1307, Park Gate Residences 1
Sold prices and rental history: sold twice, last in March 2024, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1307, Park Gate Residences 1
What is 1307 worth today?
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Source: Dubai Land Department. Updated 8 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 13th of 27
- Parking
- B1-163
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.7M · March 2024
- Building
- Park Gate Residences 1
About 1307, Park Gate Residences 1
1307 is a one-bedroom apartment of 987 sqft on the 13th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 8 March 2024 for AED 1,700,000, or AED 1,722 per sqft, in line with the AED 1,722 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 September 2022. The current contract, signed on 25 September 2022, is AED 85,000 a year: a gross yield of 5.0% on the 2024 price.
Sales and rents for 1307 over time
1307 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 1307 sits
All 44 1-beds →1307 last sold in March 2024 at AED 1,722 per sqft, in line with what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,722). 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. 1307's AED 85,000 is at the bottom 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 13th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,572 sqft | AED 2.44MAED 2,438,777 · Oct 2019October 2019 | 165,000 /yr | |
| 1302 | 1-bed | 994 sqft | AED 1.69MAED 1,693,777 · Jul 2021July 2021 | ||
| 1303 | 2-bed | 1,572 sqft | AED 2.49MAED 2,487,000 · Dec 2018December 2018 | ||
| 1304 | 2-bed | 1,554 sqft | AED 1.95MAED 1,950,000 · Jun 2021June 2021 | 128,000 /yr | |
| 1305 | 2-bed | 1,529 sqft | AED 2.01MAED 2,009,000 · Mar 2018March 2018 | 155,000 /yr | |
| 1306 | 2-bed | 1,635 sqft | AED 2.04MAED 2,040,777 · Sep 2020September 2020 | ||
| 1308 | 2-bed | 1,635 sqft | AED 2.13MAED 2,127,777 · Aug 2022August 2022 | 140,000 /yr | |
| 1309 | 2-bed | 1,528 sqft | AED 2.15MAED 2,153,777 · Aug 2021August 2021 | ||
| 1310 | 2-bed | 1,555 sqft | AED 2.1MAED 2,099,777 · Aug 2021August 2021 |
1307, Park Gate Residences 1 in numbers
- Sold twice: first on 6 June 2022 for AED 1,602,777, last on 8 March 2024 for AED 1,700,000 (AED 1,722 per sqft).
- Rented since September 2022 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 5.0%.
- 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 8 March 2024.
Questions about 1307, Park Gate Residences 1
What did unit 1307 last sell for?
AED 1,700,000 on 8 March 2024: AED 1,722 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,602,777 in June 2022.
What is the rent for unit 1307?
AED 85,000 a year on the contract signed on 25 September 2022.
How big is unit 1307?
987 sqft (91.7 sqm): a one-bedroom apartment on the 13th floor of a 27-storey tower completed in 2020.
What is unit 1307 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 1307, Park Gate Residences 1
Starts from the last sale price (AED 1.7M, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →