703, Park Gate Residences 4
Sold prices and rental history: sold twice, last in June 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Park Gate Residences 4
What is 703 worth today?
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Source: Dubai Land Department. Updated 20 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 7th of 27
- Parking
- B2-259
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.75M · June 2023
- Building
- Park Gate Residences 4
About 703, Park Gate Residences 4
703 is a two-bedroom apartment of 1,571 sqft on the 7th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 20 June 2023 for AED 2,750,000, or AED 1,750 per sqft, 18% above the AED 1,482 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 November 2022. The current contract, signed on 20 November 2022, is AED 145,000 a year: a gross yield of 5.3% on the 2023 price.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the two-bed median of each year in the building.
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 703 sits
All 108 2-beds →703 last sold in June 2023 at AED 1,750 per sqft, 18% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,482). 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. 703's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,554 sqft | 2,725,000 | 1,753 | ||
| 11 Sep 202611 September 2026 | 1,529 sqft | 3,000,000 | 1,962 | ||
| 11 Sep 202611 September 2026 | 1,634 sqft | 3,025,000 | 1,851 | ||
| 7 Aug 20267 August 2026 | 1,555 sqft | 2,525,000 | 1,624 |
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 7th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,477 sqft | AED 2.46MAED 2,455,777 · Jul 2022July 2022 | 147,000 /yr | |
| 702 | 1-bed | 994 sqft | AED 1.65MAED 1,650,000 · May 2022May 2022 | ||
| 704 | 2-bed | 1,553 sqft | AED 1.83MAED 1,828,000 · Mar 2018March 2018 | 145,000 /yr | |
| 705 | 2-bed | 1,528 sqft | AED 1.88MAED 1,876,000 · Feb 2018February 2018 | 165,000 /yr | |
| 706 | 2-bed | 1,634 sqft | AED 1.87MAED 1,867,000 · Jan 2022January 2022 | ||
| 707 | 1-bed | 987 sqft | AED 1.65MAED 1,650,000 · Feb 2024February 2024 | 100,000 /yr | |
| 708 | 2-bed | 1,557 sqft | AED 1.79MAED 1,786,000 · Mar 2018March 2018 | ||
| 709 | 2-bed | 1,527 sqft | AED 1.88MAED 1,875,000 · Feb 2018February 2018 | 150,000 /yr | |
| 710 | 2-bed | 1,554 sqft | AED 1.83MAED 1,829,000 · Mar 2018March 2018 |
703, Park Gate Residences 4 in numbers
- Sold twice: first on 9 August 2022 for AED 2,495,777, last on 20 June 2023 for AED 2,750,000 (AED 1,750 per sqft).
- Rented since November 2022 on one Ejari contract, at AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 5.3%.
- 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 20 June 2023.
Questions about 703, Park Gate Residences 4
What did unit 703 last sell for?
AED 2,750,000 on 20 June 2023: AED 1,750 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,495,777 in August 2022.
What is the rent for unit 703?
AED 145,000 a year on the contract signed on 20 November 2022.
How big is unit 703?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2020.
What is unit 703 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 703, Park Gate Residences 4
Starts from the last sale price (AED 2.75M, 20 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →