2-bed · 1,554 sqftPark Gate Residences 4, Al Kifaf · 16th floor · completed 2020

1604, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 1.93M13 February 2018
Current rentAED 140K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Park Gate Residences 4

What is 1604 worth today?

Last sold for AED 1,926,000 in 2018

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20 Oct 2026RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
10 Apr 2026RentedNew contract
AED 160,000/yr3 months · AED 103 per sqft
10 Apr 2025RentedRenewal
AED 141,750/yr12 months · AED 91 per sqft
10 Apr 2025RentedRenewal
AED 141,750/yr12 months · AED 91 per sqft
10 Apr 2024RentedRenewal
AED 135,000/yr12 months · AED 87 per sqft
10 Apr 2023RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
1 May 2022RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
16th of 27
Parking
CD2-099
Developer
Wasl
Completed
2020
Last sold
AED 1.93M · February 2018

About 1604, Park Gate Residences 4

1604 is a two-bedroom apartment of 1,554 sqft on the 16th 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 1,926,000, or AED 1,239 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 2021 on 8 Ejari contracts. The current contract, signed on 20 October 2026, is AED 140,000 a year: a gross yield of 7.3% on the 2018 price.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, February 2018: AED 1,926,000 (AED 1,239 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, 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, May 2021: AED 85,000 a yearRenewal, May 2022: AED 85,000 a yearNew contract, April 2023: AED 125,000 a yearRenewal, April 2024: AED 135,000 a yearRenewal, April 2025: AED 141,750 a yearRenewal, April 2025: AED 141,750 a yearNew contract, April 2026: AED 160,000 a yearNew contract, October 2026: AED 140,000 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 1604 sits

All 108 2-beds →

1604 last sold in February 2018 at AED 1,239 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. 1604's AED 140,000 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 16th floor

All 207 units in Park Gate Residences 4
Value
16012-bedAED 2.6M · Mar 2022
16021-bedAED 1.88M · Apr 2024
16032-bedAED 2.58M · Apr 2022
16052-bedAED 3.45M · Apr 2026
16062-bedAED 2.5M · Feb 2024
16071-bedAED 1.83M · Oct 2025
16082-bedAED 3.03M · Sep 2026
1–7 of 9

1604, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 13 February 2018 for AED 1,926,000, or AED 1,239 per sqft.
  • Rented since May 2021 on 8 Ejari contracts, from AED 85,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 7.3%.
  • 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 20 October 2026.

Questions about 1604, Park Gate Residences 4

What did unit 1604 last sell for?

AED 1,926,000 on 13 February 2018, sold by the developer: AED 1,239 per sqft for 1,554 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 140,000 a year on the contract signed on 20 October 2026. The previous contract, from April 2026, was AED 160,000; the unit has been rented since May 2021.

How big is unit 1604?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2020.

What is unit 1604 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 1604, Park Gate Residences 4

Starts from the last sale price (AED 1.93M, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,926,000
Deposit, UAE resident (20%)
AED 385,200
Deposit, non-resident (40%)
AED 770,400
Monthly over 25 years at 3.7%
AED 7,880

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