1604, 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.
Property timeline for 1604, Park Gate Residences 4
What is 1604 worth today?
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Source: Dubai Land Department. Updated 10 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,554 sqft
- Floor
- 16th of 27
- Parking
- CD2-099
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.93M · February 2018
- Building
- Park Gate Residences 4
About 1604, Park Gate Residences 4
1604 is a two-bedroom apartment of 1,554 sqft on the 16th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 February 2018 for AED 1,926,000, or AED 1,239 per sqft, in line with the AED 1,204 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 10 April 2025, is AED 141,750 a year: a gross yield of 7.4% on the 2018 price.
Sales and rents for 1604 over time
1604 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 1604 sits
All 106 2-beds →1604 last sold in February 2018 at AED 1,239 per sqft, in line with what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,204). 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. 1604's AED 141,750 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 16th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,572 sqft | AED 2.6MAED 2,600,000 · Mar 2022March 2022 | 160,000 /yr | |
| 1602 | 1-bed | 994 sqft | AED 1.88MAED 1,875,000 · Apr 2024April 2024 | 110,000 /yr | |
| 1603 | 2-bed | 1,479 sqft | AED 2.58MAED 2,579,777 · Apr 2022April 2022 | 168,000 /yr | |
| 1605 | 2-bed | 1,611 sqft | AED 2MAED 2,000,000 · Sep 2021September 2021 | 92,000 /yr | |
| 1606 | 2-bed | 1,556 sqft | AED 2.5MAED 2,500,000 · Feb 2024February 2024 | 115,000 /yr | |
| 1607 | 987 sqft | AED 1.83MAED 1,830,000 · Oct 2025October 2025 | 82,500 /yr | ||
| 1608 | 2-bed | 1,634 sqft | AED 2.47MAED 2,470,000 · Mar 2024March 2024 | 115,000 /yr | |
| 1609 | 2-bed | 1,610 sqft | AED 3.03MAED 3,025,000 · Mar 2025March 2025 | 122,000 /yr | |
| 1610 | 2-bed | 1,555 sqft | AED 1.91MAED 1,909,000 · Feb 2018February 2018 | 150,000 /yr |
1604, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 13 February 2018 for AED 1,926,000, or AED 1,239 per sqft.
- Rented since May 2021 on 5 Ejari contracts, from AED 85,000 to AED 141,750 a year.
- At AED 141,750 a year the gross yield on the 2018 price is 7.4%.
- 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 10 April 2025.
Questions about 1604, Park Gate Residences 4
What did unit 1604 last sell for?
AED 1,926,000 on 13 February 2018, sold by the developer: AED 1,239 per sqft for 1,554 sqft. It is the only registered sale of the unit.
What is the rent for unit 1604?
AED 141,750 a year on the contract renewed on 10 April 2025. The previous contract, from April 2024, was AED 135,000; the unit has been rented since May 2021.
How big is unit 1604?
1,554 sqft (144.4 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2020.
What is unit 1604 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 1604, Park Gate Residences 4
Starts from the last sale price (AED 1.93M, 13 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,926,000
- Deposit, UAE resident (20%)
- AED 385,200
- Deposit, non-resident (40%)
- AED 770,400
- Monthly over 25 years at 3.7%
- AED 7,880
Plus AED 85,902 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →