1802, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1802, Park Gate Residences 3
What is 1802 worth today?
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Source: Dubai Land Department. Updated 28 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 18th of 20
- Parking
- CD2-071
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.61M · March 2018
- Building
- Park Gate Residences 3
About 1802, Park Gate Residences 3
1802 is a one-bedroom apartment of 994 sqft on the 18th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 20 March 2018 for AED 1,612,000, or AED 1,621 per sqft, 10% above the AED 1,479 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 28 October 2024, is AED 123,000 a year: a gross yield of 7.6% on the 2018 price.
Sales and rents for 1802 over time
1802 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 3, and where 1802 sits
All 31 1-beds →1802 last sold in March 2018 at AED 1,621 per sqft, 10% above what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,479). Over the last 12 months one-beds sold for AED 1,910,000 to 1,980,000, around AED 1,970 per sqft, and rent for AED 94,000 to 110,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202513 June 2025 | 994 sqft | 2,075,000 | 2,086 | ||
| 26 Aug 202426 August 2024 | 987 sqft | 1,650,000 | 1,671 | ||
| 1 Jul 20241 July 2024 | 994 sqft | 1,750,000 | 1,760 | ||
| 5 Jun 20245 June 2024 | 987 sqft | 1,550,000 | 1,569 |
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 18th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,571 sqft | AED 2.54MAED 2,541,777 · May 2022May 2022 | 170,000 /yr | |
| 1803 | 2-bed | 1,571 sqft | AED 2.73MAED 2,725,000 · Apr 2023April 2023 | ||
| 1804 | 2-bed | 1,548 sqft | AED 1.96MAED 1,960,000 · Sep 2018September 2018 | ||
| 1805 | 2-bed | 1,617 sqft | AED 2.1MAED 2,100,000 · Aug 2021August 2021 | ||
| 1806 | 1,631 sqft | AED 2.9MAED 2,900,000 · Oct 2025October 2025 | |||
| 1807 | 1-bed | 987 sqft | AED 1.6MAED 1,598,777 · Feb 2022February 2022 | 125,000 /yr | |
| 1808 | 2-bed | 1,632 sqft | AED 2.11MAED 2,110,777 · Feb 2022February 2022 | 146,165 /yr | |
| 1809 | 2-bed | 1,616 sqft | AED 2.07MAED 2,070,777 · Apr 2020April 2020 | 126,000 /yr | |
| 1810 | 2-bed | 1,549 sqft | AED 2.11MAED 2,105,777 · Sep 2021September 2021 | 150,000 /yr |
1802, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 20 March 2018 for AED 1,612,000, or AED 1,621 per sqft.
- Rented since July 2021 on 5 Ejari contracts, from AED 68,000 to AED 123,000 a year.
- At AED 123,000 a year the gross yield on the 2018 price is 7.6%.
- One-beds in Park Gate Residences 3 sold for AED 1,910,000–1,980,000 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 28 October 2024.
Questions about 1802, Park Gate Residences 3
What did unit 1802 last sell for?
AED 1,612,000 on 20 March 2018, sold by the developer: AED 1,621 per sqft for 994 sqft. It is the only registered sale of the unit.
What is the rent for unit 1802?
AED 123,000 a year on the contract renewed on 28 October 2024. The previous contract, from October 2024, was AED 123,000; the unit has been rented since July 2021.
How big is unit 1802?
994 sqft (92.3 sqm): a one-bedroom apartment on the 18th floor of a 20-storey tower completed in 2020.
What is unit 1802 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 3 sold for AED 1,910,000 to 1,980,000 in the last 12 months, around AED 1,970 per sqft.
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Mortgage on 1802, Park Gate Residences 3
Starts from the last sale price (AED 1.61M, 20 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,612,000
- Deposit, UAE resident (20%)
- AED 322,400
- Deposit, non-resident (40%)
- AED 644,800
- Monthly over 25 years at 3.7%
- AED 6,595
Plus AED 72,714 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →