1-bed · 987 sqftPark Gate Residences 3, Al Kifaf · 11th floor · completed 2020

1107, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 13 June 2022
Last soldAED 1.55M13 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Park Gate Residences 3

What is 1107 worth today?

Last sold for AED 1,548,777 in 2022

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13 Jun 2022Sold by developerReady
AED 1,548,777AED 1,568 per sqft

Source: Dubai Land Department. Updated 13 June 2022.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
11th of 20
Parking
B1-175
Developer
Wasl
Completed
2020
Last sold
AED 1.55M · June 2022

About 1107, Park Gate Residences 3

1107 is a one-bedroom apartment of 987 sqft on the 11th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 June 2022 for AED 1,548,777, or AED 1,568 per sqft, in line with the AED 1,580 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1107 over time

Sales
Unit 1107, each saleTypical one-bed in Park Gate Residences 3
1.6M1.8M2M20182020202220242026Typical sale price by year: 2018 AED 1,526,000; 2020 AED 1,543,000; 2022 AED 1,579,277; 2024 AED 1,700,000; 2025 AED 1,955,000Sold by developer, June 2022: AED 1,548,777 (AED 1,568 per sqft)

1107 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1107, each contractTypical one-bed in Park Gate Residences 3
60K80K100K2021202320252027Typical rent by year: 2021 AED 65,000; 2022 AED 75,000; 2023 AED 91,000; 2024 AED 100,000; 2025 AED 106,000; 2026 AED 94,500

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 3, and where 1107 sits

All 34 1-beds →

1107 last sold in June 2022 at AED 1,568 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,580). Over the last 12 months one-beds sold for AED 1,910,000 to 1,980,000, around AED 1,970 per sqft, and rent for AED 80,000 to 125,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 20251,980,000
22 Nov 20251,910,000
20 Oct 20251,930,000
13 Jun 20252,075,000
2 1-bed sales in the last 12 months

Park Gate Residences 3

Building

165 apartments, 1-bed to 5-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 8 sold in the last 12 months.

Typical price per sqft
AED 1,927
Typical sale
AED 2.96M
Typical rent
AED 141K /yr
Typical yield
4.9%
Park Gate Residences 3, Al Kifaf: prices, sales and rents →

Other units on the 11th floor

All 165 units in Park Gate Residences 3
Value
11012-bedAED 2.54M · Feb 2022
11021-bedAED 1.5M · May 2022
11032-bedAED 2.58M · Jun 2022
11042-bedAED 1.89M · Sep 2021
11052-bedAED 2.54M · Jun 2023
11062-bedAED 1.89M · Apr 2018
11082-bedAED 2.04M · Aug 2022
1–7 of 9

1107, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 13 June 2022 for AED 1,548,777, or AED 1,568 per sqft.
  • One-beds in Park Gate Residences 3 sold for AED 1,910,000–1,980,000 in the 12 months to November 2026; the building's median across all types is AED 1,927 per sqft.

Source: Dubai Land Department. Updated 13 June 2022.

Questions about 1107, Park Gate Residences 3

What did unit 1107 last sell for?

AED 1,548,777 on 13 June 2022, sold by the developer: AED 1,568 per sqft for 987 sqft. It is the only registered sale of the unit.

How big is unit 1107?

987 sqft (91.7 sqm): a one-bedroom apartment on the 11th floor of a 20-storey tower completed in 2020.

What is unit 1107 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 3 sold for AED 1,910,000 to 1,980,000 in the last 12 months, around AED 1,970 per sqft.

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Mortgage on 1107, Park Gate Residences 3

Starts from the last sale price (AED 1.55M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,548,777
Deposit, UAE resident (20%)
AED 309,755
Deposit, non-resident (40%)
AED 619,511
Monthly over 25 years at 3.7%
AED 6,337

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