3-bed · 2,163 sqftPark Gate Residences 4, Al Kifaf · 26th floor · completed 2020

2608, Park Gate Residences 4

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2608 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 3M6 January 2022
Current rentAED 263K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2608, Park Gate Residences 4

What is 2608 worth today?

Last sold for AED 3,000,000 in 2022

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10 Mar 2025RentedRenewal
AED 262,500/yr12 months · AED 121 per sqft
10 Mar 2024RentedNew contract
AED 250,000/yr12 months · AED 116 per sqft
25 Jul 2023RentedRenewal
AED 190,000/yr6 months · AED 88 per sqft
25 Jul 2022RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
6 Jan 2022SoldReady
AED 3,000,000AED 1,387 per sqft
1 May 2021RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
24 Apr 2018Sold by developerOff-plan
AED 2,981,000AED 1,378 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2025.

Key facts

Type
3-bed apartment
Size
2,163 sqft
Floor
26th of 27
Parking
B1-064, B1-065
Developer
Wasl
Completed
2020
Last sold
AED 3M · January 2022

About 2608, Park Gate Residences 4

2608 is a three-bedroom apartment of 2,163 sqft on the 26th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 6 January 2022 for AED 3,000,000, or AED 1,387 per sqft, in line with the AED 1,386 three-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 March 2025, is AED 262,500 a year: a gross yield of 8.8% on the 2022 price.

Sales and rents for 2608 over time

Sales
Unit 2608, each saleTypical three-bed in Park Gate Residences 4
3M4M2018202020222024Typical sale price by year: 2018 AED 2,955,000; 2020 AED 2,815,000; 2021 AED 3,050,000; 2022 AED 3,225,000; 2024 AED 4,137,500Sold by developer, April 2018: AED 2,981,000 (AED 1,378 per sqft)Sold, January 2022: AED 3,000,000 (AED 1,387 per sqft)

2608 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2608, each contractTypical three-bed in Park Gate Residences 4
200K202120232025Typical rent by year: 2021 AED 132,500; 2022 AED 147,500; 2023 AED 175,000; 2024 AED 203,500; 2025 AED 231,500New contract, May 2021: AED 130,000 a yearNew contract, July 2022: AED 190,000 a yearRenewal, July 2023: AED 190,000 a yearNew contract, March 2024: AED 250,000 a yearRenewal, March 2025: AED 262,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Gate Residences 4, and where 2608 sits

All 49 3-beds →

2608 last sold in January 2022 at AED 1,387 per sqft, in line with what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,386). Over the last 12 months three-beds sold for AED 3,850,000, around AED 1,927 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jan 20263,850,000
17 Feb 20254,200,000
11 Dec 20244,350,000
17 Sep 20243,980,000
1 3-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 26th floor

All 207 units in Park Gate Residences 4
Value
26013-bedAED 3.31M · Feb 2018
26021-bedAED 1.53M · Sep 2021
26033-bedAED 3.05M · Jun 2021
26043-bedAED 4.18M · May 2024
26053-bedAED 2.95M · Oct 2021
26061-bedAED 1.64M · May 2023
26073-bedAED 2.96M · Mar 2018

2608, Park Gate Residences 4 in numbers

  • Sold twice: first on 24 April 2018 for AED 2,981,000, last on 6 January 2022 for AED 3,000,000 (AED 1,387 per sqft).
  • Rented since May 2021 on 5 Ejari contracts, from AED 130,000 to AED 262,500 a year.
  • At AED 262,500 a year the gross yield on the 2022 price is 8.8%.
  • Three-beds in Park Gate Residences 4 sold for AED 3,850,000–3,850,000 in the 12 months to November 2026; the building's median across all types is AED 1,927 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2025.

Questions about 2608, Park Gate Residences 4

What did unit 2608 last sell for?

AED 3,000,000 on 6 January 2022: AED 1,387 per sqft for 2,163 sqft. The unit has 2 registered sales; the first was AED 2,981,000 in April 2018.

What is the rent for unit 2608?

AED 262,500 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 250,000; the unit has been rented since May 2021.

How big is unit 2608?

2,163 sqft (200.9 sqm): a three-bedroom apartment on the 26th floor of a 27-storey tower completed in 2020.

What is unit 2608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Gate Residences 4 sold for AED 3,850,000 to 3,850,000 in the last 12 months, around AED 1,927 per sqft.

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Mortgage on 2608, Park Gate Residences 4

Starts from the last sale price (AED 3M, 6 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →