1-bed · 987 sqftPark Gate Residences 3, Al Kifaf · 19th floor · completed 2020

1907, Park Gate Residences 3

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

Unit 1907 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.61M13 July 2022
Current rentAED 95K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1907, Park Gate Residences 3

What is 1907 worth today?

Last sold for AED 1,605,777 in 2022

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1 Sep 2024RentedRenewal
AED 95,000/yr12 months · AED 96 per sqft
1 Sep 2023RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
16 Jul 2022RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
13 Jul 2022Sold by developerReady
AED 1,605,777AED 1,626 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
19th of 20
Parking
CD3-044
Developer
Wasl
Completed
2020
Last sold
AED 1.61M · July 2022

About 1907, Park Gate Residences 3

1907 is a one-bedroom apartment of 987 sqft on the 19th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 July 2022 for AED 1,605,777, or AED 1,626 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 95,000 a year: a gross yield of 5.9% on the 2022 price.

Sales and rents for 1907 over time

Sales
Unit 1907, 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, July 2022: AED 1,605,777 (AED 1,626 per sqft)

1907 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1907, 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, July 2022: AED 85,000 a yearNew contract, September 2023: AED 90,000 a yearRenewal, September 2024: AED 95,000 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 1907 sits

All 34 1-beds →

1907 last sold in July 2022 at AED 1,626 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. 1907's AED 95,000 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 19th floor

All 165 units in Park Gate Residences 3
Value
19012-bedAED 3.2M · Sep 2025
19021-bedAED 1.62M · Oct 2019
19032-bedAED 3.1M · May 2025
19042-bedAED 2.11M · May 2021
19052-bedAED 2.04M · Feb 2018
19062-bedAED 2.12M · Jul 2022
19082-bedAED 2.12M · Apr 2022
1–7 of 9

1907, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 13 July 2022 for AED 1,605,777, or AED 1,626 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 5.9%.
  • 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 1 September 2024.

Questions about 1907, Park Gate Residences 3

What did unit 1907 last sell for?

AED 1,605,777 on 13 July 2022, sold by the developer: AED 1,626 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 1907?

AED 95,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 90,000; the unit has been rented since July 2022.

How big is unit 1907?

987 sqft (91.7 sqm): a one-bedroom apartment on the 19th floor of a 20-storey tower completed in 2020.

What is unit 1907 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 1907, Park Gate Residences 3

Starts from the last sale price (AED 1.61M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,605,777
Deposit, UAE resident (20%)
AED 321,155
Deposit, non-resident (40%)
AED 642,311
Monthly over 25 years at 3.7%
AED 6,570

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