2-bed · 1,477 sqftPark Gate Residences 4, Al Kifaf · 9th floor · completed 2020

903, Park Gate Residences 4

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 2.5M11 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Park Gate Residences 4

What is 903 worth today?

Last sold for AED 2,501,777 in 2022

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11 Apr 2022Sold by developerReady
AED 2,501,777AED 1,693 per sqft

Source: Dubai Land Department. Updated 11 April 2022.

Key facts

Type
2-bed apartment
Size
1,477 sqft
Floor
9th of 27
Parking
B2-257
Developer
Wasl
Completed
2020
Last sold
AED 2.5M · April 2022

About 903, Park Gate Residences 4

903 is a two-bedroom apartment of 1,477 sqft on the 9th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 11 April 2022 for AED 2,501,777, or AED 1,693 per sqft, 34% above the AED 1,264 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 903 over time

Sales
Unit 903, 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, April 2022: AED 2,501,777 (AED 1,693 per sqft)

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

Rents
Unit 903, 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 137,000

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 903 sits

All 106 2-beds →

903 last sold in April 2022 at AED 1,693 per sqft, 34% above what two-beds in Park Gate Residences 4 were fetching at the time (AED 1,264). 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.

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 9th floor

All 207 units in Park Gate Residences 4
Value
9012-bedAED 2M · Nov 2020
9021-bedAED 1.52M · Jan 2019
9042-bedAED 1.85M · Apr 2018
9052-bedAED 2.4M · Jul 2023
9062-bedAED 1.78M · Nov 2021
9071-bedAED 1.37M · Feb 2018
9082-bedAED 1.82M · Aug 2021
1–7 of 9

903, Park Gate Residences 4 in numbers

  • Sold once: by Wasl on 11 April 2022 for AED 2,501,777, or AED 1,693 per sqft.
  • 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 11 April 2022.

Questions about 903, Park Gate Residences 4

What did unit 903 last sell for?

AED 2,501,777 on 11 April 2022, sold by the developer: AED 1,693 per sqft for 1,477 sqft. It is the only registered sale of the unit.

How big is unit 903?

1,477 sqft (137.2 sqm): a two-bedroom apartment on the 9th floor of a 27-storey tower completed in 2020.

What is unit 903 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 903, Park Gate Residences 4

Starts from the last sale price (AED 2.5M, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,501,777
Deposit, UAE resident (20%)
AED 500,355
Deposit, non-resident (40%)
AED 1,000,711
Monthly over 25 years at 3.7%
AED 10,236

Plus AED 110,085 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →