3-bed · 2,155 sqftPark Gate Residences 1, Al Kifaf · 21st floor · completed 2020

2107, Park Gate Residences 1

Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2107 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 3.2M20 July 2022
Current rentAED 170K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2107, Park Gate Residences 1

What is 2107 worth today?

Last sold for AED 3,198,777 in 2022

Unlock today's estimate, updated daily, with

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

1 Jan 2023RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
20 Jul 2022Sold by developerReady
AED 3,198,777AED 1,484 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
3-bed apartment
Size
2,155 sqft
Floor
21st of 27
Parking
AB3-040, AB3-041
Developer
Wasl
Completed
2020
Last sold
AED 3.2M · July 2022

About 2107, Park Gate Residences 1

2107 is a three-bedroom apartment of 2,155 sqft on the 21st floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 20 July 2022 for AED 3,198,777, or AED 1,484 per sqft, in line with the AED 1,505 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2023. The current contract, signed on 1 January 2023, is AED 170,000 a year: a gross yield of 5.3% on the 2022 price.

Sales and rents for 2107 over time

Sales
Unit 2107, each saleTypical three-bed in Park Gate Residences 1
3M4M2018202020222024Typical sale price by year: 2018 AED 3,161,000; 2019 AED 3,173,000; 2020 AED 3,470,777; 2021 AED 3,162,777; 2022 AED 3,243,777; 2023 AED 3,700,000; 2024 AED 4,275,000Sold by developer, July 2022: AED 3,198,777 (AED 1,484 per sqft)

2107 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2107, each contractTypical three-bed in Park Gate Residences 1
150K200K2021202320252027Typical rent by year: 2021 AED 135,000; 2022 AED 165,000; 2023 AED 170,000; 2024 AED 188,500; 2025 AED 185,000; 2026 AED 219,410New contract, January 2023: AED 170,000 a year

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 2107 sits

All 49 3-beds →

2107 last sold in July 2022 at AED 1,484 per sqft, in line with what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,505). 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. 2107's AED 170,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,100,000
11 Aug 20264,329,777
4 Jun 20254,000,000
21 Jan 20254,200,000
2 3-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 21st floor

All 204 units in Park Gate Residences 1
Value
21013-bedAED 3.62M · Jun 2021
21021-bedAED 1.99M · Aug 2023
21033-bedAED 3.6M · May 2021
21043-bedAED 2.95M · Mar 2021
21053-bedAED 3.08M · Jan 2022
21061-bedAED 2M · Dec 2025
21083-bedAED 2.94M · Sep 2019

2107, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 20 July 2022 for AED 3,198,777, or AED 1,484 per sqft.
  • Rented since January 2023 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 5.3%.
  • 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 1 January 2023.

Questions about 2107, Park Gate Residences 1

What did unit 2107 last sell for?

AED 3,198,777 on 20 July 2022, sold by the developer: AED 1,484 per sqft for 2,155 sqft. It is the only registered sale of the unit.

What is the rent for unit 2107?

AED 170,000 a year on the contract signed on 1 January 2023.

How big is unit 2107?

2,155 sqft (200.2 sqm): a three-bedroom apartment on the 21st floor of a 27-storey tower completed in 2020.

What is unit 2107 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.

Selling 2107? 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 2107, Park Gate Residences 1

Starts from the last sale price (AED 3.2M, 20 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,198,777
Deposit, UAE resident (20%)
AED 639,755
Deposit, non-resident (40%)
AED 1,279,511
Monthly over 25 years at 3.7%
AED 13,087

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