508, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Park Gate Residences 4
What is 508 worth today?
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Source: Dubai Land Department. Updated 22 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,590 sqft
- Floor
- 5th of 27
- Parking
- B2-245, B2-246
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.19M · August 2021
- Building
- Park Gate Residences 4
About 508, Park Gate Residences 4
508 is a three-bedroom apartment of 2,590 sqft on the 5th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 19 August 2021 for AED 3,191,777, or AED 1,232 per sqft, 10% below the AED 1,370 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 August 2025. The current contract, signed on 22 August 2025, is AED 228,000 a year: a gross yield of 7.1% on the 2021 price.
Sales and rents for 508 over time
508 has sold once; the dashed line is the three-bed median of each year in the building.
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 508 sits
All 49 3-beds →508 last sold in August 2021 at AED 1,232 per sqft, 10% below what three-beds in Park Gate Residences 4 were fetching at the time (AED 1,370). Over the last 12 months three-beds sold for AED 3,850,000, around AED 1,927 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 1,997 sqft | 3,850,000 | 1,927 | ||
| 17 Feb 202517 February 2025 | 2,162 sqft | 4,200,000 | 1,942 | ||
| 11 Dec 202411 December 2024 | 2,162 sqft | 4,350,000 | 2,011 | ||
| 17 Sep 202417 September 2024 | 2,155 sqft | 3,980,000 | 1,846 |
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 5th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,535 sqft | AED 3.56MAED 3,564,777 · May 2021May 2021 | ||
| 502 | 1-bed | 993 sqft | AED 1.5MAED 1,500,000 · Jun 2023June 2023 | 111,000 /yr | |
| 503 | 2-bed | 2,042 sqft | AED 2.55MAED 2,550,000 · Jul 2023July 2023 | 163,000 /yr | |
| 504 | 2-bed | 1,742 sqft | AED 1.85MAED 1,852,000 · Feb 2018February 2018 | 110,000 /yr | |
| 505 | 2-bed | 1,713 sqft | AED 1.9MAED 1,897,000 · Feb 2018February 2018 | ||
| 506 | 2-bed | 2,138 sqft | AED 2.37MAED 2,370,777 · Nov 2022November 2022 | ||
| 507 | 1-bed | 992 sqft | AED 1.33MAED 1,334,000 · Mar 2018March 2018 | 100,000 /yr |
508, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 19 August 2021 for AED 3,191,777, or AED 1,232 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 228,000 a year.
- At AED 228,000 a year the gross yield on the 2021 price is 7.1%.
- 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: Dubai Land Department. Updated 22 August 2025.
Questions about 508, Park Gate Residences 4
What did unit 508 last sell for?
AED 3,191,777 on 19 August 2021, sold by the developer: AED 1,232 per sqft for 2,590 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 228,000 a year on the contract signed on 22 August 2025.
How big is unit 508?
2,590 sqft (240.6 sqm): a three-bedroom apartment on the 5th floor of a 27-storey tower completed in 2020.
What is unit 508 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 508, Park Gate Residences 4
Starts from the last sale price (AED 3.19M, 19 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,191,777
- Deposit, UAE resident (20%)
- AED 638,355
- Deposit, non-resident (40%)
- AED 1,276,711
- Monthly over 25 years at 3.7%
- AED 13,059
Plus AED 139,065 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →