1-bed · 994 sqftPark Gate Residences 4, Al Kifaf · 6th floor · completed 2020

602, Park Gate Residences 4

Sold prices and rental history: sold 3 times, last in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 20 October 2021
Last soldAED 1.56M20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Park Gate Residences 4

What is 602 worth today?

Last sold for AED 1,560,000 in 2021

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20 Oct 2021SoldReady
AED 1,560,000AED 1,568 per sqft
28 Jun 2021SoldReady
AED 1,460,000AED 1,468 per sqft
23 Jan 2018Sold by developerOff-plan
AED 1,500,000AED 1,508 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
6th of 27
Parking
B2-040
Developer
Wasl
Completed
2020
Last sold
AED 1.56M · October 2021

About 602, Park Gate Residences 4

602 is a one-bedroom apartment of 994 sqft on the 6th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 20 October 2021 for AED 1,560,000, or AED 1,568 per sqft, in line with the AED 1,551 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, 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, January 2018: AED 1,500,000 (AED 1,508 per sqft)Sold, June 2021: AED 1,460,000 (AED 1,468 per sqft)Sold, October 2021: AED 1,560,000 (AED 1,568 per sqft)

602 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 602, 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 602 sits

All 41 1-beds →

602 last sold in October 2021 at AED 1,568 per sqft, in line with what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,551). 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 6th floor

All 207 units in Park Gate Residences 4
Value
6012-bedAED 2.32M · Mar 2018
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

602, Park Gate Residences 4 in numbers

  • Sold 3 times: first on 23 January 2018 for AED 1,500,000, last on 20 October 2021 for AED 1,560,000 (AED 1,568 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 20 October 2021.

Questions about 602, Park Gate Residences 4

What did unit 602 last sell for?

AED 1,560,000 on 20 October 2021: AED 1,568 per sqft for 994 sqft. The unit has 3 registered sales; the first was AED 1,500,000 in January 2018.

How big is unit 602?

994 sqft (92.3 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2020.

What is unit 602 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 602, Park Gate Residences 4

Starts from the last sale price (AED 1.56M, 20 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,000
Deposit, UAE resident (20%)
AED 312,000
Deposit, non-resident (40%)
AED 624,000
Monthly over 25 years at 3.7%
AED 6,382

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