1207, Park Gate Residences 1
Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Park Gate Residences 1
What is 1207 worth today?
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Source: Dubai Land Department. Updated 27 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 12th of 27
- Parking
- B1-164
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.38M · February 2024
- Building
- Park Gate Residences 1
About 1207, Park Gate Residences 1
1207 is a one-bedroom apartment of 987 sqft on the 12th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 27 February 2024 for AED 1,377,777, or AED 1,395 per sqft, 19% below the AED 1,717 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1207 over time
1207 has sold twice; 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 1207 sits
All 44 1-beds →1207 last sold in February 2024 at AED 1,395 per sqft, 19% below what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,717). 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.
| 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 12th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,572 sqft | AED 2.43MAED 2,427,777 · Oct 2019October 2019 | 145,000 /yr | |
| 1202 | 1-bed | 994 sqft | AED 1.75MAED 1,750,000 · Aug 2025August 2025 | 120,000 /yr | |
| 1203 | 2-bed | 1,572 sqft | AED 2.48MAED 2,476,000 · Mar 2018March 2018 | 100,000 /yr | |
| 1204 | 2-bed | 1,554 sqft | AED 1.91MAED 1,910,000 · May 2018May 2018 | ||
| 1205 | 2-bed | 1,610 sqft | AED 2MAED 2,000,000 · Feb 2021February 2021 | ||
| 1206 | 2-bed | 1,635 sqft | AED 1.97MAED 1,970,000 · Jun 2022June 2022 | 140,000 /yr | |
| 1208 | 2-bed | 1,635 sqft | AED 2.97MAED 2,965,777 · Mar 2024March 2024 | 180,000 /yr | |
| 1209 | 2-bed | 1,609 sqft | AED 1.97MAED 1,972,000 · Jun 2018June 2018 | 155,000 /yr | |
| 1210 | 2-bed | 1,555 sqft | AED 2.09MAED 2,090,777 · Aug 2021August 2021 |
1207, Park Gate Residences 1 in numbers
- Sold twice: first on 21 February 2024 for AED 1,577,777, last on 27 February 2024 for AED 1,377,777 (AED 1,395 per sqft).
- 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 27 February 2024.
Questions about 1207, Park Gate Residences 1
What did unit 1207 last sell for?
AED 1,377,777 on 27 February 2024: AED 1,395 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,577,777 in February 2024.
How big is unit 1207?
987 sqft (91.7 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2020.
What is unit 1207 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 1207, Park Gate Residences 1
Starts from the last sale price (AED 1.38M, 27 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,377,777
- Deposit, UAE resident (20%)
- AED 275,555
- Deposit, non-resident (40%)
- AED 551,111
- Monthly over 25 years at 3.7%
- AED 5,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →