1-bed · 987 sqftPark Gate Residences 3, Al Kifaf · 13th floor · completed 2020

1307, Park Gate Residences 3

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

Unit 1307 · DLD and Ejari recordsUpdated 11 May 2026
Last soldAED 1.56M26 April 2022
Current rentAED 85K /yr11 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Park Gate Residences 3

What is 1307 worth today?

Last sold for AED 1,564,777 in 2022

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11 May 2026RentedRenewal
AED 85,000/yr12 months · AED 86 per sqft
11 May 2025RentedRenewal
AED 100,000/yr12 months · AED 101 per sqft
11 May 2025RentedRenewal
AED 100,000/yr12 months · AED 101 per sqft
11 May 2024RentedRenewal
AED 95,000/yr12 months · AED 96 per sqft
11 May 2023RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
10 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
26 Apr 2022Sold by developerReady
AED 1,564,777AED 1,584 per sqft

Source: Dubai Land Department. Updated 11 May 2026.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
13th of 20
Parking
CD1-016
Developer
Wasl
Completed
2020
Last sold
AED 1.56M · April 2022

About 1307, Park Gate Residences 3

1307 is a one-bedroom apartment of 987 sqft on the 13th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 26 April 2022 for AED 1,564,777, or AED 1,584 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 11 May 2026, is AED 85,000 a year: a gross yield of 5.4% on the 2022 price.

Sales and rents for 1307 over time

Sales
Unit 1307, 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, April 2022: AED 1,564,777 (AED 1,584 per sqft)

1307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1307, 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 94,500New contract, September 2022: AED 80,000 a yearNew contract, May 2023: AED 95,000 a yearRenewal, May 2024: AED 95,000 a yearRenewal, May 2025: AED 100,000 a yearRenewal, May 2025: AED 100,000 a yearRenewal, May 2026: AED 85,000 a year

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 1307 sits

All 34 1-beds →

1307 last sold in April 2022 at AED 1,584 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,599). 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. 1307's AED 85,000 is in the lower half of that range.

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 13th floor

All 165 units in Park Gate Residences 3
Value
13012-bedAED 3M · Oct 2025
13021-bedAED 1.62M · Sep 2023
13032-bedAED 2.56M · Sep 2021
13042-bedAED 2.02M · Feb 2022
13052-bedAED 1.98M · Jul 2021
13062-bedAED 2.06M · Jan 2022
13082-bedAED 2.05M · Feb 2022
1–7 of 9

1307, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 26 April 2022 for AED 1,564,777, or AED 1,584 per sqft.
  • Rented since September 2022 on 6 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 5.4%.
  • 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 11 May 2026.

Questions about 1307, Park Gate Residences 3

What did unit 1307 last sell for?

AED 1,564,777 on 26 April 2022, sold by the developer: AED 1,584 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 1307?

AED 85,000 a year on the contract renewed on 11 May 2026. The previous contract, from May 2025, was AED 100,000; the unit has been rented since September 2022.

How big is unit 1307?

987 sqft (91.7 sqm): a one-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.

What is unit 1307 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 1307, Park Gate Residences 3

Starts from the last sale price (AED 1.56M, 26 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,564,777
Deposit, UAE resident (20%)
AED 312,955
Deposit, non-resident (40%)
AED 625,911
Monthly over 25 years at 3.7%
AED 6,402

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