1707, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1707, Park Gate Residences 1
What is 1707 worth today?
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Source: Dubai Land Department. Updated 1 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 17th of 27
- Parking
- AB2-101
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.79M · October 2023
- Building
- Park Gate Residences 1
About 1707, Park Gate Residences 1
1707 is a one-bedroom apartment of 987 sqft on the 17th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 6 October 2023 for AED 1,791,777, or AED 1,815 per sqft, in line with the AED 1,764 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2023. The current contract, signed on 1 November 2023, is AED 105,000 a year: a gross yield of 5.9% on the 2023 price.
Sales and rents for 1707 over time
1707 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 1707 sits
All 44 1-beds →1707 last sold in October 2023 at AED 1,815 per sqft, in line with what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,764). 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. 1707's AED 105,000 is in the upper 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 17th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,572 sqft | AED 2.53MAED 2,530,000 · Dec 2018December 2018 | ||
| 1702 | 1-bed | 994 sqft | AED 1.6MAED 1,600,000 · Feb 2022February 2022 | ||
| 1703 | 2-bed | 1,572 sqft | AED 2.53MAED 2,530,000 · Sep 2019September 2019 | 147,000 /yr | |
| 1704 | 2-bed | 1,554 sqft | AED 1.97MAED 1,974,000 · Mar 2018March 2018 | ||
| 1705 | 2-bed | 1,611 sqft | AED 3.01MAED 3,010,000 · Feb 2025February 2025 | ||
| 1706 | 2-bed | 1,634 sqft | AED 2.04MAED 2,038,000 · Jan 2019January 2019 | ||
| 1708 | 2-bed | 1,634 sqft | AED 2.19MAED 2,187,777 · May 2022May 2022 | ||
| 1709 | 2-bed | 1,610 sqft | AED 2.14MAED 2,144,777 · Jul 2020July 2020 | ||
| 1710 | 2-bed | 1,555 sqft | AED 2.89MAED 2,885,000 · Apr 2025April 2025 | 160,000 /yr |
1707, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 6 October 2023 for AED 1,791,777, or AED 1,815 per sqft.
- Rented since November 2023 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 5.9%.
- 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 1 November 2023.
Questions about 1707, Park Gate Residences 1
What did unit 1707 last sell for?
AED 1,791,777 on 6 October 2023, 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 1707?
AED 105,000 a year on the contract signed on 1 November 2023.
How big is unit 1707?
987 sqft (91.7 sqm): a one-bedroom apartment on the 17th floor of a 27-storey tower completed in 2020.
What is unit 1707 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 1707, Park Gate Residences 1
Starts from the last sale price (AED 1.79M, 6 October 2023). 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 →