2-bed · 1,554 sqftPark Gate Residences 3, Al Kifaf · 13th floor · completed 2020

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.

Unit 1308 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 2.05M22 February 2022
Current rentAED 150K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Park Gate Residences 3

What is 1308 worth today?

Last sold for AED 2,048,777 in 2022

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7 Feb 2026RentedNew contract
AED 150,000/yr12 months · AED 96 per sqft
1 Apr 2025RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Apr 2025RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Apr 2024RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
30 May 2022RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
22 Feb 2022Sold by developerReady
AED 2,048,777AED 1,318 per sqft

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

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

Sales
Unit 1308, 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, February 2022: AED 2,048,777 (AED 1,318 per sqft)

1308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1308, 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, May 2022: AED 115,000 a yearNew contract, April 2023: AED 130,000 a yearRenewal, April 2024: AED 130,000 a yearRenewal, April 2025: AED 130,000 a yearRenewal, April 2025: AED 130,000 a yearNew contract, February 2026: AED 150,000 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 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 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
13052-bedAED 1.98M · Jul 2021
13062-bedAED 2.06M · Jan 2022
13071-bedAED 1.56M · Apr 2022
1–7 of 9

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 →