1709, Park Gate Residences 3
Sold prices and rental history: sold twice, last in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1709, Park Gate Residences 3
What is 1709 worth today?
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Source: Dubai Land Department. Updated 2 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 17th of 20
- Parking
- CD2-081
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.2M · December 2023
- Building
- Park Gate Residences 3
About 1709, Park Gate Residences 3
1709 is a two-bedroom apartment of 1,616 sqft on the 17th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 13 December 2023 for AED 2,200,000, or AED 1,361 per sqft, 18% below the AED 1,655 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 2 January 2025, is AED 152,000 a year: a gross yield of 6.9% on the 2023 price.
Sales and rents for 1709 over time
1709 has sold twice; 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 1709 sits
All 114 2-beds →1709 last sold in December 2023 at AED 1,361 per sqft, 18% below what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,655). 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. 1709's AED 152,000 is in the lower half of that range.
| 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 17th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,571 sqft | AED 2.48MAED 2,480,000 · Sep 2020September 2020 | 160,000 /yr | |
| 1702 | 1-bed | 994 sqft | AED 1.61MAED 1,605,000 · Apr 2018April 2018 | 115,000 /yr | |
| 1703 | 2-bed | 1,571 sqft | AED 2.56MAED 2,556,777 · Apr 2022April 2022 | 172,000 /yr | |
| 1704 | 2-bed | 1,548 sqft | AED 1.99MAED 1,991,000 · May 2018May 2018 | ||
| 1705 | 2-bed | 1,617 sqft | AED 2.02MAED 2,019,000 · Apr 2018April 2018 | 126,000 /yr | |
| 1706 | 2-bed | 1,631 sqft | AED 2MAED 1,996,000 · Sep 2020September 2020 | 160,000 /yr | |
| 1707 | 987 sqft | AED 1.93MAED 1,930,000 · Oct 2025October 2025 | 85,000 /yr | ||
| 1708 | 2-bed | 1,632 sqft | AED 2.1MAED 2,100,777 · Jul 2022July 2022 | ||
| 1710 | 2-bed | 1,549 sqft | AED 2.09MAED 2,094,777 · Aug 2021August 2021 |
1709, Park Gate Residences 3 in numbers
- Sold twice: first on 24 May 2021 for AED 2,166,777, last on 13 December 2023 for AED 2,200,000 (AED 1,361 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 107,000 to AED 152,000 a year.
- At AED 152,000 a year the gross yield on the 2023 price is 6.9%.
- 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 2 January 2025.
Questions about 1709, Park Gate Residences 3
What did unit 1709 last sell for?
AED 2,200,000 on 13 December 2023: AED 1,361 per sqft for 1,616 sqft. The unit has 2 registered sales; the first was AED 2,166,777 in May 2021.
What is the rent for unit 1709?
AED 152,000 a year on the contract renewed on 2 January 2025. The previous contract, from November 2022, was AED 107,000; the unit has been rented since November 2021.
How big is unit 1709?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 17th floor of a 20-storey tower completed in 2020.
What is unit 1709 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 1709, Park Gate Residences 3
Starts from the last sale price (AED 2.2M, 13 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →