1809, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in April 2020, 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 1809, Park Gate Residences 3
What is 1809 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,616 sqft
- Floor
- 18th of 20
- Parking
- CD2-108
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.07M · April 2020
- Building
- Park Gate Residences 3
About 1809, Park Gate Residences 3
1809 is a two-bedroom apartment of 1,616 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 9 April 2020 for AED 2,070,777, or AED 1,281 per sqft, in line with the AED 1,281 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 126,000 a year: a gross yield of 6.1% on the 2020 price.
Sales and rents for 1809 over time
1809 has sold once; 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 1809 sits
All 114 2-beds →1809 last sold in April 2020 at AED 1,281 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,281). 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. 1809's AED 126,000 is at the bottom 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 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 | |
| 1802 | 1-bed | 994 sqft | AED 1.61MAED 1,612,000 · Mar 2018March 2018 | 123,000 /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 | |
| 1810 | 2-bed | 1,549 sqft | AED 2.11MAED 2,105,777 · Sep 2021September 2021 | 150,000 /yr |
1809, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 9 April 2020 for AED 2,070,777, or AED 1,281 per sqft.
- Rented since July 2021 on 4 Ejari contracts, from AED 90,000 to AED 126,000 a year.
- At AED 126,000 a year the gross yield on the 2020 price is 6.1%.
- 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 1 September 2024.
Questions about 1809, Park Gate Residences 3
What did unit 1809 last sell for?
AED 2,070,777 on 9 April 2020, sold by the developer: AED 1,281 per sqft for 1,616 sqft. It is the only registered sale of the unit.
What is the rent for unit 1809?
AED 126,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 120,000; the unit has been rented since July 2021.
How big is unit 1809?
1,616 sqft (150.1 sqm): a two-bedroom apartment on the 18th floor of a 20-storey tower completed in 2020.
What is unit 1809 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 1809, Park Gate Residences 3
Starts from the last sale price (AED 2.07M, 9 April 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,070,777
- Deposit, UAE resident (20%)
- AED 414,155
- Deposit, non-resident (40%)
- AED 828,311
- Monthly over 25 years at 3.7%
- AED 8,472
Plus AED 91,983 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →