3-bed · 2,162 sqftPark Gate Residences 4, Al Kifaf · 25th floor · completed 2020

2504, Park Gate Residences 4

Sold prices and rental history: sold twice, last in December 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 4.35M11 December 2024
Current rentAED 145K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Park Gate Residences 4

What is 2504 worth today?

Last sold for AED 4,350,000 in 2024

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11 Dec 2024SoldReady
AED 4,350,000AED 2,011 per sqft
1 Sep 2023RentedRenewal
AED 145,028/yr9 months · AED 67 per sqft
1 Sep 2022RentedRenewal
AED 145,000/yr12 months · AED 67 per sqft
1 Sep 2021RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
22 Jan 2018Sold by developerOff-plan
AED 2,967,000AED 1,372 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
3-bed apartment
Size
2,162 sqft
Floor
25th of 27
Parking
CD2-048, CD2-049
Developer
Wasl
Completed
2020
Last sold
AED 4.35M · December 2024

About 2504, Park Gate Residences 4

2504 is a three-bedroom apartment of 2,162 sqft on the 25th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 11 December 2024 for AED 4,350,000, or AED 2,011 per sqft, in line with the AED 1,963 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 145,028 a year: a gross yield of 3.3% on the 2024 price.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, January 2018: AED 2,967,000 (AED 1,372 per sqft)Sold, December 2024: AED 4,350,000 (AED 2,011 per sqft)

2504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2504, 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 130,000 a yearRenewal, September 2022: AED 145,000 a yearRenewal, September 2023: AED 145,028 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 2504 sits

All 50 3-beds →

2504 last sold in December 2024 at AED 2,011 per sqft, in line with what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,963). 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. 2504's AED 145,028 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
17 Sep 20243,980,000
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 25th floor

All 207 units in Park Gate Residences 4
Value
25013-bedAED 3.15M · Feb 2021
25021-bedAED 2.2M · Dec 2025
25033-bedAED 3.58M · Feb 2022
25053-bedAED 3.28M · Jun 2022
25061-bedAED 1.6M · May 2023
25073-bedAED 3.66M · Mar 2023
25083-bedAED 3.05M · Jan 2022

2504, Park Gate Residences 4 in numbers

  • Sold twice: first on 22 January 2018 for AED 2,967,000, last on 11 December 2024 for AED 4,350,000 (AED 2,011 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 130,000 to AED 145,028 a year.
  • At AED 145,028 a year the gross yield on the 2024 price is 3.3%.
  • 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 11 December 2024.

Questions about 2504, Park Gate Residences 4

What did unit 2504 last sell for?

AED 4,350,000 on 11 December 2024: AED 2,011 per sqft for 2,162 sqft. The unit has 2 registered sales; the first was AED 2,967,000 in January 2018.

What is the rent for unit 2504?

AED 145,028 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 145,000; the unit has been rented since September 2021.

How big is unit 2504?

2,162 sqft (200.9 sqm): a three-bedroom apartment on the 25th floor of a 27-storey tower completed in 2020.

What is unit 2504 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 2504, Park Gate Residences 4

Starts from the last sale price (AED 4.35M, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

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