1-bed · 987 sqftPark Gate Residences 4, Al Kifaf · 26th floor · completed 2020

2606, Park Gate Residences 4

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 1.64M5 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2606, Park Gate Residences 4

What is 2606 worth today?

Last sold for AED 1,644,000 in 2023

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5 May 2023SoldReady
AED 1,644,000AED 1,665 per sqft
29 Jul 2022Sold by developerReady
AED 1,565,777AED 1,585 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
26th of 27
Parking
CD3-018
Developer
Wasl
Completed
2020
Last sold
AED 1.64M · May 2023

About 2606, Park Gate Residences 4

2606 is a one-bedroom apartment of 987 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 5 May 2023 for AED 1,644,000, or AED 1,665 per sqft, 4% above the AED 1,598 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2606 over time

Sales
Unit 2606, 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 1,565,777 (AED 1,585 per sqft)Sold, May 2023: AED 1,644,000 (AED 1,665 per sqft)

2606 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2606, 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 2606 sits

All 44 1-beds →

2606 last sold in May 2023 at AED 1,665 per sqft, 4% above what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,598). 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
26021-bedAED 1.53M · Sep 2021
26033-bedAED 3.05M · Jun 2021
26043-bedAED 4.18M · May 2024
26053-bedAED 2.95M · Oct 2021
26073-bedAED 2.96M · Mar 2018
26083-bedAED 3M · Jan 2022

2606, Park Gate Residences 4 in numbers

  • Sold twice: first on 29 July 2022 for AED 1,565,777, last on 5 May 2023 for AED 1,644,000 (AED 1,665 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 5 May 2023.

Questions about 2606, Park Gate Residences 4

What did unit 2606 last sell for?

AED 1,644,000 on 5 May 2023: AED 1,665 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,565,777 in July 2022.

How big is unit 2606?

987 sqft (91.7 sqm): a one-bedroom apartment on the 26th floor of a 27-storey tower completed in 2020.

What is unit 2606 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 2606, Park Gate Residences 4

Starts from the last sale price (AED 1.64M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,644,000
Deposit, UAE resident (20%)
AED 328,800
Deposit, non-resident (40%)
AED 657,600
Monthly over 25 years at 3.7%
AED 6,726

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