605, Park Gate Residences 4
Sold prices and rental history: sold twice, last in February 2024, 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 605, Park Gate Residences 4
What is 605 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,609 sqft
- Floor
- 6th of 27
- Parking
- B2-252
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.05M · February 2024
- Building
- Park Gate Residences 4
About 605, Park Gate Residences 4
605 is a two-bedroom apartment of 1,609 sqft on the 6th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 26 February 2024 for AED 2,050,000, or AED 1,274 per sqft, 14% below the AED 1,473 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 25 June 2024, is AED 85,000 a year: a gross yield of 4.2% on the 2024 price.
Sales and rents for 605 over time
605 has sold twice; 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 605 sits
All 106 2-beds →605 last sold in February 2024 at AED 1,274 per sqft, 14% below what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,473). 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. 605's AED 85,000 is in the lower 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 6th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,571 sqft | AED 2.32MAED 2,319,000 · Mar 2018March 2018 | ||
| 602 | 1-bed | 994 sqft | AED 1.56MAED 1,560,000 · Oct 2021October 2021 | ||
| 603 | 2-bed | 1,571 sqft | AED 3MAED 3,000,000 · Mar 2025March 2025 | 165,000 /yr | |
| 604 | 2-bed | 1,553 sqft | AED 1.82MAED 1,819,000 · Mar 2018March 2018 | ||
| 606 | 2-bed | 1,634 sqft | AED 1.79MAED 1,788,000 · Mar 2018March 2018 | 40,000 /yr | |
| 607 | 1-bed | 987 sqft | AED 1.35MAED 1,352,000 · Feb 2018February 2018 | 120,000 /yr | |
| 608 | 2-bed | 1,635 sqft | AED 1.95MAED 1,950,000 · Aug 2022August 2022 | 126,000 /yr | |
| 609 | 2-bed | 1,608 sqft | AED 1.88MAED 1,878,000 · Feb 2018February 2018 | 105,000 /yr | |
| 610 | 2-bed | 1,554 sqft | AED 1.93MAED 1,932,777 · Jun 2022June 2022 | 150,404 /yr |
605, Park Gate Residences 4 in numbers
- Sold twice: first on 13 February 2018 for AED 1,879,000, last on 26 February 2024 for AED 2,050,000 (AED 1,274 per sqft).
- Rented since June 2021 on 4 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 4.2%.
- 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 25 June 2024.
Questions about 605, Park Gate Residences 4
What did unit 605 last sell for?
AED 2,050,000 on 26 February 2024: AED 1,274 per sqft for 1,609 sqft. The unit has 2 registered sales; the first was AED 1,879,000 in February 2018.
What is the rent for unit 605?
AED 85,000 a year on the contract signed on 25 June 2024. The previous contract, from June 2023, was AED 85,000; the unit has been rented since June 2021.
How big is unit 605?
1,609 sqft (149.5 sqm): a two-bedroom apartment on the 6th floor of a 27-storey tower completed in 2020.
What is unit 605 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 605, Park Gate Residences 4
Starts from the last sale price (AED 2.05M, 26 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →