1504, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Park Gate Residences 4
What is 1504 worth today?
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Source: Dubai Land Department. Updated 10 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,554 sqft
- Floor
- 15th of 27
- Parking
- B1-222
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.92M · January 2018
- Building
- Park Gate Residences 4
About 1504, Park Gate Residences 4
1504 is a two-bedroom apartment of 1,554 sqft on the 15th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 18 January 2018 for AED 1,917,000, or AED 1,233 per sqft, 5% above the AED 1,169 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 10 April 2022, is AED 88,000 a year: a gross yield of 4.6% on the 2018 price.
Sales and rents for 1504 over time
1504 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 1504 sits
All 108 2-beds →1504 last sold in January 2018 at AED 1,233 per sqft, 5% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,169). 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. 1504's AED 88,000 is in the lower 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 15th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,572 sqft | AED 2.65MAED 2,650,000 · Mar 2024March 2024 | 99,967 /yr | |
| 1502 | 1-bed | 994 sqft | AED 1.56MAED 1,560,000 · Mar 2018March 2018 | 110,000 /yr | |
| 1503 | 2-bed | 1,572 sqft | AED 2MAED 2,000,000 · Mar 2021March 2021 | ||
| 1505 | 2-bed | 1,611 sqft | AED 2.1MAED 2,103,777 · Apr 2022April 2022 | ||
| 1506 | 2-bed | 1,634 sqft | AED 2.65MAED 2,650,000 · Jul 2026July 2026 | 143,000 /yr | |
| 1507 | 1-bed | 987 sqft | AED 1.83MAED 1,830,000 · Feb 2025February 2025 | 90,000 /yr | |
| 1508 | 2-bed | 1,634 sqft | AED 1.87MAED 1,868,000 · Mar 2018March 2018 | ||
| 1509 | 2-bed | 1,610 sqft | AED 1.63MAED 1,630,000 · Sep 2020September 2020 | ||
| 1510 | 2-bed | 777 sqft | AED 1.9MAED 1,900,000 · Feb 2018February 2018 | 123,500 /yr |
1504, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 18 January 2018 for AED 1,917,000, or AED 1,233 per sqft.
- Rented since April 2021 on 2 Ejari contracts, from AED 84,000 to AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2018 price is 4.6%.
- 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 April 2022.
Questions about 1504, Park Gate Residences 4
What did unit 1504 last sell for?
AED 1,917,000 on 18 January 2018, sold by the developer: AED 1,233 per sqft for 1,554 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 88,000 a year on the contract renewed on 10 April 2022. The previous contract, from April 2021, was AED 84,000.
How big is unit 1504?
1,554 sqft (144.4 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2020.
What is unit 1504 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 1504, Park Gate Residences 4
Starts from the last sale price (AED 1.92M, 18 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,917,000
- Deposit, UAE resident (20%)
- AED 383,400
- Deposit, non-resident (40%)
- AED 766,800
- Monthly over 25 years at 3.7%
- AED 7,843
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →