
1308, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in February 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Park Gate Residences 3
What is 1308 worth today?
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Source: Dubai Land Department. Updated 7 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,554 sqft
- Floor
- 13th of 20
- Parking
- CD1-013
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.05M · February 2022
- Building
- Park Gate Residences 3
About 1308, Park Gate Residences 3
1308 is a two-bedroom apartment of 1,554 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 22 February 2022 for AED 2,048,777, or AED 1,318 per sqft, in line with the AED 1,314 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 7 February 2026, is AED 150,000 a year: a gross yield of 7.3% on the 2022 price.
Sales and rents for 1308 over time
1308 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 1308 sits
All 124 2-beds →1308 last sold in February 2022 at AED 1,318 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. 1308'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 13th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,477 sqft | AED 3MAED 3,000,000 · Oct 2025October 2025 | ||
| 1302 | 1-bed | 994 sqft | AED 1.62MAED 1,620,000 · Sep 2023September 2023 | 112,000 /yr | |
| 1303 | 2-bed | 1,571 sqft | AED 2.56MAED 2,564,777 · Sep 2021September 2021 | ||
| 1304 | 2-bed | 1,548 sqft | AED 2.02MAED 2,020,000 · Feb 2022February 2022 | ||
| 1305 | 2-bed | 1,617 sqft | AED 1.98MAED 1,981,000 · Jul 2021July 2021 | 145,000 /yr | |
| 1306 | 2-bed | 204 sqft | AED 2.06MAED 2,060,777 · Jan 2022January 2022 | ||
| 1307 | 1-bed | 987 sqft | AED 1.56MAED 1,564,777 · Apr 2022April 2022 | 85,000 /yr | |
| 1309 | 2-bed | 1,616 sqft | AED 2.02MAED 2,021,000 · Jun 2018June 2018 | ||
| 1310 | 2-bed | 1,549 sqft | AED 2.06MAED 2,056,777 · Nov 2021November 2021 | 125,000 /yr |
1308, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 22 February 2022 for AED 2,048,777, or AED 1,318 per sqft.
- Rented since May 2022 on 6 Ejari contracts, from AED 115,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 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 February 2026.
Questions about 1308, Park Gate Residences 3
What did unit 1308 last sell for?
AED 2,048,777 on 22 February 2022, sold by the developer: AED 1,318 per sqft for 1,554 sqft. It is the only registered sale of the unit.
What is the rent for unit 1308?
AED 150,000 a year on the contract signed on 7 February 2026. The previous contract, from April 2025, was AED 130,000; the unit has been rented since May 2022.
How big is unit 1308?
1,554 sqft (144.4 sqm): a two-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.
What is unit 1308 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 1308, Park Gate Residences 3
Starts from the last sale price (AED 2.05M, 22 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,048,777
- Deposit, UAE resident (20%)
- AED 409,755
- Deposit, non-resident (40%)
- AED 819,511
- Monthly over 25 years at 3.7%
- AED 8,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →