1101, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Park Gate Residences 3
What is 1101 worth today?
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Source: Dubai Land Department. Updated 5 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 11th of 20
- Parking
- B1-092
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.54M · February 2022
- Building
- Park Gate Residences 3
About 1101, Park Gate Residences 3
1101 is a two-bedroom apartment of 1,571 sqft on the 11th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 24 February 2022 for AED 2,541,777, or AED 1,618 per sqft, 23% above the AED 1,316 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 March 2022. The current contract, signed on 5 March 2022, is AED 115,000 a year: a gross yield of 4.5% on the 2022 price.
Sales and rents for 1101 over time
1101 has sold once; 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 1101 sits
All 124 2-beds →1101 last sold in February 2022 at AED 1,618 per sqft, 23% above what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,316). 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. 1101's AED 115,000 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 11th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 1-bed | 994 sqft | AED 1.5MAED 1,500,000 · May 2022May 2022 | 110,000 /yr | |
| 1103 | 2-bed | 1,478 sqft | AED 2.58MAED 2,577,777 · Jun 2022June 2022 | ||
| 1104 | 2-bed | 1,548 sqft | AED 1.89MAED 1,890,000 · Sep 2021September 2021 | ||
| 1105 | 2-bed | 1,617 sqft | AED 2.54MAED 2,535,000 · Jun 2023June 2023 | 95,000 /yr | |
| 1106 | 2-bed | 1,554 sqft | AED 1.89MAED 1,891,000 · Apr 2018April 2018 | ||
| 1107 | 1-bed | 987 sqft | AED 1.55MAED 1,548,777 · Jun 2022June 2022 | ||
| 1108 | 2-bed | 1,632 sqft | AED 2.04MAED 2,044,777 · Aug 2022August 2022 | ||
| 1109 | 2-bed | 1,534 sqft | AED 1.99MAED 1,988,000 · May 2019May 2019 | ||
| 1110 | 2-bed | 1,549 sqft | AED 2.6MAED 2,600,000 · Feb 2024February 2024 | 150,000 /yr |
1101, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 24 February 2022 for AED 2,541,777, or AED 1,618 per sqft.
- Rented since March 2022 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2022 price is 4.5%.
- 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 March 2022.
Questions about 1101, Park Gate Residences 3
What did unit 1101 last sell for?
AED 2,541,777 on 24 February 2022, sold by the developer: AED 1,618 per sqft for 1,571 sqft. It is the only registered sale of the unit.
What is the rent for unit 1101?
AED 115,000 a year on the contract signed on 5 March 2022.
How big is unit 1101?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 11th floor of a 20-storey tower completed in 2020.
What is unit 1101 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 1101, Park Gate Residences 3
Starts from the last sale price (AED 2.54M, 24 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,541,777
- Deposit, UAE resident (20%)
- AED 508,355
- Deposit, non-resident (40%)
- AED 1,016,711
- Monthly over 25 years at 3.7%
- AED 10,399
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →