1-bed · 994 sqftPark Gate Residences 3, Al Kifaf · 13th floor · completed 2020

1302, Park Gate Residences 3

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 1.62M5 September 2023
Current rentAED 112K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Park Gate Residences 3

What is 1302 worth today?

Last sold for AED 1,620,000 in 2023

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7 Oct 2026RentedRenewal
AED 112,000/yr12 months · AED 113 per sqft
7 Oct 2024RentedRenewal
AED 110,000/yr12 months · AED 111 per sqft
7 Oct 2023RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
5 Sep 2023SoldReady
AED 1,620,000AED 1,629 per sqft
28 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
1 Sep 2021RentedNew contract
AED 90,000/yr25 months · AED 91 per sqft
14 May 2018Sold by developerOff-plan
AED 1,577,000AED 1,586 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
13th of 20
Parking
CD1-015
Developer
Wasl
Completed
2020
Last sold
AED 1.62M · September 2023

About 1302, Park Gate Residences 3

1302 is a one-bedroom apartment of 994 sqft on the 13th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 5 September 2023 for AED 1,620,000, or AED 1,629 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 7 October 2026, is AED 112,000 a year: a gross yield of 6.9% on the 2023 price.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical one-bed in Park Gate Residences 3
1.6M1.8M2M20182020202220242026Typical sale price by year: 2018 AED 1,526,000; 2020 AED 1,543,000; 2022 AED 1,579,277; 2024 AED 1,700,000; 2025 AED 1,955,000Sold by developer, May 2018: AED 1,577,000 (AED 1,586 per sqft)Sold, September 2023: AED 1,620,000 (AED 1,629 per sqft)

1302 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, each contractTypical one-bed in Park Gate Residences 3
75K100K2021202320252027Typical rent by year: 2021 AED 65,000; 2022 AED 75,000; 2023 AED 91,000; 2024 AED 100,000; 2025 AED 106,000; 2026 AED 94,500New contract, September 2021: AED 90,000 a yearNew contract, October 2022: AED 95,000 a yearNew contract, October 2023: AED 105,000 a yearRenewal, October 2024: AED 110,000 a yearRenewal, October 2026: AED 112,000 a year

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 1302 sits

All 34 1-beds →

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. 1302's AED 112,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 20251,980,000
22 Nov 20251,910,000
20 Oct 20251,930,000
13 Jun 20252,075,000
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 13th floor

All 165 units in Park Gate Residences 3
Value
13012-bedAED 3M · Oct 2025
13032-bedAED 2.56M · Sep 2021
13042-bedAED 2.02M · Feb 2022
13052-bedAED 1.98M · Jul 2021
13062-bedAED 2.06M · Jan 2022
13071-bedAED 1.56M · Apr 2022
13082-bedAED 2.05M · Feb 2022
1–7 of 9

1302, Park Gate Residences 3 in numbers

  • Sold twice: first on 14 May 2018 for AED 1,577,000, last on 5 September 2023 for AED 1,620,000 (AED 1,629 per sqft).
  • Rented since September 2021 on 5 Ejari contracts, from AED 90,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2023 price is 6.9%.
  • 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 7 October 2026.

Questions about 1302, Park Gate Residences 3

What did unit 1302 last sell for?

AED 1,620,000 on 5 September 2023: AED 1,629 per sqft for 994 sqft. The unit has 2 registered sales; the first was AED 1,577,000 in May 2018.

What is the rent for unit 1302?

AED 112,000 a year on the contract renewed on 7 October 2026. The previous contract, from October 2024, was AED 110,000; the unit has been rented since September 2021.

How big is unit 1302?

994 sqft (92.3 sqm): a one-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.

What is unit 1302 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 1302, Park Gate Residences 3

Starts from the last sale price (AED 1.62M, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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