905, Park Gate Residences 3
Sold prices and rental history: sold twice, last in March 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 905, Park Gate Residences 3
What is 905 worth today?
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Source: Dubai Land Department. Updated 25 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 9th of 20
- Parking
- B2-219
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 2.1M · March 2022
- Building
- Park Gate Residences 3
About 905, Park Gate Residences 3
905 is a two-bedroom apartment of 1,617 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 22 March 2022 for AED 2,100,000, or AED 1,298 per sqft, in line with the AED 1,327 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 25 June 2023, is AED 100,000 a year: a gross yield of 4.8% on the 2022 price.
Sales and rents for 905 over time
905 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 905 sits
All 124 2-beds →905 last sold in March 2022 at AED 1,298 per sqft, in line with what two-beds in Park Gate Residences 3 were fetching at the time (AED 1,327). 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. 905's AED 100,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,571 sqft | AED 3.2MAED 3,200,000 · Nov 2024November 2024 | 120,000 /yr | |
| 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 | |
| 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 |
905, Park Gate Residences 3 in numbers
- Sold twice: first on 27 September 2020 for AED 1,944,000, last on 22 March 2022 for AED 2,100,000 (AED 1,298 per sqft).
- Rented since June 2021 on 3 Ejari contracts, from AED 90,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 4.8%.
- 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 25 June 2023.
Questions about 905, Park Gate Residences 3
What did unit 905 last sell for?
AED 2,100,000 on 22 March 2022: AED 1,298 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,944,000 in September 2020.
What is the rent for unit 905?
AED 100,000 a year on the contract renewed on 25 June 2023. The previous contract, from June 2022, was AED 97,000; the unit has been rented since June 2021.
How big is unit 905?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.
What is unit 905 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 905, Park Gate Residences 3
Starts from the last sale price (AED 2.1M, 22 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →