2-bed · 1,555 sqftPark Gate Residences 4, Al Kifaf · 12th floor · completed 2020

1210, Park Gate Residences 4

Sold prices and rental history: sold twice, last in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 8 November 2020
Last soldAED 1.7M8 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1210, Park Gate Residences 4

What is 1210 worth today?

Last sold for AED 1,700,000 in 2020

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8 Nov 2020SoldOff-plan
AED 1,700,000AED 1,093 per sqft
10 Jul 2018Sold by developerOff-plan
AED 1,873,000AED 1,204 per sqft

Source: Dubai Land Department. Updated 8 November 2020.

Key facts

Type
2-bed apartment
Size
1,555 sqft
Floor
12th of 27
Parking
B1-080
Developer
Wasl
Completed
2020
Last sold
AED 1.7M · November 2020

About 1210, Park Gate Residences 4

1210 is a two-bedroom apartment of 1,555 sqft on the 12th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 8 November 2020 for AED 1,700,000, or AED 1,093 per sqft, 10% below the AED 1,221 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1210 over time

Sales
Unit 1210, each saleTypical two-bed in Park Gate Residences 4
2M2.5M2018202020222024Typical sale price by year: 2018 AED 1,897,000; 2019 AED 1,999,000; 2020 AED 1,877,000; 2021 AED 1,918,000; 2022 AED 2,370,777; 2023 AED 2,400,000; 2024 AED 2,485,000Sold by developer, July 2018: AED 1,873,000 (AED 1,204 per sqft)Sold, November 2020: AED 1,700,000 (AED 1,093 per sqft)

1210 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1210, each contractTypical two-bed in Park Gate Residences 4
100K125K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 110,000; 2023 AED 115,000; 2024 AED 133,500; 2025 AED 145,000; 2026 AED 137,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park Gate Residences 4, and where 1210 sits

All 106 2-beds →

1210 last sold in November 2020 at AED 1,093 per sqft, 10% below what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,221). Over the last 12 months two-beds sold for AED 2,750,000, around AED 1,683 per sqft, and rent for AED 80,000 to 180,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20262,750,000
24 Mar 20253,000,000
6 Mar 20253,025,000
20 Mar 20242,470,000
1 2-bed sale 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,927
Typical sale
AED 2.75M
Typical rent
AED 121K /yr
Typical yield
4.9%
Park Gate Residences 4, Al Kifaf: prices, sales and rents →

Other units on the 12th floor

All 207 units in Park Gate Residences 4
Value
12012-bedAED 2.38M · Feb 2018
12021-bedAED 1.54M · Mar 2018
12032-bedAED 2.38M · Jan 2018
12042-bedAED 1.87M · Feb 2018
12052-bedAED 2.11M · Mar 2022
12062-bedAED 1.84M · Mar 2018
12071-bedAED 1.39M · Feb 2018
1–7 of 9

1210, Park Gate Residences 4 in numbers

  • Sold twice: first on 10 July 2018 for AED 1,873,000, last on 8 November 2020 for AED 1,700,000 (AED 1,093 per sqft).
  • Two-beds in Park Gate Residences 4 sold for AED 2,750,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,927 per sqft.

Source: Dubai Land Department. Updated 8 November 2020.

Questions about 1210, Park Gate Residences 4

What did unit 1210 last sell for?

AED 1,700,000 on 8 November 2020: AED 1,093 per sqft for 1,555 sqft. The unit has 2 registered sales; the first was AED 1,873,000 in July 2018.

How big is unit 1210?

1,555 sqft (144.5 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2020.

What is unit 1210 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Gate Residences 4 sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 1,683 per sqft.

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Mortgage on 1210, Park Gate Residences 4

Starts from the last sale price (AED 1.7M, 8 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →