1808, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1808, Park Gate Residences 3
What is 1808 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,632 sqft
- Floor
- 18th of 20
- Parking
- CD2-082
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.11M · February 2022
- Building
- Park Gate Residences 3
About 1808, Park Gate Residences 3
1808 is a two-bedroom apartment of 1,632 sqft on the 18th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 21 February 2022 for AED 2,110,777, or AED 1,293 per sqft, in line with the AED 1,312 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 146,165 a year: a gross yield of 6.9% on the 2022 price.
Sales and rents for 1808 over time
1808 has sold once; 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 1808 sits
All 124 2-beds →1808 last sold in February 2022 at AED 1,293 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,312). 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. 1808's AED 146,165 is in the upper half of that range.
| 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 18th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,571 sqft | AED 3.3MAED 3,300,000 · Mar 2026March 2026 | 170,000 /yr | |
| 1802 | 1-bed | 994 sqft | AED 1.61MAED 1,612,000 · Mar 2018March 2018 | 108,000 /yr | |
| 1803 | 2-bed | 1,571 sqft | AED 2.73MAED 2,725,000 · Apr 2023April 2023 | ||
| 1804 | 2-bed | 1,548 sqft | AED 1.96MAED 1,960,000 · Sep 2018September 2018 | ||
| 1805 | 2-bed | 1,617 sqft | AED 2.1MAED 2,100,000 · Aug 2021August 2021 | ||
| 1806 | 2-bed | 1,631 sqft | AED 2.9MAED 2,900,000 · Oct 2025October 2025 | ||
| 1807 | 1-bed | 987 sqft | AED 1.6MAED 1,598,777 · Feb 2022February 2022 | 125,000 /yr | |
| 1809 | 2-bed | 1,616 sqft | AED 2.07MAED 2,070,777 · Apr 2020April 2020 | 145,000 /yr | |
| 1810 | 2-bed | 1,549 sqft | AED 2.11MAED 2,105,777 · Sep 2021September 2021 | 150,000 /yr |
1808, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 21 February 2022 for AED 2,110,777, or AED 1,293 per sqft.
- Rented since August 2022 on 3 Ejari contracts, from AED 150,000 to AED 146,165 a year.
- At AED 146,165 a year the gross yield on the 2022 price is 6.9%.
- 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 October 2024.
Questions about 1808, Park Gate Residences 3
What did unit 1808 last sell for?
AED 2,110,777 on 21 February 2022, sold by the developer: AED 1,293 per sqft for 1,632 sqft. It is the only registered sale of the unit.
What is the rent for unit 1808?
AED 146,165 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 157,500; the unit has been rented since August 2022.
How big is unit 1808?
1,632 sqft (151.6 sqm): a two-bedroom apartment on the 18th floor of a 20-storey tower completed in 2020.
What is unit 1808 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 1808, Park Gate Residences 3
Starts from the last sale price (AED 2.11M, 21 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,110,777
- Deposit, UAE resident (20%)
- AED 422,155
- Deposit, non-resident (40%)
- AED 844,311
- Monthly over 25 years at 3.7%
- AED 8,636
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →