1007, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in August 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Park Gate Residences 1
What is 1007 worth today?
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Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 10th of 27
- Parking
- B2-005
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.79M · August 2024
- Building
- Park Gate Residences 1
About 1007, Park Gate Residences 1
1007 is a one-bedroom apartment of 987 sqft on the 10th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 28 August 2024 for AED 1,791,777, or AED 1,815 per sqft, 4% above the AED 1,747 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 97,000 a year: a gross yield of 5.4% on the 2024 price.
Sales and rents for 1007 over time
1007 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Gate Residences 1, and where 1007 sits
All 44 1-beds →1007 last sold in August 2024 at AED 1,815 per sqft, 4% above what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,747). Over the last 12 months one-beds sold for AED 1,950,000 to 2,000,000, around AED 1,993 per sqft, and rent for AED 85,000 to 125,000 a year. 1007's AED 97,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 994 sqft | 1,950,000 | 1,960 | ||
| 15 Dec 202515 December 2025 | 987 sqft | 2,000,000 | 2,025 | ||
| 11 Aug 202511 August 2025 | 994 sqft | 1,750,000 | 1,759 | ||
| 19 Jun 202519 June 2025 | 987 sqft | 2,274,670 | 2,303 |
Park Gate Residences 1
Building204 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 8 sold in the last 12 months.
- Typical price per sqft
- AED 1,953
- Typical sale
- AED 3.01M
- Typical rent
- AED 155K /yr
- Typical yield
- 5.1%
Other units on the 10th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,571 sqft | AED 2.46MAED 2,455,000 · Apr 2018April 2018 | 160,000 /yr | |
| 1002 | 1-bed | 994 sqft | AED 1.59MAED 1,588,000 · Jun 2018June 2018 | ||
| 1003 | 2-bed | 1,571 sqft | AED 2.6MAED 2,600,000 · Sep 2023September 2023 | ||
| 1004 | 2-bed | 1,553 sqft | AED 1.89MAED 1,892,000 · Mar 2018March 2018 | ||
| 1005 | 2-bed | 1,610 sqft | AED 1.99MAED 1,993,000 · Mar 2018March 2018 | 155,000 /yr | |
| 1006 | 2-bed | 1,633 sqft | AED 2.07MAED 2,074,777 · May 2021May 2021 | ||
| 1008 | 2-bed | 1,634 sqft | AED 2.12MAED 2,117,777 · May 2022May 2022 | 155,000 /yr | |
| 1009 | 2-bed | 1,609 sqft | AED 2.03MAED 2,025,000 · Apr 2021April 2021 | ||
| 1010 | 2-bed | 1,554 sqft | AED 2.07MAED 2,071,777 · Jun 2021June 2021 |
1007, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 28 August 2024 for AED 1,791,777, or AED 1,815 per sqft.
- Rented since December 2024 on 2 Ejari contracts, at AED 97,000 a year.
- At AED 97,000 a year the gross yield on the 2024 price is 5.4%.
- One-beds in Park Gate Residences 1 sold for AED 1,950,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,953 per sqft.
Source: Dubai Land Department. Updated 20 December 2025.
Questions about 1007, Park Gate Residences 1
What did unit 1007 last sell for?
AED 1,791,777 on 28 August 2024, sold by the developer: AED 1,815 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 97,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 97,000.
How big is unit 1007?
987 sqft (91.7 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2020.
What is unit 1007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Gate Residences 1 sold for AED 1,950,000 to 2,000,000 in the last 12 months, around AED 1,993 per sqft.
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Mortgage on 1007, Park Gate Residences 1
Starts from the last sale price (AED 1.79M, 28 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,791,777
- Deposit, UAE resident (20%)
- AED 358,355
- Deposit, non-resident (40%)
- AED 716,711
- Monthly over 25 years at 3.7%
- AED 7,331
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →