1706, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in April 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 1706, Park Gate Residences 4
What is 1706 worth today?
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Source: Dubai Land Department. Updated 27 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,634 sqft
- Floor
- 17th of 27
- Parking
- CD2-033
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.89M · April 2018
- Building
- Park Gate Residences 4
About 1706, Park Gate Residences 4
1706 is a two-bedroom apartment of 1,634 sqft on the 17th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 16 April 2018 for AED 1,885,000, or AED 1,153 per sqft, 4% below the AED 1,199 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 27 September 2024, is AED 140,000 a year: a gross yield of 7.4% on the 2018 price.
Sales and rents for 1706 over time
1706 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 1706 sits
All 106 2-beds →1706 last sold in April 2018 at AED 1,153 per sqft, 4% below what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,199). 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. 1706'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 17th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,572 sqft | AED 2.43MAED 2,433,000 · Apr 2018April 2018 | 135,000 /yr | |
| 1702 | 1-bed | 994 sqft | AED 1.57MAED 1,574,000 · Apr 2018April 2018 | 94,710 /yr | |
| 1703 | 2-bed | 1,572 sqft | AED 2.48MAED 2,475,000 · Aug 2022August 2022 | ||
| 1704 | 2-bed | 1,554 sqft | AED 1.94MAED 1,935,000 · Feb 2018February 2018 | 145,000 /yr | |
| 1705 | 2-bed | 1,611 sqft | AED 2MAED 1,999,000 · Dec 2019December 2019 | ||
| 1707 | 1-bed | 987 sqft | AED 1.43MAED 1,426,000 · Feb 2018February 2018 | 110,000 /yr | |
| 1708 | 2-bed | 1,634 sqft | AED 1.89MAED 1,886,000 · Feb 2018February 2018 | 106,260 /yr | |
| 1709 | 2-bed | 1,610 sqft | AED 1.98MAED 1,980,000 · Dec 2019December 2019 | 160,637 /yr | |
| 1710 | 2-bed | 1,555 sqft | AED 1.92MAED 1,918,000 · Apr 2021April 2021 |
1706, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 16 April 2018 for AED 1,885,000, or AED 1,153 per sqft.
- Rented since May 2021 on 4 Ejari contracts, from AED 87,500 to AED 140,000 a year.
- At AED 140,000 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 27 September 2024.
Questions about 1706, Park Gate Residences 4
What did unit 1706 last sell for?
AED 1,885,000 on 16 April 2018, sold by the developer: AED 1,153 per sqft for 1,634 sqft. It is the only registered sale of the unit.
What is the rent for unit 1706?
AED 140,000 a year on the contract signed on 27 September 2024. The previous contract, from September 2023, was AED 140,000; the unit has been rented since May 2021.
How big is unit 1706?
1,634 sqft (151.8 sqm): a two-bedroom apartment on the 17th floor of a 27-storey tower completed in 2020.
What is unit 1706 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 1706, Park Gate Residences 4
Starts from the last sale price (AED 1.89M, 16 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,885,000
- Deposit, UAE resident (20%)
- AED 377,000
- Deposit, non-resident (40%)
- AED 754,000
- Monthly over 25 years at 3.7%
- AED 7,712
Plus AED 84,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →