2-bed · 1,553 sqftPark Gate Residences 4, Al Kifaf · 10th floor · completed 2020

1004, Park Gate Residences 4

Sold prices and rental history: sold twice, last in February 2021, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 1.82M22 February 2021
Current rentAED 50K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Park Gate Residences 4

What is 1004 worth today?

Last sold for AED 1,818,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 32 per sqft
22 Feb 2021SoldReady
AED 1,818,000AED 1,170 per sqft
24 Jan 2018Sold by developerOff-plan
AED 1,855,000AED 1,194 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
2-bed apartment
Size
1,553 sqft
Floor
10th of 27
Parking
B2-046
Developer
Wasl
Completed
2020
Last sold
AED 1.82M · February 2021

About 1004, Park Gate Residences 4

1004 is a two-bedroom apartment of 1,553 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 22 February 2021 for AED 1,818,000, or AED 1,170 per sqft, in line with the AED 1,159 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2021. The current contract, signed on 1 March 2021, is AED 50,000 a year: a gross yield of 2.8% on the 2021 price.

Sales and rents for 1004 over time

Sales
Unit 1004, 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, January 2018: AED 1,855,000 (AED 1,194 per sqft)Sold, February 2021: AED 1,818,000 (AED 1,170 per sqft)

1004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Park Gate Residences 4
50K100K150K2021202320252027Typical 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 140,000New contract, March 2021: AED 50,000 a year

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 1004 sits

All 108 2-beds →

1004 last sold in February 2021 at AED 1,170 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,159). 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. 1004's AED 50,000 is at the bottom of that range.

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
10032-bedAED 2.05M · Aug 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

1004, Park Gate Residences 4 in numbers

  • Sold twice: first on 24 January 2018 for AED 1,855,000, last on 22 February 2021 for AED 1,818,000 (AED 1,170 per sqft).
  • Rented since March 2021 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 2.8%.
  • 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 March 2021.

Questions about 1004, Park Gate Residences 4

What did unit 1004 last sell for?

AED 1,818,000 on 22 February 2021: AED 1,170 per sqft for 1,553 sqft. The unit has 2 registered sales; the first was AED 1,855,000 in January 2018.

What is the rent for unit 1004?

AED 50,000 a year on the contract signed on 1 March 2021.

How big is unit 1004?

1,553 sqft (144.3 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2020.

What is unit 1004 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.

Selling 1004? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1004, Park Gate Residences 4

Starts from the last sale price (AED 1.82M, 22 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,818,000
Deposit, UAE resident (20%)
AED 363,600
Deposit, non-resident (40%)
AED 727,200
Monthly over 25 years at 3.7%
AED 7,438

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