1205, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1205, Park Gate Residences 3
What is 1205 worth today?
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Source: Dubai Land Department. Updated 6 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 12th of 20
- Parking
- CD1-028
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.97M · February 2018
- Building
- Park Gate Residences 3
About 1205, Park Gate Residences 3
1205 is a two-bedroom apartment of 1,617 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 11 February 2018 for AED 1,972,000, or AED 1,219 per sqft, in line with the AED 1,207 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 6 October 2026, is AED 150,000 a year: a gross yield of 7.6% on the 2018 price.
Sales and rents for 1205 over time
1205 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 1205 sits
All 124 2-beds →1205 last sold in February 2018 at AED 1,219 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,207). 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. 1205's AED 150,000 is in the upper 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 12th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,571 sqft | AED 2.6MAED 2,600,000 · Jun 2023June 2023 | ||
| 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 | |
| 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 |
1205, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 11 February 2018 for AED 1,972,000, or AED 1,219 per sqft.
- Rented since October 2025 on 2 Ejari contracts, from AED 170,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2018 price is 7.6%.
- 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 6 October 2026.
Questions about 1205, Park Gate Residences 3
What did unit 1205 last sell for?
AED 1,972,000 on 11 February 2018, sold by the developer: AED 1,219 per sqft for 1,617 sqft. It is the only registered sale of the unit.
What is the rent for unit 1205?
AED 150,000 a year on the contract renewed on 6 October 2026. The previous contract, from October 2025, was AED 170,000.
How big is unit 1205?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2020.
What is unit 1205 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 1205, Park Gate Residences 3
Starts from the last sale price (AED 1.97M, 11 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,972,000
- Deposit, UAE resident (20%)
- AED 394,400
- Deposit, non-resident (40%)
- AED 788,800
- Monthly over 25 years at 3.7%
- AED 8,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →