1402, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Park Gate Residences 3
What is 1402 worth today?
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Source: Dubai Land Department. Updated 29 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 14th of 20
- Parking
- CD1-020
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.59M · September 2020
- Building
- Park Gate Residences 3
About 1402, Park Gate Residences 3
1402 is a one-bedroom apartment of 994 sqft on the 14th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 29 September 2020 for AED 1,585,000, or AED 1,594 per sqft, in line with the AED 1,573 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 29 September 2025, is AED 107,000 a year: a gross yield of 6.8% on the 2020 price.
Sales and rents for 1402 over time
1402 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 3, and where 1402 sits
All 34 1-beds →1402 last sold in September 2020 at AED 1,594 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,573). Over the last 12 months one-beds sold for AED 1,910,000 to 1,980,000, around AED 1,970 per sqft, and rent for AED 80,000 to 125,000 a year. 1402's AED 107,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 987 sqft | 1,980,000 | 2,005 | ||
| 22 Nov 202522 November 2025 | 987 sqft | 1,910,000 | 1,934 | ||
| 20 Oct 202520 October 2025 | 987 sqft | 1,930,000 | 1,954 | ||
| 13 Jun 202513 June 2025 | 994 sqft | 2,075,000 | 2,086 |
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 | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,571 sqft | AED 2.53MAED 2,525,000 · Sep 2022September 2022 | ||
| 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 |
1402, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 29 September 2020 for AED 1,585,000, or AED 1,594 per sqft.
- Rented since September 2021 on 4 Ejari contracts, from AED 60,000 to AED 107,000 a year.
- At AED 107,000 a year the gross yield on the 2020 price is 6.8%.
- One-beds in Park Gate Residences 3 sold for AED 1,910,000–1,980,000 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 29 September 2025.
Questions about 1402, Park Gate Residences 3
What did unit 1402 last sell for?
AED 1,585,000 on 29 September 2020, sold by the developer: AED 1,594 per sqft for 994 sqft. It is the only registered sale of the unit.
What is the rent for unit 1402?
AED 107,000 a year on the contract renewed on 29 September 2025. The previous contract, from September 2024, was AED 107,000; the unit has been rented since September 2021.
How big is unit 1402?
994 sqft (92.3 sqm): a one-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.
What is unit 1402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 3 sold for AED 1,910,000 to 1,980,000 in the last 12 months, around AED 1,970 per sqft.
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Mortgage on 1402, Park Gate Residences 3
Starts from the last sale price (AED 1.59M, 29 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,585,000
- Deposit, UAE resident (20%)
- AED 317,000
- Deposit, non-resident (40%)
- AED 634,000
- Monthly over 25 years at 3.7%
- AED 6,485
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →