1-bed · 995 sqftPark Gate Residences 4, Al Kifaf · 26th floor · completed 2020

2602, Park Gate Residences 4

Sold prices and rental history: sold twice, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 27 September 2021
Last soldAED 1.53M27 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Park Gate Residences 4

What is 2602 worth today?

Last sold for AED 1,525,000 in 2021

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27 Sep 2021SoldReady
AED 1,525,000AED 1,533 per sqft
8 Feb 2018Sold by developerOff-plan
AED 1,634,000AED 1,642 per sqft

Source: Dubai Land Department. Updated 27 September 2021.

Key facts

Type
1-bed apartment
Size
995 sqft
Floor
26th of 27
Parking
CD3-017
Developer
Wasl
Completed
2020
Last sold
AED 1.53M · September 2021

About 2602, Park Gate Residences 4

2602 is a one-bedroom apartment of 995 sqft on the 26th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 27 September 2021 for AED 1,525,000, or AED 1,533 per sqft, in line with the AED 1,533 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2602 over time

Sales
Unit 2602, 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 1,634,000 (AED 1,642 per sqft)Sold, September 2021: AED 1,525,000 (AED 1,533 per sqft)

2602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2602, 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 2602 sits

All 44 1-beds →

2602 last sold in September 2021 at AED 1,533 per sqft, in line with what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,533). 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 26th floor

All 207 units in Park Gate Residences 4
Value
26013-bedAED 3.31M · Feb 2018
26033-bedAED 3.05M · Jun 2021
26043-bedAED 4.18M · May 2024
26053-bedAED 2.95M · Oct 2021
26061-bedAED 1.64M · May 2023
26073-bedAED 2.96M · Mar 2018
26083-bedAED 3M · Jan 2022

2602, Park Gate Residences 4 in numbers

  • Sold twice: first on 8 February 2018 for AED 1,634,000, last on 27 September 2021 for AED 1,525,000 (AED 1,533 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 27 September 2021.

Questions about 2602, Park Gate Residences 4

What did unit 2602 last sell for?

AED 1,525,000 on 27 September 2021: AED 1,533 per sqft for 995 sqft. The unit has 2 registered sales; the first was AED 1,634,000 in February 2018.

How big is unit 2602?

995 sqft (92.4 sqm): a one-bedroom apartment on the 26th floor of a 27-storey tower completed in 2020.

What is unit 2602 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 2602, Park Gate Residences 4

Starts from the last sale price (AED 1.53M, 27 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

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