3-bed · 2,155 sqftPark Gate Residences 4, Al Kifaf · 24th floor · completed 2020

2407, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 27 April 2022
Last soldAED 3.23M27 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Park Gate Residences 4

What is 2407 worth today?

Last sold for AED 3,226,777 in 2022

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27 Apr 2022Sold by developerReady
AED 3,226,777AED 1,497 per sqft

Source: Dubai Land Department. Updated 27 April 2022.

Key facts

Type
3-bed apartment
Size
2,155 sqft
Floor
24th of 27
Parking
CD4-021, CD4-022
Developer
Wasl
Completed
2020
Last sold
AED 3.23M · April 2022

About 2407, Park Gate Residences 4

2407 is a three-bedroom apartment of 2,155 sqft on the 24th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 27 April 2022 for AED 3,226,777, or AED 1,497 per sqft, 6% above the AED 1,408 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, April 2022: AED 3,226,777 (AED 1,497 per sqft)

2407 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2407, 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 2407 sits

All 50 3-beds →

2407 last sold in April 2022 at AED 1,497 per sqft, 6% above what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,408). 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 24th floor

All 207 units in Park Gate Residences 4
Value
24013-bedAED 4.1M · Jun 2024
24021-bedAED 2.13M · Aug 2025
24033-bedAED 3.45M · Feb 2018
24043-bedAED 3M · May 2021
24053-bedAED 3.16M · Jun 2021
24061-bedAED 1.55M · May 2022
24083-bedAED 2.95M · Jan 2018

2407, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 27 April 2022 for AED 3,226,777, or AED 1,497 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 27 April 2022.

Questions about 2407, Park Gate Residences 4

What did unit 2407 last sell for?

AED 3,226,777 on 27 April 2022, sold by the developer: AED 1,497 per sqft for 2,155 sqft. It is the only registered sale of the unit.

How big is unit 2407?

2,155 sqft (200.2 sqm): a three-bedroom apartment on the 24th floor of a 27-storey tower completed in 2020.

What is unit 2407 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 2407, Park Gate Residences 4

Starts from the last sale price (AED 3.23M, 27 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,226,777
Deposit, UAE resident (20%)
AED 645,355
Deposit, non-resident (40%)
AED 1,290,711
Monthly over 25 years at 3.7%
AED 13,202

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