1-bed · 831 sqftDistrict One Residences 03, District One · 3rd floor · completed 2022

301, District One Residences 03

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 2.21M23 May 2024
Current rentAED 126K /yr23 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, District One Residences 03

What is 301 worth today?

Last sold for AED 2,205,000 in 2024

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23 May 2024SoldReady
AED 2,205,000AED 2,653 per sqft
23 Feb 2024RentedNew contract
AED 126,000/yr12 months · AED 152 per sqft
24 Oct 2023SoldReady
AED 1,766,045AED 2,124 per sqft
10 Dec 2022RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
26 Nov 2018Sold by developerOff-plan
AED 1,194,631AED 1,499 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
3rd of 4
Parking
G-12
Developer
District One
Completed
2022
Service charge
AED 16,600 /yr
Last sold
AED 2.21M · May 2024

About 301, District One Residences 03

301 is a one-bedroom apartment of 831 sqft on the 3rd floor of District One Residences 03, a 4-storey tower in District One completed in 2022 by District One. It last sold on 23 May 2024 for AED 2,205,000, or AED 2,653 per sqft, 13% above the AED 2,339 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 23 February 2024, is AED 126,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 16,600 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in District One Residences 03
1M1.5M2M2018202020222024Typical sale price by year: 2018 AED 1,167,022; 2023 AED 1,818,995; 2024 AED 1,900,000Sold by developer, November 2018: AED 1,194,631 (AED 1,499 per sqft)Sold, October 2023: AED 1,766,045 (AED 2,124 per sqft)Sold, May 2024: AED 2,205,000 (AED 2,653 per sqft)

301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 301, each contractTypical one-bed in District One Residences 03
100K120K140K202220242026Typical rent by year: 2022 AED 140,000; 2023 AED 129,820; 2024 AED 126,000; 2025 AED 121,500; 2026 AED 97,500New contract, December 2022: AED 100,000 a yearNew contract, February 2024: AED 126,000 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 District One Residences 03, and where 301 sits

All 26 1-beds →

301 last sold in May 2024 at AED 2,653 per sqft, 13% above what one-beds in District One Residences 03 were fetching at the time (AED 2,339). Over the last 12 months one-beds sold for AED 1,570,000, around AED 2,009 per sqft, and rent for AED 78,000 to 125,000 a year. 301's AED 126,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Mar 20261,570,000
15 Jul 20252,250,000
4 Nov 20241,850,000
28 Oct 20241,980,000
1 1-bed sale in the last 12 months

District One Residences 03

Building

31 apartments, 1-bed to 2-bed over 4 floors in District One, completed in 2022 by District One. 1 sold in the last 12 months.

Typical price per sqft
AED 2,009
Typical sale
AED 1.57M
Typical rent
AED 100K /yr
Typical yield
6.4%
District One Residences 03, District One: prices, sales and rents →

Other units on the 3rd floor

All 31 units in District One Residences 03
Value
3021-bedAED 1.8M · Oct 2023
3031-bedAED 1.88M · Oct 2023
3042-bedAED 3.6M · Feb 2024
3051-bedAED 1.88M · Sep 2023
3061-bedAED 1.8M · Apr 2024
3071-bedAED 1.76M · Dec 2023

301, District One Residences 03 in numbers

  • Sold 3 times: first on 26 November 2018 for AED 1,194,631, last on 23 May 2024 for AED 2,205,000 (AED 2,653 per sqft).
  • Rented since December 2022 on 2 Ejari contracts, from AED 100,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 16,600 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 03 sold for AED 1,570,000–1,570,000 in the 12 months to November 2026; the building's median across all types is AED 2,009 per sqft.

Source: Dubai Land Department. Updated 23 May 2024.

Questions about 301, District One Residences 03

What did unit 301 last sell for?

AED 2,205,000 on 23 May 2024: AED 2,653 per sqft for 831 sqft. The unit has 3 registered sales; the first was AED 1,194,631 in November 2018.

What is the rent for unit 301?

AED 126,000 a year on the contract signed on 23 February 2024. The previous contract, from December 2022, was AED 100,000.

How big is unit 301?

831 sqft (77.2 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2022.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in District One Residences 03 sold for AED 1,570,000 to 1,570,000 in the last 12 months, around AED 2,009 per sqft.

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Mortgage on 301, District One Residences 03

Starts from the last sale price (AED 2.21M, 23 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,205,000
Deposit, UAE resident (20%)
AED 441,000
Deposit, non-resident (40%)
AED 882,000
Monthly over 25 years at 3.7%
AED 9,021

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →