1401, Park Gate Residences 3
Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Park Gate Residences 3
What is 1401 worth today?
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Source: Dubai Land Department. Updated 19 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 14th of 20
- Parking
- CD1-006
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.53M · September 2022
- Building
- Park Gate Residences 3
About 1401, Park Gate Residences 3
1401 is a two-bedroom apartment of 1,571 sqft on the 14th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 19 September 2022 for AED 2,525,000, or AED 1,607 per sqft, 21% above the AED 1,327 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1401 over time
1401 has sold twice; 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 1401 sits
All 124 2-beds →1401 last sold in September 2022 at AED 1,607 per sqft, 21% above what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,327). 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 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 14th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 1-bed | 994 sqft | AED 1.59MAED 1,585,000 · Sep 2020September 2020 | 107,000 /yr | |
| 1403 | 2-bed | 1,571 sqft | AED 2.65MAED 2,650,000 · Mar 2022March 2022 | ||
| 1404 | 2-bed | 1,548 sqft | AED 1.92MAED 1,924,000 · Feb 2018February 2018 | ||
| 1405 | 2-bed | 1,617 sqft | AED 1.99MAED 1,992,000 · Apr 2018April 2018 | 152,000 /yr | |
| 1406 | 2-bed | 1,631 sqft | AED 3.03MAED 3,032,777 · Jul 2026July 2026 | ||
| 1407 | 1-bed | 987 sqft | AED 1.46MAED 1,461,000 · Mar 2018March 2018 | 90,000 /yr | |
| 1408 | 2-bed | 1,632 sqft | AED 2.07MAED 2,073,777 · Mar 2022March 2022 | 120,750 /yr | |
| 1409 | 2-bed | 1,616 sqft | AED 1.95MAED 1,952,000 · Mar 2018March 2018 | 150,000 /yr | |
| 1410 | 2-bed | 1,549 sqft | AED 2.06MAED 2,064,777 · Aug 2021August 2021 |
1401, Park Gate Residences 3 in numbers
- Sold twice: first on 11 March 2018 for AED 2,448,000, last on 19 September 2022 for AED 2,525,000 (AED 1,607 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 19 September 2022.
Questions about 1401, Park Gate Residences 3
What did unit 1401 last sell for?
AED 2,525,000 on 19 September 2022: AED 1,607 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,448,000 in March 2018.
How big is unit 1401?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.
What is unit 1401 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 1401, Park Gate Residences 3
Starts from the last sale price (AED 2.53M, 19 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,525,000
- Deposit, UAE resident (20%)
- AED 505,000
- Deposit, non-resident (40%)
- AED 1,010,000
- Monthly over 25 years at 3.7%
- AED 10,331
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →