1,571 sqftPark Gate Residences 1, Al Kifaf · 10th floor · completed 2020

1001, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 16 April 2018

Last soldAED 2.46M16 April 2018

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Property timeline for 1001, Park Gate Residences 1

Today

What is 1001 worth today?

Last sold for AED 2,455,000 in 2018

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16 Apr 2018

16 Apr 2018Sold by developerOff-plan

AED 2,455,000AED 1,562 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 April 2018.

Key facts

Type: Apartment
Size: 1,571 sqft
Floor: 10th of 27
Parking: B2-121
Developer: Wasl
Completed: 2020
Last sold: AED 2.46M · April 2018
Building: Park Gate Residences 1

About 1001, Park Gate Residences 1

1001 is an apartment of 1,571 sqft on the 10th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 16 April 2018 for AED 2,455,000, or AED 1,562 per sqft.

No rental contract for the unit is registered on Ejari.

Park Gate Residences 1

Building

204 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 3 sold in the last 12 months.

Typical price per sqft: AED 1,835
Typical sale: AED 2.75M
Typical rent: AED 155K /yr
Typical yield: 5.6%

Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 10th floor

All 204 units in Park Gate Residences 1


1002	1-bed	994 sqft	AED 1.59MAED 1,588,000 · Jun 2018June 2018
1003	2-bed	1,571 sqft	AED 2.6MAED 2,600,000 · Sep 2023September 2023
1004	2-bed	1,553 sqft	AED 1.89MAED 1,892,000 · Mar 2018March 2018
1005	2-bed	1,610 sqft	AED 1.99MAED 1,993,000 · Mar 2018March 2018	123,000 /yr
1006	2-bed	1,633 sqft	AED 2.07MAED 2,074,777 · May 2021May 2021
1007	1-bed	987 sqft	AED 1.79MAED 1,791,777 · Aug 2024August 2024	97,000 /yr
1008	2-bed	1,634 sqft	AED 2.12MAED 2,117,777 · May 2022May 2022	155,000 /yr
1009	2-bed	1,609 sqft	AED 2.03MAED 2,025,000 · Apr 2021April 2021
1010	2-bed	1,554 sqft	AED 2.07MAED 2,071,777 · Jun 2021June 2021

1–7 of 9

1001, Park Gate Residences 1 in numbers

Sold once: by Wasl on 16 April 2018 for AED 2,455,000, or AED 1,562 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 April 2018.

Questions about 1001, Park Gate Residences 1

What did unit 1001 last sell for?

AED 2,455,000 on 16 April 2018, sold by the developer: AED 1,562 per sqft for 1,571 sqft. It is the only registered sale of the unit.

How big is unit 1001?

1,571 sqft (146.0 sqm): an apartment on the 10th floor of a 27-storey tower completed in 2020.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1001, Park Gate Residences 1

Starts from the last sale price (AED 2.46M, 16 April 2018). Switch to today's estimate once you have unlocked it.

Price: AED 2,455,000
Deposit, UAE resident (20%): AED 491,000
Deposit, non-resident (40%): AED 982,000
Monthly over 25 years at 3.7%: AED 10,044

Plus AED 108,120 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →