2-bed · 1,548 sqftPark Gate Residences 3, Al Kifaf · 13th floor · completed 2020

1304, Park Gate Residences 3

Sold prices and rental history: sold twice, last in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 14 February 2022
Last soldAED 2.02M14 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Park Gate Residences 3

What is 1304 worth today?

Last sold for AED 2,020,000 in 2022

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14 Feb 2022SoldReady
AED 2,020,000AED 1,304 per sqft
25 Mar 2018Sold by developerOff-plan
AED 1,877,000AED 1,212 per sqft

Source: Dubai Land Department. Updated 14 February 2022.

Key facts

Type
2-bed apartment
Size
1,548 sqft
Floor
13th of 20
Parking
CD1-026
Developer
Wasl
Completed
2020
Last sold
AED 2.02M · February 2022

About 1304, Park Gate Residences 3

1304 is a two-bedroom apartment of 1,548 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 14 February 2022 for AED 2,020,000, or AED 1,304 per sqft, in line with the AED 1,314 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical two-bed in Park Gate Residences 3
2M3M2018202120242027Typical 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, March 2018: AED 1,877,000 (AED 1,212 per sqft)Sold, February 2022: AED 2,020,000 (AED 1,304 per sqft)

1304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, 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 1304 sits

All 124 2-beds →

1304 last sold in February 2022 at AED 1,304 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,314). 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 13th floor

All 165 units in Park Gate Residences 3
Value
13012-bedAED 3M · Oct 2025
13021-bedAED 1.62M · Sep 2023
13032-bedAED 2.56M · Sep 2021
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

1304, Park Gate Residences 3 in numbers

  • Sold twice: first on 25 March 2018 for AED 1,877,000, last on 14 February 2022 for AED 2,020,000 (AED 1,304 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 14 February 2022.

Questions about 1304, Park Gate Residences 3

What did unit 1304 last sell for?

AED 2,020,000 on 14 February 2022: AED 1,304 per sqft for 1,548 sqft. The unit has 2 registered sales; the first was AED 1,877,000 in March 2018.

How big is unit 1304?

1,548 sqft (143.8 sqm): a two-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.

What is unit 1304 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 1304, Park Gate Residences 3

Starts from the last sale price (AED 2.02M, 14 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,020,000
Deposit, UAE resident (20%)
AED 404,000
Deposit, non-resident (40%)
AED 808,000
Monthly over 25 years at 3.7%
AED 8,264

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