2-bed · 1,160 sqftDistrict One Residences 06, District One · 5th floor · completed 2023

505, District One Residences 06

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

Unit 505 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 2.65M15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, District One Residences 06

What is 505 worth today?

Last sold for AED 2,650,000 in 2023

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15 Sep 2023SoldOff-plan
AED 2,650,000AED 2,283 per sqft
8 Jun 2020Sold by developerOff-plan
AED 2,030,423AED 1,749 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Floor
5th of 6
Parking
G-031
Developer
District One
Completed
2023
Service charge
AED 23,200 /yr
Last sold
AED 2.65M · September 2023

About 505, District One Residences 06

505 is a two-bedroom apartment of 1,160 sqft on the 5th floor of District One Residences 06, a 6-storey tower in District One completed in 2023 by District One. It last sold on 15 September 2023 for AED 2,650,000, or AED 2,283 per sqft, 12% above the AED 2,031 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in District One Residences 06
2M2.5M3M2020202220242026Typical sale price by year: 2020 AED 2,153,475; 2023 AED 2,600,000; 2024 AED 2,920,000; 2025 AED 3,100,000; 2026 AED 2,800,000Sold by developer, June 2020: AED 2,030,423 (AED 1,749 per sqft)Sold, September 2023: AED 2,650,000 (AED 2,283 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in District One Residences 06
160K180K2024202520262027Typical rent by year: 2024 AED 187,500; 2025 AED 190,000; 2026 AED 158,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in District One Residences 06, and where 505 sits

All 29 2-beds →

505 last sold in September 2023 at AED 2,283 per sqft, 12% above what two-beds in District One Residences 06 were fetching at the time (AED 2,031). Over the last 12 months two-beds sold for AED 2,550,000 to 3,050,000, around AED 2,143 per sqft, and rent for AED 110,769 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20262,550,000
27 Apr 20262,800,000
1 Apr 20263,050,000
4 Sep 20253,080,000
3 2-bed sales in the last 12 months

District One Residences 06

Building

61 apartments, 1-bed to 5-bed over 6 floors in District One, completed in 2023 by District One. 4 sold in the last 12 months.

Typical price per sqft
AED 2,174
Typical sale
AED 2.93M
Typical rent
AED 153K /yr
Typical yield
5.7%
District One Residences 06, District One: prices, sales and rents →

Other units on the 5th floor

All 61 units in District One Residences 06
Value
5011-bedAED 1.71M · Sep 2023
5022-bedAED 3.1M · Jan 2025
5033-bedAED 5.3M · Sep 2023
5042-bedAED 3.65M · Nov 2024
5061-bedAED 1.31M · May 2020
5071-bedAED 1.29M · May 2020
5081-bedAED 1.31M · Nov 2020
1–7 of 9

505, District One Residences 06 in numbers

  • Sold twice: first on 8 June 2020 for AED 2,030,423, last on 15 September 2023 for AED 2,650,000 (AED 2,283 per sqft).
  • Two-beds in District One Residences 06 sold for AED 2,550,000–3,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,174 per sqft.

Source: Dubai Land Department. Updated 15 September 2023.

Questions about 505, District One Residences 06

What did unit 505 last sell for?

AED 2,650,000 on 15 September 2023: AED 2,283 per sqft for 1,160 sqft. The unit has 2 registered sales; the first was AED 2,030,423 in June 2020.

How big is unit 505?

1,160 sqft (107.8 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2023.

What is unit 505 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 06 sold for AED 2,550,000 to 3,050,000 in the last 12 months, around AED 2,143 per sqft.

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Mortgage on 505, District One Residences 06

Starts from the last sale price (AED 2.65M, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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