2-bed · 1,635 sqftPark Gate Residences 4, Al Kifaf · 18th floor · completed 2020

1806, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1806 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.97M23 January 2018
Current rentAED 121K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Park Gate Residences 4

What is 1806 worth today?

Last sold for AED 1,968,000 in 2018

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1 Dec 2024RentedRenewal
AED 121,000/yr12 months · AED 74 per sqft
1 Dec 2023RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
1 Dec 2021RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
23 Jan 2018Sold by developerOff-plan
AED 1,968,000AED 1,203 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
18th of 27
Parking
CD2-039
Developer
Wasl
Completed
2020
Last sold
AED 1.97M · January 2018

About 1806, Park Gate Residences 4

1806 is a two-bedroom apartment of 1,635 sqft on the 18th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 23 January 2018 for AED 1,968,000, or AED 1,203 per sqft, in line with the AED 1,203 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 121,000 a year: a gross yield of 6.2% on the 2018 price.

Sales and rents for 1806 over time

Sales
Unit 1806, 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, January 2018: AED 1,968,000 (AED 1,203 per sqft)

1806 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1806, each contractTypical two-bed in Park Gate Residences 4
100K125K150K2021202320252027Typical 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, December 2021: AED 110,000 a yearRenewal, December 2023: AED 110,000 a yearRenewal, December 2024: AED 121,000 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 1806 sits

All 106 2-beds →

1806 last sold in January 2018 at AED 1,203 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. 1806's AED 121,000 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 18th floor

All 207 units in Park Gate Residences 4
Value
18012-bedAED 2.44M · Jan 2018
18021-bedAED 1.58M · Jan 2018
18032-bedAED 2.44M · Jan 2018
18042-bedAED 1.94M · Jan 2018
18052-bedAED 2.01M · Jan 2018
18071-bedAED 1.43M · Jan 2018
18082-bedAED 1.97M · Jan 2018
1–7 of 9

1806, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 23 January 2018 for AED 1,968,000, or AED 1,203 per sqft.
  • Rented since December 2021 on 3 Ejari contracts, from AED 110,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2018 price is 6.2%.
  • 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 December 2024.

Questions about 1806, Park Gate Residences 4

What did unit 1806 last sell for?

AED 1,968,000 on 23 January 2018, sold by the developer: AED 1,203 per sqft for 1,635 sqft. It is the only registered sale of the unit.

What is the rent for unit 1806?

AED 121,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 110,000; the unit has been rented since December 2021.

How big is unit 1806?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 18th floor of a 27-storey tower completed in 2020.

What is unit 1806 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 1806, Park Gate Residences 4

Starts from the last sale price (AED 1.97M, 23 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,968,000
Deposit, UAE resident (20%)
AED 393,600
Deposit, non-resident (40%)
AED 787,200
Monthly over 25 years at 3.7%
AED 8,052

Plus AED 87,666 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →