2-bed · 1,617 sqftPark Gate Residences 3, Al Kifaf · 18th floor · completed 2020

1805, Park Gate Residences 3

Sold prices and rental history: sold twice, last in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1805 · DLD and Ejari recordsUpdated 19 August 2021
Last soldAED 2.1M19 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1805, Park Gate Residences 3

What is 1805 worth today?

Last sold for AED 2,100,000 in 2021

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19 Aug 2021SoldReady
AED 2,100,000AED 1,298 per sqft
28 Sep 2020Sold by developerOff-plan
AED 2,029,000AED 1,254 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2021.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
18th of 20
Parking
CD2-080
Developer
Wasl
Completed
2020
Last sold
AED 2.1M · August 2021

About 1805, Park Gate Residences 3

1805 is a two-bedroom apartment of 1,617 sqft on the 18th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 19 August 2021 for AED 2,100,000, or AED 1,298 per sqft, in line with the AED 1,304 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1805 over time

Sales
Unit 1805, 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, September 2020: AED 2,029,000 (AED 1,254 per sqft)Sold, August 2021: AED 2,100,000 (AED 1,298 per sqft)

1805 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1805, 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 1805 sits

All 114 2-beds →

1805 last sold in August 2021 at AED 1,298 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,304). 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 18th floor

All 165 units in Park Gate Residences 3
Value
18012-bedAED 2.54M · May 2022
18021-bedAED 1.61M · Mar 2018
18032-bedAED 2.73M · Apr 2023
18042-bedAED 1.96M · Sep 2018
1806AED 2.9M · Oct 2025
18071-bedAED 1.6M · Feb 2022
18082-bedAED 2.11M · Feb 2022
1–7 of 9

1805, Park Gate Residences 3 in numbers

  • Sold twice: first on 28 September 2020 for AED 2,029,000, last on 19 August 2021 for AED 2,100,000 (AED 1,298 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: YallaValue analysis of Dubai Land Department records. Updated 19 August 2021.

Questions about 1805, Park Gate Residences 3

What did unit 1805 last sell for?

AED 2,100,000 on 19 August 2021: AED 1,298 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 2,029,000 in September 2020.

How big is unit 1805?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 18th floor of a 20-storey tower completed in 2020.

What is unit 1805 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 1805, Park Gate Residences 3

Starts from the last sale price (AED 2.1M, 19 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →