1-bed · 987 sqftPark Gate Residences 4, Al Kifaf · 23rd floor · completed 2020

2306, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 1.54M19 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Park Gate Residences 4

What is 2306 worth today?

Last sold for AED 1,544,777 in 2022

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19 May 2022Sold by developerReady
AED 1,544,777AED 1,564 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
23rd of 27
Parking
CD4-018
Developer
Wasl
Completed
2020
Last sold
AED 1.54M · May 2022

About 2306, Park Gate Residences 4

2306 is a one-bedroom apartment of 987 sqft on the 23rd floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 19 May 2022 for AED 1,544,777, or AED 1,564 per sqft, in line with the AED 1,566 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2306 over time

Sales
Unit 2306, 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, May 2022: AED 1,544,777 (AED 1,564 per sqft)

2306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, 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 110,000

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 2306 sits

All 41 1-beds →

2306 last sold in May 2022 at AED 1,564 per sqft, in line with what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,566). 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.

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 23rd floor

All 207 units in Park Gate Residences 4
Value
23013-bedAED 3.27M · May 2021
23021-bedAED 1.61M · Jan 2018
23033-bedAED 3.27M · Feb 2018
23043-bedAED 2.94M · Feb 2018
23053-bedAED 3.23M · Oct 2022
23073-bedAED 3.22M · Oct 2022
23083-bedAED 2.94M · Feb 2018

2306, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 19 May 2022 for AED 1,544,777, or AED 1,564 per sqft.
  • 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 19 May 2022.

Questions about 2306, Park Gate Residences 4

What did unit 2306 last sell for?

AED 1,544,777 on 19 May 2022, sold by the developer: AED 1,564 per sqft for 987 sqft. It is the only registered sale of the unit.

How big is unit 2306?

987 sqft (91.7 sqm): a one-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2020.

What is unit 2306 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 2306, Park Gate Residences 4

Starts from the last sale price (AED 1.54M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,544,777
Deposit, UAE resident (20%)
AED 308,955
Deposit, non-resident (40%)
AED 617,911
Monthly over 25 years at 3.7%
AED 6,320

Plus AED 69,891 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →