1-bed · 994 sqftPark Gate Residences 3, Al Kifaf · 20th floor · completed 2020

2002, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 1.7M25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Park Gate Residences 3

What is 2002 worth today?

Last sold for AED 1,695,777 in 2022

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25 Apr 2022Sold by developerReady
AED 1,695,777AED 1,705 per sqft

Source: Dubai Land Department. Updated 25 April 2022.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
20th of 20
Parking
CD4-039
Developer
Wasl
Completed
2020
Last sold
AED 1.7M · April 2022

About 2002, Park Gate Residences 3

2002 is a one-bedroom apartment of 994 sqft on the 20th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 25 April 2022 for AED 1,695,777, or AED 1,705 per sqft, 6% above the AED 1,614 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical one-bed in Park Gate Residences 3
1.6M1.8M2M20182020202220242026Typical sale price by year: 2018 AED 1,526,000; 2020 AED 1,543,000; 2022 AED 1,579,277; 2024 AED 1,700,000; 2025 AED 1,955,000Sold by developer, April 2022: AED 1,695,777 (AED 1,705 per sqft)

2002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, each contractTypical one-bed in Park Gate Residences 3
60K80K100K2021202320252027Typical rent by year: 2021 AED 65,000; 2022 AED 75,000; 2023 AED 91,000; 2024 AED 100,000; 2025 AED 106,000; 2026 AED 94,500

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Gate Residences 3, and where 2002 sits

All 34 1-beds →

2002 last sold in April 2022 at AED 1,705 per sqft, 6% above what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,614). Over the last 12 months one-beds sold for AED 1,910,000 to 1,980,000, around AED 1,970 per sqft, and rent for AED 80,000 to 125,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 20251,980,000
22 Nov 20251,910,000
20 Oct 20251,930,000
13 Jun 20252,075,000
2 1-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 20th floor

All 165 units in Park Gate Residences 3
Value
20012-bedAED 2.67M · Apr 2022
20032-bedAED 2.64M · Mar 2022
20042-bedAED 2.12M · May 2021
20052-bedAED 2.29M · Jun 2022
20062-bedAED 2.13M · Mar 2022
20071-bedAED 1.61M · Jun 2022
20082-bedAED 2.13M · Jun 2022
1–7 of 9

2002, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 25 April 2022 for AED 1,695,777, or AED 1,705 per sqft.
  • One-beds in Park Gate Residences 3 sold for AED 1,910,000–1,980,000 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 25 April 2022.

Questions about 2002, Park Gate Residences 3

What did unit 2002 last sell for?

AED 1,695,777 on 25 April 2022, sold by the developer: AED 1,705 per sqft for 994 sqft. It is the only registered sale of the unit.

How big is unit 2002?

994 sqft (92.3 sqm): a one-bedroom apartment on the 20th floor of a 20-storey tower completed in 2020.

What is unit 2002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 3 sold for AED 1,910,000 to 1,980,000 in the last 12 months, around AED 1,970 per sqft.

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Mortgage on 2002, Park Gate Residences 3

Starts from the last sale price (AED 1.7M, 25 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,695,777
Deposit, UAE resident (20%)
AED 339,155
Deposit, non-resident (40%)
AED 678,311
Monthly over 25 years at 3.7%
AED 6,938

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