
301, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in July 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 301, Park Gate Residences 3
What is 301 worth today?
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Source: Dubai Land Department. Updated 28 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 917 sqft
- Floor
- 3rd of 20
- Parking
- CD3-010
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.11M · July 2018
- Building
- Park Gate Residences 3
About 301, Park Gate Residences 3
301 is a one-bedroom apartment of 917 sqft on the 3rd floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 10 July 2018 for AED 1,108,000, or AED 1,208 per sqft, 22% below the AED 1,541 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 28 May 2025, is AED 100,000 a year: a gross yield of 9.0% on the 2018 price.
Sales and rents for 301 over time
301 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 301 sits
All 31 1-beds →301 last sold in July 2018 at AED 1,208 per sqft, 22% below what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,541). 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 3rd floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| V1 | 5-bed | 4,494 sqft | AED 6.09MAED 6,090,000 · Mar 2018March 2018 | ||
| V2 | 4-bed | 3,157 sqft | AED 4.6MAED 4,600,050 · Feb 2018February 2018 | ||
| V3 | 4-bed | 4,098 sqft | AED 4.98MAED 4,975,000 · Mar 2021March 2021 | ||
| V4 | 4-bed | 3,647 sqft | AED 4.71MAED 4,707,150 · May 2018May 2018 | 100,000 /yr | |
| V5 | 4-bed | 3,467 sqft | AED 4.49MAED 4,486,650 · Mar 2018March 2018 | ||
| V6 | 3-bed | 3,971 sqft | AED 4.64MAED 4,635,750 · Oct 2019October 2019 |
301, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 10 July 2018 for AED 1,108,000, or AED 1,208 per sqft.
- Rented since October 2021 on 5 Ejari contracts, from AED 74,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2018 price is 9.0%.
- 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 May 2025.
Questions about 301, Park Gate Residences 3
What did unit 301 last sell for?
AED 1,108,000 on 10 July 2018, sold by the developer: AED 1,208 per sqft for 917 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 100,000 a year on the contract signed on 28 May 2025. The previous contract, from August 2024, was AED 96,860; the unit has been rented since October 2021.
How big is unit 301?
917 sqft (85.2 sqm): a one-bedroom apartment on the 3rd floor of a 20-storey tower completed in 2020.
What is unit 301 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 301, Park Gate Residences 3
Starts from the last sale price (AED 1.11M, 10 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,108,000
- Deposit, UAE resident (20%)
- AED 221,600
- Deposit, non-resident (40%)
- AED 443,200
- Monthly over 25 years at 3.7%
- AED 4,533
Plus AED 51,546 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →