2-bed · 1,610 sqftPark Gate Residences 4, Al Kifaf · 17th floor · completed 2020

1709, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 1.98M23 December 2019
Current rentAED 161K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Park Gate Residences 4

What is 1709 worth today?

Last sold for AED 1,980,000 in 2019

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10 Jun 2025RentedRenewal
AED 160,637/yr9 months · AED 100 per sqft
10 Jun 2024RentedRenewal
AED 115,000/yr12 months · AED 71 per sqft
10 Jun 2023RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
10 Jun 2022RentedNew contract
AED 84,000/yr12 months · AED 52 per sqft
10 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
23 Dec 2019Sold by developerOff-plan
AED 1,980,000AED 1,229 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
2-bed apartment
Size
1,610 sqft
Floor
17th of 27
Parking
CD2-016
Developer
Wasl
Completed
2020
Last sold
AED 1.98M · December 2019

About 1709, Park Gate Residences 4

1709 is a two-bedroom apartment of 1,610 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 23 December 2019 for AED 1,980,000, or AED 1,229 per sqft, in line with the AED 1,263 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 10 June 2025, is AED 160,637 a year: a gross yield of 8.1% on the 2019 price.

Sales and rents for 1709 over time

Sales
Unit 1709, 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, December 2019: AED 1,980,000 (AED 1,229 per sqft)

1709 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1709, each contractTypical two-bed in Park Gate Residences 4
100K150K2021202320252027Typical 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 80,000 a yearNew contract, June 2022: AED 84,000 a yearNew contract, June 2023: AED 100,000 a yearRenewal, June 2024: AED 115,000 a yearRenewal, June 2025: AED 160,637 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 1709 sits

All 108 2-beds →

1709 last sold in December 2019 at AED 1,229 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,263). 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. 1709's AED 160,637 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
17042-bedAED 1.94M · Feb 2018
17052-bedAED 2M · Dec 2019
17062-bedAED 2.78M · Mar 2026
17071-bedAED 1.43M · Feb 2018
1–7 of 9

1709, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 23 December 2019 for AED 1,980,000, or AED 1,229 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 80,000 to AED 160,637 a year.
  • At AED 160,637 a year the gross yield on the 2019 price is 8.1%.
  • 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 10 June 2025.

Questions about 1709, Park Gate Residences 4

What did unit 1709 last sell for?

AED 1,980,000 on 23 December 2019, sold by the developer: AED 1,229 per sqft for 1,610 sqft. It is the only registered sale of the unit.

What is the rent for unit 1709?

AED 160,637 a year on the contract renewed on 10 June 2025. The previous contract, from June 2024, was AED 115,000; the unit has been rented since June 2021.

How big is unit 1709?

1,610 sqft (149.6 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2020.

What is unit 1709 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 1709, Park Gate Residences 4

Starts from the last sale price (AED 1.98M, 23 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

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