3-bed · 2,163 sqftPark Gate Residences 4, Al Kifaf · 19th floor · completed 2020

1908, Park Gate Residences 4

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 3.85M19 July 2023
Current rentAED 175K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, Park Gate Residences 4

What is 1908 worth today?

Last sold for AED 3,850,000 in 2023

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10 May 2024RentedRenewal
AED 175,000/yr12 months · AED 81 per sqft
19 Jul 2023SoldReady
AED 3,850,000AED 1,780 per sqft
10 May 2023RentedNew contract
AED 175,000/yr12 months · AED 81 per sqft
1 Sep 2022RentedRenewal
AED 159,500/yr12 months · AED 74 per sqft
1 Sep 2021RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
26 Oct 2020SoldOff-plan
AED 2,500,000AED 1,155 per sqft
1 Mar 2018Sold by developerOff-plan
AED 2,888,000AED 1,335 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
3-bed apartment
Size
2,163 sqft
Floor
19th of 27
Parking
CD2-091, CD2-092
Developer
Wasl
Completed
2020
Last sold
AED 3.85M · July 2023

About 1908, Park Gate Residences 4

1908 is a three-bedroom apartment of 2,163 sqft on the 19th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 19 July 2023 for AED 3,850,000, or AED 1,780 per sqft, 5% above the AED 1,699 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 175,000 a year: a gross yield of 4.5% on the 2023 price.

Sales and rents for 1908 over time

Sales
Unit 1908, each saleTypical three-bed in Park Gate Residences 4
3M4M2018202020222024Typical sale price by year: 2018 AED 2,956,000; 2020 AED 2,815,000; 2021 AED 3,098,500; 2022 AED 3,225,000; 2024 AED 4,137,500Sold by developer, March 2018: AED 2,888,000 (AED 1,335 per sqft)Sold, October 2020: AED 2,500,000 (AED 1,155 per sqft)Sold, July 2023: AED 3,850,000 (AED 1,780 per sqft)

1908 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1908, each contractTypical three-bed in Park Gate Residences 4
150K200K2021202320252027Typical rent by year: 2021 AED 130,000; 2022 AED 150,000; 2023 AED 175,000; 2024 AED 208,500; 2025 AED 224,000; 2026 AED 220,000New contract, September 2021: AED 160,000 a yearRenewal, September 2022: AED 159,500 a yearNew contract, May 2023: AED 175,000 a yearRenewal, May 2024: AED 175,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Gate Residences 4, and where 1908 sits

All 50 3-beds →

1908 last sold in July 2023 at AED 1,780 per sqft, 5% above what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,699). Over the last 12 months three-beds sold for AED 3,750,000 to 3,850,000, around AED 1,687 per sqft, and rent for AED 195,000 to 250,000 a year. 1908's AED 175,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Oct 20263,750,000
28 Jan 20263,850,000
17 Feb 20254,200,000
11 Dec 20244,350,000
2 3-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 19th floor

All 207 units in Park Gate Residences 4
Value
19013-bedAED 3.2M · Feb 2018
19021-bedAED 2M · Sep 2024
19033-bedAED 3.6M · Dec 2022
19043-bedAED 2.85M · May 2021
19053-bedAED 2.85M · Jan 2018
19061-bedAED 1.47M · Apr 2020
19073-bedAED 3.85M · Jan 2026

1908, Park Gate Residences 4 in numbers

  • Sold 3 times: first on 1 March 2018 for AED 2,888,000, last on 19 July 2023 for AED 3,850,000 (AED 1,780 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 160,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 4.5%.
  • Three-beds in Park Gate Residences 4 sold for AED 3,750,000–3,850,000 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 May 2024.

Questions about 1908, Park Gate Residences 4

What did unit 1908 last sell for?

AED 3,850,000 on 19 July 2023: AED 1,780 per sqft for 2,163 sqft. The unit has 3 registered sales; the first was AED 2,888,000 in March 2018.

What is the rent for unit 1908?

AED 175,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 175,000; the unit has been rented since September 2021.

How big is unit 1908?

2,163 sqft (200.9 sqm): a three-bedroom apartment on the 19th floor of a 27-storey tower completed in 2020.

What is unit 1908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Gate Residences 4 sold for AED 3,750,000 to 3,850,000 in the last 12 months, around AED 1,687 per sqft.

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Mortgage on 1908, Park Gate Residences 4

Starts from the last sale price (AED 3.85M, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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