2-bed · 1,571 sqftPark Gate Residences 4, Al Kifaf · 6th floor · completed 2020

601, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in March 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 5 March 2018
Last soldAED 2.32M5 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Park Gate Residences 4

What is 601 worth today?

Last sold for AED 2,319,000 in 2018

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5 Mar 2018Sold by developerOff-plan
AED 2,319,000AED 1,476 per sqft

Source: Dubai Land Department. Updated 5 March 2018.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
6th of 27
Parking
B2-264
Developer
Wasl
Completed
2020
Last sold
AED 2.32M · March 2018

About 601, Park Gate Residences 4

601 is a two-bedroom apartment of 1,571 sqft on the 6th 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 2,319,000, or AED 1,476 per sqft, 23% above the AED 1,202 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, 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 2,319,000 (AED 1,476 per sqft)

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

Rents
Unit 601, 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 601 sits

All 106 2-beds →

601 last sold in March 2018 at AED 1,476 per sqft, 23% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,202). 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 6th floor

All 207 units in Park Gate Residences 4
Value
6021-bedAED 1.56M · Oct 2021
6032-bedAED 3M · Mar 2025
6042-bedAED 1.82M · Mar 2018
6052-bedAED 2.05M · Feb 2024
6062-bedAED 1.79M · Mar 2018
6071-bedAED 1.35M · Feb 2018
6082-bedAED 1.95M · Aug 2022
1–7 of 9

601, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 5 March 2018 for AED 2,319,000, or AED 1,476 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 5 March 2018.

Questions about 601, Park Gate Residences 4

What did unit 601 last sell for?

AED 2,319,000 on 5 March 2018, sold by the developer: AED 1,476 per sqft for 1,571 sqft. It is the only registered sale of the unit.

How big is unit 601?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 6th floor of a 27-storey tower completed in 2020.

What is unit 601 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 601, Park Gate Residences 4

Starts from the last sale price (AED 2.32M, 5 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,319,000
Deposit, UAE resident (20%)
AED 463,800
Deposit, non-resident (40%)
AED 927,600
Monthly over 25 years at 3.7%
AED 9,488

Plus AED 102,408 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →