1204, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Park Gate Residences 4
What is 1204 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,554 sqft
- Floor
- 12th of 27
- Parking
- B1-219
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.87M · February 2018
- Building
- Park Gate Residences 4
About 1204, Park Gate Residences 4
1204 is a two-bedroom apartment of 1,554 sqft on the 12th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 February 2018 for AED 1,873,000, or AED 1,205 per sqft, in line with the AED 1,203 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 138,000 a year: a gross yield of 7.4% on the 2018 price.
Sales and rents for 1204 over time
1204 has sold once; the dashed line is the two-bed median of each year in the building.
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 1204 sits
All 108 2-beds →1204 last sold in February 2018 at AED 1,205 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,203). 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. 1204's AED 138,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,554 sqft | 2,725,000 | 1,753 | ||
| 11 Sep 202611 September 2026 | 1,529 sqft | 3,000,000 | 1,962 | ||
| 11 Sep 202611 September 2026 | 1,634 sqft | 3,025,000 | 1,851 | ||
| 7 Aug 20267 August 2026 | 1,555 sqft | 2,525,000 | 1,624 |
Park Gate Residences 4
Building207 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%
Other units on the 12th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,572 sqft | AED 2.38MAED 2,381,000 · Feb 2018February 2018 | 145,000 /yr | |
| 1202 | 1-bed | 994 sqft | AED 1.54MAED 1,540,000 · Mar 2018March 2018 | 115,000 /yr | |
| 1203 | 2-bed | 1,572 sqft | AED 2.38MAED 2,381,000 · Jan 2018January 2018 | ||
| 1205 | 2-bed | 1,610 sqft | AED 2.11MAED 2,110,000 · Mar 2022March 2022 | 85,000 /yr | |
| 1206 | 2-bed | 1,635 sqft | AED 1.84MAED 1,841,000 · Mar 2018March 2018 | ||
| 1207 | 1-bed | 987 sqft | AED 1.39MAED 1,392,000 · Feb 2018February 2018 | 110,000 /yr | |
| 1208 | 2-bed | 1,635 sqft | AED 1.84MAED 1,842,000 · Feb 2018February 2018 | ||
| 1209 | 2-bed | 1,609 sqft | AED 1.87MAED 1,870,000 · Feb 2021February 2021 | ||
| 1210 | 2-bed | 1,555 sqft | AED 2.53MAED 2,525,000 · Aug 2026August 2026 | 155,000 /yr |
1204, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 13 February 2018 for AED 1,873,000, or AED 1,205 per sqft.
- Rented since February 2022 on 5 Ejari contracts, from AED 110,000 to AED 138,000 a year.
- At AED 138,000 a year the gross yield on the 2018 price is 7.4%.
- 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 10 February 2026.
Questions about 1204, Park Gate Residences 4
What did unit 1204 last sell for?
AED 1,873,000 on 13 February 2018, sold by the developer: AED 1,205 per sqft for 1,554 sqft. It is the only registered sale of the unit.
What is the rent for unit 1204?
AED 138,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 135,000; the unit has been rented since February 2022.
How big is unit 1204?
1,554 sqft (144.4 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2020.
What is unit 1204 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 1204, Park Gate Residences 4
Starts from the last sale price (AED 1.87M, 13 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,873,000
- Deposit, UAE resident (20%)
- AED 374,600
- Deposit, non-resident (40%)
- AED 749,200
- Monthly over 25 years at 3.7%
- AED 7,663
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →