2307, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2307, Park Gate Residences 1
What is 2307 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,155 sqft
- Floor
- 23rd of 27
- Parking
- AB4-037, AB4-038
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 3.23M · July 2022
- Building
- Park Gate Residences 1
About 2307, Park Gate Residences 1
2307 is a three-bedroom apartment of 2,155 sqft on the 23rd floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 20 July 2022 for AED 3,226,777, or AED 1,497 per sqft, in line with the AED 1,505 three-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 183,000 a year: a gross yield of 5.7% on the 2022 price.
Sales and rents for 2307 over time
2307 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Park Gate Residences 1, and where 2307 sits
All 49 3-beds →2307 last sold in July 2022 at AED 1,497 per sqft, in line with what three-beds in Park Gate Residences 1 were fetching at the time (AED 1,505).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 2,163 sqft | 4,000,000 | 1,849 | ||
| 21 Jan 202521 January 2025 | 2,155 sqft | 4,200,000 | 1,948 | ||
| 18 Jul 202418 July 2024 | 1,967 sqft | 4,250,000 | 2,160 | ||
| 6 Jun 20246 June 2024 | 2,060 sqft | 4,300,000 | 2,087 |
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 23rd floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 2,060 sqft | AED 3.47MAED 3,470,777 · Apr 2020April 2020 | ||
| 2302 | 1-bed | 995 sqft | AED 1.82MAED 1,820,777 · Apr 2022April 2022 | ||
| 2303 | 3-bed | 2,060 sqft | AED 4.3MAED 4,300,000 · Jun 2024June 2024 | 120,000 /yr | |
| 2304 | 3-bed | 648 sqft | AED 2.93MAED 2,925,000 · Feb 2021February 2021 | ||
| 2305 | 3-bed | 2,155 sqft | AED 3.12MAED 3,121,777 · Apr 2021April 2021 | ||
| 2306 | 1-bed | 987 sqft | AED 1.65MAED 1,653,777 · Apr 2022April 2022 | 110,000 /yr | |
| 2308 | 3-bed | 2,163 sqft | AED 3.18MAED 3,180,000 · Sep 2019September 2019 |
2307, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 20 July 2022 for AED 3,226,777, or AED 1,497 per sqft.
- Rented since February 2023 on 3 Ejari contracts, from AED 175,000 to AED 183,000 a year.
- At AED 183,000 a year the gross yield on the 2022 price is 5.7%.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.
Questions about 2307, Park Gate Residences 1
What did unit 2307 last sell for?
AED 3,226,777 on 20 July 2022, sold by the developer: AED 1,497 per sqft for 2,155 sqft. It is the only registered sale of the unit.
What is the rent for unit 2307?
AED 183,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 175,000; the unit has been rented since February 2023.
How big is unit 2307?
2,155 sqft (200.2 sqm): a three-bedroom apartment on the 23rd floor of a 27-storey tower completed in 2020.
What is unit 2307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2307, Park Gate Residences 1
Starts from the last sale price (AED 3.23M, 20 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,226,777
- Deposit, UAE resident (20%)
- AED 645,355
- Deposit, non-resident (40%)
- AED 1,290,711
- Monthly over 25 years at 3.7%
- AED 13,202
Plus AED 140,535 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →