1-bed · 757 sqftDistrict One Residences 04, District One · 4th floor · completed 2021

401, District One Residences 04

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

Unit 401 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 1.13M3 October 2022
Current rentAED 135K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, District One Residences 04

What is 401 worth today?

Last sold for AED 1,131,339 in 2022

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15 Jan 2024RentedRenewal
AED 135,000/yr12 months · AED 179 per sqft
15 Jan 2023RentedNew contract
AED 125,000/yr12 months · AED 166 per sqft
3 Oct 2022SoldReady
AED 1,131,339AED 1,494 per sqft
22 May 2019Sold by developerOff-plan
AED 1,131,339AED 1,494 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
1-bed apartment
Size
757 sqft
Floor
4th of 6
Parking
L1-133
Developer
District One
Completed
2021
Service charge
AED 15,100 /yr
Last sold
AED 1.13M · October 2022

About 401, District One Residences 04

401 is a one-bedroom apartment of 757 sqft on the 4th floor of District One Residences 04, a 6-storey tower in District One completed in 2021 by District One. It last sold on 3 October 2022 for AED 1,131,339, or AED 1,494 per sqft, in line with the AED 1,484 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 135,000 a year: a gross yield of 11.9% on the 2022 price, before the service charge of about AED 15,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in District One Residences 04
1.15M20192021202320252027Typical sale price by year: 2019 AED 1,119,879; 2022 AED 1,120,363; 2023 AED 1,174,687; 2024 AED 1,134,000; 2026 AED 1,117,942Sold by developer, May 2019: AED 1,131,339 (AED 1,494 per sqft)Sold, October 2022: AED 1,131,339 (AED 1,494 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in District One Residences 04
100K125K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 125,000; 2024 AED 125,000; 2025 AED 125,000; 2026 AED 125,000New contract, January 2023: AED 125,000 a yearRenewal, January 2024: AED 135,000 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 04, and where 401 sits

All 59 1-beds →

401 last sold in October 2022 at AED 1,494 per sqft, in line with what one-beds in District One Residences 04 were fetching at the time (AED 1,484). Over the last 12 months one-beds sold for AED 1,112,292 to 1,181,377, around AED 1,478 per sqft, and rent for AED 96,429 to 150,000 a year. 401's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20261,119,879
11 Aug 20261,117,619
11 Aug 20261,120,363
11 Aug 20261,117,942
8 1-bed sales in the last 12 months

District One Residences 04

Building

73 apartments, 1-bed to 3-bed over 6 floors in District One, completed in 2021 by District One. 12 sold in the last 12 months.

Typical price per sqft
AED 1,478
Typical sale
AED 1.12M
Typical rent
AED 125K /yr
Typical yield
11.2%
District One Residences 04, District One: prices, sales and rents →

Other units on the 4th floor

All 73 units in District One Residences 04
Value
4021-bedAED 1.11M · Oct 2022
4031-bedAED 1.11M · Aug 2026
4042-bedAED 1.89M · Aug 2026
4053-bedAED 2.58M · Aug 2026
4061-bedAED 1.18M · Aug 2026
4071-bedAED 1.12M · Aug 2026
4081-bedAED 1.12M · Aug 2026
1–7 of 11

401, District One Residences 04 in numbers

  • Sold twice: first on 22 May 2019 for AED 1,131,339, last on 3 October 2022 for AED 1,131,339 (AED 1,494 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 125,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 11.9%, before a service charge of about AED 15,100 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 04 sold for AED 1,112,292–1,181,377 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.

Source: Dubai Land Department. Updated 15 January 2024.

Questions about 401, District One Residences 04

What did unit 401 last sell for?

AED 1,131,339 on 3 October 2022: AED 1,494 per sqft for 757 sqft. The unit has 2 registered sales; the first was AED 1,131,339 in May 2019.

What is the rent for unit 401?

AED 135,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 125,000.

How big is unit 401?

757 sqft (70.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.

What is unit 401 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 04 sold for AED 1,112,292 to 1,181,377 in the last 12 months, around AED 1,478 per sqft.

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Mortgage on 401, District One Residences 04

Starts from the last sale price (AED 1.13M, 3 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,131,339
Deposit, UAE resident (20%)
AED 226,268
Deposit, non-resident (40%)
AED 452,536
Monthly over 25 years at 3.7%
AED 4,629

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