2-bed · 1,479 sqftPark Gate Residences 4, Al Kifaf · 14th floor · completed 2020

1401, 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 1401 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 2.39M1 March 2018
Current rentAED 145K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Park Gate Residences 4

What is 1401 worth today?

Last sold for AED 2,386,000 in 2018

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1 Aug 2025RentedNew contract
AED 145,000/yr12 months · AED 98 per sqft
28 Jun 2024RentedRenewal
AED 125,000/yr12 months · AED 85 per sqft
28 Jun 2023RentedRenewal
AED 117,000/yr12 months · AED 79 per sqft
28 Jun 2022RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
28 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
1 Mar 2018Sold by developerOff-plan
AED 2,386,000AED 1,613 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,479 sqft
Floor
14th of 27
Parking
B1-217
Developer
Wasl
Completed
2020
Last sold
AED 2.39M · March 2018

About 1401, Park Gate Residences 4

1401 is a two-bedroom apartment of 1,479 sqft on the 14th 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 2,386,000, or AED 1,613 per sqft, 34% above the AED 1,203 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 August 2025, is AED 145,000 a year: a gross yield of 6.1% on the 2018 price.

Sales and rents for 1401 over time

Sales
Unit 1401, 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, March 2018: AED 2,386,000 (AED 1,613 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, 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 137,000New contract, June 2021: AED 110,000 a yearRenewal, June 2022: AED 110,000 a yearRenewal, June 2023: AED 117,000 a yearRenewal, June 2024: AED 125,000 a yearNew contract, August 2025: AED 145,000 a year

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 1401 sits

All 106 2-beds →

1401 last sold in March 2018 at AED 1,613 per sqft, 34% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,203). 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. 1401's AED 145,000 is in the upper half of that range.

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 14th floor

All 207 units in Park Gate Residences 4
Value
14021-bedAED 1.55M · Mar 2018
14032-bedAED 2.1M · Nov 2021
14042-bedAED 1.91M · Aug 2021
14052-bedAED 1.95M · Jan 2018
14062-bedAED 1.86M · Jan 2018
14071-bedAED 1.41M · Mar 2018
14082-bedAED 1.85M · Feb 2018
1–7 of 9

1401, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 1 March 2018 for AED 2,386,000, or AED 1,613 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 110,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 6.1%.
  • 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 1 August 2025.

Questions about 1401, Park Gate Residences 4

What did unit 1401 last sell for?

AED 2,386,000 on 1 March 2018, sold by the developer: AED 1,613 per sqft for 1,479 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 145,000 a year on the contract signed on 1 August 2025. The previous contract, from June 2024, was AED 125,000; the unit has been rented since June 2021.

How big is unit 1401?

1,479 sqft (137.4 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.

What is unit 1401 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 1401, Park Gate Residences 4

Starts from the last sale price (AED 2.39M, 1 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,386,000
Deposit, UAE resident (20%)
AED 477,200
Deposit, non-resident (40%)
AED 954,400
Monthly over 25 years at 3.7%
AED 9,762

Plus AED 105,222 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →