2-bed · 1,634 sqftPark Gate Residences 4, Al Kifaf · 15th floor · completed 2020

1506, Park Gate Residences 4

Sold prices and rental history: sold 3 times, last in July 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 2.65M23 July 2026
Current rentAED 143K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Park Gate Residences 4

What is 1506 worth today?

Last sold for AED 2,650,000 in 2026

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10 Aug 2026RentedNew contract
AED 143,000/yr12 months · AED 88 per sqft
23 Jul 2026SoldReady
AED 2,650,000AED 1,622 per sqft
3 Nov 2022SoldReady
AED 2,150,000AED 1,316 per sqft
16 May 2022RentedNew contract
AED 93,500/yr12 months · AED 57 per sqft
16 Apr 2021RentedNew contract
AED 85,000/yr13 months · AED 52 per sqft
17 Jan 2018Sold by developerOff-plan
AED 1,867,000AED 1,142 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
2-bed apartment
Size
1,634 sqft
Floor
15th of 27
Parking
B1-057
Developer
Wasl
Completed
2020
Last sold
AED 2.65M · July 2026

About 1506, Park Gate Residences 4

1506 is a two-bedroom apartment of 1,634 sqft on the 15th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 23 July 2026 for AED 2,650,000, or AED 1,622 per sqft, 10% below the AED 1,799 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 10 August 2026, is AED 143,000 a year: a gross yield of 5.4% on the 2026 price.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, January 2018: AED 1,867,000 (AED 1,142 per sqft)Sold, November 2022: AED 2,150,000 (AED 1,316 per sqft)Sold, July 2026: AED 2,650,000 (AED 1,622 per sqft)

1506 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Park Gate Residences 4
100K150K2021202320252027Typical 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 140,000New contract, April 2021: AED 85,000 a yearNew contract, May 2022: AED 93,500 a yearNew contract, August 2026: AED 143,000 a year

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 1506 sits

All 108 2-beds →

1506 last sold in July 2026 at AED 1,622 per sqft, 10% below what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,799). 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. 1506's AED 143,000 is in the upper half of that range.

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 15th floor

All 207 units in Park Gate Residences 4
Value
15012-bedAED 2.65M · Mar 2024
15021-bedAED 1.56M · Mar 2018
15032-bedAED 2M · Mar 2021
15042-bedAED 1.92M · Jan 2018
15052-bedAED 2.1M · Apr 2022
15071-bedAED 1.83M · Feb 2025
15082-bedAED 1.87M · Mar 2018
1–7 of 9

1506, Park Gate Residences 4 in numbers

  • Sold 3 times: first on 17 January 2018 for AED 1,867,000, last on 23 July 2026 for AED 2,650,000 (AED 1,622 per sqft).
  • Rented since April 2021 on 3 Ejari contracts, from AED 85,000 to AED 143,000 a year.
  • At AED 143,000 a year the gross yield on the 2026 price is 5.4%.
  • 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 August 2026.

Questions about 1506, Park Gate Residences 4

What did unit 1506 last sell for?

AED 2,650,000 on 23 July 2026: AED 1,622 per sqft for 1,634 sqft. The unit has 3 registered sales; the first was AED 1,867,000 in January 2018.

What is the rent for unit 1506?

AED 143,000 a year on the contract signed on 10 August 2026. The previous contract, from May 2022, was AED 93,500; the unit has been rented since April 2021.

How big is unit 1506?

1,634 sqft (151.8 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2020.

What is unit 1506 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 1506, Park Gate Residences 4

Starts from the last sale price (AED 2.65M, 23 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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