BuildingAl Kifaf · Wasl · 2020

Park Gate Residences 3

One-beds to five-beds in Al Kifaf. 3 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 15 February 2026
Typical price per sqftAED 2,0053 sales
Typical saleAED 1.98M3 sales
Typical rentAED 155K /yrAED 98 per sqft
Typical yield4.9%gross, before service charges

About Park Gate Residences 3

Park Gate Residences 3 is part of a four‑tower freehold complex in Al Kifaf, Bur Dubai, set along Sheikh Khalifa Bin Zayed Road and facing Zabeel Park. Completed in 2021 within the wider Wasl 1 development, the tower offers a central, park‑side setting with quick links to key city districts. Homes in Park Gate Residences 3 are primarily 1‑, 2‑ and 3‑bedroom apartments in a contemporary high‑rise with floor‑to‑ceiling glazing and a shared landscaped podium. Across the complex there are also podium‑level townhouses, giving larger family options within the same address. Typical specifications include covered parking, 24‑hour security and concierge, high‑speed lifts and chilled, modern common areas. Lifestyle here revolves around green space and city convenience. Residents enjoy views toward Zabeel Park and the Dubai Frame, with the park’s jogging tracks, lawns and family attractions a short walk away. Onsite and podium conveniences across the development include a swimming pool, fully equipped gym, children’s play areas and a selection of everyday retail and cafés, supporting an urban, community feel. Connectivity is a major draw. Max Fashion Metro Station (formerly Al Jafiliya) is within a few minutes’ walk, and multiple bus routes operate from the adjacent stops. By car, Sheikh Zayed Road, Al Khail Road, Sheikh Rashid Road and Sheikh Khalifa Bin Zayed Road provide straightforward access across Dubai, while Downtown Dubai, the Trade Centre area and Dubai International Airport are reachable within typical city driving times, traffic permitting. Daily needs are well covered nearby, with supermarkets, pharmacies, clinics and salons in the immediate vicinity and a choice of schools within a short drive. Overall, Park Gate Residences 3 combines modern high‑rise living, established amenities and excellent transport links in a central location beside one of Dubai’s best‑known parks.

165 apartments over 20 floors: 31 one-beds of 917 to 994 sqft, 114 two-beds of 1,477 to 2,057 sqft, 2 three-beds of 2,533 to 3,971 sqft, 4 four-beds of 3,157 to 4,098 sqft and 1 five-bed of 4,494 sqft.

3 apartments sold in the 12 months to February 2026, at a median of AED 2,005 per sqft. 10 rental contracts were registered over the same 12 months, at a typical AED 155,000 a year.

Developer
Wasl
Completed
2020
Floors
20
Units
165
Unit types
1-bed to 5-bed

Al Kifaf, Dubai

Average prices in Park Gate Residences 3

In Park Gate Residences 3, typical sale prices over the last 12 months were around AED 1,950,000 for one-beds and AED 3,200,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Park Gate Residences 3

1,9501,9752,000May 2026Nov 20262025-11-22: AED 1,934, 1-bed, 987 sqft2025-11-28: AED 2,005, 1-bed, 987 sqft2025-12-19: AED 2,165, 2-bed, 1,478 sqftTrend: AED 1,943 to AED 2,165

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Park Gate Residences 3

  • Completed2-bed · 1,477 sqft 19 Dec 2025AED 3,200,0002,165 /sqft
  • Completed987 sqft 28 Nov 2025AED 1,980,0002,005 /sqft
  • Completed987 sqft 22 Nov 2025AED 1,910,0001,934 /sqft
  • Completed1,477 sqft 29 Oct 2025AED 3,000,0002,030 /sqft
  • Completed987 sqft 20 Oct 2025AED 1,930,0001,955 /sqft
  • Completed1,631 sqft 18 Oct 2025AED 2,750,0001,686 /sqft
  • Completed1,631 sqft 01 Oct 2025AED 2,900,0001,778 /sqft
  • Completed1,570 sqft 15 Sep 2025AED 3,200,0002,037 /sqft
  • Completed1-bed · 994 sqft 13 Jun 2025AED 2,075,0002,087 /sqft
  • Completed2-bed · 2,056 sqft 02 Jun 2025AED 2,800,0001,361 /sqft

Over the last 12 months, Park Gate Residences 3 has recorded 3 apartment sales. Typical homes sold for around AED 1.98M (about AED 2,005 per sqft) with a median size of 987 sqft; most were one-beds, from roughly AED 1.91M to AED 3.2M.

1–10 of 227

Units in Park Gate Residences 3

165 units
  • Unit 3011-bed · 917 sqftSold AED 1.11M, Jul 2018
  • Unit 4011-bed · 917 sqftSold AED 1.11M, Sep 2020
  • Unit 5013-bed · 2,533 sqftSold AED 3.23M, Mar 2018
  • Unit 5021-bed · 992 sqftSold AED 1.49M, Dec 2018
  • Unit 5032-bed · 2,043 sqftSold AED 3.2M, Jul 2024
  • Unit 5042-bed · 1,917 sqftSold AED 1.97M, Apr 2020
  • Unit 5051,914 sqftSold AED 1.93M, Feb 2018
  • Unit 5062-bed · 2,033 sqftSold AED 2.38M, Apr 2022
  • Unit 5071-bed · 992 sqftSold AED 1.37M, Dec 2018
  • Unit 5082-bed · 2,057 sqftSold AED 2.8M, Jun 2025
1–10 of 165
Every unit in Park Gate Residences 3, by number

By type: one-beds (31), two-beds (114), three-beds (2), four-beds (4), five-beds (1).

Nearby in Al Kifaf

All 10 →
BuildingSale /sqftYield
Park Gate Residences 4AED 1,9274.9%
Park Gate Residences 2AED 1,9045.5%
Park Gate Residences 1AED 1,8355.6%
Avenue Park 2AED 2,000
Avenue Park 1AED 2,322
1–5 of 9 · nearest first

Park Gate Residences 3 in numbers

  • Across 3 DLD sales in the 12 months to February 2026, the median price in Park Gate Residences 3 was AED 2,005 per sqft and the typical home sold for about AED 1.98M.
  • Completed in 2020 by Wasl; 20 floors of one-beds to five-beds.
  • A two-bed of 1,477 to 2,057 sqft rents for AED 142,800 to 165,000 a year on the 8 contracts registered in the last 12 months.
  • Gross rental yield 4.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 15 February 2026.

Questions

How much does an one-bed in Park Gate Residences 3 cost?

2 one-beds sold in the 12 months to February 2026; the median was AED 1,945,000, or AED 1,970 per sqft.

How much is a two-bed for rent in Park Gate Residences 3?

About AED 155,000 a year: that is the median of the 8 contracts for two-beds registered with Ejari in the 12 months to February 2026, from AED 142,800 to 165,000.

What is the rental yield in Park Gate Residences 3?

About 4.9% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Park Gate Residences 3 and when?

Wasl; completed in 2020; 20 floors; 165 apartments.

How many apartments are there in Park Gate Residences 3?

165, one-beds to five-beds. Each has its own page with its full sales and rental history.

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