Home
Dubai prices
About
Research
2-bed · 1,618 sqftPark Gate Residences 3, Al Kifaf · 7th floor · completed 2020

705, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in April 2018, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.93M9 April 2018
Current rentAED 185K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 705

Property timeline for 705, Park Gate Residences 3

What is 705 worth today?

Last sold for AED 1,925,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jan 2026RentedNew contract
AED 185,000/yr12 months · AED 115 per sqft
9 Apr 2018Sold by developerOff-plan
AED 1,925,000AED 1,189 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
1,618 sqft
Floor
7th of 20
Parking
B2-198
Developer
Wasl
Completed
2020
Last sold
AED 1.93M · April 2018
Building
Park Gate Residences 3

About 705, Park Gate Residences 3

705 is a two-bedroom apartment of 1,618 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 9 April 2018 for AED 1,925,000, or AED 1,189 per sqft, in line with the AED 1,218 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2026. The current contract, signed on 1 January 2026, is AED 185,000 a year: a gross yield of 9.6% on the 2018 price.

Sales and rents for 705 over time

Sales
Unit 705, 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 2018: AED 1,925,000 (AED 1,189 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Park Gate Residences 3
100K150K200K2021202320252027Typical 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, January 2026: AED 185,000 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 705 sits

All 124 2-beds →

705 last sold in April 2018 at AED 1,189 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,218). 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. 705's AED 185,000 is at the top 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 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
7042-bedAED 2.98M · Jul 2026
7062-bedAED 2.95M · May 2026
7071-bedAED 1.41M · Feb 2018
7082-bedAED 1.87M · Mar 2018
1–7 of 9

705, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 9 April 2018 for AED 1,925,000, or AED 1,189 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2018 price is 9.6%.
  • 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 January 2026.

Questions about 705, Park Gate Residences 3

What did unit 705 last sell for?

AED 1,925,000 on 9 April 2018, sold by the developer: AED 1,189 per sqft for 1,618 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 185,000 a year on the contract signed on 1 January 2026.

How big is unit 705?

1,618 sqft (150.3 sqm): a two-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.

What is unit 705 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.

Selling 705? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 705, Park Gate Residences 3

Starts from the last sale price (AED 1.93M, 9 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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