1201, Park Gate Residences 3
Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Park Gate Residences 3
What is 1201 worth today?
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Source: Dubai Land Department. Updated 15 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 12th of 20
- Parking
- CD1-004
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.6M · June 2023
- Building
- Park Gate Residences 3
About 1201, Park Gate Residences 3
1201 is a two-bedroom apartment of 1,571 sqft on the 12th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 15 June 2023 for AED 2,600,000, or AED 1,655 per sqft, 10% above the AED 1,506 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1201 over time
1201 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 1201 sits
All 124 2-beds →1201 last sold in June 2023 at AED 1,655 per sqft, 10% above what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,506). 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.
| 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 12th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 994 sqft | AED 1.57MAED 1,570,000 · Jan 2018January 2018 | 95,000 /yr | |
| 1203 | 2-bed | 1,571 sqft | AED 2MAED 2,000,000 · Apr 2022April 2022 | 147,000 /yr | |
| 1204 | 2-bed | 1,548 sqft | AED 750KAED 750,000 · Oct 2020October 2020 | 138,000 /yr | |
| 1205 | 2-bed | 1,617 sqft | AED 1.97MAED 1,972,000 · Feb 2018February 2018 | 150,000 /yr | |
| 1206 | 2-bed | 1,631 sqft | AED 1.91MAED 1,911,000 · Jan 2019January 2019 | 121,000 /yr | |
| 1207 | 1-bed | 987 sqft | AED 1.56MAED 1,556,777 · Mar 2022March 2022 | 85,229 /yr | |
| 1208 | 2-bed | 1,632 sqft | AED 2.05MAED 2,053,777 · Apr 2022April 2022 | ||
| 1209 | 2-bed | 1,616 sqft | AED 1.97MAED 1,971,000 · Feb 2018February 2018 | ||
| 1210 | 2-bed | 1,549 sqft | AED 2.03MAED 2,027,777 · Apr 2021April 2021 |
1201, Park Gate Residences 3 in numbers
- Sold twice: first on 21 February 2018 for AED 2,427,000, last on 15 June 2023 for AED 2,600,000 (AED 1,655 per sqft).
- 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 15 June 2023.
Questions about 1201, Park Gate Residences 3
What did unit 1201 last sell for?
AED 2,600,000 on 15 June 2023: AED 1,655 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,427,000 in February 2018.
How big is unit 1201?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2020.
What is unit 1201 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 1201, Park Gate Residences 3
Starts from the last sale price (AED 2.6M, 15 June 2023). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →