3-bed · 2,060 sqftPark Gate Residences 1, Al Kifaf · 23rd floor · completed 2020

2303, Park Gate Residences 1

Sold prices and rental history: sold twice, last in June 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 4.3M6 June 2024
Current rentAED 255K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Park Gate Residences 1

What is 2303 worth today?

Last sold for AED 4,300,000 in 2024

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7 Oct 2026RentedNew contract
AED 255,000/yr12 months · AED 124 per sqft
6 Jun 2024SoldReady
AED 4,300,000AED 2,087 per sqft
10 Dec 2023RentedNew contract
AED 120,000/yr12 months · AED 58 per sqft
29 Sep 2019Sold by developerOff-plan
AED 3,401,777AED 1,651 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
3-bed apartment
Size
2,060 sqft
Floor
23rd of 27
Parking
AB4-043, AB4-044
Developer
Wasl
Completed
2020
Last sold
AED 4.3M · June 2024

About 2303, Park Gate Residences 1

2303 is a three-bedroom apartment of 2,060 sqft on the 23rd floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 6 June 2024 for AED 4,300,000, or AED 2,087 per sqft, 4% above the AED 2,014 three-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 7 October 2026, is AED 255,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical three-bed in Park Gate Residences 1
3M4M2018202020222024Typical sale price by year: 2018 AED 3,161,000; 2019 AED 3,173,000; 2020 AED 3,470,777; 2021 AED 3,162,777; 2022 AED 3,243,777; 2023 AED 3,700,000; 2024 AED 4,275,000Sold by developer, September 2019: AED 3,401,777 (AED 1,651 per sqft)Sold, June 2024: AED 4,300,000 (AED 2,087 per sqft)

2303 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2303, each contractTypical three-bed in Park Gate Residences 1
100K200K2021202320252027Typical rent by year: 2021 AED 135,000; 2022 AED 165,000; 2023 AED 170,000; 2024 AED 188,500; 2025 AED 185,000; 2026 AED 219,410New contract, December 2023: AED 120,000 a yearNew contract, October 2026: AED 255,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Gate Residences 1, and where 2303 sits

All 49 3-beds →

2303 last sold in June 2024 at AED 2,087 per sqft, 4% above what three-beds in Park Gate Residences 1 were fetching at the time (AED 2,014). Over the last 12 months three-beds sold for AED 4,100,000 to 4,329,777, around AED 1,949 per sqft, and rent for AED 190,000 to 255,000 a year. 2303's AED 255,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,100,000
11 Aug 20264,329,777
4 Jun 20254,000,000
21 Jan 20254,200,000
2 3-bed sales in the last 12 months

Park Gate Residences 1

Building

204 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 8 sold in the last 12 months.

Typical price per sqft
AED 1,953
Typical sale
AED 3.01M
Typical rent
AED 155K /yr
Typical yield
5.1%
Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 23rd floor

All 204 units in Park Gate Residences 1
Value
23013-bedAED 3.47M · Apr 2020
23021-bedAED 1.82M · Apr 2022
23043-bedAED 2.93M · Feb 2021
23053-bedAED 3.12M · Apr 2021
23061-bedAED 1.65M · Apr 2022
23073-bedAED 3.23M · Jul 2022
23083-bedAED 4.33M · Aug 2026

2303, Park Gate Residences 1 in numbers

  • Sold twice: first on 29 September 2019 for AED 3,401,777, last on 6 June 2024 for AED 4,300,000 (AED 2,087 per sqft).
  • Rented since December 2023 on 2 Ejari contracts, from AED 120,000 to AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2024 price is 5.9%.
  • Three-beds in Park Gate Residences 1 sold for AED 4,100,000–4,329,777 in the 12 months to November 2026; the building's median across all types is AED 1,953 per sqft.

Source: Dubai Land Department. Updated 7 October 2026.

Questions about 2303, Park Gate Residences 1

What did unit 2303 last sell for?

AED 4,300,000 on 6 June 2024: AED 2,087 per sqft for 2,060 sqft. The unit has 2 registered sales; the first was AED 3,401,777 in September 2019.

What is the rent for unit 2303?

AED 255,000 a year on the contract signed on 7 October 2026. The previous contract, from December 2023, was AED 120,000.

How big is unit 2303?

2,060 sqft (191.4 sqm): a three-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2020.

What is unit 2303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Gate Residences 1 sold for AED 4,100,000 to 4,329,777 in the last 12 months, around AED 1,949 per sqft.

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Mortgage on 2303, Park Gate Residences 1

Starts from the last sale price (AED 4.3M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →