601, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Park Gate Residences 3
What is 601 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 6th of 20
- Parking
- B2-227
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.51M · June 2022
- Building
- Park Gate Residences 3
About 601, Park Gate Residences 3
601 is a two-bedroom apartment of 1,571 sqft on the 6th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 15 June 2022 for AED 2,512,777, or AED 1,599 per sqft, 20% above the AED 1,332 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 140,000 a year: a gross yield of 5.6% on the 2022 price.
Sales and rents for 601 over time
601 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 601 sits
All 114 2-beds →601 last sold in June 2022 at AED 1,599 per sqft, 20% above what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,332). 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. 601's AED 140,000 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 6th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 994 sqft | AED 1.53MAED 1,529,000 · Mar 2018March 2018 | ||
| 603 | 2-bed | 1,478 sqft | AED 3.2MAED 3,200,000 · Dec 2025December 2025 | ||
| 604 | 2-bed | 1,548 sqft | AED 1.78MAED 1,780,000 · Apr 2021April 2021 | ||
| 605 | 2-bed | 1,617 sqft | AED 1.92MAED 1,916,000 · Mar 2018March 2018 | ||
| 606 | 2-bed | 1,554 sqft | AED 1.88MAED 1,884,777 · May 2020May 2020 | 162,500 /yr | |
| 607 | 987 sqft | AED 1.98MAED 1,980,000 · Nov 2025November 2025 | 110,000 /yr | ||
| 608 | 2-bed | 1,632 sqft | AED 2.45MAED 2,450,000 · Feb 2024February 2024 | 155,000 /yr | |
| 609 | 2-bed | 1,616 sqft | AED 1.71MAED 1,710,000 · Sep 2020September 2020 | ||
| 610 | 2-bed | 1,549 sqft | AED 1.85MAED 1,852,000 · Feb 2018February 2018 |
601, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 15 June 2022 for AED 2,512,777, or AED 1,599 per sqft.
- Rented since February 2023 on 3 Ejari contracts, at AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2022 price is 5.6%.
- 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: Dubai Land Department. Updated 20 February 2025.
Questions about 601, Park Gate Residences 3
What did unit 601 last sell for?
AED 2,512,777 on 15 June 2022, sold by the developer: AED 1,599 per sqft for 1,571 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 140,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 140,000; the unit has been rented since February 2023.
How big is unit 601?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.
What is unit 601 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 601, Park Gate Residences 3
Starts from the last sale price (AED 2.51M, 15 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,512,777
- Deposit, UAE resident (20%)
- AED 502,555
- Deposit, non-resident (40%)
- AED 1,005,111
- Monthly over 25 years at 3.7%
- AED 10,281
Plus AED 110,547 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →