2-bed · 1,550 sqftPark Gate Residences 3, Al Kifaf · 7th floor · completed 2020

704, Park Gate Residences 3

Sold prices and rental history: sold twice, last in July 2026, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 16 July 2026
Last soldAED 2.98M16 July 2026
Current rentAED 165K /yr14 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Park Gate Residences 3

What is 704 worth today?

Last sold for AED 2,975,000 in 2026

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16 Jul 2026SoldReady
AED 2,975,000AED 1,919 per sqft
14 Nov 2025RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
8 Feb 2018Sold by developerOff-plan
AED 1,860,000AED 1,200 per sqft

Source: Dubai Land Department. Updated 16 July 2026.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
7th of 20
Parking
B2-196,B2-195A
Developer
Wasl
Completed
2020
Last sold
AED 2.98M · July 2026

About 704, Park Gate Residences 3

704 is a two-bedroom apartment of 1,550 sqft on the 7th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 16 July 2026 for AED 2,975,000, or AED 1,919 per sqft, in line with the AED 1,975 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 November 2025. The current contract, signed on 14 November 2025, is AED 165,000 a year: a gross yield of 5.5% on the 2026 price.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Park Gate Residences 3
2M3M2018202120242027Typical 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, February 2018: AED 1,860,000 (AED 1,200 per sqft)Sold, July 2026: AED 2,975,000 (AED 1,919 per sqft)

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

Rents
Unit 704, 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 2025: AED 165,000 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 704 sits

All 124 2-beds →

704 last sold in July 2026 at AED 1,919 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,975). 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. 704's AED 165,000 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
1 May 20262,950,000
27 Mar 20263,300,000
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 7th floor

All 165 units in Park Gate Residences 3
Value
7012-bedAED 2.5M · Mar 2022
7021-bedAED 1.54M · Mar 2018
7032-bedAED 2.66M · Sep 2023
7052-bedAED 1.93M · Apr 2018
7062-bedAED 2.95M · May 2026
7071-bedAED 1.41M · Feb 2018
7082-bedAED 1.87M · Mar 2018
1–7 of 9

704, Park Gate Residences 3 in numbers

  • Sold twice: first on 8 February 2018 for AED 1,860,000, last on 16 July 2026 for AED 2,975,000 (AED 1,919 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2026 price is 5.5%.
  • 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 16 July 2026.

Questions about 704, Park Gate Residences 3

What did unit 704 last sell for?

AED 2,975,000 on 16 July 2026: AED 1,919 per sqft for 1,550 sqft. The unit has 2 registered sales; the first was AED 1,860,000 in February 2018.

What is the rent for unit 704?

AED 165,000 a year on the contract signed on 14 November 2025.

How big is unit 704?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.

What is unit 704 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 704, Park Gate Residences 3

Starts from the last sale price (AED 2.98M, 16 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,975,000
Deposit, UAE resident (20%)
AED 595,000
Deposit, non-resident (40%)
AED 1,190,000
Monthly over 25 years at 3.7%
AED 12,172

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