1207, Park Gate Residences 4
Sold prices and rental history: sold once, by the developer in February 2018, and rented 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 4
What is 1207 worth today?
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Source: Dubai Land Department. Updated 20 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 12th of 27
- Parking
- B1-211
- Developer
- Wasl
- Completed
- 2020
- Last sold
- AED 1.39M · February 2018
- Building
- Park Gate Residences 4
About 1207, Park Gate Residences 4
1207 is a one-bedroom apartment of 987 sqft on the 12th floor of Park Gate Residences 4, a 27-storey tower in Al Kifaf completed in 2020 by Wasl. The developer sold it on 13 February 2018 for AED 1,392,000, or AED 1,410 per sqft, 7% below the AED 1,514 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 20 March 2024, is AED 105,000 a year: a gross yield of 7.5% on the 2018 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 4, and where 1207 sits
All 41 1-beds →1207 last sold in February 2018 at AED 1,410 per sqft, 7% below what one-beds in Park Gate Residences 4 were fetching at the time (AED 1,514). Over the last 12 months one-beds sold for AED 2,200,000, around AED 2,211 per sqft, and rent for AED 93,500 to 115,000 a year. 1207's AED 105,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Dec 202524 December 2025 | 995 sqft | 2,200,000 | 2,211 | ||
| 17 Jun 202517 June 2025 | 995 sqft | 2,050,000 | 2,060 | ||
| 4 Feb 20254 February 2025 | 987 sqft | 1,830,000 | 1,853 | ||
| 23 Dec 202423 December 2024 | 994 sqft | 1,950,000 | 1,961 |
Park Gate Residences 4
Building207 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 1,927
- Typical sale
- AED 2.75M
- Typical rent
- AED 121K /yr
- Typical yield
- 4.9%
Other units on the 12th floor
All 207 units in Park Gate Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,572 sqft | AED 2.38MAED 2,381,000 · Feb 2018February 2018 | 125,000 /yr | |
| 1202 | 1-bed | 994 sqft | AED 1.54MAED 1,540,000 · Mar 2018March 2018 | 115,000 /yr | |
| 1203 | 2-bed | 1,572 sqft | AED 2.38MAED 2,381,000 · Jan 2018January 2018 | ||
| 1204 | 2-bed | 1,554 sqft | AED 1.87MAED 1,873,000 · Feb 2018February 2018 | 138,000 /yr | |
| 1205 | 2-bed | 1,610 sqft | AED 2.11MAED 2,110,000 · Mar 2022March 2022 | 85,000 /yr | |
| 1206 | 2-bed | 1,635 sqft | AED 1.84MAED 1,841,000 · Mar 2018March 2018 | ||
| 1208 | 2-bed | 1,635 sqft | AED 1.84MAED 1,842,000 · Feb 2018February 2018 | ||
| 1209 | 2-bed | 1,609 sqft | AED 1.87MAED 1,870,000 · Feb 2021February 2021 | ||
| 1210 | 2-bed | 1,555 sqft | AED 1.7MAED 1,700,000 · Nov 2020November 2020 |
1207, Park Gate Residences 4 in numbers
- Sold once: by Wasl on 13 February 2018 for AED 1,392,000, or AED 1,410 per sqft.
- Rented since May 2022 on 3 Ejari contracts, from AED 69,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2018 price is 7.5%.
- One-beds in Park Gate Residences 4 sold for AED 2,200,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,927 per sqft.
Source: Dubai Land Department. Updated 20 March 2024.
Questions about 1207, Park Gate Residences 4
What did unit 1207 last sell for?
AED 1,392,000 on 13 February 2018, sold by the developer: AED 1,410 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 20 March 2024. The previous contract, from May 2023, was AED 69,000; the unit has been rented since May 2022.
How big is unit 1207?
987 sqft (91.7 sqm): a one-bedroom apartment on the 12th floor of a 27-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 4 sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 2,211 per sqft.
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Mortgage on 1207, Park Gate Residences 4
Starts from the last sale price (AED 1.39M, 13 February 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,392,000
- Deposit, UAE resident (20%)
- AED 278,400
- Deposit, non-resident (40%)
- AED 556,800
- Monthly over 25 years at 3.7%
- AED 5,695
Plus AED 63,474 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →