1-bed · 994 sqftPark Gate Residences 1, Al Kifaf · 13th floor · completed 2020

1302, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in July 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 29 July 2021
Last soldAED 1.69M29 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Park Gate Residences 1

What is 1302 worth today?

Last sold for AED 1,693,777 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Jul 2021Sold by developerReady
AED 1,693,777AED 1,703 per sqft

Source: Dubai Land Department. Updated 29 July 2021.

Key facts

Type
1-bed apartment
Size
994 sqft
Floor
13th of 27
Parking
B1-108
Developer
Wasl
Completed
2020
Last sold
AED 1.69M · July 2021

About 1302, Park Gate Residences 1

1302 is a one-bedroom apartment of 994 sqft on the 13th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 29 July 2021 for AED 1,693,777, or AED 1,703 per sqft, in line with the AED 1,703 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical one-bed in Park Gate Residences 1
1.6M1.8M2M20182020202220242026Typical sale price by year: 2018 AED 1,575,500; 2020 AED 1,616,389; 2021 AED 1,697,277; 2022 AED 1,635,777; 2023 AED 1,791,777; 2024 AED 1,638,889; 2025 AED 2,000,000Sold by developer, July 2021: AED 1,693,777 (AED 1,703 per sqft)

1302 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1302, each contractTypical one-bed in Park Gate Residences 1
60K80K100K2021202320252027Typical rent by year: 2021 AED 66,000; 2022 AED 75,500; 2023 AED 92,500; 2024 AED 101,000; 2025 AED 105,000; 2026 AED 105,000

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 1302 sits

All 44 1-beds →

1302 last sold in July 2021 at AED 1,703 per sqft, in line with what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,703). 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 salesUnit no.Price (AED)Summary
26 Oct 20261,950,000
15 Dec 20252,000,000
11 Aug 20251,750,000
19 Jun 20252,274,670
2 1-bed sales in the last 12 months

Park Gate Residences 1

Building

204 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%
Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 13th floor

All 204 units in Park Gate Residences 1
Value
13012-bedAED 2.44M · Oct 2019
13032-bedAED 2.49M · Dec 2018
13042-bedAED 1.95M · Jun 2021
13052-bedAED 2.01M · Mar 2018
13062-bedAED 2.04M · Sep 2020
13071-bedAED 1.7M · Mar 2024
13082-bedAED 2.13M · Aug 2022
1–7 of 9

1302, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 29 July 2021 for AED 1,693,777, or AED 1,703 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 29 July 2021.

Questions about 1302, Park Gate Residences 1

What did unit 1302 last sell for?

AED 1,693,777 on 29 July 2021, sold by the developer: AED 1,703 per sqft for 994 sqft. It is the only registered sale of the unit.

How big is unit 1302?

994 sqft (92.3 sqm): a one-bedroom apartment on the 13th floor of a 27-storey tower completed in 2020.

What is unit 1302 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.

Selling 1302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1302, Park Gate Residences 1

Starts from the last sale price (AED 1.69M, 29 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,693,777
Deposit, UAE resident (20%)
AED 338,755
Deposit, non-resident (40%)
AED 677,511
Monthly over 25 years at 3.7%
AED 6,930

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →