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5-bed · 4,365 sqftPark Gate Residences 4, Al Kifaf · 3rd floor · completed 2020

V1, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V1 · DLD and Ejari recordsUpdated 27 May 2025
Last soldAED 5.56M11 February 2018
Current rentAED 550K /yr27 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V1, Park Gate Residences 4

What is V1 worth today?

Last sold for AED 5,557,000 in 2018

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27 May 2025RentedRenewal
AED 550,000/yr12 months · AED 126 per sqft
27 May 2024RentedNew contract
AED 550,000/yr12 months · AED 126 per sqft
11 Feb 2018Sold by developerOff-plan
AED 5,557,000AED 1,273 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2025.

Key facts

Type
5-bed apartment
Size
4,365 sqft
Floor
3rd of 27
Parking
CD3-025, CD3-026, CD3-027
Developer
Wasl
Completed
2020
Last sold
AED 5.56M · February 2018
Building
Park Gate Residences 4

About V1, Park Gate Residences 4

V1 is a five-bedroom apartment of 4,365 sqft on the 3rd floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 11 February 2018 for AED 5,557,000, or AED 1,273 per sqft.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 27 May 2025, is AED 550,000 a year: a gross yield of 9.9% on the 2018 price.

5-beds in Park Gate Residences 4, and where V1 sits

All 1 5-beds →
0 5-bed sales 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 3rd floor

All 207 units in Park Gate Residences 4
Value
V24-bedAED 6M · May 2023
V34-bedAED 5.03M · Feb 2018

V1, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 11 February 2018 for AED 5,557,000, or AED 1,273 per sqft.
  • Rented since May 2024 on 2 Ejari contracts, at AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2018 price is 9.9%.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2025.

Questions about V1, Park Gate Residences 4

What did unit V1 last sell for?

AED 5,557,000 on 11 February 2018, sold by the developer: AED 1,273 per sqft for 4,365 sqft. It is the only registered sale of the unit.

What is the rent for unit V1?

AED 550,000 a year on the contract renewed on 27 May 2025. The previous contract, from May 2024, was AED 550,000.

How big is unit V1?

4,365 sqft (405.5 sqm): a five-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2020.

What is unit V1 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V1, Park Gate Residences 4

Starts from the last sale price (AED 5.56M, 11 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 5,557,000
Deposit, UAE resident (20%)
AED 1,111,400
Deposit, non-resident (40%)
AED 2,222,800
Monthly over 25 years at 3.7%
AED 22,735

Plus AED 238,404 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →