2-bed · 1,571 sqftPark Gate Residences 4, Al Kifaf · 9th floor · completed 2020

901, Park Gate Residences 4

Sold prices and rental history: sold twice, last in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 11 November 2020
Last soldAED 2M11 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Park Gate Residences 4

What is 901 worth today?

Last sold for AED 2,000,000 in 2020

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11 Nov 2020SoldOff-plan
AED 2,000,000AED 1,273 per sqft
19 Sep 2019Sold by developerOff-plan
AED 2,350,000AED 1,496 per sqft

Source: Dubai Land Department. Updated 11 November 2020.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
9th of 27
Parking
B2-261
Developer
Wasl
Completed
2020
Last sold
AED 2M · November 2020

About 901, Park Gate Residences 4

901 is a two-bedroom apartment of 1,571 sqft on the 9th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 11 November 2020 for AED 2,000,000, or AED 1,273 per sqft, 4% above the AED 1,229 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 901 over time

Sales
Unit 901, 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, September 2019: AED 2,350,000 (AED 1,496 per sqft)Sold, November 2020: AED 2,000,000 (AED 1,273 per sqft)

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

Rents
Unit 901, 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 901 sits

All 106 2-beds →

901 last sold in November 2020 at AED 1,273 per sqft, 4% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,229). 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 9th floor

All 207 units in Park Gate Residences 4
Value
9021-bedAED 1.52M · Jan 2019
9032-bedAED 2.5M · Apr 2022
9042-bedAED 1.85M · Apr 2018
9052-bedAED 2.4M · Jul 2023
9062-bedAED 1.78M · Nov 2021
9071-bedAED 1.37M · Feb 2018
9082-bedAED 1.82M · Aug 2021
1–7 of 9

901, Park Gate Residences 4 in numbers

  • Sold twice: first on 19 September 2019 for AED 2,350,000, last on 11 November 2020 for AED 2,000,000 (AED 1,273 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 11 November 2020.

Questions about 901, Park Gate Residences 4

What did unit 901 last sell for?

AED 2,000,000 on 11 November 2020: AED 1,273 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,350,000 in September 2019.

How big is unit 901?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 9th floor of a 27-storey tower completed in 2020.

What is unit 901 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 901, Park Gate Residences 4

Starts from the last sale price (AED 2M, 11 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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