2-bed · 1,572 sqftPark Gate Residences 4, Al Kifaf · 17th floor · completed 2020

1701, Park Gate Residences 4

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

Unit 1701 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 2.43M16 April 2018
Current rentAED 135K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Park Gate Residences 4

What is 1701 worth today?

Last sold for AED 2,433,000 in 2018

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20 Aug 2026RentedRenewal
AED 135,000/yr12 months · AED 86 per sqft
20 Aug 2025RentedRenewal
AED 135,000/yr12 months · AED 86 per sqft
20 Aug 2024RentedRenewal
AED 123,000/yr12 months · AED 78 per sqft
20 Aug 2023RentedRenewal
AED 112,000/yr12 months · AED 71 per sqft
20 Aug 2022RentedRenewal
AED 105,000/yr12 months · AED 67 per sqft
20 Aug 2021RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
16 Apr 2018Sold by developerOff-plan
AED 2,433,000AED 1,547 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
2-bed apartment
Size
1,572 sqft
Floor
17th of 27
Parking
CD2-115
Developer
Wasl
Completed
2020
Last sold
AED 2.43M · April 2018

About 1701, Park Gate Residences 4

1701 is a two-bedroom apartment of 1,572 sqft on the 17th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 16 April 2018 for AED 2,433,000, or AED 1,547 per sqft, 29% above the AED 1,199 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 135,000 a year: a gross yield of 5.5% on the 2018 price.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, April 2018: AED 2,433,000 (AED 1,547 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, 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, August 2021: AED 100,000 a yearRenewal, August 2022: AED 105,000 a yearRenewal, August 2023: AED 112,000 a yearRenewal, August 2024: AED 123,000 a yearRenewal, August 2025: AED 135,000 a yearRenewal, August 2026: AED 135,000 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 1701 sits

All 108 2-beds →

1701 last sold in April 2018 at AED 1,547 per sqft, 29% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,199). 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. 1701's AED 135,000 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 17th floor

All 207 units in Park Gate Residences 4
Value
17021-bedAED 1.57M · Apr 2018
17032-bedAED 2.48M · Aug 2022
17042-bedAED 1.94M · Feb 2018
17052-bedAED 2M · Dec 2019
17062-bedAED 2.78M · Mar 2026
17071-bedAED 1.43M · Feb 2018
17082-bedAED 1.89M · Feb 2018
1–7 of 9

1701, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 16 April 2018 for AED 2,433,000, or AED 1,547 per sqft.
  • Rented since August 2021 on 6 Ejari contracts, from AED 100,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2018 price is 5.5%.
  • 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 August 2026.

Questions about 1701, Park Gate Residences 4

What did unit 1701 last sell for?

AED 2,433,000 on 16 April 2018, sold by the developer: AED 1,547 per sqft for 1,572 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 135,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 135,000; the unit has been rented since August 2021.

How big is unit 1701?

1,572 sqft (146.0 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2020.

What is unit 1701 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 1701, Park Gate Residences 4

Starts from the last sale price (AED 2.43M, 16 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,433,000
Deposit, UAE resident (20%)
AED 486,600
Deposit, non-resident (40%)
AED 973,200
Monthly over 25 years at 3.7%
AED 9,954

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