2-bed · 1,308 sqftDistrict One Residences 05, District One · 4th floor · completed 2022

407, District One Residences 05

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

Unit 407 · DLD and Ejari recordsUpdated 4 May 2023
Last soldAED 2.6M4 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, District One Residences 05

What is 407 worth today?

Last sold for AED 2,600,000 in 2023

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4 May 2023SoldReady
AED 2,600,000AED 1,987 per sqft
25 Jul 2018Sold by developerOff-plan
AED 2,083,434AED 1,621 per sqft

Source: Dubai Land Department. Updated 4 May 2023.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
4th of 6
Parking
L1-0137
Developer
District One
Completed
2022
Service charge
AED 26,200 /yr
Last sold
AED 2.6M · May 2023

About 407, District One Residences 05

407 is a two-bedroom apartment of 1,308 sqft on the 4th floor of District One Residences 05, a 6-storey tower in District One completed in 2022 by District One. It last sold on 4 May 2023 for AED 2,600,000, or AED 1,987 per sqft, in line with the AED 1,987 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in District One Residences 05
2M2.5M3M2018202020222024Typical sale price by year: 2018 AED 2,083,434; 2023 AED 3,100,000Sold by developer, July 2018: AED 2,083,434 (AED 1,621 per sqft)Sold, May 2023: AED 2,600,000 (AED 1,987 per sqft)

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

2-beds in District One Residences 05, and where 407 sits

All 7 2-beds →

407 last sold in May 2023 at AED 1,987 per sqft, in line with what two-beds in District One Residences 05 were fetching at the time (AED 1,987). Over the last 12 months two-beds sold for AED 2,500,000 to 3,550,000, around AED 2,310 per sqft, and rent for AED 150,000 to 185,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20262,500,000
25 Feb 20263,550,000
27 Feb 20242,935,000
13 Jul 20233,350,000
2 2-bed sales in the last 12 months

District One Residences 05

Building

73 apartments, 1-bed to 3-bed over 6 floors in District One, completed in 2022 by District One. 6 sold in the last 12 months.

Typical price per sqft
AED 2,156
Typical sale
AED 1.77M
Typical rent
AED 99K /yr
Typical yield
5.8%
District One Residences 05, District One: prices, sales and rents →

Other units on the 4th floor

All 73 units in District One Residences 05
Value
4011-bedAED 1.23M · Oct 2018
4021-bedAED 1.63M · Oct 2024
4031-bedAED 1.2M · Aug 2019
4041-bedAED 1.6M · May 2023
4051-bedAED 1.22M · Jul 2018
4063-bedAED 4.7M · Jun 2023
4081-bedAED 1.67M · Mar 2023
1–7 of 11

407, District One Residences 05 in numbers

  • Sold twice: first on 25 July 2018 for AED 2,083,434, last on 4 May 2023 for AED 2,600,000 (AED 1,987 per sqft).
  • Two-beds in District One Residences 05 sold for AED 2,500,000–3,550,000 in the 12 months to November 2026; the building's median across all types is AED 2,156 per sqft.

Source: Dubai Land Department. Updated 4 May 2023.

Questions about 407, District One Residences 05

What did unit 407 last sell for?

AED 2,600,000 on 4 May 2023: AED 1,987 per sqft for 1,308 sqft. The unit has 2 registered sales; the first was AED 2,083,434 in July 2018.

How big is unit 407?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2022.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in District One Residences 05 sold for AED 2,500,000 to 3,550,000 in the last 12 months, around AED 2,310 per sqft.

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Mortgage on 407, District One Residences 05

Starts from the last sale price (AED 2.6M, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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