1408, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Park Gate Residences 4
What is 1408 worth today?
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Source: Dubai Land Department. Updated 28 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,557 sqft
- Floor
- 14th of 27
- Parking
- B1-070
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.85M · February 2018
- Building
- Park Gate Residences 4
About 1408, Park Gate Residences 4
1408 is a two-bedroom apartment of 1,557 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 8 February 2018 for AED 1,848,000, or AED 1,187 per sqft, in line with the AED 1,203 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 28 August 2021. The current contract, signed on 28 August 2021, is AED 90,000 a year: a gross yield of 4.9% on the 2018 price.
Sales and rents for 1408 over time
1408 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 1408 sits
All 106 2-beds →1408 last sold in February 2018 at AED 1,187 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,203). 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. 1408's AED 90,000 is in the lower 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 | ||
| 1406 | 2-bed | 1,634 sqft | AED 1.86MAED 1,859,000 · Jan 2018January 2018 | 140,000 /yr | |
| 1407 | 1-bed | 987 sqft | AED 1.41MAED 1,406,000 · Mar 2018March 2018 | 105,000 /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 |
1408, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 8 February 2018 for AED 1,848,000, or AED 1,187 per sqft.
- Rented since August 2021 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2018 price is 4.9%.
- 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 28 August 2021.
Questions about 1408, Park Gate Residences 4
What did unit 1408 last sell for?
AED 1,848,000 on 8 February 2018, sold by the developer: AED 1,187 per sqft for 1,557 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 90,000 a year on the contract signed on 28 August 2021.
How big is unit 1408?
1,557 sqft (144.7 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2020.
What is unit 1408 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 1408, Park Gate Residences 4
Starts from the last sale price (AED 1.85M, 8 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,848,000
- Deposit, UAE resident (20%)
- AED 369,600
- Deposit, non-resident (40%)
- AED 739,200
- Monthly over 25 years at 3.7%
- AED 7,561
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →