2-bed · 1,617 sqftPark Gate Residences 3, Al Kifaf · 17th floor · completed 2020

1705, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2.02M24 April 2018
Current rentAED 132K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Park Gate Residences 3

What is 1705 worth today?

Last sold for AED 2,019,000 in 2018

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1 Sep 2026RentedRenewal
AED 132,300/yr12 months · AED 82 per sqft
1 Sep 2025RentedRenewal
AED 126,000/yr12 months · AED 78 per sqft
1 Sep 2024RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
1 Sep 2023RentedNew contract
AED 115,000/yr12 months · AED 71 per sqft
1 Sep 2022RentedRenewal
AED 110,000/yr12 months · AED 68 per sqft
1 Sep 2021RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
24 Apr 2018Sold by developerOff-plan
AED 2,019,000AED 1,248 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
17th of 20
Parking
CD2-079
Developer
Wasl
Completed
2020
Last sold
AED 2.02M · April 2018

About 1705, Park Gate Residences 3

1705 is a two-bedroom apartment of 1,617 sqft on the 17th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 24 April 2018 for AED 2,019,000, or AED 1,248 per sqft, in line with the AED 1,219 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 132,300 a year: a gross yield of 6.6% on the 2018 price.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, April 2018: AED 2,019,000 (AED 1,248 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, 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 105,000 a yearRenewal, September 2022: AED 110,000 a yearNew contract, September 2023: AED 115,000 a yearRenewal, September 2024: AED 120,000 a yearRenewal, September 2025: AED 126,000 a yearRenewal, September 2026: AED 132,300 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 1705 sits

All 124 2-beds →

1705 last sold in April 2018 at AED 1,248 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,219). 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. 1705's AED 132,300 is in the lower 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 17th floor

All 165 units in Park Gate Residences 3
Value
17012-bedAED 2.48M · Sep 2020
17021-bedAED 1.61M · Apr 2018
17032-bedAED 2.56M · Apr 2022
17042-bedAED 1.99M · May 2018
17062-bedAED 2M · Sep 2020
17071-bedAED 1.93M · Oct 2025
17082-bedAED 2.1M · Jul 2022
1–7 of 9

1705, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 24 April 2018 for AED 2,019,000, or AED 1,248 per sqft.
  • Rented since September 2021 on 6 Ejari contracts, from AED 105,000 to AED 132,300 a year.
  • At AED 132,300 a year the gross yield on the 2018 price is 6.6%.
  • 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 1 September 2026.

Questions about 1705, Park Gate Residences 3

What did unit 1705 last sell for?

AED 2,019,000 on 24 April 2018, sold by the developer: AED 1,248 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 132,300 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 126,000; the unit has been rented since September 2021.

How big is unit 1705?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 17th floor of a 20-storey tower completed in 2020.

What is unit 1705 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 1705, Park Gate Residences 3

Starts from the last sale price (AED 2.02M, 24 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,019,000
Deposit, UAE resident (20%)
AED 403,800
Deposit, non-resident (40%)
AED 807,600
Monthly over 25 years at 3.7%
AED 8,260

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