907, Park Gate Residences 3
Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 907, Park Gate Residences 3
What is 907 worth today?
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Source: Dubai Land Department. Updated 2 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 9th of 20
- Parking
- B2-200
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.53M · April 2022
- Building
- Park Gate Residences 3
About 907, Park Gate Residences 3
907 is a one-bedroom apartment of 987 sqft on the 9th floor of Park Gate Residences 3, a 20-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 18 April 2022 for AED 1,532,777, or AED 1,552 per sqft, in line with the AED 1,576 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 2 September 2024, is AED 79,000 a year: a gross yield of 5.1% on the 2022 price.
Sales and rents for 907 over time
907 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 907 sits
All 31 1-beds →907 last sold in April 2022 at AED 1,552 per sqft, in line with what one-beds in Park Gate Residences 3 were fetching at the time (AED 1,576). 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 9th floor
All 165 units in Park Gate Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,571 sqft | AED 3.2MAED 3,200,000 · Nov 2024November 2024 | 120,000 /yr | |
| 902 | 1-bed | 994 sqft | AED 1.55MAED 1,550,000 · Sep 2018September 2018 | 115,000 /yr | |
| 903 | 2-bed | 1,571 sqft | AED 2.52MAED 2,519,777 · Nov 2021November 2021 | ||
| 904 | 2-bed | 1,548 sqft | AED 1.88MAED 1,878,000 · Feb 2018February 2018 | 105,000 /yr | |
| 905 | 2-bed | 1,617 sqft | AED 2.1MAED 2,100,000 · Mar 2022March 2022 | 100,000 /yr | |
| 906 | 2-bed | 1,631 sqft | AED 2.6MAED 2,600,000 · Sep 2024September 2024 | ||
| 908 | 2-bed | 1,632 sqft | AED 2.02MAED 2,022,777 · May 2021May 2021 | ||
| 909 | 2-bed | 1,616 sqft | AED 1.94MAED 1,944,000 · Mar 2018March 2018 | ||
| 910 | 2-bed | 1,549 sqft | AED 2MAED 1,997,777 · May 2021May 2021 |
907, Park Gate Residences 3 in numbers
- Sold once: by Wasl on 18 April 2022 for AED 1,532,777, or AED 1,552 per sqft.
- Rented since September 2022 on 3 Ejari contracts, from AED 74,792 to AED 79,000 a year.
- At AED 79,000 a year the gross yield on the 2022 price is 5.1%.
- 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 2 September 2024.
Questions about 907, Park Gate Residences 3
What did unit 907 last sell for?
AED 1,532,777 on 18 April 2022, sold by the developer: AED 1,552 per sqft for 987 sqft. It is the only registered sale of the unit.
What is the rent for unit 907?
AED 79,000 a year on the contract renewed on 2 September 2024. The previous contract, from September 2023, was AED 75,000; the unit has been rented since September 2022.
How big is unit 907?
987 sqft (91.7 sqm): a one-bedroom apartment on the 9th floor of a 20-storey tower completed in 2020.
What is unit 907 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 907, Park Gate Residences 3
Starts from the last sale price (AED 1.53M, 18 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,532,777
- Deposit, UAE resident (20%)
- AED 306,555
- Deposit, non-resident (40%)
- AED 613,111
- Monthly over 25 years at 3.7%
- AED 6,271
Plus AED 69,387 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →