2-bed · 1,528 sqftPark Gate Residences 4, Al Kifaf · 7th floor · completed 2020

705, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.88M11 February 2018
Current rentAED 165K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Park Gate Residences 4

What is 705 worth today?

Last sold for AED 1,876,000 in 2018

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1 Aug 2025RentedRenewal
AED 165,000/yr12 months · AED 108 per sqft
1 Aug 2025RentedRenewal
AED 165,000/yr12 months · AED 108 per sqft
1 Aug 2024RentedNew contract
AED 165,000/yr12 months · AED 108 per sqft
1 Sep 2023RentedRenewal
AED 130,000/yr12 months · AED 85 per sqft
1 Sep 2022RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
11 Feb 2018Sold by developerOff-plan
AED 1,876,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,528 sqft
Floor
7th of 27
Parking
B2-083
Developer
Wasl
Completed
2020
Last sold
AED 1.88M · February 2018

About 705, Park Gate Residences 4

705 is a two-bedroom apartment of 1,528 sqft on the 7th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 11 February 2018 for AED 1,876,000, or AED 1,227 per sqft, in line with the AED 1,210 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 165,000 a year: a gross yield of 8.8% on the 2018 price.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Park Gate Residences 4
2M3M2018202120242027Typical sale price by year: 2018 AED 1,897,000; 2019 AED 1,999,000; 2020 AED 1,877,000; 2021 AED 1,914,000; 2022 AED 2,370,777; 2023 AED 2,400,000; 2024 AED 2,485,000; 2025 AED 3,000,000; 2026 AED 2,800,000Sold by developer, February 2018: AED 1,876,000 (AED 1,227 per sqft)

705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, each contractTypical two-bed in Park Gate Residences 4
100K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 110,000; 2023 AED 118,000; 2024 AED 133,500; 2025 AED 145,000; 2026 AED 140,000New contract, September 2022: AED 130,000 a yearRenewal, September 2023: AED 130,000 a yearNew contract, August 2024: AED 165,000 a yearRenewal, August 2025: AED 165,000 a yearRenewal, August 2025: AED 165,000 a year

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 705 sits

All 108 2-beds →

705 last sold in February 2018 at AED 1,227 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,210). 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. 705's AED 165,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,725,000
11 Sep 20263,000,000
11 Sep 20263,025,000
7 Aug 20262,525,000
12 2-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 7th floor

All 207 units in Park Gate Residences 4
Value
7012-bedAED 2.46M · Jul 2022
7021-bedAED 1.65M · May 2022
7032-bedAED 2.75M · Jun 2023
7042-bedAED 1.83M · Mar 2018
7062-bedAED 1.87M · Jan 2022
7071-bedAED 1.65M · Feb 2024
7082-bedAED 1.79M · Mar 2018
1–7 of 9

705, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 11 February 2018 for AED 1,876,000, or AED 1,227 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 130,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2018 price is 8.8%.
  • 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 1 August 2025.

Questions about 705, Park Gate Residences 4

What did unit 705 last sell for?

AED 1,876,000 on 11 February 2018, sold by the developer: AED 1,227 per sqft for 1,528 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 165,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2025, was AED 165,000; the unit has been rented since September 2022.

How big is unit 705?

1,528 sqft (142.0 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2020.

What is unit 705 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 705, Park Gate Residences 4

Starts from the last sale price (AED 1.88M, 11 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,876,000
Deposit, UAE resident (20%)
AED 375,200
Deposit, non-resident (40%)
AED 750,400
Monthly over 25 years at 3.7%
AED 7,675

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