2-bed · 1,373 sqftDistrict One Residences 03, District One · 4th floor · completed 2022

404, District One Residences 03

Sold prices and rental history: sold twice, last in November 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 3.5M2 November 2023
Current rentAED 240K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, District One Residences 03

What is 404 worth today?

Last sold for AED 3,497,210 in 2023

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20 Feb 2024RentedNew contract
AED 240,000/yr12 months · AED 174 per sqft
20 Feb 2024RentedRenewal
AED 240,000/yr12 months · AED 176 per sqft
2 Nov 2023SoldReady
AED 3,497,210AED 2,547 per sqft
20 Feb 2023RentedNew contract
AED 230,000/yr12 months · AED 167 per sqft
27 Nov 2018Sold by developerOff-plan
AED 2,033,247AED 1,499 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
2-bed apartment
Size
1,373 sqft
Floor
4th of 4
Parking
G-20
Developer
District One
Completed
2022
Service charge
AED 27,500 /yr
Last sold
AED 3.5M · November 2023

About 404, District One Residences 03

404 is a two-bedroom apartment of 1,373 sqft on the 4th floor of District One Residences 03, a 4-storey tower in District One completed in 2022 by District One. It last sold on 2 November 2023 for AED 3,497,210, or AED 2,547 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 20 February 2024, is AED 240,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 27,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in District One Residences 03
2M3M2018202020222024Typical sale price by year: 2018 AED 2,033,247; 2023 AED 3,428,579Sold by developer, November 2018: AED 2,033,247 (AED 1,499 per sqft)Sold, November 2023: AED 3,497,210 (AED 2,547 per sqft)

404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 404, each contractTypical two-bed in District One Residences 03
230K240K2023202420252026Typical rent by year: 2023 AED 245,000; 2024 AED 240,000; 2025 AED 235,000New contract, February 2023: AED 230,000 a yearNew contract, February 2024: AED 240,000 a yearRenewal, February 2024: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in District One Residences 03, and where 404 sits

All 5 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
1 Apr 20244,300,000
7 Feb 20243,600,000
28 Nov 20233,424,464
1 Nov 20233,428,579
0 2-bed sales 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 4th floor

All 31 units in District One Residences 03
Value
4011-bedAED 1.85M · Feb 2024
4021-bedAED 2.02M · Oct 2023
4031-bedAED 1.98M · Oct 2024
4051-bedAED 1.95M · Sep 2023
4061-bedAED 1.8M · Jul 2024
4071-bedAED 1.75M · Nov 2023

404, District One Residences 03 in numbers

  • Sold twice: first on 27 November 2018 for AED 2,033,247, last on 2 November 2023 for AED 3,497,210 (AED 2,547 per sqft).
  • Rented since February 2023 on 3 Ejari contracts, from AED 230,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 27,500 a year (AED 20.00 per sqft).

Source: Dubai Land Department. Updated 20 February 2024.

Questions about 404, District One Residences 03

What did unit 404 last sell for?

AED 3,497,210 on 2 November 2023: AED 2,547 per sqft for 1,373 sqft. The unit has 2 registered sales; the first was AED 2,033,247 in November 2018.

What is the rent for unit 404?

AED 240,000 a year on the contract signed on 20 February 2024. The previous contract, from February 2024, was AED 240,000; the unit has been rented since February 2023.

How big is unit 404?

1,373 sqft (127.6 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2022.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 404, District One Residences 03

Starts from the last sale price (AED 3.5M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,497,210
Deposit, UAE resident (20%)
AED 699,442
Deposit, non-resident (40%)
AED 1,398,884
Monthly over 25 years at 3.7%
AED 14,308

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