2-bed · 1,527 sqftPark Gate Residences 4, Al Kifaf · 7th floor · completed 2020

709, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.88M11 February 2018
Current rentAED 150K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Park Gate Residences 4

What is 709 worth today?

Last sold for AED 1,875,000 in 2018

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1 Jun 2026RentedRenewal
AED 150,000/yr12 months · AED 98 per sqft
1 Jun 2025RentedRenewal
AED 150,000/yr12 months · AED 98 per sqft
1 Jun 2025RentedRenewal
AED 150,000/yr12 months · AED 98 per sqft
1 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft
10 Aug 2023RentedRenewal
AED 95,176/yr9 months · AED 62 per sqft
10 Aug 2022RentedRenewal
AED 95,000/yr12 months · AED 62 per sqft
10 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
11 Feb 2018Sold by developerOff-plan
AED 1,875,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,527 sqft
Floor
7th of 27
Parking
B2-055
Developer
Wasl
Completed
2020
Last sold
AED 1.88M · February 2018

About 709, Park Gate Residences 4

709 is a two-bedroom apartment of 1,527 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 1,875,000, 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 2021 on 7 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 150,000 a year: a gross yield of 8.0% on the 2018 price.

Sales and rents for 709 over time

Sales
Unit 709, 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 1,875,000 (AED 1,227 per sqft)

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

Rents
Unit 709, 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, August 2021: AED 85,000 a yearRenewal, August 2022: AED 95,000 a yearRenewal, August 2023: AED 95,176 a yearNew contract, June 2024: AED 150,000 a yearRenewal, June 2025: AED 150,000 a yearRenewal, June 2025: AED 150,000 a yearRenewal, June 2026: AED 150,000 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 709 sits

All 108 2-beds →

709 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. 709's AED 150,000 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
7052-bedAED 1.88M · Feb 2018
7062-bedAED 1.87M · Jan 2022
7071-bedAED 1.65M · Feb 2024
1–7 of 9

709, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 11 February 2018 for AED 1,875,000, or AED 1,227 per sqft.
  • Rented since August 2021 on 7 Ejari contracts, from AED 85,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 8.0%.
  • 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 June 2026.

Questions about 709, Park Gate Residences 4

What did unit 709 last sell for?

AED 1,875,000 on 11 February 2018, sold by the developer: AED 1,227 per sqft for 1,527 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 150,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 150,000; the unit has been rented since August 2021.

How big is unit 709?

1,527 sqft (141.9 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2020.

What is unit 709 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 709, 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 1,875,000
Deposit, UAE resident (20%)
AED 375,000
Deposit, non-resident (40%)
AED 750,000
Monthly over 25 years at 3.7%
AED 7,671

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