702, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Park Gate Residences 3
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 7th of 20
- Parking
- B2-216
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.54M · March 2018
- Building
- Park Gate Residences 3
About 702, Park Gate Residences 3
702 is a one-bedroom apartment of 994 sqft on the 7th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 22 March 2018 for AED 1,537,000, or AED 1,545 per sqft, 4% above the AED 1,479 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 1 September 2025, is AED 105,000 a year: a gross yield of 6.8% on the 2018 price.
Sales and rents for 702 over time
702 has sold once; the dashed line is the one-bed median of each year in the building.
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 702 sits
All 34 1-beds →702 last sold in March 2018 at AED 1,545 per sqft, 4% above what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,479). 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. 702's AED 105,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 987 sqft | 1,980,000 | 2,005 | ||
| 22 Nov 202522 November 2025 | 987 sqft | 1,910,000 | 1,934 | ||
| 20 Oct 202520 October 2025 | 987 sqft | 1,930,000 | 1,954 | ||
| 13 Jun 202513 June 2025 | 994 sqft | 2,075,000 | 2,086 |
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 7th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,569 sqft | AED 2.5MAED 2,496,777 · Mar 2022March 2022 | ||
| 703 | 2-bed | 1,573 sqft | AED 2.66MAED 2,660,000 · Sep 2023September 2023 | 167,500 /yr | |
| 704 | 2-bed | 1,550 sqft | AED 2.98MAED 2,975,000 · Jul 2026July 2026 | 165,000 /yr | |
| 705 | 2-bed | 1,618 sqft | AED 1.93MAED 1,925,000 · Apr 2018April 2018 | 185,000 /yr | |
| 706 | 2-bed | 1,633 sqft | AED 2.95MAED 2,950,000 · May 2026May 2026 | 145,000 /yr | |
| 707 | 1-bed | 987 sqft | AED 1.41MAED 1,414,000 · Feb 2018February 2018 | 100,000 /yr | |
| 708 | 2-bed | 1,630 sqft | AED 1.87MAED 1,867,000 · Mar 2018March 2018 | ||
| 709 | 2-bed | 1,614 sqft | AED 1.92MAED 1,924,000 · Feb 2018February 2018 | 145,000 /yr | |
| 710 | 2-bed | 1,548 sqft | AED 1.86MAED 1,861,000 · Feb 2018February 2018 | 105,000 /yr |
702, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 22 March 2018 for AED 1,537,000, or AED 1,545 per sqft.
- Rented since September 2021 on 6 Ejari contracts, from AED 60,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2018 price is 6.8%.
- 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 1 September 2025.
Questions about 702, Park Gate Residences 3
What did unit 702 last sell for?
AED 1,537,000 on 22 March 2018, sold by the developer: AED 1,545 per sqft for 994 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 105,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2025, was AED 110,000; the unit has been rented since September 2021.
How big is unit 702?
994 sqft (92.3 sqm): a one-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.
What is unit 702 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 702, Park Gate Residences 3
Starts from the last sale price (AED 1.54M, 22 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,537,000
- Deposit, UAE resident (20%)
- AED 307,400
- Deposit, non-resident (40%)
- AED 614,800
- Monthly over 25 years at 3.7%
- AED 6,288
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →