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

807, 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.

Unit 807 · DLD and Ejari recordsUpdated 11 February 2025
Last soldAED 1.55M15 July 2022
Current rentAED 100K /yr11 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Park Gate Residences 1

What is 807 worth today?

Last sold for AED 1,549,777 in 2022

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11 Feb 2025RentedNew contract
AED 99,750/yr12 months · AED 101 per sqft
12 Feb 2024RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
14 Apr 2023RentedNew contract
AED 92,500/yr12 months · AED 93 per sqft
15 Jul 2022Sold by developerReady
AED 1,549,777AED 1,570 per sqft

Source: Dubai Land Department. Updated 11 February 2025.

Key facts

Type
1-bed apartment
Size
987 sqft
Floor
8th of 27
Parking
B2-007
Developer
Wasl
Completed
2020
Last sold
AED 1.55M · July 2022

About 807, Park Gate Residences 1

807 is a one-bedroom apartment of 987 sqft on the 8th floor of Park Gate Residences 1, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 15 July 2022 for AED 1,549,777, or AED 1,570 per sqft, 5% below the AED 1,659 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 11 February 2025, is AED 99,750 a year: a gross yield of 6.4% on the 2022 price.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical one-bed in Park Gate Residences 1
1.5M1.75M2M20182020202220242026Typical sale price by year: 2018 AED 1,581,000; 2020 AED 1,616,389; 2021 AED 1,693,777; 2022 AED 1,635,777; 2023 AED 1,791,777; 2024 AED 1,638,889; 2025 AED 2,012,500Sold by developer, July 2022: AED 1,549,777 (AED 1,570 per sqft)

807 has sold once; 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 1
60K80K100K202120232025Typical rent by year: 2021 AED 65,000; 2022 AED 80,500; 2023 AED 93,000; 2024 AED 97,000; 2025 AED 105,000New contract, April 2023: AED 92,500 a yearNew contract, February 2024: AED 95,000 a yearNew contract, February 2025: AED 99,750 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 1, and where 807 sits

All 42 1-beds →

807 last sold in July 2022 at AED 1,570 per sqft, 5% below what one-beds in Park Gate Residences 1 were fetching at the time (AED 1,659). 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. 807's AED 99,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Dec 20252,000,000
19 Jun 20252,274,670
28 Apr 20252,000,000
16 Apr 20252,025,000
1 1-bed sale in the last 12 months

Park Gate Residences 1

Building

204 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%
Park Gate Residences 1, Al Kifaf: prices, sales and rents →

Other units on the 8th floor

All 204 units in Park Gate Residences 1
Value
8012-bedAED 2.64M · Mar 2022
8021-bedAED 1.5M · Feb 2023
8032-bedAED 2.5M · Oct 2023
8042-bedAED 1.87M · Apr 2018
8052-bedAED 1.94M · Apr 2018
8062-bedAED 2.55M · Mar 2025
8082-bedAED 2.08M · Mar 2022
1–7 of 9

807, Park Gate Residences 1 in numbers

  • Sold once: by Wasl on 15 July 2022 for AED 1,549,777, or AED 1,570 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, from AED 92,500 to AED 99,750 a year.
  • At AED 99,750 a year the gross yield on the 2022 price is 6.4%.
  • 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 11 February 2025.

Questions about 807, Park Gate Residences 1

What did unit 807 last sell for?

AED 1,549,777 on 15 July 2022, sold by the developer: AED 1,570 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 99,750 a year on the contract signed on 11 February 2025. The previous contract, from February 2024, was AED 95,000; the unit has been rented since April 2023.

How big is unit 807?

987 sqft (91.7 sqm): a one-bedroom apartment on the 8th floor of a 27-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 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 807, Park Gate Residences 1

Starts from the last sale price (AED 1.55M, 15 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,549,777
Deposit, UAE resident (20%)
AED 309,955
Deposit, non-resident (40%)
AED 619,911
Monthly over 25 years at 3.7%
AED 6,341

Plus AED 70,101 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →