1-bed · 750 sqftDistrict One Residences 04, District One · 5th floor · completed 2021

502, District One Residences 04

Sold prices and rental history: sold 4 times, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 3 April 2023
Last soldAED 1.99M3 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, District One Residences 04

What is 502 worth today?

Last sold for AED 1,985,000 in 2023

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3 Apr 2023SoldReady
AED 1,985,000AED 2,646 per sqft
20 Jan 2023SoldReady
AED 1,114,552AED 1,486 per sqft
13 Oct 2022SoldReady
AED 1,114,552AED 1,486 per sqft
21 May 2019Sold by developerOff-plan
AED 1,114,552AED 1,486 per sqft

Source: Dubai Land Department. Updated 3 April 2023.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
5th of 6
Parking
G-15
Developer
District One
Completed
2021
Service charge
AED 15,000 /yr
Last sold
AED 1.99M · April 2023

About 502, District One Residences 04

502 is a one-bedroom apartment of 750 sqft on the 5th floor of District One Residences 04, a 6-storey tower in District One completed in 2021 by District One. It last sold on 3 April 2023 for AED 1,985,000, or AED 2,646 per sqft, 78% above the AED 1,484 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in District One Residences 04
1M1.5M2M20192021202320252027Typical 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 1,114,552 (AED 1,486 per sqft)Sold, October 2022: AED 1,114,552 (AED 1,486 per sqft)Sold, January 2023: AED 1,114,552 (AED 1,486 per sqft)Sold, April 2023: AED 1,985,000 (AED 2,646 per sqft)

502 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in District One Residences 04
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 125,000; 2024 AED 125,000; 2025 AED 125,000; 2026 AED 125,000

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 502 sits

All 59 1-beds →

502 last sold in April 2023 at AED 2,646 per sqft, 78% above 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.

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 5th floor

All 73 units in District One Residences 04
Value
5011-bedAED 1.65M · Jul 2023
5031-bedAED 2.19M · Oct 2023
5042-bedAED 1.98M · Aug 2023
5053-bedAED 2.71M · Aug 2023
5061-bedAED 1.24M · Aug 2023
5071-bedAED 1.18M · Aug 2023
5081-bedAED 1.17M · Aug 2023
1–7 of 11

502, District One Residences 04 in numbers

  • Sold 4 times: first on 21 May 2019 for AED 1,114,552, last on 3 April 2023 for AED 1,985,000 (AED 2,646 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 3 April 2023.

Questions about 502, District One Residences 04

What did unit 502 last sell for?

AED 1,985,000 on 3 April 2023: AED 2,646 per sqft for 750 sqft. The unit has 4 registered sales; the first was AED 1,114,552 in May 2019.

How big is unit 502?

750 sqft (69.7 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 502 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 502, District One Residences 04

Starts from the last sale price (AED 1.99M, 3 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,985,000
Deposit, UAE resident (20%)
AED 397,000
Deposit, non-resident (40%)
AED 794,000
Monthly over 25 years at 3.7%
AED 8,121

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