2-bed · 1,185 sqftDistrict One Residences 07, District One · 5th floor · completed 2023

502, District One Residences 07

Sold prices and rental history: sold twice, last in June 2024, 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 10 June 2024
Last soldAED 2.1M10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, District One Residences 07

What is 502 worth today?

Last sold for AED 2,095,680 in 2024

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10 Jun 2024SoldReady
AED 2,095,680AED 1,768 per sqft
3 Jun 2021Sold by developerOff-plan
AED 2,095,680AED 1,771 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
5th of 6
Parking
G-028
Developer
District One
Completed
2023
Service charge
AED 23,700 /yr
Last sold
AED 2.1M · June 2024

About 502, District One Residences 07

502 is a two-bedroom apartment of 1,185 sqft on the 5th floor of District One Residences 07, a 6-storey tower in District One completed in 2023 by District One. It last sold on 10 June 2024 for AED 2,095,680, or AED 1,768 per sqft, in line with the AED 1,819 two-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 two-bed in District One Residences 07
2M2.5M2021202320252027Typical sale price by year: 2021 AED 2,252,745; 2022 AED 2,486,426; 2023 AED 2,668,160; 2024 AED 2,800,000; 2026 AED 2,750,000Sold by developer, June 2021: AED 2,095,680 (AED 1,771 per sqft)Sold, June 2024: AED 2,095,680 (AED 1,768 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in District One Residences 07
140K160K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 170,000; 2026 AED 140,000

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 07, and where 502 sits

All 31 2-beds →

502 last sold in June 2024 at AED 1,768 per sqft, in line with what two-beds in District One Residences 07 were fetching at the time (AED 1,819). Over the last 12 months two-beds sold for AED 2,400,000 to 3,130,000, around AED 2,209 per sqft, and rent for AED 100,000 to 190,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
21 May 20263,130,000
16 May 20262,400,000
9 Feb 20262,750,000
19 Aug 20253,065,000
3 2-bed sales in the last 12 months

District One Residences 07

Building

62 apartments, 1-bed to 3-bed over 6 floors in District One, completed in 2023 by District One. 3 sold in the last 12 months.

Typical price per sqft
AED 2,209
Typical sale
AED 2.75M
Typical rent
AED 125K /yr
Typical yield
5.3%
District One Residences 07, District One: prices, sales and rents →

Other units on the 5th floor

All 62 units in District One Residences 07
Value
5011-bedAED 1.35M · Aug 2021
5033-bedAED 3.58M · Aug 2021
5042-bedAED 3.13M · May 2026
5052-bedAED 2.06M · Jun 2021
5061-bedAED 1.72M · May 2024
5071-bedAED 1.33M · May 2021
5081-bedAED 1.71M · Jun 2023
1–7 of 9

502, District One Residences 07 in numbers

  • Sold twice: first on 3 June 2021 for AED 2,095,680, last on 10 June 2024 for AED 2,095,680 (AED 1,768 per sqft).
  • Two-beds in District One Residences 07 sold for AED 2,400,000–3,130,000 in the 12 months to November 2026; the building's median across all types is AED 2,209 per sqft.

Source: Dubai Land Department. Updated 10 June 2024.

Questions about 502, District One Residences 07

What did unit 502 last sell for?

AED 2,095,680 on 10 June 2024: AED 1,768 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 2,095,680 in June 2021.

How big is unit 502?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2023.

What is unit 502 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 07 sold for AED 2,400,000 to 3,130,000 in the last 12 months, around AED 2,209 per sqft.

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Mortgage on 502, District One Residences 07

Starts from the last sale price (AED 2.1M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,095,680
Deposit, UAE resident (20%)
AED 419,136
Deposit, non-resident (40%)
AED 838,272
Monthly over 25 years at 3.7%
AED 8,574

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