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2-bed · 1,631 sqftPark Gate Residences 3, Al Kifaf · 17th floor · completed 2020

1706, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 2M16 September 2020
Current rentAED 160K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1706, Park Gate Residences 3

What is 1706 worth today?

Last sold for AED 1,996,000 in 2020

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1 Nov 2025RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
1 Jul 2022RentedRenewal
AED 84,000/yr12 months · AED 51 per sqft
1 Jul 2021RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
16 Sep 2020Sold by developerOff-plan
AED 1,996,000AED 1,223 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,631 sqft
Floor
17th of 20
Parking
CD2-009
Developer
Wasl
Completed
2020
Last sold
AED 2M · September 2020
Building
Park Gate Residences 3

About 1706, Park Gate Residences 3

1706 is a two-bedroom apartment of 1,631 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 16 September 2020 for AED 1,996,000, or AED 1,223 per sqft, in line with the AED 1,223 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 November 2025, is AED 160,000 a year: a gross yield of 8.0% on the 2020 price.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, September 2020: AED 1,996,000 (AED 1,223 per sqft)

1706 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, each contractTypical two-bed in Park Gate Residences 3
100K150K2021202320252027Typical 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, July 2021: AED 80,000 a yearRenewal, July 2022: AED 84,000 a yearNew contract, November 2025: AED 160,000 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 1706 sits

All 124 2-beds →

1706 last sold in September 2020 at AED 1,223 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,223). 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. 1706's AED 160,000 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 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
17052-bedAED 2.02M · Apr 2018
17071-bedAED 1.93M · Oct 2025
17082-bedAED 2.1M · Jul 2022
1–7 of 9

1706, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 16 September 2020 for AED 1,996,000, or AED 1,223 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 80,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 8.0%.
  • 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 November 2025.

Questions about 1706, Park Gate Residences 3

What did unit 1706 last sell for?

AED 1,996,000 on 16 September 2020, sold by the developer: AED 1,223 per sqft for 1,631 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 160,000 a year on the contract signed on 1 November 2025. The previous contract, from July 2022, was AED 84,000; the unit has been rented since July 2021.

How big is unit 1706?

1,631 sqft (151.5 sqm): a two-bedroom apartment on the 17th floor of a 20-storey tower completed in 2020.

What is unit 1706 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 1706, Park Gate Residences 3

Starts from the last sale price (AED 2M, 16 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,996,000
Deposit, UAE resident (20%)
AED 399,200
Deposit, non-resident (40%)
AED 798,400
Monthly over 25 years at 3.7%
AED 8,166

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