1407, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Park Gate Residences 3
What is 1407 worth today?
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Source: Dubai Land Department. Updated 20 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 14th of 20
- Parking
- CD1-019
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.46M · March 2018
- Building
- Park Gate Residences 3
About 1407, Park Gate Residences 3
1407 is a one-bedroom apartment of 987 sqft on the 14th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 1 March 2018 for AED 1,461,000, or AED 1,479 per sqft, in line with the AED 1,472 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 October 2026, is AED 90,000 a year: a gross yield of 6.2% on the 2018 price.
Sales and rents for 1407 over time
1407 has sold once; the dashed line is the one-bed median of each year in the building.
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 1407 sits
All 34 1-beds →1407 last sold in March 2018 at AED 1,479 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,472). 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. 1407's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 987 sqft | 1,980,000 | 2,005 | ||
| 22 Nov 202522 November 2025 | 987 sqft | 1,910,000 | 1,934 | ||
| 20 Oct 202520 October 2025 | 987 sqft | 1,930,000 | 1,954 | ||
| 13 Jun 202513 June 2025 | 994 sqft | 2,075,000 | 2,086 |
Park Gate Residences 3
Building165 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%
Other units on the 14th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,571 sqft | AED 2.53MAED 2,525,000 · Sep 2022September 2022 | ||
| 1402 | 1-bed | 994 sqft | AED 1.59MAED 1,585,000 · Sep 2020September 2020 | 107,000 /yr | |
| 1403 | 2-bed | 1,571 sqft | AED 2.65MAED 2,650,000 · Mar 2022March 2022 | ||
| 1404 | 2-bed | 1,548 sqft | AED 1.92MAED 1,924,000 · Feb 2018February 2018 | ||
| 1405 | 2-bed | 1,617 sqft | AED 1.99MAED 1,992,000 · Apr 2018April 2018 | 152,000 /yr | |
| 1406 | 2-bed | 1,631 sqft | AED 3.03MAED 3,032,777 · Jul 2026July 2026 | ||
| 1408 | 2-bed | 1,632 sqft | AED 2.07MAED 2,073,777 · Mar 2022March 2022 | 120,750 /yr | |
| 1409 | 2-bed | 1,616 sqft | AED 1.95MAED 1,952,000 · Mar 2018March 2018 | 150,000 /yr | |
| 1410 | 2-bed | 1,549 sqft | AED 2.06MAED 2,064,777 · Aug 2021August 2021 |
1407, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 1 March 2018 for AED 1,461,000, or AED 1,479 per sqft.
- Rented since August 2021 on 5 Ejari contracts, from AED 62,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2018 price is 6.2%.
- 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 20 October 2026.
Questions about 1407, Park Gate Residences 3
What did unit 1407 last sell for?
AED 1,461,000 on 1 March 2018, sold by the developer: AED 1,479 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 1407?
AED 90,000 a year on the contract signed on 20 October 2026. The previous contract, from September 2024, was AED 100,000; the unit has been rented since August 2021.
How big is unit 1407?
987 sqft (91.7 sqm): a one-bedroom apartment on the 14th floor of a 20-storey tower completed in 2020.
What is unit 1407 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 1407, Park Gate Residences 3
Starts from the last sale price (AED 1.46M, 1 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,461,000
- Deposit, UAE resident (20%)
- AED 292,200
- Deposit, non-resident (40%)
- AED 584,400
- Monthly over 25 years at 3.7%
- AED 5,977
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →