2-bed · 1,617 sqftPark Gate Residences 3, Al Kifaf · 13th floor · completed 2020

1305, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 1.98M13 July 2021
Current rentAED 145K /yr7 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Park Gate Residences 3

What is 1305 worth today?

Last sold for AED 1,981,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Jul 2026RentedNew contract
AED 145,000/yr12 months · AED 90 per sqft
13 May 2025RentedNew contract
AED 145,000/yr12 months · AED 90 per sqft
13 May 2025RentedNew contract
AED 145,000/yr12 months · AED 90 per sqft
7 Jul 2024RentedRenewal
AED 130,000/yr12 months · AED 81 per sqft
7 Jul 2023RentedNew contract
AED 130,000/yr12 months · AED 81 per sqft
28 Sep 2022RentedRenewal
AED 100,000/yr9 months · AED 62 per sqft
28 Sep 2021RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
13 Jul 2021Sold by developerReady
AED 1,981,000AED 1,225 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
13th of 20
Parking
CD1-029
Developer
Wasl
Completed
2020
Last sold
AED 1.98M · July 2021

About 1305, Park Gate Residences 3

1305 is a two-bedroom apartment of 1,617 sqft on the 13th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 July 2021 for AED 1,981,000, or AED 1,225 per sqft, 5% below the AED 1,289 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 7 July 2026, is AED 145,000 a year: a gross yield of 7.3% on the 2021 price.

Sales and rents for 1305 over time

Sales
Unit 1305, 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, July 2021: AED 1,981,000 (AED 1,225 per sqft)

1305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, 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 150,000New contract, September 2021: AED 100,000 a yearRenewal, September 2022: AED 100,000 a yearNew contract, July 2023: AED 130,000 a yearRenewal, July 2024: AED 130,000 a yearNew contract, May 2025: AED 145,000 a yearNew contract, May 2025: AED 145,000 a yearNew contract, July 2026: AED 145,000 a year

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 1305 sits

All 124 2-beds →

1305 last sold in July 2021 at AED 1,225 per sqft, 5% below what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,289). 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. 1305's AED 145,000 is in the upper half of that range.

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
13042-bedAED 2.02M · Feb 2022
13062-bedAED 2.06M · Jan 2022
13071-bedAED 1.56M · Apr 2022
13082-bedAED 2.05M · Feb 2022
1–7 of 9

1305, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 13 July 2021 for AED 1,981,000, or AED 1,225 per sqft.
  • Rented since September 2021 on 7 Ejari contracts, from AED 100,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2021 price is 7.3%.
  • 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 7 July 2026.

Questions about 1305, Park Gate Residences 3

What did unit 1305 last sell for?

AED 1,981,000 on 13 July 2021, sold by the developer: AED 1,225 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 1305?

AED 145,000 a year on the contract signed on 7 July 2026. The previous contract, from May 2025, was AED 145,000; the unit has been rented since September 2021.

How big is unit 1305?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.

What is unit 1305 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.

Selling 1305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1305, Park Gate Residences 3

Starts from the last sale price (AED 1.98M, 13 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,981,000
Deposit, UAE resident (20%)
AED 396,200
Deposit, non-resident (40%)
AED 792,400
Monthly over 25 years at 3.7%
AED 8,105

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