1-bed · 987 sqftPark Gate Residences 3, Al Kifaf · 8th floor · completed 2020

807, Park Gate Residences 3

Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 1.43M6 September 2023
Current rentAED 107K /yr12 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Park Gate Residences 3

What is 807 worth today?

Last sold for AED 1,427,059 in 2023

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12 Oct 2023RentedNew contract
AED 107,000/yr12 months · AED 108 per sqft
6 Sep 2023SoldReady
AED 1,427,059AED 1,445 per sqft
20 Oct 2021RentedNew contract
AED 58,000/yr12 months · AED 59 per sqft
13 Feb 2018Sold by developerOff-plan
AED 1,420,000AED 1,438 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
8th of 20
Parking
B2-189
Developer
Wasl
Completed
2020
Last sold
AED 1.43M · September 2023

About 807, Park Gate Residences 3

807 is a one-bedroom apartment of 987 sqft on the 8th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. It last sold on 6 September 2023 for AED 1,427,059, or AED 1,445 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 12 October 2023, is AED 107,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for 807 over time

Sales
Unit 807, 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 1,420,000 (AED 1,438 per sqft)Sold, September 2023: AED 1,427,059 (AED 1,445 per sqft)

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

Rents
Unit 807, each contractTypical one-bed in Park Gate Residences 3
50K75K100K2021202320252027Typical 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, October 2021: AED 58,000 a yearNew contract, October 2023: AED 107,000 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 807 sits

All 34 1-beds →

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. 807's AED 107,000 is in the upper 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 8th floor

All 165 units in Park Gate Residences 3
Value
8012-bedAED 2.52M · Apr 2022
8021-bedAED 2.08M · Jun 2025
8032-bedAED 2.51M · Nov 2021
8042-bedAED 1.87M · Jan 2018
8052-bedAED 1.93M · Feb 2018
8062-bedAED 2.75M · Oct 2025
8082-bedAED 2M · Apr 2022
1–7 of 9

807, Park Gate Residences 3 in numbers

  • Sold twice: first on 13 February 2018 for AED 1,420,000, last on 6 September 2023 for AED 1,427,059 (AED 1,445 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, from AED 58,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2023 price is 7.5%.
  • 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 12 October 2023.

Questions about 807, Park Gate Residences 3

What did unit 807 last sell for?

AED 1,427,059 on 6 September 2023: AED 1,445 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 1,420,000 in February 2018.

What is the rent for unit 807?

AED 107,000 a year on the contract signed on 12 October 2023. The previous contract, from October 2021, was AED 58,000.

How big is unit 807?

987 sqft (91.7 sqm): a one-bedroom apartment on the 8th floor of a 20-storey tower completed in 2020.

What is unit 807 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 807, Park Gate Residences 3

Starts from the last sale price (AED 1.43M, 6 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,427,059
Deposit, UAE resident (20%)
AED 285,412
Deposit, non-resident (40%)
AED 570,824
Monthly over 25 years at 3.7%
AED 5,839

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