1-bed · 767 sqftDistrict One Residences 03, District One · 4th floor · completed 2022

405, District One Residences 03

Sold prices and rental history: sold twice, last in September 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 1.95M27 September 2023
Current rentAED 110K /yr11 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, District One Residences 03

What is 405 worth today?

Last sold for AED 1,950,000 in 2023

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27 Sep 2023SoldReady
AED 1,950,000AED 2,542 per sqft
11 Nov 2022RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft
27 Nov 2018Sold by developerOff-plan
AED 1,141,673AED 1,488 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
4th of 4
Parking
G-17
Developer
District One
Completed
2022
Service charge
AED 15,300 /yr
Last sold
AED 1.95M · September 2023

About 405, District One Residences 03

405 is a one-bedroom apartment of 767 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 27 September 2023 for AED 1,950,000, or AED 2,542 per sqft, 4% above the AED 2,449 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 November 2022. The current contract, signed on 11 November 2022, is AED 110,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 1,141,673 (AED 1,488 per sqft)Sold, September 2023: AED 1,950,000 (AED 2,542 per sqft)

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

Rents
Unit 405, 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, November 2022: AED 110,000 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 405 sits

All 26 1-beds →

405 last sold in September 2023 at AED 2,542 per sqft, 4% above what one-beds in District One Residences 03 were fetching at the time (AED 2,449). 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. 405's AED 110,000 is in the upper half 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 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
4042-bedAED 3.5M · Nov 2023
4061-bedAED 1.8M · Jul 2024
4071-bedAED 1.75M · Nov 2023

405, District One Residences 03 in numbers

  • Sold twice: first on 27 November 2018 for AED 1,141,673, last on 27 September 2023 for AED 1,950,000 (AED 2,542 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 15,300 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 27 September 2023.

Questions about 405, District One Residences 03

What did unit 405 last sell for?

AED 1,950,000 on 27 September 2023: AED 2,542 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 1,141,673 in November 2018.

What is the rent for unit 405?

AED 110,000 a year on the contract signed on 11 November 2022.

How big is unit 405?

767 sqft (71.3 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2022.

What is unit 405 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 405, District One Residences 03

Starts from the last sale price (AED 1.95M, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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