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2-bed · 1,617 sqftPark Gate Residences 3, Al Kifaf · 14th floor · completed 2020

1405, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 1.99M24 April 2018
Current rentAED 152K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1405, Park Gate Residences 3

What is 1405 worth today?

Last sold for AED 1,992,000 in 2018

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10 Oct 2025RentedRenewal
AED 152,000/yr12 months · AED 94 per sqft
10 Oct 2024RentedRenewal
AED 145,000/yr12 months · AED 90 per sqft
10 Oct 2023RentedRenewal
AED 142,000/yr12 months · AED 88 per sqft
10 Oct 2022RentedNew contract
AED 130,000/yr12 months · AED 80 per sqft
24 Apr 2018Sold by developerOff-plan
AED 1,992,000AED 1,232 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
14th of 20
Parking
CD1-030
Developer
Wasl
Completed
2020
Last sold
AED 1.99M · April 2018
Building
Park Gate Residences 3

About 1405, Park Gate Residences 3

1405 is a two-bedroom apartment of 1,617 sqft on the 14th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 24 April 2018 for AED 1,992,000, or AED 1,232 per sqft, in line with the AED 1,219 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 152,000 a year: a gross yield of 7.6% on the 2018 price.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, April 2018: AED 1,992,000 (AED 1,232 per sqft)

1405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, 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 155,000New contract, October 2022: AED 130,000 a yearRenewal, October 2023: AED 142,000 a yearRenewal, October 2024: AED 145,000 a yearRenewal, October 2025: AED 152,000 a year

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 1405 sits

All 114 2-beds →

1405 last sold in April 2018 at AED 1,232 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. 1405's AED 152,000 is in the lower half of that range.

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 14th floor

All 165 units in Park Gate Residences 3
Value
14012-bedAED 2.53M · Sep 2022
14021-bedAED 1.59M · Sep 2020
14032-bedAED 2.65M · Mar 2022
14042-bedAED 1.92M · Feb 2018
14062-bedAED 1.97M · Mar 2020
14071-bedAED 1.46M · Mar 2018
14082-bedAED 2.07M · Mar 2022
1–7 of 9

1405, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 24 April 2018 for AED 1,992,000, or AED 1,232 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 130,000 to AED 152,000 a year.
  • At AED 152,000 a year the gross yield on the 2018 price is 7.6%.
  • 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 10 October 2025.

Questions about 1405, Park Gate Residences 3

What did unit 1405 last sell for?

AED 1,992,000 on 24 April 2018, sold by the developer: AED 1,232 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 152,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 145,000; the unit has been rented since October 2022.

How big is unit 1405?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.

What is unit 1405 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 1405, Park Gate Residences 3

Starts from the last sale price (AED 1.99M, 24 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,992,000
Deposit, UAE resident (20%)
AED 398,400
Deposit, non-resident (40%)
AED 796,800
Monthly over 25 years at 3.7%
AED 8,150

Plus AED 88,674 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →