2-bed · 1,616 sqftPark Gate Residences 3, Al Kifaf · 17th floor · completed 2020

1709, Park Gate Residences 3

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 5 May 2026
Last soldAED 2.2M13 December 2023
Current rentAED 160K /yr5 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Park Gate Residences 3

What is 1709 worth today?

Last sold for AED 2,200,000 in 2023

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5 May 2026RentedNew contract
AED 160,000/yr12 months · AED 99 per sqft
2 Jan 2025RentedRenewal
AED 152,000/yr12 months · AED 94 per sqft
2 Jan 2025RentedRenewal
AED 152,000/yr12 months · AED 94 per sqft
13 Dec 2023SoldReady
AED 2,200,000AED 1,361 per sqft
1 Nov 2022RentedRenewal
AED 107,000/yr12 months · AED 66 per sqft
1 Nov 2021RentedNew contract
AED 107,000/yr12 months · AED 66 per sqft
24 May 2021Sold by developerReady
AED 2,166,777AED 1,340 per sqft

Source: Dubai Land Department. Updated 5 May 2026.

Key facts

Type
2-bed apartment
Size
1,616 sqft
Floor
17th of 20
Parking
CD2-081
Developer
Wasl
Completed
2020
Last sold
AED 2.2M · December 2023

About 1709, Park Gate Residences 3

1709 is a two-bedroom apartment of 1,616 sqft on the 17th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 13 December 2023 for AED 2,200,000, or AED 1,361 per sqft, 18% below the AED 1,655 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 5 May 2026, is AED 160,000 a year: a gross yield of 7.3% on the 2023 price.

Sales and rents for 1709 over time

Sales
Unit 1709, 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, May 2021: AED 2,166,777 (AED 1,340 per sqft)Sold, December 2023: AED 2,200,000 (AED 1,361 per sqft)

1709 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1709, 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, November 2021: AED 107,000 a yearRenewal, November 2022: AED 107,000 a yearRenewal, January 2025: AED 152,000 a yearRenewal, January 2025: AED 152,000 a yearNew contract, May 2026: 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 1709 sits

All 124 2-beds →

1709 last sold in December 2023 at AED 1,361 per sqft, 18% below what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,655). 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. 1709'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
17062-bedAED 2M · Sep 2020
17071-bedAED 1.93M · Oct 2025
1–7 of 9

1709, Park Gate Residences 3 in numbers

  • Sold twice: first on 24 May 2021 for AED 2,166,777, last on 13 December 2023 for AED 2,200,000 (AED 1,361 per sqft).
  • Rented since November 2021 on 5 Ejari contracts, from AED 107,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 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 5 May 2026.

Questions about 1709, Park Gate Residences 3

What did unit 1709 last sell for?

AED 2,200,000 on 13 December 2023: AED 1,361 per sqft for 1,616 sqft. The unit has 2 registered sales; the first was AED 2,166,777 in May 2021.

What is the rent for unit 1709?

AED 160,000 a year on the contract signed on 5 May 2026. The previous contract, from January 2025, was AED 152,000; the unit has been rented since November 2021.

How big is unit 1709?

1,616 sqft (150.1 sqm): a two-bedroom apartment on the 17th floor of a 20-storey tower completed in 2020.

What is unit 1709 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 1709, Park Gate Residences 3

Starts from the last sale price (AED 2.2M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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