1107, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1107, Park Gate Residences 1
What is 1107 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 11th of 27
- Parking
- B2-004
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.59M · May 2022
- Building
- Park Gate Residences 1
About 1107, Park Gate Residences 1
1107 is a one-bedroom apartment of 987 sqft on the 11th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 17 May 2022 for AED 1,586,777, or AED 1,607 per sqft, 5% below the AED 1,685 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 16 February 2025, is AED 120,000 a year: a gross yield of 7.6% on the 2022 price.
Sales and rents for 1107 over time
1107 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 1, and where 1107 sits
All 42 1-beds →1107 last sold in May 2022 at AED 1,607 per sqft, 5% below what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,685). Over the last 12 months one-beds sold for AED 2,000,000, around AED 2,025 per sqft, and rent for AED 97,000 to 110,000 a year. 1107's AED 120,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Dec 202515 December 2025 | 987 sqft | 2,000,000 | 2,025 | ||
| 19 Jun 202519 June 2025 | 987 sqft | 2,274,670 | 2,303 | ||
| 28 Apr 202528 April 2025 | 995 sqft | 2,000,000 | 2,010 | ||
| 16 Apr 202516 April 2025 | 995 sqft | 2,025,000 | 2,035 |
Park Gate Residences 1
Building204 apartments, 1-bed to 5-bed over 27 floors in Al Kifaf, completed in 2020 by Wasl. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,835
- Typical sale
- AED 2.75M
- Typical rent
- AED 155K /yr
- Typical yield
- 5.6%
Other units on the 11th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,571 sqft | AED 2.47MAED 2,466,000 · Apr 2018April 2018 | ||
| 1102 | 1-bed | 994 sqft | AED 1.8MAED 1,800,777 · May 2023May 2023 | ||
| 1103 | 2-bed | 1,571 sqft | AED 2.47MAED 2,466,000 · Apr 2018April 2018 | ||
| 1104 | 2-bed | 1,553 sqft | AED 2.35MAED 2,350,000 · Jul 2023July 2023 | 100,486 /yr | |
| 1105 | 2-bed | 1,610 sqft | AED 2MAED 2,002,000 · Feb 2018February 2018 | 155,000 /yr | |
| 1106 | 2-bed | 1,633 sqft | AED 2.08MAED 2,084,777 · Feb 2021February 2021 | ||
| 1108 | 2-bed | 1,634 sqft | AED 2.13MAED 2,128,777 · May 2022May 2022 | 155,000 /yr | |
| 1109 | 2-bed | 1,609 sqft | AED 1.96MAED 1,963,000 · Apr 2018April 2018 | 155,000 /yr | |
| 1110 | 2-bed | 1,554 sqft | AED 2.08MAED 2,081,777 · May 2021May 2021 |
1107, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 17 May 2022 for AED 1,586,777, or AED 1,607 per sqft.
- Rented since October 2022 on 3 Ejari contracts, from AED 100,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 7.6%.
- One-beds in Park Gate Residences 1 sold for AED 2,000,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,835 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2025.
Questions about 1107, Park Gate Residences 1
What did unit 1107 last sell for?
AED 1,586,777 on 17 May 2022, sold by the developer: AED 1,607 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 1107?
AED 120,000 a year on the contract signed on 16 February 2025. The previous contract, from December 2023, was AED 115,000; the unit has been rented since October 2022.
How big is unit 1107?
987 sqft (91.7 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2020.
What is unit 1107 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 1 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 2,025 per sqft.
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Mortgage on 1107, Park Gate Residences 1
Starts from the last sale price (AED 1.59M, 17 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,586,777
- Deposit, UAE resident (20%)
- AED 317,355
- Deposit, non-resident (40%)
- AED 634,711
- Monthly over 25 years at 3.7%
- AED 6,492
Plus AED 71,655 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →