1108, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in August 2022, 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 1108, Park Gate Residences 3
What is 1108 worth today?
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Source: Dubai Land Department. Updated 11 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,632 sqft
- Floor
- 11th of 20
- Parking
- B1-028
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.04M · August 2022
- Building
- Park Gate Residences 3
About 1108, Park Gate Residences 3
1108 is a two-bedroom apartment of 1,632 sqft on the 11th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 11 August 2022 for AED 2,044,777, or AED 1,252 per sqft, 6% below the AED 1,329 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1108 over time
1108 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Gate Residences 3, and where 1108 sits
All 114 2-beds →1108 last sold in August 2022 at AED 1,252 per sqft, 6% below what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,329). Over the last 12 months two-beds sold for AED 3,200,000, around AED 2,165 per sqft, and rent for AED 142,800 to 165,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202519 December 2025 | 1,478 sqft | 3,200,000 | 2,165 | ||
| 2 Jun 20252 June 2025 | 2,057 sqft | 2,800,000 | 1,361 | ||
| 8 May 20258 May 2025 | 1,571 sqft | 3,100,000 | 1,972 | ||
| 26 Dec 202426 December 2024 | 1,548 sqft | 2,950,000 | 1,905 |
Park Gate Residences 3
Building165 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%
Other units on the 11th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,571 sqft | AED 2.54MAED 2,541,777 · Feb 2022February 2022 | 115,000 /yr | |
| 1102 | 1-bed | 994 sqft | AED 1.5MAED 1,500,000 · May 2022May 2022 | 110,000 /yr | |
| 1103 | 2-bed | 1,478 sqft | AED 2.58MAED 2,577,777 · Jun 2022June 2022 | ||
| 1104 | 2-bed | 1,548 sqft | AED 1.89MAED 1,890,000 · Sep 2021September 2021 | ||
| 1105 | 2-bed | 1,617 sqft | AED 2.54MAED 2,535,000 · Jun 2023June 2023 | 95,000 /yr | |
| 1106 | 2-bed | 1,554 sqft | AED 1.89MAED 1,891,000 · Apr 2018April 2018 | ||
| 1107 | 1-bed | 987 sqft | AED 1.55MAED 1,548,777 · Jun 2022June 2022 | ||
| 1109 | 2-bed | 1,534 sqft | AED 1.99MAED 1,988,000 · May 2019May 2019 | ||
| 1110 | 2-bed | 1,549 sqft | AED 2.6MAED 2,600,000 · Feb 2024February 2024 | 150,000 /yr |
1108, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 11 August 2022 for AED 2,044,777, or AED 1,252 per sqft.
- Two-beds in Park Gate Residences 3 sold for AED 3,200,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,005 per sqft.
Source: Dubai Land Department. Updated 11 August 2022.
Questions about 1108, Park Gate Residences 3
What did unit 1108 last sell for?
AED 2,044,777 on 11 August 2022, sold by the developer: AED 1,252 per sqft for 1,632 sqft. It is the only registered sale of the unit.
How big is unit 1108?
1,632 sqft (151.6 sqm): a two-bedroom apartment on the 11th floor of a 20-storey tower completed in 2020.
What is unit 1108 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Gate Residences 3 sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 2,165 per sqft.
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Mortgage on 1108, Park Gate Residences 3
Starts from the last sale price (AED 2.04M, 11 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,044,777
- Deposit, UAE resident (20%)
- AED 408,955
- Deposit, non-resident (40%)
- AED 817,911
- Monthly over 25 years at 3.7%
- AED 8,366
Plus AED 90,891 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →