2-bed · 1,616 sqftPark Gate Residences 3, Al Kifaf · 13th floor · completed 2020

1309, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 18 June 2018
Last soldAED 2.02M18 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Park Gate Residences 3

What is 1309 worth today?

Last sold for AED 2,021,000 in 2018

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18 Jun 2018Sold by developerOff-plan
AED 2,021,000AED 1,250 per sqft

Source: Dubai Land Department. Updated 18 June 2018.

Key facts

Type
2-bed apartment
Size
1,616 sqft
Floor
13th of 20
Parking
CD1-022
Developer
Wasl
Completed
2020
Last sold
AED 2.02M · June 2018

About 1309, Park Gate Residences 3

1309 is a two-bedroom apartment of 1,616 sqft on the 13th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 18 June 2018 for AED 2,021,000, or AED 1,250 per sqft, in line with the AED 1,219 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1309 over time

Sales
Unit 1309, each saleTypical two-bed in Park Gate Residences 3
2M3M20182020202220242026Typical sale price by year: 2018 AED 1,941,570; 2019 AED 1,988,000; 2020 AED 1,984,389; 2021 AED 2,097,389; 2022 AED 2,200,000; 2023 AED 2,600,000; 2024 AED 2,650,000; 2025 AED 3,100,000Sold by developer, June 2018: AED 2,021,000 (AED 1,250 per sqft)

1309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, each contractTypical two-bed in Park Gate Residences 3
100K150K2021202320252027Typical rent by year: 2021 AED 96,000; 2022 AED 110,000; 2023 AED 115,000; 2024 AED 135,812; 2025 AED 150,000; 2026 AED 155,000

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 1309 sits

All 114 2-beds →

1309 last sold in June 2018 at AED 1,250 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,219). 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 salesUnit no.Price (AED)Summary
19 Dec 20253,200,000
2 Jun 20252,800,000
8 May 20253,100,000
26 Dec 20242,950,000
1 2-bed sale in the last 12 months

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 13th floor

All 165 units in Park Gate Residences 3
Value
1301AED 3M · Oct 2025
13021-bedAED 1.62M · Sep 2023
13032-bedAED 2.56M · Sep 2021
13042-bedAED 2.02M · Feb 2022
13052-bedAED 1.98M · Jul 2021
1306AED 2.06M · Jan 2022
13071-bedAED 1.56M · Apr 2022
1–7 of 9

1309, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 18 June 2018 for AED 2,021,000, or AED 1,250 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 18 June 2018.

Questions about 1309, Park Gate Residences 3

What did unit 1309 last sell for?

AED 2,021,000 on 18 June 2018, sold by the developer: AED 1,250 per sqft for 1,616 sqft. It is the only registered sale of the unit.

How big is unit 1309?

1,616 sqft (150.1 sqm): a two-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.

What is unit 1309 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 1309, Park Gate Residences 3

Starts from the last sale price (AED 2.02M, 18 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,021,000
Deposit, UAE resident (20%)
AED 404,200
Deposit, non-resident (40%)
AED 808,400
Monthly over 25 years at 3.7%
AED 8,269

Plus AED 89,892 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →