Park Gate Residences 3

1. Does it pay a good rent?5.0% gross, before the service charge (not on file) (Dubai median 6.8%)5.0%Watch
2. Are rents going up?New 2 bed leases: AED 158,000 a year ago, AED 151,000 now (pooled across the project)-4.4%
3. Are prices going up?2 bed: AED 1,939/sqft a year ago, 1,920 now-1.0%Fair
4. How fast do fees pay back?AED 187,200 in fees to buy a 2 bed; rent covers it in 1.2 years1.2 yrs
5. Can I sell easily?10 sales in 12 months (7 the year before)10
6. Is a lot being built nearby?1,047 apartments are planned in Al Kifaf from 2026 to 2028, equal to 168% of the 624 homes let there today. Al Kifaf supply by year →168%Watch
7. Did earlier buyers gain?Up 46% for buyers 5 years ago; up 56% for launch buyers, before fees+46.5%Context

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

At 2 bed, Park Gate Residences 3 has registered sale prices 3% below the Al Kifaf median price per square foot of 1,989 AED, across 11 eligible buildings. It ranks 7th of 11 by price per square foot in Al Kifaf.

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.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  7 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  104 new and 81 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  Park Gate Residences: recorded complete 2020-10-15 · register data to 2026-07-06
  On record
• Developer
  Park 1 · delivery record
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Park Gate Residences 3?

Park Gate Residences 3 returns 5.0% gross: a median new-contract rent of AED 151,000 a year (104 Ejari contracts in 12 months) over a price benchmark of AED 3.00M (median of 7 sales in the last 12 months, latest Jul 2026), before service charge, agency fees or vacant months.

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

The median registered sale price is AED 3.00M (1,920 AED/sqft), from 7 Dubai Land Department sales in the last 12 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 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in Park Gate Residences 3 risen or fallen?

Median price per square foot moved -1.0% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Park Gate Residences 3 compare with Al Kifaf?

Its 5.0% gross yield sits -0.2 pts against the Al Kifaf median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.