2-bed · 1,571 sqftPark Gate Residences 4, Al Kifaf · 10th floor · completed 2020

1003, Park Gate Residences 4

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

Unit 1003 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 2.05M1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Park Gate Residences 4

What is 1003 worth today?

Last sold for AED 2,050,000 in 2021

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1 Aug 2021SoldReady
AED 2,050,000AED 1,305 per sqft
16 Apr 2018Sold by developerOff-plan
AED 2,360,000AED 1,502 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
10th of 27
Parking
B2-086
Developer
Wasl
Completed
2020
Last sold
AED 2.05M · August 2021

About 1003, Park Gate Residences 4

1003 is a two-bedroom apartment of 1,571 sqft on the 10th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 1 August 2021 for AED 2,050,000, or AED 1,305 per sqft, 10% above the AED 1,184 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Park Gate Residences 4
2M3M2018202120242027Typical sale price by year: 2018 AED 1,897,000; 2019 AED 1,999,000; 2020 AED 1,877,000; 2021 AED 1,914,000; 2022 AED 2,370,777; 2023 AED 2,400,000; 2024 AED 2,485,000; 2025 AED 3,000,000; 2026 AED 2,800,000Sold by developer, April 2018: AED 2,360,000 (AED 1,502 per sqft)Sold, August 2021: AED 2,050,000 (AED 1,305 per sqft)

1003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Park Gate Residences 4
100K125K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 110,000; 2023 AED 118,000; 2024 AED 133,500; 2025 AED 145,000; 2026 AED 140,000

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 1003 sits

All 108 2-beds →

1003 last sold in August 2021 at AED 1,305 per sqft, 10% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,184). Over the last 12 months two-beds sold for AED 2,525,000 to 3,450,000, around AED 1,799 per sqft, and rent for AED 80,000 to 180,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,725,000
11 Sep 20263,000,000
11 Sep 20263,025,000
7 Aug 20262,525,000
12 2-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. 16 sold in the last 12 months.

Typical price per sqft
AED 1,826 Down 5.1%
Typical sale
AED 2.8M
Typical rent
AED 135K /yr
Typical yield
5.3%
Park Gate Residences 4, Al Kifaf: prices, sales and rents →

Other units on the 10th floor

All 207 units in Park Gate Residences 4
Value
10012-bedAED 2.36M · May 2018
10021-bedAED 1.95M · Dec 2024
10042-bedAED 1.82M · Feb 2021
10052-bedAED 2.1M · Sep 2021
10062-bedAED 2.75M · Feb 2026
10071-bedAED 1.38M · Mar 2018
10082-bedAED 2.03M · Aug 2022
1–7 of 9

1003, Park Gate Residences 4 in numbers

  • Sold twice: first on 16 April 2018 for AED 2,360,000, last on 1 August 2021 for AED 2,050,000 (AED 1,305 per sqft).
  • Two-beds in Park Gate Residences 4 sold for AED 2,525,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,826 per sqft.

Source: Dubai Land Department. Updated 1 August 2021.

Questions about 1003, Park Gate Residences 4

What did unit 1003 last sell for?

AED 2,050,000 on 1 August 2021: AED 1,305 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,360,000 in April 2018.

How big is unit 1003?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2020.

What is unit 1003 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 2,525,000 to 3,450,000 in the last 12 months, around AED 1,799 per sqft.

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Mortgage on 1003, Park Gate Residences 4

Starts from the last sale price (AED 2.05M, 1 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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