501, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in March 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Park Gate Residences 3
What is 501 worth today?
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Source: Dubai Land Department. Updated 5 March 2018.
Key facts
- Type
- 3-bed apartment
- Size
- 2,533 sqft
- Floor
- 5th of 20
- Parking
- B2-094,B2-095
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.23M · March 2018
- Building
- Park Gate Residences 3
About 501, Park Gate Residences 3
501 is a three-bedroom apartment of 2,533 sqft on the 5th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 5 March 2018 for AED 3,227,000, or AED 1,273 per sqft.
No rental contract for the unit is registered on Ejari.
3-beds in Park Gate Residences 3, and where 501 sits
All 2 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 201913 October 2019 | 3,971 sqft | 4,635,750 | 1,167 |
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 5th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 992 sqft | AED 1.49MAED 1,493,000 · Dec 2018December 2018 | 92,000 /yr | |
| 503 | 2-bed | 2,043 sqft | AED 3.2MAED 3,200,000 · Jul 2024July 2024 | 130,000 /yr | |
| 504 | 2-bed | 1,917 sqft | AED 1.97MAED 1,972,777 · Apr 2020April 2020 | ||
| 505 | 1,914 sqft | AED 1.93MAED 1,932,000 · Feb 2018February 2018 | 165,000 /yr | ||
| 506 | 2-bed | 2,033 sqft | AED 2.38MAED 2,380,777 · Apr 2022April 2022 | ||
| 507 | 1-bed | 992 sqft | AED 1.37MAED 1,374,000 · Dec 2018December 2018 | 95,000 /yr | |
| 508 | 2-bed | 2,057 sqft | AED 2.8MAED 2,800,000 · Jun 2025June 2025 | 130,000 /yr |
501, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 5 March 2018 for AED 3,227,000, or AED 1,273 per sqft.
Source: Dubai Land Department. Updated 5 March 2018.
Questions about 501, Park Gate Residences 3
What did unit 501 last sell for?
AED 3,227,000 on 5 March 2018, sold by the developer: AED 1,273 per sqft for 2,533 sqft. It is the only registered sale of the unit.
How big is unit 501?
2,533 sqft (235.3 sqm): a three-bedroom apartment on the 5th floor of a 20-storey tower completed in 2020.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 501? Put it on the OpenOffers board
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Mortgage on 501, Park Gate Residences 3
Starts from the last sale price (AED 3.23M, 5 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 3,227,000
- Deposit, UAE resident (20%)
- AED 645,400
- Deposit, non-resident (40%)
- AED 1,290,800
- Monthly over 25 years at 3.7%
- AED 13,203
Plus AED 140,544 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →