2-bed · 1,634 sqftPark Gate Residences 4, Al Kifaf · 16th floor · completed 2020

1608, Park Gate Residences 4

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

Unit 1608 · DLD and Ejari recordsUpdated 11 September 2026
Last soldAED 3.03M11 September 2026
Current rentAED 130K /yr11 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Park Gate Residences 4

What is 1608 worth today?

Last sold for AED 3,025,000 in 2026

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11 Sep 2026SoldReady
AED 3,025,000AED 1,851 per sqft
11 Sep 2026RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
20 Mar 2024SoldReady
AED 2,470,000AED 1,511 per sqft
1 Nov 2022RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
31 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
27 Sep 2020Sold by developerOff-plan
AED 1,877,000AED 1,148 per sqft

Source: Dubai Land Department. Updated 11 September 2026.

Key facts

Type
2-bed apartment
Size
1,634 sqft
Floor
16th of 27
Parking
CD2-089
Developer
Wasl
Completed
2020
Last sold
AED 3.03M · September 2026

About 1608, Park Gate Residences 4

1608 is a two-bedroom apartment of 1,634 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 11 September 2026 for AED 3,025,000, or AED 1,851 per sqft, in line with the AED 1,800 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 11 September 2026, is AED 130,000 a year: a gross yield of 4.3% on the 2026 price.

Sales and rents for 1608 over time

Sales
Unit 1608, 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 1,877,000 (AED 1,148 per sqft)Sold, March 2024: AED 2,470,000 (AED 1,511 per sqft)Sold, September 2026: AED 3,025,000 (AED 1,851 per sqft)

1608 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1608, 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, October 2021: AED 100,000 a yearNew contract, November 2022: AED 115,000 a yearNew contract, September 2026: AED 130,000 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 1608 sits

All 108 2-beds →

1608 last sold in September 2026 at AED 1,851 per sqft, in line with 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. 1608's AED 130,000 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
7 Aug 20262,525,000
23 Jul 20262,650,000
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
16052-bedAED 3.45M · Apr 2026
16062-bedAED 2.5M · Feb 2024
16071-bedAED 1.83M · Oct 2025
1–7 of 9

1608, Park Gate Residences 4 in numbers

  • Sold 3 times: first on 27 September 2020 for AED 1,877,000, last on 11 September 2026 for AED 3,025,000 (AED 1,851 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 100,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2026 price is 4.3%.
  • 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 11 September 2026.

Questions about 1608, Park Gate Residences 4

What did unit 1608 last sell for?

AED 3,025,000 on 11 September 2026: AED 1,851 per sqft for 1,634 sqft. The unit has 3 registered sales; the first was AED 1,877,000 in September 2020.

What is the rent for unit 1608?

AED 130,000 a year on the contract signed on 11 September 2026. The previous contract, from November 2022, was AED 115,000; the unit has been rented since October 2021.

How big is unit 1608?

1,634 sqft (151.8 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2020.

What is unit 1608 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 1608, Park Gate Residences 4

Starts from the last sale price (AED 3.03M, 11 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,025,000
Deposit, UAE resident (20%)
AED 605,000
Deposit, non-resident (40%)
AED 1,210,000
Monthly over 25 years at 3.7%
AED 12,376

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