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

1703, Park Gate Residences 4

Sold prices and rental history: sold twice, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 8 August 2022
Last soldAED 2.48M8 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Park Gate Residences 4

What is 1703 worth today?

Last sold for AED 2,475,000 in 2022

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8 Aug 2022SoldReady
AED 2,475,000AED 1,574 per sqft
11 Feb 2018Sold by developerOff-plan
AED 2,433,000AED 1,547 per sqft

Source: Dubai Land Department. Updated 8 August 2022.

Key facts

Type
2-bed apartment
Size
1,572 sqft
Floor
17th of 27
Parking
CD2-047
Developer
Wasl
Completed
2020
Last sold
AED 2.48M · August 2022

About 1703, Park Gate Residences 4

1703 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. It last sold on 8 August 2022 for AED 2,475,000, or AED 1,574 per sqft, 21% above the AED 1,306 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1703 over time

Sales
Unit 1703, 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 2,433,000 (AED 1,547 per sqft)Sold, August 2022: AED 2,475,000 (AED 1,574 per sqft)

1703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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 140,000

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 1703 sits

All 108 2-beds →

1703 last sold in August 2022 at AED 1,574 per sqft, 21% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,306). 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.

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
17012-bedAED 2.43M · Apr 2018
17021-bedAED 1.57M · Apr 2018
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

1703, Park Gate Residences 4 in numbers

  • Sold twice: first on 11 February 2018 for AED 2,433,000, last on 8 August 2022 for AED 2,475,000 (AED 1,574 per sqft).
  • 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 8 August 2022.

Questions about 1703, Park Gate Residences 4

What did unit 1703 last sell for?

AED 2,475,000 on 8 August 2022: AED 1,574 per sqft for 1,572 sqft. The unit has 2 registered sales; the first was AED 2,433,000 in February 2018.

How big is unit 1703?

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 1703 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 1703, Park Gate Residences 4

Starts from the last sale price (AED 2.48M, 8 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

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