502, Park Gate Residences 4
Sold prices and rental history: sold twice, last in June 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Park Gate Residences 4
What is 502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 993 sqft
- Floor
- 5th of 27
- Parking
- B2-237
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.5M · June 2023
- Building
- Park Gate Residences 4
About 502, Park Gate Residences 4
502 is a one-bedroom apartment of 993 sqft on the 5th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 8 June 2023 for AED 1,500,000, or AED 1,511 per sqft, 5% below the AED 1,598 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 111,000 a year: a gross yield of 7.4% on the 2023 price.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 41 1-beds →502 last sold in June 2023 at AED 1,511 per sqft, 5% below what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,598). 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. 502's AED 111,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 995 sqft | 2,200,000 | 2,211 | ||
| 17 Jun 202517 June 2025 | 995 sqft | 2,050,000 | 2,060 | ||
| 4 Feb 20254 February 2025 | 987 sqft | 1,830,000 | 1,853 | ||
| 23 Dec 202423 December 2024 | 994 sqft | 1,950,000 | 1,961 |
Park Gate Residences 4
Building207 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%
Other units on the 5th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,535 sqft | AED 3.56MAED 3,564,777 · May 2021May 2021 | ||
| 503 | 2-bed | 2,042 sqft | AED 2.55MAED 2,550,000 · Jul 2023July 2023 | 163,000 /yr | |
| 504 | 2-bed | 1,742 sqft | AED 1.85MAED 1,852,000 · Feb 2018February 2018 | 110,000 /yr | |
| 505 | 2-bed | 1,713 sqft | AED 1.9MAED 1,897,000 · Feb 2018February 2018 | ||
| 506 | 2-bed | 2,138 sqft | AED 2.37MAED 2,370,777 · Nov 2022November 2022 | ||
| 507 | 1-bed | 992 sqft | AED 1.33MAED 1,334,000 · Mar 2018March 2018 | 100,000 /yr | |
| 508 | 3-bed | 2,590 sqft | AED 3.19MAED 3,191,777 · Aug 2021August 2021 | 228,000 /yr |
502, Park Gate Residences 4 in numbers
- Sold twice: first on 5 March 2018 for AED 1,481,000, last on 8 June 2023 for AED 1,500,000 (AED 1,511 per sqft).
- Rented since October 2021 on 3 Ejari contracts, from AED 67,000 to AED 111,000 a year.
- At AED 111,000 a year the gross yield on the 2023 price is 7.4%.
- 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 December 2025.
Questions about 502, Park Gate Residences 4
What did unit 502 last sell for?
AED 1,500,000 on 8 June 2023: AED 1,511 per sqft for 993 sqft. The unit has 2 registered sales; the first was AED 1,481,000 in March 2018.
What is the rent for unit 502?
AED 111,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2023, was AED 107,000; the unit has been rented since October 2021.
How big is unit 502?
993 sqft (92.3 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2020.
What is unit 502 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.
Selling 502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 502, Park Gate Residences 4
Starts from the last sale price (AED 1.5M, 8 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →