2-bed · 1,616 sqftPark Gate Residences 3, Al Kifaf · 18th floor · completed 2020

1809, Park Gate Residences 3

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

Unit 1809 · DLD and Ejari recordsUpdated 8 October 2026
Last soldAED 2.07M9 April 2020
Current rentAED 145K /yr8 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Park Gate Residences 3

What is 1809 worth today?

Last sold for AED 2,070,777 in 2020

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8 Oct 2026RentedNew contract
AED 145,000/yr12 months · AED 90 per sqft
1 Sep 2024RentedRenewal
AED 126,000/yr12 months · AED 78 per sqft
1 Sep 2023RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
1 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 71 per sqft
15 Jul 2021RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
9 Apr 2020Sold by developerOff-plan
AED 2,070,777AED 1,281 per sqft

Source: Dubai Land Department. Updated 8 October 2026.

Key facts

Type
2-bed apartment
Size
1,616 sqft
Floor
18th of 20
Parking
CD2-108
Developer
Wasl
Completed
2020
Last sold
AED 2.07M · April 2020

About 1809, Park Gate Residences 3

1809 is a two-bedroom apartment of 1,616 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 9 April 2020 for AED 2,070,777, or AED 1,281 per sqft, in line with the AED 1,281 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 8 October 2026, is AED 145,000 a year: a gross yield of 7.0% on the 2020 price.

Sales and rents for 1809 over time

Sales
Unit 1809, 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 2020: AED 2,070,777 (AED 1,281 per sqft)

1809 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1809, 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 90,000 a yearNew contract, September 2022: AED 115,000 a yearRenewal, September 2023: AED 120,000 a yearRenewal, September 2024: AED 126,000 a yearNew contract, October 2026: AED 145,000 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 1809 sits

All 124 2-beds →

1809 last sold in April 2020 at AED 1,281 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,281). 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. 1809's AED 145,000 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 18th floor

All 165 units in Park Gate Residences 3
Value
18012-bedAED 3.3M · Mar 2026
18021-bedAED 1.61M · Mar 2018
18032-bedAED 2.73M · Apr 2023
18042-bedAED 1.96M · Sep 2018
18052-bedAED 2.1M · Aug 2021
18062-bedAED 2.9M · Oct 2025
18071-bedAED 1.6M · Feb 2022
1–7 of 9

1809, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 9 April 2020 for AED 2,070,777, or AED 1,281 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 90,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2020 price is 7.0%.
  • 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 8 October 2026.

Questions about 1809, Park Gate Residences 3

What did unit 1809 last sell for?

AED 2,070,777 on 9 April 2020, sold by the developer: AED 1,281 per sqft for 1,616 sqft. It is the only registered sale of the unit.

What is the rent for unit 1809?

AED 145,000 a year on the contract signed on 8 October 2026. The previous contract, from September 2024, was AED 126,000; the unit has been rented since July 2021.

How big is unit 1809?

1,616 sqft (150.1 sqm): a two-bedroom apartment on the 18th floor of a 20-storey tower completed in 2020.

What is unit 1809 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 1809, Park Gate Residences 3

Starts from the last sale price (AED 2.07M, 9 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,070,777
Deposit, UAE resident (20%)
AED 414,155
Deposit, non-resident (40%)
AED 828,311
Monthly over 25 years at 3.7%
AED 8,472

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