2-bed · 1,529 sqftPark Gate Residences 4, Al Kifaf · 13th floor · completed 2020

1305, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.93M23 December 2019
Current rentAED 105K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Park Gate Residences 4

What is 1305 worth today?

Last sold for AED 1,931,000 in 2019

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1 May 2025RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft
1 May 2023RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
1 May 2022RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
5 Apr 2021RentedNew contract
AED 85,000/yr13 months · AED 56 per sqft
23 Dec 2019Sold by developerOff-plan
AED 1,931,000AED 1,263 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,529 sqft
Floor
13th of 27
Parking
B1-063
Developer
Wasl
Completed
2020
Last sold
AED 1.93M · December 2019

About 1305, Park Gate Residences 4

1305 is a two-bedroom apartment of 1,529 sqft on the 13th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 23 December 2019 for AED 1,931,000, or AED 1,263 per sqft, in line with the AED 1,263 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 105,000 a year: a gross yield of 5.4% on the 2019 price.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical two-bed in Park Gate Residences 4
2M2.5M2018202020222024Typical sale price by year: 2018 AED 1,897,000; 2019 AED 1,999,000; 2020 AED 1,877,000; 2021 AED 1,918,000; 2022 AED 2,370,777; 2023 AED 2,400,000; 2024 AED 2,485,000Sold by developer, December 2019: AED 1,931,000 (AED 1,263 per sqft)

1305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, each contractTypical two-bed in Park Gate Residences 4
100K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 110,000; 2023 AED 115,000; 2024 AED 133,500; 2025 AED 145,000; 2026 AED 137,000New contract, April 2021: AED 85,000 a yearNew contract, May 2022: AED 85,000 a yearNew contract, May 2023: AED 85,000 a yearRenewal, May 2025: AED 105,000 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 1305 sits

All 106 2-beds →

1305 last sold in December 2019 at AED 1,263 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,263). Over the last 12 months two-beds sold for AED 2,750,000, around AED 1,683 per sqft, and rent for AED 80,000 to 180,000 a year. 1305's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20262,750,000
24 Mar 20253,000,000
6 Mar 20253,025,000
20 Mar 20242,470,000
1 2-bed sale 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,927
Typical sale
AED 2.75M
Typical rent
AED 121K /yr
Typical yield
4.9%
Park Gate Residences 4, Al Kifaf: prices, sales and rents →

Other units on the 13th floor

All 207 units in Park Gate Residences 4
Value
13012-bedAED 2.48M · Aug 2022
13021-bedAED 1.66M · Jun 2022
13032-bedAED 2.56M · Apr 2022
13042-bedAED 1.88M · Feb 2018
13062-bedAED 1.85M · Jan 2018
13071-bedAED 1.4M · Feb 2018
13082-bedAED 1.75M · Jun 2021
1–7 of 9

1305, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 23 December 2019 for AED 1,931,000, or AED 1,263 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 85,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 5.4%.
  • Two-beds in Park Gate Residences 4 sold for AED 2,750,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,927 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 1305, Park Gate Residences 4

What did unit 1305 last sell for?

AED 1,931,000 on 23 December 2019, sold by the developer: AED 1,263 per sqft for 1,529 sqft. It is the only registered sale of the unit.

What is the rent for unit 1305?

AED 105,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2023, was AED 85,000; the unit has been rented since April 2021.

How big is unit 1305?

1,529 sqft (142.0 sqm): a two-bedroom apartment on the 13th floor of a 27-storey tower completed in 2020.

What is unit 1305 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 2,750,000 to 2,750,000 in the last 12 months, around AED 1,683 per sqft.

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Mortgage on 1305, Park Gate Residences 4

Starts from the last sale price (AED 1.93M, 23 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,931,000
Deposit, UAE resident (20%)
AED 386,200
Deposit, non-resident (40%)
AED 772,400
Monthly over 25 years at 3.7%
AED 7,900

Plus AED 86,112 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →