1-bed · 885 sqftDistrict One Residences 03, District One · Ground floor · completed 2022

G03, District One Residences 03

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

Unit G03 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 2.25M11 December 2023
Current rentAED 145K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, District One Residences 03

What is G03 worth today?

Last sold for AED 2,249,032 in 2023

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28 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 164 per sqft
11 Dec 2023SoldReady
AED 2,249,032AED 2,541 per sqft
28 Mar 2023RentedNew contract
AED 150,000/yr12 months · AED 170 per sqft
26 Nov 2018Sold by developerOff-plan
AED 1,313,949AED 1,499 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
1-bed apartment
Size
885 sqft
Floor
Ground of 4
Parking
G-25
Developer
District One
Completed
2022
Service charge
AED 17,700 /yr
Last sold
AED 2.25M · December 2023

About G03, District One Residences 03

G03 is a one-bedroom apartment of 885 sqft on the ground floor of District One Residences 03, a 4-storey tower in District One completed in 2022 by District One. It last sold on 11 December 2023 for AED 2,249,032, or AED 2,541 per sqft, 7% above the AED 2,374 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 28 September 2024, is AED 145,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 17,700 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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 1,313,949 (AED 1,499 per sqft)Sold, December 2023: AED 2,249,032 (AED 2,541 per sqft)

G03 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, each contractTypical one-bed in District One Residences 03
100K125K150K202220242026Typical rent by year: 2022 AED 140,000; 2023 AED 129,820; 2024 AED 126,000; 2025 AED 121,500; 2026 AED 97,500New contract, March 2023: AED 150,000 a yearNew contract, September 2024: AED 145,000 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 G03 sits

All 26 1-beds →

G03 last sold in December 2023 at AED 2,541 per sqft, 7% above what one-beds in District One Residences 03 were fetching at the time (AED 2,374). 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. G03's AED 145,000 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 ground floor

All 31 units in District One Residences 03
Value
G011-bedAED 2.25M · Jul 2025
G022-bedAED 4.3M · Apr 2024

G03, District One Residences 03 in numbers

  • Sold twice: first on 26 November 2018 for AED 1,313,949, last on 11 December 2023 for AED 2,249,032 (AED 2,541 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 150,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 17,700 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 28 September 2024.

Questions about G03, District One Residences 03

What did unit G03 last sell for?

AED 2,249,032 on 11 December 2023: AED 2,541 per sqft for 885 sqft. The unit has 2 registered sales; the first was AED 1,313,949 in November 2018.

What is the rent for unit G03?

AED 145,000 a year on the contract signed on 28 September 2024. The previous contract, from March 2023, was AED 150,000.

How big is unit G03?

885 sqft (82.2 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2022.

What is unit G03 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 G03, District One Residences 03

Starts from the last sale price (AED 2.25M, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,249,032
Deposit, UAE resident (20%)
AED 449,806
Deposit, non-resident (40%)
AED 899,613
Monthly over 25 years at 3.7%
AED 9,201

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