1406, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Park Gate Residences 4
What is 1406 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,634 sqft
- Floor
- 14th of 27
- Parking
- B1-056
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.86M · January 2018
- Building
- Park Gate Residences 4
About 1406, Park Gate Residences 4
1406 is a two-bedroom apartment of 1,634 sqft on the 14th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 17 January 2018 for AED 1,859,000, or AED 1,137 per sqft, in line with the AED 1,140 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 September 2026, is AED 130,000 a year: a gross yield of 7.0% on the 2018 price.
Sales and rents for 1406 over time
1406 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 1406 sits
All 108 2-beds →1406 last sold in January 2018 at AED 1,137 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,140). 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. 1406's AED 130,000 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 14th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,479 sqft | AED 2.39MAED 2,386,000 · Mar 2018March 2018 | 140,000 /yr | |
| 1402 | 1-bed | 994 sqft | AED 1.55MAED 1,553,000 · Mar 2018March 2018 | 95,000 /yr | |
| 1403 | 2-bed | 1,572 sqft | AED 2.1MAED 2,100,000 · Nov 2021November 2021 | 150,000 /yr | |
| 1404 | 2-bed | 1,554 sqft | AED 1.91MAED 1,910,000 · Aug 2021August 2021 | ||
| 1405 | 2-bed | 1,611 sqft | AED 1.95MAED 1,953,000 · Jan 2018January 2018 | ||
| 1407 | 1-bed | 987 sqft | AED 1.41MAED 1,406,000 · Mar 2018March 2018 | 105,000 /yr | |
| 1408 | 2-bed | 1,557 sqft | AED 2.8MAED 2,800,000 · Jun 2026June 2026 | 90,000 /yr | |
| 1409 | 2-bed | 1,610 sqft | AED 2.05MAED 2,050,000 · Sep 2021September 2021 | ||
| 1410 | 2-bed | 1,555 sqft | AED 1.89MAED 1,891,000 · Mar 2018March 2018 |
1406, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 17 January 2018 for AED 1,859,000, or AED 1,137 per sqft.
- Rented since May 2021 on 6 Ejari contracts, from AED 85,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2018 price is 7.0%.
- 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 September 2026.
Questions about 1406, Park Gate Residences 4
What did unit 1406 last sell for?
AED 1,859,000 on 17 January 2018, sold by the developer: AED 1,137 per sqft for 1,634 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 130,000 a year on the contract signed on 1 September 2026. The previous contract, from May 2025, was AED 140,000; the unit has been rented since May 2021.
How big is unit 1406?
1,634 sqft (151.8 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.
What is unit 1406 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 1406, Park Gate Residences 4
Starts from the last sale price (AED 1.86M, 17 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,859,000
- Deposit, UAE resident (20%)
- AED 371,800
- Deposit, non-resident (40%)
- AED 743,600
- Monthly over 25 years at 3.7%
- AED 7,606
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →