2007, Park Gate Residences 1
Sold prices and rental history: sold 3 times, last in January 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2007, Park Gate Residences 1
What is 2007 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,155 sqft
- Floor
- 20th of 27
- Parking
- AB2-074, AB2-075
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 4.2M · January 2025
- Building
- Park Gate Residences 1
About 2007, Park Gate Residences 1
2007 is a three-bedroom apartment of 2,155 sqft on the 20th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 21 January 2025 for AED 4,200,000, or AED 1,948 per sqft, 7% below the AED 2,087 three-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 15 May 2025, is AED 210,000 a year: a gross yield of 5.0% on the 2025 price.
Sales and rents for 2007 over time
2007 has sold 3 times; 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 2007 sits
All 49 3-beds →2007 last sold in January 2025 at AED 1,948 per sqft, 7% below 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. 2007's AED 210,000 is in the lower half 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 | ||
| 18 Jul 202418 July 2024 | 1,967 sqft | 4,250,000 | 2,160 |
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 20th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 3-bed | 2,060 sqft | AED 3.56MAED 3,561,777 · Jul 2022July 2022 | ||
| 2002 | 1-bed | 995 sqft | AED 2.03MAED 2,025,000 · Apr 2025April 2025 | 77,000 /yr | |
| 2003 | 3-bed | 2,060 sqft | AED 4.3MAED 4,300,000 · Feb 2024February 2024 | ||
| 2004 | 3-bed | 2,162 sqft | AED 3.85MAED 3,850,000 · Apr 2023April 2023 | 220,000 /yr | |
| 2005 | 3-bed | 2,155 sqft | AED 3.65MAED 3,650,000 · Jun 2023June 2023 | 140,000 /yr | |
| 2006 | 1-bed | 987 sqft | AED 2MAED 2,000,000 · Oct 2023October 2023 | ||
| 2008 | 3-bed | 2,163 sqft | AED 3.14MAED 3,137,000 · Sep 2019September 2019 |
2007, Park Gate Residences 1 in numbers
- Sold 3 times: first on 20 July 2022 for AED 3,246,777, last on 21 January 2025 for AED 4,200,000 (AED 1,948 per sqft).
- Rented since August 2023 on 3 Ejari contracts, from AED 200,000 to AED 210,000 a year.
- At AED 210,000 a year the gross yield on the 2025 price is 5.0%.
- 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 15 May 2025.
Questions about 2007, Park Gate Residences 1
What did unit 2007 last sell for?
AED 4,200,000 on 21 January 2025: AED 1,948 per sqft for 2,155 sqft. The unit has 3 registered sales; the first was AED 3,246,777 in July 2022.
What is the rent for unit 2007?
AED 210,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 210,000; the unit has been rented since August 2023.
How big is unit 2007?
2,155 sqft (200.2 sqm): a three-bedroom apartment on the 20th floor of a 27-storey tower completed in 2020.
What is unit 2007 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 2007, Park Gate Residences 1
Starts from the last sale price (AED 4.2M, 21 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,200,000
- Deposit, UAE resident (20%)
- AED 840,000
- Deposit, non-resident (40%)
- AED 1,680,000
- Monthly over 25 years at 3.7%
- AED 17,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →