1-bed · 994 sqftPark Gate Residences 3, Al Kifaf · 6th floor · completed 2020

602, 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.

Unit 602 · DLD and Ejari recordsUpdated 22 March 2018
Last soldAED 1.53M22 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Park Gate Residences 3

What is 602 worth today?

Last sold for AED 1,529,000 in 2018

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22 Mar 2018Sold by developerOff-plan
AED 1,529,000AED 1,537 per sqft

Source: Dubai Land Department. Updated 22 March 2018.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
6th of 20
Parking
B2-229
Developer
Wasl
Completed
2020
Last sold
AED 1.53M · March 2018

About 602, Park Gate Residences 3

602 is a one-bedroom apartment of 994 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 22 March 2018 for AED 1,529,000, or AED 1,537 per sqft, in line with the AED 1,537 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical one-bed in Park Gate Residences 3
1.5M1.6M1.7M2018202020222024Typical sale price by year: 2018 AED 1,529,000; 2020 AED 1,543,000; 2022 AED 1,564,777; 2024 AED 1,700,000Sold by developer, March 2018: AED 1,529,000 (AED 1,537 per sqft)

602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 602, each contractTypical one-bed in Park Gate Residences 3
60K80K100K202120232025Typical rent by year: 2021 AED 66,500; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 100,000; 2025 AED 106,000

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 602 sits

All 31 1-beds →

602 last sold in March 2018 at AED 1,537 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,537). 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 salesUnit no.Price (AED)Summary
13 Jun 20252,075,000
26 Aug 20241,650,000
1 Jul 20241,750,000
5 Jun 20241,550,000
2 1-bed sales in the last 12 months

Park Gate Residences 3

Building

165 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%
Park Gate Residences 3, Al Kifaf: prices, sales and rents →

Other units on the 6th floor

All 165 units in Park Gate Residences 3
Value
6012-bedAED 2.51M · Jun 2022
6032-bedAED 3.2M · Dec 2025
6042-bedAED 1.78M · Apr 2021
6052-bedAED 1.92M · Mar 2018
6062-bedAED 1.88M · May 2020
607AED 1.98M · Nov 2025
6082-bedAED 2.45M · Feb 2024
1–7 of 9

602, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 22 March 2018 for AED 1,529,000, or AED 1,537 per sqft.
  • 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 22 March 2018.

Questions about 602, Park Gate Residences 3

What did unit 602 last sell for?

AED 1,529,000 on 22 March 2018, sold by the developer: AED 1,537 per sqft for 994 sqft. It is the only registered sale of the unit.

How big is unit 602?

994 sqft (92.3 sqm): a one-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.

What is unit 602 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 602, Park Gate Residences 3

Starts from the last sale price (AED 1.53M, 22 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,529,000
Deposit, UAE resident (20%)
AED 305,800
Deposit, non-resident (40%)
AED 611,600
Monthly over 25 years at 3.7%
AED 6,256

Plus AED 69,228 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →