2303, Park Gate Residences 1
Sold prices and rental history: sold twice, last in June 2024, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Park Gate Residences 1
What is 2303 worth today?
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Source: Dubai Land Department. Updated 6 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,060 sqft
- Floor
- 23rd of 27
- Parking
- AB4-043, AB4-044
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 4.3M · June 2024
- Building
- Park Gate Residences 1
About 2303, Park Gate Residences 1
2303 is a three-bedroom apartment of 2,060 sqft on the 23rd floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 6 June 2024 for AED 4,300,000, or AED 2,087 per sqft, 4% above the AED 2,014 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 December 2023. The current contract, signed on 10 December 2023, is AED 120,000 a year: a gross yield of 2.8% on the 2024 price.
Sales and rents for 2303 over time
2303 has sold twice; 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 1, and where 2303 sits
All 49 3-beds →2303 last sold in June 2024 at AED 2,087 per sqft, 4% above what three-beds in Park Gate Residences 1 were fetching at the time (AED 2,014).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 2,163 sqft | 4,000,000 | 1,849 | ||
| 21 Jan 202521 January 2025 | 2,155 sqft | 4,200,000 | 1,948 | ||
| 18 Jul 202418 July 2024 | 1,967 sqft | 4,250,000 | 2,160 | ||
| 22 Feb 202422 February 2024 | 2,060 sqft | 4,300,000 | 2,087 |
Park Gate Residences 1
Building204 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 1,835
- Typical sale
- AED 2.75M
- Typical rent
- AED 155K /yr
- Typical yield
- 5.6%
Other units on the 23rd floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 2,060 sqft | AED 3.47MAED 3,470,777 · Apr 2020April 2020 | ||
| 2302 | 1-bed | 995 sqft | AED 1.82MAED 1,820,777 · Apr 2022April 2022 | ||
| 2304 | 3-bed | 648 sqft | AED 2.93MAED 2,925,000 · Feb 2021February 2021 | ||
| 2305 | 3-bed | 2,155 sqft | AED 3.12MAED 3,121,777 · Apr 2021April 2021 | ||
| 2306 | 1-bed | 987 sqft | AED 1.65MAED 1,653,777 · Apr 2022April 2022 | 110,000 /yr | |
| 2307 | 3-bed | 2,155 sqft | AED 3.23MAED 3,226,777 · Jul 2022July 2022 | 183,000 /yr | |
| 2308 | 3-bed | 2,163 sqft | AED 3.18MAED 3,180,000 · Sep 2019September 2019 |
2303, Park Gate Residences 1 in numbers
- Sold twice: first on 29 September 2019 for AED 3,401,777, last on 6 June 2024 for AED 4,300,000 (AED 2,087 per sqft).
- Rented since December 2023 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 2.8%.
Source: Dubai Land Department. Updated 6 June 2024.
Questions about 2303, Park Gate Residences 1
What did unit 2303 last sell for?
AED 4,300,000 on 6 June 2024: AED 2,087 per sqft for 2,060 sqft. The unit has 2 registered sales; the first was AED 3,401,777 in September 2019.
What is the rent for unit 2303?
AED 120,000 a year on the contract signed on 10 December 2023.
How big is unit 2303?
2,060 sqft (191.4 sqm): a three-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2020.
What is unit 2303 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2303, Park Gate Residences 1
Starts from the last sale price (AED 4.3M, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,300,000
- Deposit, UAE resident (20%)
- AED 860,000
- Deposit, non-resident (40%)
- AED 1,720,000
- Monthly over 25 years at 3.7%
- AED 17,593
Plus AED 185,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →