2-bed · 1,554 sqftPark Gate Residences 4, Al Kifaf · 14th floor · completed 2020

1404, 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 1404 · DLD and Ejari recordsUpdated 17 August 2021
Last soldAED 1.91M17 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Park Gate Residences 4

What is 1404 worth today?

Last sold for AED 1,910,000 in 2021

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17 Aug 2021SoldReady
AED 1,910,000AED 1,229 per sqft
14 Mar 2018Sold by developerOff-plan
AED 1,890,000AED 1,216 per sqft

Source: Dubai Land Department. Updated 17 August 2021.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
14th of 27
Parking
B1-221
Developer
Wasl
Completed
2020
Last sold
AED 1.91M · August 2021

About 1404, Park Gate Residences 4

1404 is a two-bedroom apartment of 1,554 sqft on the 14th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 17 August 2021 for AED 1,910,000, or AED 1,229 per sqft, in line with the AED 1,198 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, March 2018: AED 1,890,000 (AED 1,216 per sqft)Sold, August 2021: AED 1,910,000 (AED 1,229 per sqft)

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, 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 1404 sits

All 108 2-beds →

1404 last sold in August 2021 at AED 1,229 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,198). 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 14th floor

All 207 units in Park Gate Residences 4
Value
14012-bedAED 2.39M · Mar 2018
14021-bedAED 1.55M · Mar 2018
14032-bedAED 2.1M · Nov 2021
14052-bedAED 1.95M · Jan 2018
14062-bedAED 1.86M · Jan 2018
14071-bedAED 1.41M · Mar 2018
14082-bedAED 2.8M · Jun 2026
1–7 of 9

1404, Park Gate Residences 4 in numbers

  • Sold twice: first on 14 March 2018 for AED 1,890,000, last on 17 August 2021 for AED 1,910,000 (AED 1,229 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 August 2021.

Questions about 1404, Park Gate Residences 4

What did unit 1404 last sell for?

AED 1,910,000 on 17 August 2021: AED 1,229 per sqft for 1,554 sqft. The unit has 2 registered sales; the first was AED 1,890,000 in March 2018.

How big is unit 1404?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.

What is unit 1404 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 1404, Park Gate Residences 4

Starts from the last sale price (AED 1.91M, 17 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,910,000
Deposit, UAE resident (20%)
AED 382,000
Deposit, non-resident (40%)
AED 764,000
Monthly over 25 years at 3.7%
AED 7,814

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