1-bed · 994 sqftPark Gate Residences 3, Al Kifaf · 12th floor · completed 2020

1202, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1202 · DLD and Ejari recordsUpdated 5 September 2026

Last soldAED 1.57M24 January 2018

Current rentAED 95K /yr5 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1202, Park Gate Residences 3

Today

What is 1202 worth today?

Last sold for AED 1,570,000 in 2018

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5 Sep 2026

5 Sep 2026RentedNew contract

AED 95,000/yr12 months · AED 96 per sqft

6 Oct 2024

6 Oct 2024RentedNew contract

AED 130,000/yr12 months · AED 131 per sqft

7 Oct 2023

7 Oct 2023RentedNew contract

AED 105,000/yr12 months · AED 106 per sqft

17 Jun 2022

17 Jun 2022RentedNew contract

AED 85,000/yr12 months · AED 86 per sqft

24 Jan 2018

24 Jan 2018Sold by developerOff-plan

AED 1,570,000AED 1,579 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type: 1-bed apartment
Size: 994 sqft
Floor: 12th of 20
Parking: CD1-017
Developer: Wasl
Completed: 2020
Last sold: AED 1.57M · January 2018
Building: Park Gate Residences 3

About 1202, Park Gate Residences 3

1202 is a one-bedroom apartment of 994 sqft on the 12th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 24 January 2018 for AED 1,570,000, or AED 1,579 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 5 September 2026, is AED 95,000 a year: a gross yield of 6.0% on the 2018 price.

Sales and rents for 1202 over time

Sales

Unit 1202, each saleTypical one-bed in Park Gate Residences 3

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1202, each contractTypical one-bed in Park Gate Residences 3

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

1-beds in Park Gate Residences 3, and where 1202 sits

All 34 1-beds →

1-beds in Park Gate Residences 3 · last 12 months1,970 /sqft Park Gate Residences 3 · all types1,927 /sqft

Over the last 12 months one-beds sold for AED 1,910,000 to 1,980,000, around AED 1,970 per sqft, and rent for AED 80,000 to 125,000 a year. 1202's AED 95,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
28 Nov 202528 November 2025	987 sqft	1,980,000	2,005
22 Nov 202522 November 2025	987 sqft	1,910,000	1,934
20 Oct 202520 October 2025	987 sqft	1,930,000	1,954
13 Jun 202513 June 2025	994 sqft	2,075,000	2,086

2 1-bed sales 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. 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%

Park Gate Residences 3, Al Kifaf: prices, sales and rents →

Other units on the 12th floor

All 165 units in Park Gate Residences 3


1201	2-bed	1,571 sqft	AED 2.6MAED 2,600,000 · Jun 2023June 2023
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

1–7 of 9

1202, Park Gate Residences 3 in numbers

Sold once: by Wasl on 24 January 2018 for AED 1,570,000, or AED 1,579 per sqft.
Rented since June 2022 on 4 Ejari contracts, from AED 85,000 to AED 95,000 a year.
At AED 95,000 a year the gross yield on the 2018 price is 6.0%.
One-beds in Park Gate Residences 3 sold for AED 1,910,000–1,980,000 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 September 2026.

Questions about 1202, Park Gate Residences 3

What did unit 1202 last sell for?

AED 1,570,000 on 24 January 2018, sold by the developer: AED 1,579 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 95,000 a year on the contract signed on 5 September 2026. The previous contract, from October 2024, was AED 130,000; the unit has been rented since June 2022.

How big is unit 1202?

994 sqft (92.3 sqm): a one-bedroom apartment on the 12th floor of a 20-storey tower completed in 2020.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 3 sold for AED 1,910,000 to 1,980,000 in the last 12 months, around AED 1,970 per sqft.

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Mortgage on 1202, Park Gate Residences 3

Starts from the last sale price (AED 1.57M, 24 January 2018). Switch to today's estimate once you have unlocked it.

Price: AED 1,570,000
Deposit, UAE resident (20%): AED 314,000
Deposit, non-resident (40%): AED 628,000
Monthly over 25 years at 3.7%: AED 6,423

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