706, Park Gate Residences 3
Sold prices and rental history: sold twice, last in May 2026, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Park Gate Residences 3
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,633 sqft
- Floor
- 7th of 20
- Parking
- B2-034
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.95M · May 2026
- Building
- Park Gate Residences 3
About 706, Park Gate Residences 3
706 is a two-bedroom apartment of 1,633 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 1 May 2026 for AED 2,950,000, or AED 1,806 per sqft, 8% below the AED 1,973 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 145,000 a year: a gross yield of 4.9% on the 2026 price.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the two-bed median of each year in the building.
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 706 sits
All 124 2-beds →706 last sold in May 2026 at AED 1,806 per sqft, 8% below what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,973). 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. 706's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 1,549 sqft | 2,900,000 | 1,872 | ||
| 22 Jul 202622 July 2026 | 1,631 sqft | 3,032,777 | 1,859 | ||
| 16 Jul 202616 July 2026 | 1,550 sqft | 2,975,000 | 1,919 | ||
| 27 Mar 202627 March 2026 | 1,571 sqft | 3,300,000 | 2,100 |
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 | ||
| 702 | 1-bed | 994 sqft | AED 1.54MAED 1,537,000 · Mar 2018March 2018 | 110,000 /yr | |
| 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 | |
| 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 |
706, Park Gate Residences 3 in numbers
- Sold twice: first on 24 April 2018 for AED 1,866,000, last on 1 May 2026 for AED 2,950,000 (AED 1,806 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 95,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2026 price is 4.9%.
- 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 May 2026.
Questions about 706, Park Gate Residences 3
What did unit 706 last sell for?
AED 2,950,000 on 1 May 2026: AED 1,806 per sqft for 1,633 sqft. The unit has 2 registered sales; the first was AED 1,866,000 in April 2018.
What is the rent for unit 706?
AED 145,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 145,000; the unit has been rented since October 2022.
How big is unit 706?
1,633 sqft (151.7 sqm): a two-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.
What is unit 706 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 706, Park Gate Residences 3
Starts from the last sale price (AED 2.95M, 1 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →