1406, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Park Gate Residences 4
What is 1406 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,634 sqft
- Floor
- 14th of 27
- Parking
- B1-056
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.86M · January 2018
- Building
- Park Gate Residences 4
About 1406, Park Gate Residences 4
1406 is a two-bedroom apartment of 1,634 sqft on the 14th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 17 January 2018 for AED 1,859,000, or AED 1,137 per sqft, in line with the AED 1,140 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 15 May 2025, is AED 140,000 a year: a gross yield of 7.5% on the 2018 price.
Sales and rents for 1406 over time
1406 has sold once; 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 1406 sits
All 106 2-beds →1406 last sold in January 2018 at AED 1,137 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,140). 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. 1406's AED 140,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,633 sqft | 2,750,000 | 1,683 | ||
| 24 Mar 202524 March 2025 | 1,571 sqft | 3,000,000 | 1,909 | ||
| 6 Mar 20256 March 2025 | 1,610 sqft | 3,025,000 | 1,878 | ||
| 20 Mar 202420 March 2024 | 1,634 sqft | 2,470,000 | 1,511 |
Park Gate Residences 4
Building207 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%
Other units on the 14th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,479 sqft | AED 2.39MAED 2,386,000 · Mar 2018March 2018 | 145,000 /yr | |
| 1402 | 1-bed | 994 sqft | AED 1.55MAED 1,553,000 · Mar 2018March 2018 | 105,000 /yr | |
| 1403 | 2-bed | 1,572 sqft | AED 2.1MAED 2,100,000 · Nov 2021November 2021 | 150,000 /yr | |
| 1404 | 2-bed | 1,554 sqft | AED 1.91MAED 1,910,000 · Aug 2021August 2021 | ||
| 1405 | 2-bed | 1,611 sqft | AED 1.95MAED 1,953,000 · Jan 2018January 2018 | ||
| 1407 | 1-bed | 987 sqft | AED 1.41MAED 1,406,000 · Mar 2018March 2018 | 105,000 /yr | |
| 1408 | 2-bed | 1,557 sqft | AED 1.85MAED 1,848,000 · Feb 2018February 2018 | 90,000 /yr | |
| 1409 | 2-bed | 1,610 sqft | AED 2.05MAED 2,050,000 · Sep 2021September 2021 | ||
| 1410 | 2-bed | 1,555 sqft | AED 1.89MAED 1,891,000 · Mar 2018March 2018 |
1406, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 17 January 2018 for AED 1,859,000, or AED 1,137 per sqft.
- Rented since May 2021 on 4 Ejari contracts, from AED 85,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2018 price is 7.5%.
- 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 15 May 2025.
Questions about 1406, Park Gate Residences 4
What did unit 1406 last sell for?
AED 1,859,000 on 17 January 2018, sold by the developer: AED 1,137 per sqft for 1,634 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 140,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 140,000; the unit has been rented since May 2021.
How big is unit 1406?
1,634 sqft (151.8 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.
What is unit 1406 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 1406, Park Gate Residences 4
Starts from the last sale price (AED 1.86M, 17 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,859,000
- Deposit, UAE resident (20%)
- AED 371,800
- Deposit, non-resident (40%)
- AED 743,600
- Monthly over 25 years at 3.7%
- AED 7,606
Plus AED 83,088 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →