice: first on 21 January 2018 for AED 3,267,000, last on 27 June 2024 for AED 4,100,000 (AED 2,084 per sqft).
- Rented since July 2021 on 3 Ejari contracts, from AED 135,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2024 price is 6.1%.
- 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 27 June 2024.
Questions about 2401, Park Gate Residences 4
What did unit 2401 last sell for?
AED 4,100,000 on 27 June 2024: AED 2,084 per sqft for 1,967 sqft. The unit has 2 registered sales; the first was AED 3,267,000 in January 2018.
What is the rent for unit 2401?
AED 250,000 a year on the contract signed on 28 October 2023. The previous contract, from July 2022, was AED 135,000; the unit has been rented since July 2021.
How big is unit 2401?
1,967 sqft (182.7 sqm): a three-bedroom apartment on the 24th floor of a 27-storey tower completed in 2020.
What is unit 2401 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 2401, Park Gate Residences 4
Starts from the last sale price (AED 4.1M, 27 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,100,000
- Deposit, UAE resident (20%)
- AED 820,000
- Deposit, non-resident (40%)
- AED 1,640,000
- Monthly over 25 years at 3.7%
- AED 16,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →