3-bed · 2,060 sqftPark Gate Residences 4, Al Kifaf · 26th floor · completed 2020

2603, Park Gate Residences 4

Sold prices and rental history: sold twice, last in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 28 June 2021
Last soldAED 3.05M28 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Park Gate Residences 4

What is 2603 worth today?

Last sold for AED 3,050,000 in 2021

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28 Jun 2021SoldReady
AED 3,050,000AED 1,480 per sqft
22 Jan 2018Sold by developerOff-plan
AED 3,311,000AED 1,607 per sqft

Source: Dubai Land Department. Updated 28 June 2021.

Key facts

Type
3-bed apartment
Size
2,060 sqft
Floor
26th of 27
Parking
CD2-117, CD2-118
Developer
Wasl
Completed
2020
Last sold
AED 3.05M · June 2021

About 2603, Park Gate Residences 4

2603 is a three-bedroom apartment of 2,060 sqft on the 26th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 28 June 2021 for AED 3,050,000, or AED 1,480 per sqft, 6% above the AED 1,395 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2603 over time

Sales
Unit 2603, 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 3,311,000 (AED 1,607 per sqft)Sold, June 2021: AED 3,050,000 (AED 1,480 per sqft)

2603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2603, 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 220,000

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 2603 sits

All 50 3-beds →

2603 last sold in June 2021 at AED 1,480 per sqft, 6% above what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,395). 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.

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 26th floor

All 207 units in Park Gate Residences 4
Value
26013-bedAED 3.31M · Feb 2018
26021-bedAED 1.53M · Sep 2021
26043-bedAED 4.18M · May 2024
26053-bedAED 2.95M · Oct 2021
26061-bedAED 1.64M · May 2023
26073-bedAED 2.96M · Mar 2018
26083-bedAED 3M · Jan 2022

2603, Park Gate Residences 4 in numbers

  • Sold twice: first on 22 January 2018 for AED 3,311,000, last on 28 June 2021 for AED 3,050,000 (AED 1,480 per sqft).
  • 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 28 June 2021.

Questions about 2603, Park Gate Residences 4

What did unit 2603 last sell for?

AED 3,050,000 on 28 June 2021: AED 1,480 per sqft for 2,060 sqft. The unit has 2 registered sales; the first was AED 3,311,000 in January 2018.

How big is unit 2603?

2,060 sqft (191.4 sqm): a three-bedroom apartment on the 26th floor of a 27-storey tower completed in 2020.

What is unit 2603 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 2603, Park Gate Residences 4

Starts from the last sale price (AED 3.05M, 28 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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