509, District One Residences 06
Sold prices and rental history: sold once, by the developer in May 2020, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, District One Residences 06
What is 509 worth today?
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Source: Dubai Land Department. Updated 15 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,231 sqft
- Floor
- 5th of 6
- Parking
- 1
- Developer
- District One
- Completed
- 2023
- Service charge
- AED 24,600 /yr
- Last sold
- AED 2.07M · May 2020
- Building
- District One Residences 06
About 509, District One Residences 06
509 is a two-bedroom apartment of 1,231 sqft on the 5th floor of District One Residences 06, a 6-storey tower in District One completed in 2023 by District One. The developer sold it on 5 May 2020 for AED 2,067,291, or AED 1,679 per sqft, in line with the AED 1,682 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2024. The current contract, signed on 15 May 2024, is AED 165,000 a year: a gross yield of 8.0% on the 2020 price, before the service charge of about AED 24,600 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the two-bed median of each year in the building.
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 509 sits
All 29 2-beds →509 last sold in May 2020 at AED 1,679 per sqft, in line with what two-beds in District One Residences 06 were fetching at the time (AED 1,682). 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. 509's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 1,228 sqft | 2,550,000 | 2,076 | ||
| 27 Apr 202627 April 2026 | 1,223 sqft | 2,800,000 | 2,288 | ||
| 1 Apr 20261 April 2026 | 1,423 sqft | 3,050,000 | 2,143 | ||
| 4 Sep 20254 September 2025 | 1,413 sqft | 3,080,000 | 2,179 |
District One Residences 06
Building61 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%
Other units on the 5th floor
All 61 units in District One Residences 06| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 770 sqft | AED 1.71MAED 1,708,800 · Sep 2023September 2023 | ||
| 502 | 2-bed | 1,187 sqft | AED 3.1MAED 3,100,000 · Jan 2025January 2025 | ||
| 503 | 3-bed | 961 sqft | AED 5.3MAED 5,300,000 · Sep 2023September 2023 | ||
| 504 | 2-bed | 1,418 sqft | AED 3.65MAED 3,650,000 · Nov 2024November 2024 | 215,000 /yr | |
| 505 | 2-bed | 1,160 sqft | AED 2.65MAED 2,650,000 · Sep 2023September 2023 | ||
| 506 | 1-bed | 762 sqft | AED 1.31MAED 1,306,791 · May 2020May 2020 | ||
| 507 | 1-bed | 765 sqft | AED 1.29MAED 1,285,728 · May 2020May 2020 | 95,000 /yr | |
| 508 | 1-bed | 765 sqft | AED 1.31MAED 1,305,013 · Nov 2020November 2020 | 105,000 /yr | |
| 510 | 2-bed | 1,413 sqft | AED 3.06MAED 3,060,000 · Nov 2023November 2023 | 160,000 /yr |
509, District One Residences 06 in numbers
- Sold once: by District One on 5 May 2020 for AED 2,067,291, or AED 1,679 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2020 price is 8.0%, before a service charge of about AED 24,600 a year (AED 20.00 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 May 2024.
Questions about 509, District One Residences 06
What did unit 509 last sell for?
AED 2,067,291 on 5 May 2020, sold by the developer: AED 1,679 per sqft for 1,231 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 165,000 a year on the contract signed on 15 May 2024.
How big is unit 509?
1,231 sqft (114.4 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2023.
What is unit 509 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 509, District One Residences 06
Starts from the last sale price (AED 2.07M, 5 May 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,067,291
- Deposit, UAE resident (20%)
- AED 413,458
- Deposit, non-resident (40%)
- AED 826,916
- Monthly over 25 years at 3.7%
- AED 8,458
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →