What is the rental yield in Park Gate Residences 3?

Park Gate Residences 3 returns 5.11% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 181 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Park Gate Residences 3 cost?

The median registered sale price is AED 2.95M (1,833 AED/sqft), from 18 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Park Gate Residences 3 selling for right now?

Registered sales of ready units in Park Gate Residences 3 over the last 12 months have a median of 1,920 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Park Gate Residences 3 risen or fallen?

Median price per square foot moved +19.3% over the last 12 months against the 12 before it, on 18 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Park Gate Residences 3 compare with Al Kifaf?

Its 5.11% gross yield sits -0.4 pts against the Al Kifaf median of 5.54%, computed at the same bedroom grain over the same 24-month window.

Park Gate Residences 3 — rental prices & yield

Buy: 2.95MAED; AED 1,920/sqft
Long-let: 155,000AED; AED 97/sqft · 5.11%
Short-let: 7.28%; AED 980/night · 0.61/sqft

Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread: -0.4 pts; vs the Al Kifaf median for this unit type
Turnover upside: +8.7%; new tenants pay more than sitting ones — 180 renewals
AED/yr/sqft: AED 97
Sales: 18
Rental contracts: 181
Renewal rent: AED 142,650/yr

12 months: +0.0%
3 years: +10.7%+3.4%/yr

Based on 18 sales and 181 rental contracts in the last 24 months. Rental data covers the whole Park Gate Residences project, not this tower alone.

Park Gate Residences 3 is an apartment building in Al Kifaf, Dubai, one of the towers in the Park Gate Residences development. The closest metro station is Al Jafiliya Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2018 to 2026, 460 registered sales in all — the 18 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Park Gate Residences 3, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
1 bed	AED 110,000	111	5.70% -0.3 pts	95
2 bed	AED 155,000	97	5.11% -0.4 pts	181

Deltas compare each yield with the Al Kifaf median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Park Gate Residences 3

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	538	0.54	AED 116,062	AED 110,000	1.1×	5.94%	7+
2 bed	980	0.61	AED 214,693	AED 155,000	1.4×	7.28%	3+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Park Gate Residences 3 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

12 resales in the last 12 months, against 16 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
22 Jul 2026	2 bed	1,631	AED 3,032,777	1,859
16 Jul 2026	2 bed	1,550	AED 2,975,000	1,920

2 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Al Jafiliya Metro Station
Mall: Dubai Mall
Landmark: Burj Khalifa

Compare with nearby buildings

The most-traded buildings in Park Gate Residences, on the same figures over the same window.

Common questions

What is the rental yield in Park Gate Residences 3?: Park Gate Residences 3 returns 5.11% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 181 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Park Gate Residences 3 cost?: The median registered sale price is AED 2.95M (1,833 AED/sqft), from 18 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Park Gate Residences 3 selling for right now?: Registered sales of ready units in Park Gate Residences 3 over the last 12 months have a median of 1,920 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Park Gate Residences 3 risen or fallen?: Median price per square foot moved +19.3% over the last 12 months against the 12 before it, on 18 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Park Gate Residences 3 compare with Al Kifaf?: Its 5.11% gross yield sits -0.4 pts against the Al Kifaf median of 5.54%, computed at the same bedroom grain over the same 24-month window.

Park Gate Residences 3