1207, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Park Gate Residences 3
What is 1207 worth today?
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Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 12th of 20
- Parking
- CD1-018
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.56M · March 2022
- Building
- Park Gate Residences 3
About 1207, Park Gate Residences 3
1207 is a one-bedroom apartment of 987 sqft on the 12th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 4 March 2022 for AED 1,556,777, or AED 1,576 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 July 2025, is AED 105,000 a year: a gross yield of 6.7% on the 2022 price.
Sales and rents for 1207 over time
1207 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 3, and where 1207 sits
All 31 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 94,000 to 110,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202513 June 2025 | 994 sqft | 2,075,000 | 2,086 | ||
| 26 Aug 202426 August 2024 | 987 sqft | 1,650,000 | 1,671 | ||
| 1 Jul 20241 July 2024 | 994 sqft | 1,750,000 | 1,760 | ||
| 5 Jun 20245 June 2024 | 987 sqft | 1,550,000 | 1,569 |
Park Gate Residences 3
Building165 apartments, 1-bed to 5-bed over 20 floors in Al Kifaf, completed in 2020 by Wasl. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,005
- Typical sale
- AED 1.98M
- Typical rent
- AED 155K /yr
- Typical yield
- 4.9%
Other units on the 12th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,571 sqft | AED 2.6MAED 2,600,000 · Jun 2023June 2023 | ||
| 1202 | 1-bed | 994 sqft | AED 1.57MAED 1,570,000 · Jan 2018January 2018 | 130,000 /yr | |
| 1203 | 2-bed | 1,571 sqft | AED 2MAED 2,000,000 · Apr 2022April 2022 | 140,000 /yr | |
| 1204 | 2-bed | 1,548 sqft | AED 750KAED 750,000 · Oct 2020October 2020 | 118,792 /yr | |
| 1205 | 2-bed | 1,617 sqft | AED 1.97MAED 1,972,000 · Feb 2018February 2018 | 170,000 /yr | |
| 1206 | 2-bed | 1,631 sqft | AED 1.91MAED 1,911,000 · Jan 2019January 2019 | 110,000 /yr | |
| 1208 | 1,632 sqft | AED 2.05MAED 2,053,777 · Apr 2022April 2022 | |||
| 1209 | 2-bed | 1,616 sqft | AED 1.97MAED 1,971,000 · Feb 2018February 2018 | ||
| 1210 | 2-bed | 1,549 sqft | AED 2.03MAED 2,027,777 · Apr 2021April 2021 |
1207, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 4 March 2022 for AED 1,556,777, or AED 1,576 per sqft.
- Rented since June 2022 on 4 Ejari contracts, from AED 85,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 6.7%.
- 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 2,005 per sqft.
Source: Dubai Land Department. Updated 10 July 2025.
Questions about 1207, Park Gate Residences 3
What did unit 1207 last sell for?
AED 1,556,777 on 4 March 2022, sold by the developer: AED 1,576 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 1207?
AED 105,000 a year on the contract signed on 10 July 2025. The previous contract, from July 2024, was AED 100,000; the unit has been rented since June 2022.
How big is unit 1207?
987 sqft (91.7 sqm): a one-bedroom apartment on the 12th floor of a 20-storey tower completed in 2020.
What is unit 1207 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 1207, Park Gate Residences 3
Starts from the last sale price (AED 1.56M, 4 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,556,777
- Deposit, UAE resident (20%)
- AED 311,355
- Deposit, non-resident (40%)
- AED 622,711
- Monthly over 25 years at 3.7%
- AED 6,369
Plus AED 70,395 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →