2-bed · 1,549 sqftPark Gate Residences 3, Al Kifaf · 12th floor · completed 2020

1210, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 11 April 2021
Last soldAED 2.03M11 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1210, Park Gate Residences 3

What is 1210 worth today?

Last sold for AED 2,027,777 in 2021

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11 Apr 2021Sold by developerReady
AED 2,027,777AED 1,309 per sqft

Source: Dubai Land Department. Updated 11 April 2021.

Key facts

Type
2-bed apartment
Size
1,549 sqft
Floor
12th of 20
Parking
CD1-007
Developer
Wasl
Completed
2020
Last sold
AED 2.03M · April 2021

About 1210, Park Gate Residences 3

1210 is a two-bedroom apartment of 1,549 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 April 2021 for AED 2,027,777, or AED 1,309 per sqft, 6% above the AED 1,239 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1210 over time

Sales
Unit 1210, each saleTypical two-bed in Park Gate Residences 3
2M2.5M3M2018202120242027Typical sale price by year: 2018 AED 1,933,500; 2019 AED 1,988,000; 2020 AED 1,984,389; 2021 AED 2,097,389; 2022 AED 2,129,777; 2023 AED 2,600,000; 2024 AED 2,600,000; 2025 AED 3,000,000; 2026 AED 2,975,000Sold by developer, April 2021: AED 2,027,777 (AED 1,309 per sqft)

1210 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1210, each contractTypical two-bed in Park Gate Residences 3
100K125K150K2021202320252027Typical rent by year: 2021 AED 95,000; 2022 AED 108,500; 2023 AED 115,000; 2024 AED 132,906; 2025 AED 150,000; 2026 AED 150,000

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 1210 sits

All 124 2-beds →

1210 last sold in April 2021 at AED 1,309 per sqft, 6% above what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,239). 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 salesUnit no.Price (AED)Summary
23 Oct 20262,900,000
22 Jul 20263,032,777
16 Jul 20262,975,000
1 May 20262,950,000
6 2-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
Value
12012-bedAED 2.6M · Jun 2023
12021-bedAED 1.57M · Jan 2018
12032-bedAED 2M · Apr 2022
12042-bedAED 750K · Oct 2020
12052-bedAED 1.97M · Feb 2018
12062-bedAED 1.91M · Jan 2019
12071-bedAED 1.56M · Mar 2022
1–7 of 9

1210, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 11 April 2021 for AED 2,027,777, or AED 1,309 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 11 April 2021.

Questions about 1210, Park Gate Residences 3

What did unit 1210 last sell for?

AED 2,027,777 on 11 April 2021, sold by the developer: AED 1,309 per sqft for 1,549 sqft. It is the only registered sale of the unit.

How big is unit 1210?

1,549 sqft (143.9 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2020.

What is unit 1210 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 1210, Park Gate Residences 3

Starts from the last sale price (AED 2.03M, 11 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,027,777
Deposit, UAE resident (20%)
AED 405,555
Deposit, non-resident (40%)
AED 811,111
Monthly over 25 years at 3.7%
AED 8,296

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