1-bed · 987 sqftPark Gate Residences 4, Al Kifaf · 8th floor · completed 2020

807, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 1.37M1 March 2018
Current rentAED 100K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Park Gate Residences 4

What is 807 worth today?

Last sold for AED 1,366,000 in 2018

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5 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
4 Aug 2023RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
10 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
12 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
1 Mar 2018Sold by developerOff-plan
AED 1,366,000AED 1,383 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
8th of 27
Parking
B2-050
Developer
Wasl
Completed
2020
Last sold
AED 1.37M · March 2018

About 807, Park Gate Residences 4

807 is a one-bedroom apartment of 987 sqft on the 8th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 1 March 2018 for AED 1,366,000, or AED 1,383 per sqft, 8% below the AED 1,503 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 November 2024, is AED 100,000 a year: a gross yield of 7.3% on the 2018 price.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical one-bed in Park Gate Residences 4
1.5M2M20182020202220242026Typical 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, March 2018: AED 1,366,000 (AED 1,383 per sqft)

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

Rents
Unit 807, 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 102,500New contract, September 2021: AED 70,000 a yearNew contract, October 2022: AED 90,000 a yearNew contract, August 2023: AED 85,000 a yearNew contract, November 2024: AED 100,000 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 807 sits

All 44 1-beds →

807 last sold in March 2018 at AED 1,383 per sqft, 8% below what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,503). 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. 807's AED 100,000 is in the upper half 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 8th floor

All 207 units in Park Gate Residences 4
Value
8012-bedAED 2.34M · Mar 2018
8021-bedAED 1.51M · Feb 2018
8032-bedAED 2.34M · Apr 2018
8042-bedAED 1.84M · Apr 2018
8052-bedAED 1.9M · Mar 2018
8062-bedAED 1.81M · Feb 2018
8082-bedAED 1.81M · Mar 2018
1–7 of 9

807, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 1 March 2018 for AED 1,366,000, or AED 1,383 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 70,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 7.3%.
  • 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 November 2024.

Questions about 807, Park Gate Residences 4

What did unit 807 last sell for?

AED 1,366,000 on 1 March 2018, sold by the developer: AED 1,383 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 100,000 a year on the contract signed on 5 November 2024. The previous contract, from August 2023, was AED 85,000; the unit has been rented since September 2021.

How big is unit 807?

987 sqft (91.7 sqm): a one-bedroom apartment on the 8th floor of a 27-storey tower completed in 2020.

What is unit 807 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 807, Park Gate Residences 4

Starts from the last sale price (AED 1.37M, 1 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,366,000
Deposit, UAE resident (20%)
AED 273,200
Deposit, non-resident (40%)
AED 546,400
Monthly over 25 years at 3.7%
AED 5,589

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