1-bed · 995 sqftPark Gate Residences 4, Al Kifaf · 24th floor · completed 2020

2402, Park Gate Residences 4

Sold prices and rental history: sold 3 times, last in August 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 18 August 2025
Last soldAED 2.13M18 August 2025
Current rentAED 115K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Park Gate Residences 4

What is 2402 worth today?

Last sold for AED 2,125,000 in 2025

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18 Aug 2025SoldReady
AED 2,125,000AED 2,136 per sqft
25 Dec 2024RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
18 Nov 2023RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
31 Oct 2023SoldReady
AED 1,840,000AED 1,849 per sqft
21 Jan 2018Sold by developerOff-plan
AED 1,621,000AED 1,629 per sqft

Source: Dubai Land Department. Updated 18 August 2025.

Key facts

Type
1-bed apartment
Size
995 sqft
Floor
24th of 27
Parking
B2-069
Developer
Wasl
Completed
2020
Last sold
AED 2.13M · August 2025

About 2402, Park Gate Residences 4

2402 is a one-bedroom apartment of 995 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 18 August 2025 for AED 2,125,000, or AED 2,136 per sqft, 6% above the AED 2,010 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 25 December 2024, is AED 115,000 a year: a gross yield of 5.4% on the 2025 price.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical one-bed in Park Gate Residences 4
1.5M2M201820212024Typical 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, January 2018: AED 1,621,000 (AED 1,629 per sqft)Sold, October 2023: AED 1,840,000 (AED 1,849 per sqft)Sold, August 2025: AED 2,125,000 (AED 2,136 per sqft)

2402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2402, each contractTypical one-bed in Park Gate Residences 4
75K100K125K2021202320252027Typical 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 2023: AED 120,000 a yearNew contract, December 2024: 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 2402 sits

All 44 1-beds →

2402 last sold in August 2025 at AED 2,136 per sqft, 6% above what one-beds in Park Gate Residences 4 were fetching at the time (AED 2,010). 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. 2402'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 24th floor

All 207 units in Park Gate Residences 4
Value
24013-bedAED 4.1M · Jun 2024
24033-bedAED 3.45M · Feb 2018
24043-bedAED 3M · May 2021
24053-bedAED 3.16M · Jun 2021
24061-bedAED 1.55M · May 2022
24073-bedAED 3.23M · Apr 2022
24083-bedAED 2.95M · Jan 2018

2402, Park Gate Residences 4 in numbers

  • Sold 3 times: first on 21 January 2018 for AED 1,621,000, last on 18 August 2025 for AED 2,125,000 (AED 2,136 per sqft).
  • Rented since November 2023 on 2 Ejari contracts, from AED 120,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2025 price is 5.4%.
  • 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 18 August 2025.

Questions about 2402, Park Gate Residences 4

What did unit 2402 last sell for?

AED 2,125,000 on 18 August 2025: AED 2,136 per sqft for 995 sqft. The unit has 3 registered sales; the first was AED 1,621,000 in January 2018.

What is the rent for unit 2402?

AED 115,000 a year on the contract signed on 25 December 2024. The previous contract, from November 2023, was AED 120,000.

How big is unit 2402?

995 sqft (92.4 sqm): a one-bedroom apartment on the 24th floor of a 27-storey tower completed in 2020.

What is unit 2402 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 2402, Park Gate Residences 4

Starts from the last sale price (AED 2.13M, 18 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

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