901, Park Gate Residences 3
Sold prices and rental history: sold twice, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 901, Park Gate Residences 3
What is 901 worth today?
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Source: Dubai Land Department. Updated 13 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,571 sqft
- Floor
- 9th of 20
- Parking
- B2-224
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.2M · November 2024
- Building
- Park Gate Residences 3
About 901, Park Gate Residences 3
901 is a two-bedroom apartment of 1,571 sqft on the 9th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 13 November 2024 for AED 3,200,000, or AED 2,037 per sqft, 24% above the AED 1,646 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 120,000 a year: a gross yield of 3.8% on the 2024 price.
Sales and rents for 901 over time
901 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 901 sits
All 124 2-beds →901 last sold in November 2024 at AED 2,037 per sqft, 24% above what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,646). 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. 901's AED 120,000 is in the lower 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 | ||
| 1 May 20261 May 2026 | 1,633 sqft | 2,950,000 | 1,806 |
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 9th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 902 | 1-bed | 994 sqft | AED 1.55MAED 1,550,000 · Sep 2018September 2018 | 115,000 /yr | |
| 903 | 2-bed | 1,571 sqft | AED 2.52MAED 2,519,777 · Nov 2021November 2021 | ||
| 904 | 2-bed | 1,548 sqft | AED 1.88MAED 1,878,000 · Feb 2018February 2018 | 105,000 /yr | |
| 905 | 2-bed | 1,617 sqft | AED 2.1MAED 2,100,000 · Mar 2022March 2022 | 100,000 /yr | |
| 906 | 2-bed | 1,631 sqft | AED 2.6MAED 2,600,000 · Sep 2024September 2024 | ||
| 907 | 1-bed | 987 sqft | AED 1.53MAED 1,532,777 · Apr 2022April 2022 | 82,000 /yr | |
| 908 | 2-bed | 1,632 sqft | AED 2.02MAED 2,022,777 · May 2021May 2021 | ||
| 909 | 2-bed | 1,616 sqft | AED 1.94MAED 1,944,000 · Mar 2018March 2018 | ||
| 910 | 2-bed | 1,549 sqft | AED 2MAED 1,997,777 · May 2021May 2021 |
901, Park Gate Residences 3 in numbers
- Sold twice: first on 3 April 2018 for AED 2,395,000, last on 13 November 2024 for AED 3,200,000 (AED 2,037 per sqft).
- Rented since May 2021 on 3 Ejari contracts, from AED 90,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 3.8%.
- 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 13 November 2024.
Questions about 901, Park Gate Residences 3
What did unit 901 last sell for?
AED 3,200,000 on 13 November 2024: AED 2,037 per sqft for 1,571 sqft. The unit has 2 registered sales; the first was AED 2,395,000 in April 2018.
What is the rent for unit 901?
AED 120,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 120,000; the unit has been rented since May 2021.
How big is unit 901?
1,571 sqft (146.0 sqm): a two-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.
What is unit 901 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 901, Park Gate Residences 3
Starts from the last sale price (AED 3.2M, 13 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →