2-bed · 1,554 sqftPark Gate Residences 3, Al Kifaf · 6th floor · completed 2020

606, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in May 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 1.88M5 May 2020
Current rentAED 163K /yr20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Park Gate Residences 3

What is 606 worth today?

Last sold for AED 1,884,777 in 2020

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20 Aug 2025RentedRenewal
AED 162,500/yr12 months · AED 105 per sqft
20 Aug 2024RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
20 Jul 2023RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
20 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
5 May 2020Sold by developerOff-plan
AED 1,884,777AED 1,213 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
6th of 20
Parking
B2-033
Developer
Wasl
Completed
2020
Last sold
AED 1.88M · May 2020

About 606, Park Gate Residences 3

606 is a two-bedroom apartment of 1,554 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 5 May 2020 for AED 1,884,777, or AED 1,213 per sqft, in line with the AED 1,247 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 August 2025, is AED 162,500 a year: a gross yield of 8.6% on the 2020 price.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Park Gate Residences 3
2M3M20182020202220242026Typical sale price by year: 2018 AED 1,941,570; 2019 AED 1,988,000; 2020 AED 1,984,389; 2021 AED 2,097,389; 2022 AED 2,200,000; 2023 AED 2,600,000; 2024 AED 2,650,000; 2025 AED 3,100,000Sold by developer, May 2020: AED 1,884,777 (AED 1,213 per sqft)

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

Rents
Unit 606, each contractTypical two-bed in Park Gate Residences 3
100K150K2021202320252027Typical rent by year: 2021 AED 96,000; 2022 AED 110,000; 2023 AED 115,000; 2024 AED 135,812; 2025 AED 150,000; 2026 AED 155,000Renewal, July 2022: AED 100,000 a yearRenewal, July 2023: AED 100,000 a yearNew contract, August 2024: AED 145,000 a yearRenewal, August 2025: AED 162,500 a year

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 606 sits

All 114 2-beds →

606 last sold in May 2020 at AED 1,213 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,247). 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. 606's AED 162,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 20253,200,000
2 Jun 20252,800,000
8 May 20253,100,000
26 Dec 20242,950,000
1 2-bed sale 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
6021-bedAED 1.53M · Mar 2018
6032-bedAED 3.2M · Dec 2025
6042-bedAED 1.78M · Apr 2021
6052-bedAED 1.92M · Mar 2018
607AED 1.98M · Nov 2025
6082-bedAED 2.45M · Feb 2024
1–7 of 9

606, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 5 May 2020 for AED 1,884,777, or AED 1,213 per sqft.
  • Rented since July 2022 on 4 Ejari contracts, from AED 100,000 to AED 162,500 a year.
  • At AED 162,500 a year the gross yield on the 2020 price is 8.6%.
  • 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 August 2025.

Questions about 606, Park Gate Residences 3

What did unit 606 last sell for?

AED 1,884,777 on 5 May 2020, sold by the developer: AED 1,213 per sqft for 1,554 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 162,500 a year on the contract renewed on 20 August 2025. The previous contract, from August 2024, was AED 145,000; the unit has been rented since July 2022.

How big is unit 606?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 6th floor of a 20-storey tower completed in 2020.

What is unit 606 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 606, Park Gate Residences 3

Starts from the last sale price (AED 1.88M, 5 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,884,777
Deposit, UAE resident (20%)
AED 376,955
Deposit, non-resident (40%)
AED 753,911
Monthly over 25 years at 3.7%
AED 7,711

Plus AED 84,171 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →