2-bed · 1,548 sqftPark Gate Residences 3, Al Kifaf · 9th floor · completed 2020

904, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 16 May 2025
Last soldAED 1.88M13 February 2018
Current rentAED 105K /yr16 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Park Gate Residences 3

What is 904 worth today?

Last sold for AED 1,878,000 in 2018

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16 May 2025RentedRenewal
AED 105,000/yr12 months · AED 68 per sqft
16 May 2024RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
16 May 2023RentedRenewal
AED 91,000/yr12 months · AED 59 per sqft
16 May 2022RentedRenewal
AED 81,000/yr12 months · AED 52 per sqft
16 May 2021RentedNew contract
AED 81,000/yr12 months · AED 52 per sqft
13 Feb 2018Sold by developerOff-plan
AED 1,878,000AED 1,212 per sqft

Source: Dubai Land Department. Updated 16 May 2025.

Key facts

Type
2-bed apartment
Size
1,548 sqft
Floor
9th of 20
Parking
B2-193
Developer
Wasl
Completed
2020
Last sold
AED 1.88M · February 2018

About 904, Park Gate Residences 3

904 is a two-bedroom apartment of 1,548 sqft on the 9th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 February 2018 for AED 1,878,000, or AED 1,212 per sqft, in line with the AED 1,208 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 16 May 2025, is AED 105,000 a year: a gross yield of 5.6% on the 2018 price.

Sales and rents for 904 over time

Sales
Unit 904, 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 1,878,000 (AED 1,212 per sqft)

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

Rents
Unit 904, 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, May 2021: AED 81,000 a yearRenewal, May 2022: AED 81,000 a yearRenewal, May 2023: AED 91,000 a yearRenewal, May 2024: AED 100,000 a yearRenewal, May 2025: AED 105,000 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 904 sits

All 124 2-beds →

904 last sold in February 2018 at AED 1,212 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,208). 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. 904's AED 105,000 is at the bottom 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 9th floor

All 165 units in Park Gate Residences 3
Value
9012-bedAED 3.2M · Nov 2024
9021-bedAED 1.55M · Sep 2018
9032-bedAED 2.52M · Nov 2021
9052-bedAED 2.1M · Mar 2022
9062-bedAED 2.6M · Sep 2024
9071-bedAED 1.53M · Apr 2022
9082-bedAED 2.02M · May 2021
1–7 of 9

904, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 13 February 2018 for AED 1,878,000, or AED 1,212 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 81,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 5.6%.
  • 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 16 May 2025.

Questions about 904, Park Gate Residences 3

What did unit 904 last sell for?

AED 1,878,000 on 13 February 2018, sold by the developer: AED 1,212 per sqft for 1,548 sqft. It is the only registered sale of the unit.

What is the rent for unit 904?

AED 105,000 a year on the contract renewed on 16 May 2025. The previous contract, from May 2024, was AED 100,000; the unit has been rented since May 2021.

How big is unit 904?

1,548 sqft (143.8 sqm): a two-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.

What is unit 904 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 904, Park Gate Residences 3

Starts from the last sale price (AED 1.88M, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,878,000
Deposit, UAE resident (20%)
AED 375,600
Deposit, non-resident (40%)
AED 751,200
Monthly over 25 years at 3.7%
AED 7,683

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