2607, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2607, Park Gate Residences 1
What is 2607 worth today?
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Source: Dubai Land Department. Updated 24 July 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,155 sqft
- Floor
- 26th of 27
- Parking
- B1-122, B1-123
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.27M · July 2022
- Building
- Park Gate Residences 1
About 2607, Park Gate Residences 1
2607 is a three-bedroom apartment of 2,155 sqft on the 26th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 24 July 2022 for AED 3,270,777, or AED 1,517 per sqft, in line with the AED 1,506 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2607 over time
2607 has sold once; 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 2607 sits
All 49 3-beds →2607 last sold in July 2022 at AED 1,517 per sqft, in line with what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,506). 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.
| 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 26th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 3-bed | 2,060 sqft | AED 3.63MAED 3,632,777 · Jul 2022July 2022 | 240,000 /yr | |
| 2602 | 1-bed | 995 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | ||
| 2603 | 3-bed | 2,060 sqft | AED 4MAED 4,000,000 · Jan 2024January 2024 | 160,000 /yr | |
| 2604 | 3-bed | 2,162 sqft | AED 3.22MAED 3,218,000 · Mar 2018March 2018 | ||
| 2605 | 3-bed | 2,155 sqft | AED 3.16MAED 3,162,777 · Sep 2021September 2021 | ||
| 2606 | 1-bed | 987 sqft | AED 1.66MAED 1,663,777 · Apr 2022April 2022 | ||
| 2608 | 3-bed | 2,163 sqft | AED 3.05MAED 3,050,000 · Feb 2022February 2022 | 155,000 /yr |
2607, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 24 July 2022 for AED 3,270,777, or AED 1,517 per sqft.
- 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 24 July 2022.
Questions about 2607, Park Gate Residences 1
What did unit 2607 last sell for?
AED 3,270,777 on 24 July 2022, sold by the developer: AED 1,517 per sqft for 2,155 sqft. It is the only registered sale of the unit.
How big is unit 2607?
2,155 sqft (200.2 sqm): a three-bedroom apartment on the 26th floor of a 27-storey tower completed in 2020.
What is unit 2607 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 2607, Park Gate Residences 1
Starts from the last sale price (AED 3.27M, 24 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,270,777
- Deposit, UAE resident (20%)
- AED 654,155
- Deposit, non-resident (40%)
- AED 1,308,311
- Monthly over 25 years at 3.7%
- AED 13,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →