1-bed · 987 sqftPark Gate Residences 3, Al Kifaf · 7th floor · completed 2020

707, Park Gate Residences 3

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 5 August 2025
Last soldAED 1.41M13 February 2018
Current rentAED 100K /yr5 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Park Gate Residences 3

What is 707 worth today?

Last sold for AED 1,414,000 in 2018

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5 Aug 2025RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
5 Aug 2025RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
1 Jul 2024RentedRenewal
AED 95,000/yr12 months · AED 96 per sqft
1 Jul 2023RentedRenewal
AED 85,000/yr12 months · AED 86 per sqft
1 Jul 2022RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
1 Aug 2021RentedNew contract
AED 62,000/yr12 months · AED 63 per sqft
13 Feb 2018Sold by developerOff-plan
AED 1,414,000AED 1,432 per sqft

Source: Dubai Land Department. Updated 5 August 2025.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
7th of 20
Parking
B2-201
Developer
Wasl
Completed
2020
Last sold
AED 1.41M · February 2018

About 707, Park Gate Residences 3

707 is a one-bedroom apartment of 987 sqft on the 7th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 February 2018 for AED 1,414,000, or AED 1,432 per sqft, in line with the AED 1,438 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 5 August 2025, is AED 100,000 a year: a gross yield of 7.1% on the 2018 price.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Park Gate Residences 3
1.5M1.75M2M20182020202220242026Typical 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, February 2018: AED 1,414,000 (AED 1,432 per sqft)

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

Rents
Unit 707, 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, August 2021: AED 62,000 a yearNew contract, July 2022: AED 75,000 a yearRenewal, July 2023: AED 85,000 a yearRenewal, July 2024: AED 95,000 a yearNew contract, August 2025: AED 100,000 a yearNew contract, August 2025: AED 100,000 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 707 sits

All 34 1-beds →

707 last sold in February 2018 at AED 1,432 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,438). 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. 707's AED 100,000 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 7th floor

All 165 units in Park Gate Residences 3
Value
7012-bedAED 2.5M · Mar 2022
7021-bedAED 1.54M · Mar 2018
7032-bedAED 2.66M · Sep 2023
7042-bedAED 2.98M · Jul 2026
7052-bedAED 1.93M · Apr 2018
7062-bedAED 2.95M · May 2026
7082-bedAED 1.87M · Mar 2018
1–7 of 9

707, Park Gate Residences 3 in numbers

  • Sold once: by Wasl on 13 February 2018 for AED 1,414,000, or AED 1,432 per sqft.
  • Rented since August 2021 on 6 Ejari contracts, from AED 62,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 7.1%.
  • 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 5 August 2025.

Questions about 707, Park Gate Residences 3

What did unit 707 last sell for?

AED 1,414,000 on 13 February 2018, sold by the developer: AED 1,432 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 100,000 a year on the contract signed on 5 August 2025. The previous contract, from August 2025, was AED 100,000; the unit has been rented since August 2021.

How big is unit 707?

987 sqft (91.7 sqm): a one-bedroom apartment on the 7th floor of a 20-storey tower completed in 2020.

What is unit 707 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 707, Park Gate Residences 3

Starts from the last sale price (AED 1.41M, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,414,000
Deposit, UAE resident (20%)
AED 282,800
Deposit, non-resident (40%)
AED 565,600
Monthly over 25 years at 3.7%
AED 5,785

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