
1901, Park Gate Residences 1
Sold prices and rental history: sold twice, last in July 2024, and rented once, from February 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1901, Park Gate Residences 1
What is 1901 worth today?
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Source: Dubai Land Department. Updated 18 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,967 sqft
- Floor
- 19th of 27
- Parking
- B1-195, B1-196
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 4.25M · July 2024
- Building
- Park Gate Residences 1
About 1901, Park Gate Residences 1
1901 is a three-bedroom apartment of 1,967 sqft on the 19th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 18 July 2024 for AED 4,250,000, or AED 2,160 per sqft, 3% above the AED 2,087 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 February 2024. The current contract, signed on 12 February 2024, is AED 320,000 a year: a gross yield of 7.5% on the 2024 price.
Sales and rents for 1901 over time
1901 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Park Gate Residences 1, and where 1901 sits
All 49 3-beds →1901 last sold in July 2024 at AED 2,160 per sqft, 3% above what three-beds in Park Gate Residences 1 were fetching at the time (AED 2,087). Over the last 12 months three-beds sold for AED 4,100,000 to 4,329,777, around AED 1,949 per sqft, and rent for AED 190,000 to 255,000 a year. 1901's AED 320,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 2,163 sqft | 4,100,000 | 1,895 | ||
| 11 Aug 202611 August 2026 | 2,163 sqft | 4,329,777 | 2,002 | ||
| 4 Jun 20254 June 2025 | 2,163 sqft | 4,000,000 | 1,849 | ||
| 21 Jan 202521 January 2025 | 2,155 sqft | 4,200,000 | 1,948 |
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 19th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1902 | 1-bed | 995 sqft | AED 1.65MAED 1,650,000 · May 2018May 2018 | 110,000 /yr | |
| 1903 | 3-bed | 2,060 sqft | AED 3.41MAED 3,411,000 · Sep 2019September 2019 | ||
| 1904 | 3-bed | 2,162 sqft | AED 3.12MAED 3,118,000 · Mar 2018March 2018 | 80,000 /yr | |
| 1905 | 3-bed | 2,074 sqft | AED 2.97MAED 2,970,777 · May 2020May 2020 | ||
| 1906 | 1-bed | 987 sqft | AED 1.63MAED 1,628,777 · May 2022May 2022 | 105,000 /yr | |
| 1907 | 3-bed | 1,997 sqft | AED 3.17MAED 3,174,777 · Mar 2022March 2022 | 178,500 /yr | |
| 1908 | 3-bed | 2,163 sqft | AED 3.12MAED 3,123,000 · Sep 2019September 2019 | 200,000 /yr |
1901, Park Gate Residences 1 in numbers
- Sold twice: first on 5 December 2021 for AED 3,567,777, last on 18 July 2024 for AED 4,250,000 (AED 2,160 per sqft).
- Rented since February 2024 on one Ejari contract, at AED 320,000 a year.
- At AED 320,000 a year the gross yield on the 2024 price is 7.5%.
- Three-beds in Park Gate Residences 1 sold for AED 4,100,000–4,329,777 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 18 July 2024.
Questions about 1901, Park Gate Residences 1
What did unit 1901 last sell for?
AED 4,250,000 on 18 July 2024: AED 2,160 per sqft for 1,967 sqft. The unit has 2 registered sales; the first was AED 3,567,777 in December 2021.
What is the rent for unit 1901?
AED 320,000 a year on the contract signed on 12 February 2024.
How big is unit 1901?
1,967 sqft (182.7 sqm): a three-bedroom apartment on the 19th floor of a 27-storey tower completed in 2020.
What is unit 1901 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Gate Residences 1 sold for AED 4,100,000 to 4,329,777 in the last 12 months, around AED 1,949 per sqft.
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Mortgage on 1901, Park Gate Residences 1
Starts from the last sale price (AED 4.25M, 18 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →