5-bed · 4,494 sqftPark Gate Residences 3, Al Kifaf · 3rd floor · completed 2020

V1, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in March 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V1 · DLD and Ejari recordsUpdated 1 March 2018
Last soldAED 6.09M1 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V1, Park Gate Residences 3

What is V1 worth today?

Last sold for AED 6,090,000 in 2018

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1 Mar 2018Sold by developerOff-plan
AED 6,090,000AED 1,355 per sqft

Source: Dubai Land Department. Updated 1 March 2018.

Key facts

Type
5-bed apartment
Size
4,494 sqft
Floor
3rd of 20
Parking
CD3-001,CD3-002,CD3-003
Developer
Wasl
Completed
2020
Last sold
AED 6.09M · March 2018

About V1, Park Gate Residences 3

V1 is a five-bedroom apartment of 4,494 sqft on the 3rd floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 1 March 2018 for AED 6,090,000, or AED 1,355 per sqft.

No rental contract for the unit is registered on Ejari.

5-beds in Park Gate Residences 3, and where V1 sits

All 1 5-beds →
0 5-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 3rd floor

All 165 units in Park Gate Residences 3
Value
3011-bedAED 1.11M · Jul 2018
V24-bedAED 4.6M · Feb 2018
V34-bedAED 4.98M · Mar 2021
V44-bedAED 4.71M · May 2018
V54-bedAED 4.49M · Mar 2018
V63-bedAED 4.64M · Oct 2019

V1, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 1 March 2018 for AED 6,090,000, or AED 1,355 per sqft.

Source: Dubai Land Department. Updated 1 March 2018.

Questions about V1, Park Gate Residences 3

What did unit V1 last sell for?

AED 6,090,000 on 1 March 2018, sold by the developer: AED 1,355 per sqft for 4,494 sqft. It is the only registered sale of the unit.

How big is unit V1?

4,494 sqft (417.5 sqm): a five-bedroom apartment on the 3rd floor of a 20-storey tower completed in 2020.

What is unit V1 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V1, Park Gate Residences 3

Starts from the last sale price (AED 6.09M, 1 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 6,090,000
Deposit, UAE resident (20%)
AED 1,218,000
Deposit, non-resident (40%)
AED 2,436,000
Monthly over 25 years at 3.7%
AED 24,916

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