2308, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2308, Park Gate Residences 1
What is 2308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,163 sqft
- Floor
- 23rd of 27
- Parking
- AB4-039, AB4-040
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.18M · September 2019
- Building
- Park Gate Residences 1
About 2308, Park Gate Residences 1
2308 is a three-bedroom apartment of 2,163 sqft on the 23rd floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 25 September 2019 for AED 3,180,000, or AED 1,470 per sqft, in line with the AED 1,459 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2308 over time
2308 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 1, and where 2308 sits
All 49 3-beds →2308 last sold in September 2019 at AED 1,470 per sqft, in line with what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,459).
| 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 | ||
| 6 Jun 20246 June 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 | ||
| 2303 | 3-bed | 2,060 sqft | AED 4.3MAED 4,300,000 · Jun 2024June 2024 | 120,000 /yr | |
| 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, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 25 September 2019 for AED 3,180,000, or AED 1,470 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2019.
Questions about 2308, Park Gate Residences 1
What did unit 2308 last sell for?
AED 3,180,000 on 25 September 2019, sold by the developer: AED 1,470 per sqft for 2,163 sqft. It is the only registered sale of the unit.
How big is unit 2308?
2,163 sqft (200.9 sqm): a three-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2020.
What is unit 2308 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 2308, Park Gate Residences 1
Starts from the last sale price (AED 3.18M, 25 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,180,000
- Deposit, UAE resident (20%)
- AED 636,000
- Deposit, non-resident (40%)
- AED 1,272,000
- Monthly over 25 years at 3.7%
- AED 13,010
Plus AED 138,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →