What is the registered annual rent for a 2 bedroom in Park Gate Residences 3?

The median new annual rent is AED 151,000, from 104 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Park Gate Residences 3 risen or fallen?

The median new annual rent changed -4.4% in the trailing 12 months against the previous 12, using 104 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Park Gate Residences 3 pay more than sitting ones?

A new tenant pays +2.7% against a renewing one, across 81 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Park Gate Residences 3?

7 sales were registered with the Dubai Land Department in the last 12 months, alongside 104 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Park Gate Residences 3?

Al Jafiliya Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Ejari leases to 12 Oct 2026

Park Gate Residences 3 rents

157 new leases and 122 renewals in 12 months
Al Kifaf
near Al Jafiliya Metro Station

A two-bed here leases for about AED 151,000 a year, in line with the typical Al Kifaf two-bed. New tenants pay more than renewing ones, who pay AED 147,000.

2 bed · typical new lease

151,000AEDa year

AED 95/sqft · -4.4% on a year

A month, roughly: AED 12,583
Renewal: AED 147,000
vs Al Kifaf 2 bed: In line with the median
New leases, 12 months: 104

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Buying instead? Park Gate Residences 3 sale prices →

What should a lease in Park Gate Residences 3 cost?A two-bed leases for about AED 151,000 a year; new tenants pay 2.7% more than renewing ones

Type	New lease	vs Al Kifaf	Leases
1 bed	105,000106/sqft	105,00032 renewals	in linetypical 105,000	34
2 bedmost leased	151,00095/sqft	147,00081 renewals	in linetypical 151,000	104
3 bed	220,000102/sqft	197,5008 renewals	in linetypical 220,000	13
4+ bed	1,300,000182/sqft	—	—	6

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Al Kifaf median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 4.4% less than a year earlier: AED 151,000 against 158,000.

Median annual rent by year, 2 bed, with fainter bars resting on fewer contracts. Too few monthly records in Park Gate Residences 3 to draw an honest monthly line.

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

About Park Gate Residences 3An apartment building in Al Kifaf

Park Gate Residences 3 is an apartment building completed in 2020 by Park 1 in Al Kifaf. 279 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Master developer: Park 1

Nearest, as registered

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

Letting a unit in Park Gate Residences 3?New tenants pay more than renewing ones

New tenant vs renewal: +7.1%; New leases AED 150,000, renewals 140,000, all types

Ejari leases to 12 Oct 2026

Thinking of selling? Park Gate Residences 3 sale prices →

The Park Gate Residences towers

4 towers in Park Gate Residences, at the bedroom type above.

Park Gate Residences, every type →

Tower	Price	AED/sqft	Rent a year	Gross yield
Park Gate Residences 1	AED 3.01M4 sales	1,891	AED 151,000project pool	5.0%
Park Gate Residences 2	AED 2.95M9 sales	1,856	AED 151,000project pool	5.1%
Park Gate Residences 3 · this building	AED 3.00M7 sales	1,920	AED 151,000project pool	5.0%
Park Gate Residences 4	AED 2.80M11 sales	1,800	AED 151,000project pool	5.4%

Ejari files Park Gate Residences’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Al Kifaf: every development at this type

Development	Rent a year	Price	AED/sqft	Gross yield
1 Residences2 towers · rent filed for the project	AED 150,00095 contracts	AED 2.80M28 sales	2,007	5.4%
Avenue Park Towers2 towers	—none	AED 2.67M72 sales	2,258	—
Park Gate Residences · this development4 towers · rent filed for the project	AED 151,000104 contracts	AED 2.98M31 sales	1,856	5.1%
All of Al Kifafevery building, in a project or not	AED 150,000199 contracts	AED 2.70M188 sales	2,136	5.6%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.

Market context in Al Kifaf

Registered sales activity

105 ready apartment sales in the 12 months to 2026-10-12.

-4.8% in median AED/sqft versus the preceding year, supported by 105 current and 171 prior price observations.

Explore sales activity

Planned apartment projects

461 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 1 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,047 apartments are planned in Al Kifaf from 2026 to 2028, equal to 168% of the 624 homes let there today.

How these are counted

Find service-charge budget evidence for Park Gate Residences 3

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Al Kifaf

Every building in Al Kifaf →

Prices per sq ft around Park Gate Residences 3, on the map

Pills show median annual rent, AED. 2 buildings pinned from Google place records and Apple geocoding · Park Gate Residences 3 is the inverted pinOpen in Apple Maps

Park Gate Residences 4

Al Kifaf · 157 contracts, 12 months

150,000

AED a year median · 96/sqft

Park Gate Residences 1

Al Kifaf · 157 contracts, 12 months

150,000

AED a year median · 96/sqft

Park Gate Residences 2

Al Kifaf · 157 contracts, 12 months

150,000

AED a year median · 96/sqft

1 Residences - 1

Al Kifaf · 225 contracts, 12 months

120,000

AED a year median · 110/sqft

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Common questions

What is the registered annual rent for a 2 bedroom in Park Gate Residences 3?: The median new annual rent is AED 151,000, from 104 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Park Gate Residences 3 risen or fallen?: The median new annual rent changed -4.4% in the trailing 12 months against the previous 12, using 104 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Park Gate Residences 3 pay more than sitting ones?: A new tenant pays +2.7% against a renewing one, across 81 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Park Gate Residences 3?: 7 sales were registered with the Dubai Land Department in the last 12 months, alongside 104 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Park Gate Residences 3?: Al Jafiliya Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Park Gate Residences 3 rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 104 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts
Canonical record: /rent/apartments/dubai/al-kifaf/park-gate-residences-3
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Park Gate Residences 3 rents and yield.” Al Kifaf, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/al-kifaf/park-gate-residences-3

Stable dataJSON

Park Gate Residences 3 rents

What should a lease in Park Gate Residences 3 cost?A two-bed leases for about AED 151,000 a year; new tenants pay 2.7% more than renewing ones

Rent history and contracts

About Park Gate Residences 3An apartment building in Al Kifaf

The building, as registered

Nearest, as registered

Letting a unit in Park Gate Residences 3?New tenants pay more than renewing ones

The Park Gate Residences towers

Registered sales activity

Planned apartment projects

Supply against leasing, and same-building moves

More from Park 1

1 Residences - 1

1 Residences - 2

Park Gate Residences 1

Park Gate Residences 2

Nearby in Al Kifaf

Park Gate Residences 4

Park Gate Residences 1

Park Gate Residences 2

1 Residences - 1

Ask about Park Gate Residences 3

Common questions

Park Gate Residences 3 rental record