2503, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in September 2019, 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 2503, Park Gate Residences 1
What is 2503 worth today?
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Source: Dubai Land Department. Updated 7 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,060 sqft
- Floor
- 25th of 27
- Parking
- AB2-068, AB2-069
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.43M · September 2019
- Building
- Park Gate Residences 1
About 2503, Park Gate Residences 1
2503 is a three-bedroom apartment of 2,060 sqft on the 25th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 29 September 2019 for AED 3,429,777, or AED 1,664 per sqft, 13% above the AED 1,470 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 7 May 2025, is AED 155,250 a year: a gross yield of 4.5% on the 2019 price.
Sales and rents for 2503 over time
2503 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 2503 sits
All 49 3-beds →2503 last sold in September 2019 at AED 1,664 per sqft, 13% above what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,470).
| 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 25th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 2,060 sqft | AED 3.57MAED 3,568,777 · Apr 2020April 2020 | ||
| 2502 | 1-bed | 995 sqft | AED 1.66MAED 1,660,777 · Sep 2019September 2019 | 105,000 /yr | |
| 2504 | 3-bed | 2,162 sqft | AED 3.2MAED 3,204,000 · Mar 2018March 2018 | ||
| 2505 | 3-bed | 2,155 sqft | AED 3.3MAED 3,300,000 · Jun 2022June 2022 | ||
| 2506 | 1-bed | 987 sqft | AED 2.27MAED 2,274,670 · Jun 2025June 2025 | 125,000 /yr | |
| 2507 | 3-bed | 2,155 sqft | AED 3.26MAED 3,256,777 · Jul 2022July 2022 | 187,000 /yr | |
| 2508 | 3-bed | 2,163 sqft | AED 3.15MAED 3,145,000 · Feb 2019February 2019 | 185,000 /yr |
2503, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 29 September 2019 for AED 3,429,777, or AED 1,664 per sqft.
- Rented since May 2021 on 4 Ejari contracts, from AED 130,000 to AED 155,250 a year.
- At AED 155,250 a year the gross yield on the 2019 price is 4.5%.
Source: Dubai Land Department. Updated 7 May 2025.
Questions about 2503, Park Gate Residences 1
What did unit 2503 last sell for?
AED 3,429,777 on 29 September 2019, sold by the developer: AED 1,664 per sqft for 2,060 sqft. It is the only registered sale of the unit.
What is the rent for unit 2503?
AED 155,250 a year on the contract renewed on 7 May 2025. The previous contract, from May 2024, was AED 135,000; the unit has been rented since May 2021.
How big is unit 2503?
2,060 sqft (191.4 sqm): a three-bedroom apartment on the 25th floor of a 27-storey tower completed in 2020.
What is unit 2503 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 2503, Park Gate Residences 1
Starts from the last sale price (AED 3.43M, 29 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,429,777
- Deposit, UAE resident (20%)
- AED 685,955
- Deposit, non-resident (40%)
- AED 1,371,911
- Monthly over 25 years at 3.7%
- AED 14,032
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →