401, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Park Gate Residences 3
What is 401 worth today?
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Source: Dubai Land Department. Updated 18 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 917 sqft
- Floor
- 4th of 20
- Parking
- CD4-037
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.11M · September 2020
- Building
- Park Gate Residences 3
About 401, Park Gate Residences 3
401 is a one-bedroom apartment of 917 sqft on the 4th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 24 September 2020 for AED 1,105,000, or AED 1,204 per sqft, 22% below the AED 1,551 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 18 November 2025, is AED 94,000 a year: a gross yield of 8.5% on the 2020 price.
Sales and rents for 401 over time
401 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 401 sits
All 31 1-beds →401 last sold in September 2020 at AED 1,204 per sqft, 22% below what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,551). 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%
401, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 24 September 2020 for AED 1,105,000, or AED 1,204 per sqft.
- Rented since December 2021 on 3 Ejari contracts, from AED 69,000 to AED 94,000 a year.
- At AED 94,000 a year the gross yield on the 2020 price is 8.5%.
- 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 18 November 2025.
Questions about 401, Park Gate Residences 3
What did unit 401 last sell for?
AED 1,105,000 on 24 September 2020, sold by the developer: AED 1,204 per sqft for 917 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 94,000 a year on the contract renewed on 18 November 2025. The previous contract, from November 2024, was AED 94,000; the unit has been rented since December 2021.
How big is unit 401?
917 sqft (85.2 sqm): a one-bedroom apartment on the 4th floor of a 20-storey tower completed in 2020.
What is unit 401 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 401, Park Gate Residences 3
Starts from the last sale price (AED 1.11M, 24 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,105,000
- Deposit, UAE resident (20%)
- AED 221,000
- Deposit, non-resident (40%)
- AED 442,000
- Monthly over 25 years at 3.7%
- AED 4,521
Plus AED 51,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →