1307, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in April 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 1307, Park Gate Residences 3
What is 1307 worth today?
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Source: Dubai Land Department. Updated 11 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 13th of 20
- Parking
- CD1-016
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.56M · April 2022
- Building
- Park Gate Residences 3
About 1307, Park Gate Residences 3
1307 is a one-bedroom apartment of 987 sqft on the 13th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 26 April 2022 for AED 1,564,777, or AED 1,584 per sqft, in line with the AED 1,584 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 11 May 2025, is AED 100,000 a year: a gross yield of 6.4% on the 2022 price.
Sales and rents for 1307 over time
1307 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 1307 sits
All 31 1-beds →1307 last sold in April 2022 at AED 1,584 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,584). 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 13th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1,477 sqft | AED 3MAED 3,000,000 · Oct 2025October 2025 | |||
| 1302 | 1-bed | 994 sqft | AED 1.62MAED 1,620,000 · Sep 2023September 2023 | 110,000 /yr | |
| 1303 | 2-bed | 1,571 sqft | AED 2.56MAED 2,564,777 · Sep 2021September 2021 | ||
| 1304 | 2-bed | 1,548 sqft | AED 2.02MAED 2,020,000 · Feb 2022February 2022 | ||
| 1305 | 2-bed | 1,617 sqft | AED 1.98MAED 1,981,000 · Jul 2021July 2021 | 145,000 /yr | |
| 1306 | 204 sqft | AED 2.06MAED 2,060,777 · Jan 2022January 2022 | |||
| 1308 | 2-bed | 1,554 sqft | AED 2.05MAED 2,048,777 · Feb 2022February 2022 | 150,000 /yr | |
| 1309 | 2-bed | 1,616 sqft | AED 2.02MAED 2,021,000 · Jun 2018June 2018 | ||
| 1310 | 2-bed | 1,549 sqft | AED 2.06MAED 2,056,777 · Nov 2021November 2021 | 160,000 /yr |
1307, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 26 April 2022 for AED 1,564,777, or AED 1,584 per sqft.
- Rented since September 2022 on 4 Ejari contracts, from AED 80,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 6.4%.
- 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 11 May 2025.
Questions about 1307, Park Gate Residences 3
What did unit 1307 last sell for?
AED 1,564,777 on 26 April 2022, sold by the developer: AED 1,584 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 1307?
AED 100,000 a year on the contract renewed on 11 May 2025. The previous contract, from May 2024, was AED 95,000; the unit has been rented since September 2022.
How big is unit 1307?
987 sqft (91.7 sqm): a one-bedroom apartment on the 13th floor of a 20-storey tower completed in 2020.
What is unit 1307 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 1307, Park Gate Residences 3
Starts from the last sale price (AED 1.56M, 26 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,564,777
- Deposit, UAE resident (20%)
- AED 312,955
- Deposit, non-resident (40%)
- AED 625,911
- Monthly over 25 years at 3.7%
- AED 6,402
Plus AED 70,731 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →