2-bed · 1,554 sqftPark Gate Residences 4, Al Kifaf · 17th floor · completed 2020

1704, 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 1704 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 1.94M11 February 2018
Current rentAED 145K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Park Gate Residences 4

What is 1704 worth today?

Last sold for AED 1,935,000 in 2018

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15 Sep 2025RentedRenewal
AED 145,000/yr12 months · AED 93 per sqft
15 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 93 per sqft
21 Jun 2023RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
21 Jun 2022RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
21 Jun 2021RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
11 Feb 2018Sold by developerOff-plan
AED 1,935,000AED 1,245 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
17th of 27
Parking
CD2-098
Developer
Wasl
Completed
2020
Last sold
AED 1.94M · February 2018

About 1704, Park Gate Residences 4

1704 is a two-bedroom apartment of 1,554 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 11 February 2018 for AED 1,935,000, or AED 1,245 per sqft, in line with the AED 1,210 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 145,000 a year: a gross yield of 7.5% on the 2018 price.

Sales and rents for 1704 over time

Sales
Unit 1704, 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 1,935,000 (AED 1,245 per sqft)

1704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, 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 90,000 a yearRenewal, June 2022: AED 90,000 a yearRenewal, June 2023: AED 100,000 a yearNew contract, September 2024: AED 145,000 a yearRenewal, September 2025: AED 145,000 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 1704 sits

All 108 2-beds →

1704 last sold in February 2018 at AED 1,245 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,210). 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. 1704's AED 145,000 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
17012-bedAED 2.43M · Apr 2018
17021-bedAED 1.57M · Apr 2018
17032-bedAED 2.48M · Aug 2022
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

1704, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 11 February 2018 for AED 1,935,000, or AED 1,245 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 90,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 7.5%.
  • 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 15 September 2025.

Questions about 1704, Park Gate Residences 4

What did unit 1704 last sell for?

AED 1,935,000 on 11 February 2018, sold by the developer: AED 1,245 per sqft for 1,554 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 145,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 145,000; the unit has been rented since June 2021.

How big is unit 1704?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2020.

What is unit 1704 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 1704, Park Gate Residences 4

Starts from the last sale price (AED 1.94M, 11 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,935,000
Deposit, UAE resident (20%)
AED 387,000
Deposit, non-resident (40%)
AED 774,000
Monthly over 25 years at 3.7%
AED 7,917

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