2506, Park Gate Residences 4
Sold prices and rental history: sold twice, last in May 2023, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2506, Park Gate Residences 4
What is 2506 worth today?
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Source: Dubai Land Department. Updated 25 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 25th of 27
- Parking
- CD3-019
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.6M · May 2023
- Building
- Park Gate Residences 4
About 2506, Park Gate Residences 4
2506 is a one-bedroom apartment of 987 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 25 May 2023 for AED 1,600,000, or AED 1,620 per sqft, in line with the AED 1,620 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2021. The current contract, signed on 15 October 2021, is AED 70,000 a year: a gross yield of 4.4% on the 2023 price.
Sales and rents for 2506 over time
2506 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 4, and where 2506 sits
All 44 1-beds →2506 last sold in May 2023 at AED 1,620 per sqft, in line with what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,620). Over the last 12 months one-beds sold for AED 2,005,500 to 2,200,000, around AED 2,121 per sqft, and rent for AED 80,000 to 115,000 a year. 2506's AED 70,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Mar 202611 March 2026 | 987 sqft | 2,005,500 | 2,031 | ||
| 24 Dec 202524 December 2025 | 995 sqft | 2,200,000 | 2,211 | ||
| 31 Oct 202531 October 2025 | 987 sqft | 1,900,000 | 1,924 | ||
| 15 Oct 202515 October 2025 | 987 sqft | 1,830,000 | 1,853 |
Park Gate Residences 4
Building207 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%
Other units on the 25th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 2,060 sqft | AED 3.15MAED 3,147,000 · Feb 2021February 2021 | ||
| 2502 | 1-bed | 995 sqft | AED 2.2MAED 2,200,000 · Dec 2025December 2025 | ||
| 2503 | 3-bed | 2,060 sqft | AED 3.58MAED 3,575,000 · Feb 2022February 2022 | 145,000 /yr | |
| 2504 | 3-bed | 2,162 sqft | AED 4.35MAED 4,350,000 · Dec 2024December 2024 | 145,028 /yr | |
| 2505 | 3-bed | 2,155 sqft | AED 3.28MAED 3,275,000 · Jun 2022June 2022 | 210,000 /yr | |
| 2507 | 3-bed | 2,155 sqft | AED 3.66MAED 3,663,500 · Mar 2023March 2023 | ||
| 2508 | 3-bed | 2,163 sqft | AED 3.05MAED 3,050,000 · Jan 2022January 2022 | 250,000 /yr |
2506, Park Gate Residences 4 in numbers
- Sold twice: first on 13 February 2018 for AED 1,479,000, last on 25 May 2023 for AED 1,600,000 (AED 1,620 per sqft).
- Rented since October 2021 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 4.4%.
- One-beds in Park Gate Residences 4 sold for AED 2,005,500–2,200,000 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 25 May 2023.
Questions about 2506, Park Gate Residences 4
What did unit 2506 last sell for?
AED 1,600,000 on 25 May 2023: AED 1,620 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,479,000 in February 2018.
What is the rent for unit 2506?
AED 70,000 a year on the contract signed on 15 October 2021.
How big is unit 2506?
987 sqft (91.7 sqm): a one-bedroom apartment on the 25th floor of a 27-storey tower completed in 2020.
What is unit 2506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 4 sold for AED 2,005,500 to 2,200,000 in the last 12 months, around AED 2,121 per sqft.
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Mortgage on 2506, Park Gate Residences 4
Starts from the last sale price (AED 1.6M, 25 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →