2-bed · 1,571 sqftPark Gate Residences 4, Al Kifaf · 11th floor · completed 2020

1103, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 17 May 2022
Last soldAED 2.54M17 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Park Gate Residences 4

What is 1103 worth today?

Last sold for AED 2,540,777 in 2022

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17 May 2022Sold by developerReady
AED 2,540,777AED 1,617 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type
2-bed apartment
Size
1,571 sqft
Floor
11th of 27
Parking
B2-085
Developer
Wasl
Completed
2020
Last sold
AED 2.54M · May 2022

About 1103, Park Gate Residences 4

1103 is a two-bedroom apartment of 1,571 sqft on the 11th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 17 May 2022 for AED 2,540,777, or AED 1,617 per sqft, 25% above the AED 1,289 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, May 2022: AED 2,540,777 (AED 1,617 per sqft)

1103 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, 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 1103 sits

All 108 2-beds →

1103 last sold in May 2022 at AED 1,617 per sqft, 25% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,289). 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 11th floor

All 207 units in Park Gate Residences 4
Value
11012-bedAED 2.37M · Feb 2018
11021-bedAED 838K · Jun 2023
11042-bedAED 1.86M · Mar 2018
11052-bedAED 1.93M · Jan 2018
11062-bedAED 2.7M · Feb 2025
11071-bedAED 1.39M · Mar 2018
11082-bedAED 1.83M · Mar 2018
1–7 of 9

1103, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 17 May 2022 for AED 2,540,777, or AED 1,617 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 17 May 2022.

Questions about 1103, Park Gate Residences 4

What did unit 1103 last sell for?

AED 2,540,777 on 17 May 2022, sold by the developer: AED 1,617 per sqft for 1,571 sqft. It is the only registered sale of the unit.

How big is unit 1103?

1,571 sqft (146.0 sqm): a two-bedroom apartment on the 11th floor of a 27-storey tower completed in 2020.

What is unit 1103 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 1103, Park Gate Residences 4

Starts from the last sale price (AED 2.54M, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,540,777
Deposit, UAE resident (20%)
AED 508,155
Deposit, non-resident (40%)
AED 1,016,311
Monthly over 25 years at 3.7%
AED 10,395

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