607, Park Gate Residences 1
Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, Park Gate Residences 1
What is 607 worth today?
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Source: Dubai Land Department. Updated 5 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 6th of 27
- Parking
- B2-009
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.51M · August 2021
- Building
- Park Gate Residences 1
About 607, Park Gate Residences 1
607 is a one-bedroom apartment of 987 sqft on the 6th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 18 August 2021 for AED 1,510,777, or AED 1,530 per sqft, 7% below the AED 1,640 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 August 2025, is AED 95,000 a year: a gross yield of 6.3% on the 2021 price.
Sales and rents for 607 over time
607 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 607 sits
All 42 1-beds →607 last sold in August 2021 at AED 1,530 per sqft, 7% below what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,640). 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. 607's AED 95,000 is at the bottom 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 6th floor
All 204 units in Park Gate Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,571 sqft | AED 3MAED 3,000,000 · Sep 2024September 2024 | ||
| 602 | 1-bed | 994 sqft | AED 1.56MAED 1,560,000 · Dec 2018December 2018 | 95,000 /yr | |
| 603 | 2-bed | 1,571 sqft | AED 2.77MAED 2,765,777 · May 2023May 2023 | ||
| 604 | 2-bed | 1,553 sqft | AED 1.86MAED 1,855,000 · Apr 2018April 2018 | 158,000 /yr | |
| 605 | 2-bed | 1,609 sqft | AED 2.8MAED 2,800,000 · Jun 2024June 2024 | 155,000 /yr | |
| 606 | 2-bed | 1,634 sqft | AED 1.86MAED 1,860,000 · Apr 2018April 2018 | 126,000 /yr | |
| 608 | 1,635 sqft | AED 3MAED 3,000,000 · Nov 2025November 2025 | 145,000 /yr | ||
| 609 | 2-bed | 1,608 sqft | AED 1.92MAED 1,916,000 · Mar 2018March 2018 | 129,986 /yr | |
| 610 | 2-bed | 1,554 sqft | AED 1.97MAED 1,970,777 · Mar 2020March 2020 |
607, Park Gate Residences 1 in numbers
- Sold once: by Wasl on 18 August 2021 for AED 1,510,777, or AED 1,530 per sqft.
- Rented since December 2021 on 4 Ejari contracts, from AED 65,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2021 price is 6.3%.
- 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: Dubai Land Department. Updated 5 August 2025.
Questions about 607, Park Gate Residences 1
What did unit 607 last sell for?
AED 1,510,777 on 18 August 2021, sold by the developer: AED 1,530 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 607?
AED 95,000 a year on the contract signed on 5 August 2025. The previous contract, from June 2024, was AED 77,000; the unit has been rented since December 2021.
How big is unit 607?
987 sqft (91.7 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2020.
What is unit 607 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 607, Park Gate Residences 1
Starts from the last sale price (AED 1.51M, 18 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,510,777
- Deposit, UAE resident (20%)
- AED 302,155
- Deposit, non-resident (40%)
- AED 604,311
- Monthly over 25 years at 3.7%
- AED 6,181
Plus AED 68,463 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →