1-bed · 987 sqftPark Gate Residences 4, Al Kifaf · 14th floor · completed 2020

1407, 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 1407 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.41M5 March 2018
Current rentAED 105K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Park Gate Residences 4

What is 1407 worth today?

Last sold for AED 1,406,000 in 2018

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15 Mar 2025RentedRenewal
AED 105,000/yr12 months · AED 106 per sqft
15 Mar 2024RentedNew contract
AED 99,750/yr12 months · AED 101 per sqft
16 May 2022RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
1 May 2021RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
5 Mar 2018Sold by developerOff-plan
AED 1,406,000AED 1,424 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
14th of 27
Parking
B1-213
Developer
Wasl
Completed
2020
Last sold
AED 1.41M · March 2018

About 1407, Park Gate Residences 4

1407 is a one-bedroom apartment of 987 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 5 March 2018 for AED 1,406,000, or AED 1,424 per sqft, 6% below the AED 1,508 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 105,000 a year: a gross yield of 7.5% on the 2018 price.

Sales and rents for 1407 over time

Sales
Unit 1407, 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 1,590,000; 2023 AED 1,550,000; 2024 AED 1,912,500; 2025 AED 2,050,000Sold by developer, March 2018: AED 1,406,000 (AED 1,424 per sqft)

1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Park Gate Residences 4
80K100K202120232025Typical rent by year: 2021 AED 69,000; 2022 AED 77,419; 2023 AED 97,500; 2024 AED 100,000; 2025 AED 110,000New contract, May 2021: AED 70,000 a yearRenewal, May 2022: AED 70,000 a yearNew contract, March 2024: AED 99,750 a yearRenewal, March 2025: AED 105,000 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 1407 sits

All 41 1-beds →

1407 last sold in March 2018 at AED 1,424 per sqft, 6% below what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,508). Over the last 12 months one-beds sold for AED 2,200,000, around AED 2,211 per sqft, and rent for AED 93,500 to 115,000 a year. 1407's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Dec 20252,200,000
17 Jun 20252,050,000
4 Feb 20251,830,000
23 Dec 20241,950,000
1 1-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
14012-bedAED 2.39M · Mar 2018
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
14082-bedAED 1.85M · Feb 2018
1–7 of 9

1407, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 5 March 2018 for AED 1,406,000, or AED 1,424 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 70,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 7.5%.
  • One-beds in Park Gate Residences 4 sold for AED 2,200,000–2,200,000 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 15 March 2025.

Questions about 1407, Park Gate Residences 4

What did unit 1407 last sell for?

AED 1,406,000 on 5 March 2018, sold by the developer: AED 1,424 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 105,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 99,750; the unit has been rented since May 2021.

How big is unit 1407?

987 sqft (91.7 sqm): a one-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.

What is unit 1407 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 2,200,000 to 2,200,000 in the last 12 months, around AED 2,211 per sqft.

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Mortgage on 1407, Park Gate Residences 4

Starts from the last sale price (AED 1.41M, 5 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,406,000
Deposit, UAE resident (20%)
AED 281,200
Deposit, non-resident (40%)
AED 562,400
Monthly over 25 years at 3.7%
AED 5,752

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