1004, Park Gate Residences 3
Sold prices and rental history: sold twice, last in February 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Park Gate Residences 3
What is 1004 worth today?
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Source: Dubai Land Department. Updated 5 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,548 sqft
- Floor
- 10th of 20
- Parking
- B1-091
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.49M · February 2024
- Building
- Park Gate Residences 3
About 1004, Park Gate Residences 3
1004 is a two-bedroom apartment of 1,548 sqft on the 10th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 5 February 2024 for AED 2,489,000, or AED 1,607 per sqft, in line with the AED 1,631 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 7 August 2023, is AED 126,000 a year: a gross yield of 5.1% on the 2024 price.
Sales and rents for 1004 over time
1004 has sold twice; 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 1004 sits
All 124 2-beds →1004 last sold in February 2024 at AED 1,607 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,631). Over the last 12 months two-beds sold for AED 2,900,000 to 3,300,000, around AED 1,896 per sqft, and rent for AED 105,000 to 185,000 a year. 1004's AED 126,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,549 sqft | 2,900,000 | 1,872 | ||
| 22 Jul 202622 July 2026 | 1,631 sqft | 3,032,777 | 1,859 | ||
| 16 Jul 202616 July 2026 | 1,550 sqft | 2,975,000 | 1,919 | ||
| 1 May 20261 May 2026 | 1,633 sqft | 2,950,000 | 1,806 |
Park Gate Residences 3
Building165 apartments, 1-bed to 5-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 8 sold in the last 12 months.
- Typical price per sqft
- AED 1,927
- Typical sale
- AED 2.96M
- Typical rent
- AED 141K /yr
- Typical yield
- 4.9%
Other units on the 10th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 994 sqft | AED 1.53MAED 1,526,000 · May 2018May 2018 | ||
| 1003 | 2-bed | 1,571 sqft | AED 2.48MAED 2,481,777 · Feb 2022February 2022 | ||
| 1005 | 2-bed | 1,617 sqft | AED 1.95MAED 1,954,000 · Feb 2018February 2018 | ||
| 1006 | 2-bed | 1,631 sqft | AED 2.03MAED 2,031,777 · Jan 2022January 2022 | ||
| 1007 | 1-bed | 987 sqft | AED 1.91MAED 1,910,000 · Nov 2025November 2025 | 90,000 /yr | |
| 1008 | 2-bed | 1,632 sqft | AED 2.03MAED 2,033,777 · Jun 2022June 2022 | 155,000 /yr | |
| 1009 | 2-bed | 1,616 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 145,000 /yr | |
| 1010 | 2-bed | 1,549 sqft | AED 1.84MAED 1,840,000 · Sep 2021September 2021 |
1004, Park Gate Residences 3 in numbers
- Sold twice: first on 8 February 2018 for AED 1,887,000, last on 5 February 2024 for AED 2,489,000 (AED 1,607 per sqft).
- Rented since June 2021 on 3 Ejari contracts, from AED 88,000 to AED 126,000 a year.
- At AED 126,000 a year the gross yield on the 2024 price is 5.1%.
- Two-beds in Park Gate Residences 3 sold for AED 2,900,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,927 per sqft.
Source: Dubai Land Department. Updated 5 February 2024.
Questions about 1004, Park Gate Residences 3
What did unit 1004 last sell for?
AED 2,489,000 on 5 February 2024: AED 1,607 per sqft for 1,548 sqft. The unit has 2 registered sales; the first was AED 1,887,000 in February 2018.
What is the rent for unit 1004?
AED 126,000 a year on the contract signed on 7 August 2023. The previous contract, from June 2022, was AED 93,500; the unit has been rented since June 2021.
How big is unit 1004?
1,548 sqft (143.8 sqm): a two-bedroom apartment on the 10th floor of a 20-storey tower completed in 2020.
What is unit 1004 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 2,900,000 to 3,300,000 in the last 12 months, around AED 1,896 per sqft.
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Mortgage on 1004, Park Gate Residences 3
Starts from the last sale price (AED 2.49M, 5 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,489,000
- Deposit, UAE resident (20%)
- AED 497,800
- Deposit, non-resident (40%)
- AED 995,600
- Monthly over 25 years at 3.7%
- AED 10,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →