1,548 sqftPark Gate Residences 3, Al Kifaf · 10th floor · completed 2020

1004, Park Gate Residences 3

Sold prices and rental history: sold twice, last in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 2.49M5 February 2024
Current rentAED 126K /yr7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Park Gate Residences 3

What is 1004 worth today?

Last sold for AED 2,489,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Feb 2024SoldReady
AED 2,489,000AED 1,607 per sqft
7 Aug 2023RentedNew contract
AED 126,000/yr12 months · AED 81 per sqft
1 Jun 2022RentedRenewal
AED 93,500/yr12 months · AED 60 per sqft
1 Jun 2021RentedNew contract
AED 88,000/yr12 months · AED 57 per sqft
8 Feb 2018Sold by developerOff-plan
AED 1,887,000AED 1,218 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
Apartment
Size
1,548 sqft
Floor
10th of 20
Parking
B1-091
Developer
Wasl
Completed
2020
Last sold
AED 2.49M · February 2024

About 1004, Park Gate Residences 3

1004 is an apartment of 1,548 sqft on the 10th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 5 February 2024 for AED 2,489,000, or AED 1,607 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 7 August 2023, is AED 126,000 a year: a gross yield of 5.1% on the 2024 price.

Park Gate Residences 3

Building

165 apartments, 1-bed to 5-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 3 sold in the last 12 months.

Typical price per sqft
AED 2,005
Typical sale
AED 1.98M
Typical rent
AED 155K /yr
Typical yield
4.9%
Park Gate Residences 3, Al Kifaf: prices, sales and rents →

Other units on the 10th floor

All 165 units in Park Gate Residences 3
Value
10021-bedAED 1.53M · May 2018
10032-bedAED 2.48M · Feb 2022
10052-bedAED 1.95M · Feb 2018
10062-bedAED 2.03M · Jan 2022
1007AED 1.91M · Nov 2025
10082-bedAED 2.03M · Jun 2022
10092-bedAED 2.2M · Jun 2023
1–7 of 8

1004, Park Gate Residences 3 in numbers

  • Sold twice: first on 8 February 2018 for AED 1,887,000, last on 5 February 2024 for AED 2,489,000 (AED 1,607 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 88,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2024 price is 5.1%.

Source: Dubai Land Department. Updated 5 February 2024.

Questions about 1004, Park Gate Residences 3

What did unit 1004 last sell for?

AED 2,489,000 on 5 February 2024: AED 1,607 per sqft for 1,548 sqft. The unit has 2 registered sales; the first was AED 1,887,000 in February 2018.

What is the rent for unit 1004?

AED 126,000 a year on the contract signed on 7 August 2023. The previous contract, from June 2022, was AED 93,500; the unit has been rented since June 2021.

How big is unit 1004?

1,548 sqft (143.8 sqm): an apartment on the 10th floor of a 20-storey tower completed in 2020.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1004? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1004, Park Gate Residences 3

Starts from the last sale price (AED 2.49M, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,489,000
Deposit, UAE resident (20%)
AED 497,800
Deposit, non-resident (40%)
AED 995,600
Monthly over 25 years at 3.7%
AED 10,183

Plus AED 109,548 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →