2-bed · 1,611 sqftPark Gate Residences 4, Al Kifaf · 16th floor · completed 2020

1605, Park Gate Residences 4

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

Unit 1605 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 3.45M1 April 2026
Current rentAED 92K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Park Gate Residences 4

What is 1605 worth today?

Last sold for AED 3,450,000 in 2026

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1 Apr 2026SoldReady
AED 3,450,000AED 2,142 per sqft
14 Sep 2021SoldReady
AED 2,000,000AED 1,241 per sqft
15 Jun 2021RentedNew contract
AED 92,000/yr12 months · AED 57 per sqft
27 Sep 2020Sold by developerOff-plan
AED 1,990,000AED 1,235 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
2-bed apartment
Size
1,611 sqft
Floor
16th of 27
Parking
CD2-087
Developer
Wasl
Completed
2020
Last sold
AED 3.45M · April 2026

About 1605, Park Gate Residences 4

1605 is a two-bedroom apartment of 1,611 sqft on the 16th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 1 April 2026 for AED 3,450,000, or AED 2,142 per sqft, 19% above the AED 1,800 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2021. The current contract, signed on 15 June 2021, is AED 92,000 a year: a gross yield of 2.7% on the 2026 price.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, September 2020: AED 1,990,000 (AED 1,235 per sqft)Sold, September 2021: AED 2,000,000 (AED 1,241 per sqft)Sold, April 2026: AED 3,450,000 (AED 2,142 per sqft)

1605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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 140,000New contract, June 2021: AED 92,000 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 1605 sits

All 108 2-beds →

1605 last sold in April 2026 at AED 2,142 per sqft, 19% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,800). 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. 1605's AED 92,000 is in the lower 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
16042-bedAED 1.93M · Feb 2018
16062-bedAED 2.5M · Feb 2024
16071-bedAED 1.83M · Oct 2025
16082-bedAED 3.03M · Sep 2026
1–7 of 9

1605, Park Gate Residences 4 in numbers

  • Sold 3 times: first on 27 September 2020 for AED 1,990,000, last on 1 April 2026 for AED 3,450,000 (AED 2,142 per sqft).
  • Rented since June 2021 on one Ejari contract, at AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2026 price is 2.7%.
  • 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 April 2026.

Questions about 1605, Park Gate Residences 4

What did unit 1605 last sell for?

AED 3,450,000 on 1 April 2026: AED 2,142 per sqft for 1,611 sqft. The unit has 3 registered sales; the first was AED 1,990,000 in September 2020.

What is the rent for unit 1605?

AED 92,000 a year on the contract signed on 15 June 2021.

How big is unit 1605?

1,611 sqft (149.7 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2020.

What is unit 1605 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 1605, Park Gate Residences 4

Starts from the last sale price (AED 3.45M, 1 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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