2-bed · 1,631 sqftPark Gate Residences 3, Al Kifaf · 9th floor · completed 2020

906, Park Gate Residences 3

Sold prices and rental history: sold twice, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 2.6M6 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Park Gate Residences 3

What is 906 worth today?

Last sold for AED 2,600,000 in 2024

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6 Sep 2024SoldReady
AED 2,600,000AED 1,593 per sqft
8 Jun 2022Sold by developerReady
AED 2,023,777AED 1,240 per sqft

Source: Dubai Land Department. Updated 6 September 2024.

Key facts

Type
2-bed apartment
Size
1,631 sqft
Floor
9th of 20
Parking
B2-191
Developer
Wasl
Completed
2020
Last sold
AED 2.6M · September 2024

About 906, Park Gate Residences 3

906 is a two-bedroom apartment of 1,631 sqft on the 9th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 6 September 2024 for AED 2,600,000, or AED 1,593 per sqft, in line with the AED 1,627 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 906 over time

Sales
Unit 906, 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, June 2022: AED 2,023,777 (AED 1,240 per sqft)Sold, September 2024: AED 2,600,000 (AED 1,593 per sqft)

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

Rents
Unit 906, 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 155,000

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 906 sits

All 114 2-beds →

906 last sold in September 2024 at AED 1,593 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,627). 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.

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 9th floor

All 165 units in Park Gate Residences 3
Value
9012-bedAED 3.2M · Nov 2024
9021-bedAED 1.55M · Sep 2018
9032-bedAED 2.52M · Nov 2021
9042-bedAED 1.88M · Feb 2018
9052-bedAED 2.1M · Mar 2022
9071-bedAED 1.53M · Apr 2022
9082-bedAED 2.02M · May 2021
1–7 of 9

906, Park Gate Residences 3 in numbers

  • Sold twice: first on 8 June 2022 for AED 2,023,777, last on 6 September 2024 for AED 2,600,000 (AED 1,593 per sqft).
  • 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 6 September 2024.

Questions about 906, Park Gate Residences 3

What did unit 906 last sell for?

AED 2,600,000 on 6 September 2024: AED 1,593 per sqft for 1,631 sqft. The unit has 2 registered sales; the first was AED 2,023,777 in June 2022.

How big is unit 906?

1,631 sqft (151.5 sqm): a two-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.

What is unit 906 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 906, Park Gate Residences 3

Starts from the last sale price (AED 2.6M, 6 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →