2-bed · 2,122 sqftDistrict One Residences 07, District One · Ground floor · completed 2023

G04, District One Residences 07

Sold prices and rental history: sold twice, last in March 2024, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 3.86M20 March 2024
Current rentAED 450K /yr22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, District One Residences 07

What is G04 worth today?

Last sold for AED 3,860,000 in 2024

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22 Oct 2024RentedNew contract
AED 450,000/yr12 months · AED 212 per sqft
20 Mar 2024SoldReady
AED 3,860,000AED 1,819 per sqft
13 Apr 2022Sold by developerOff-plan
AED 3,857,640AED 1,854 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
2-bed apartment
Size
2,122 sqft
Floor
Ground of 6
Parking
G-024
Developer
District One
Completed
2023
Service charge
AED 42,400 /yr
Last sold
AED 3.86M · March 2024

About G04, District One Residences 07

G04 is a two-bedroom apartment of 2,122 sqft on the ground floor of District One Residences 07, a 6-storey tower in District One completed in 2023 by District One. It last sold on 20 March 2024 for AED 3,860,000, or AED 1,819 per sqft, in line with the AED 1,791 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 October 2024. The current contract, signed on 22 October 2024, is AED 450,000 a year: a gross yield of 11.7% on the 2024 price, before the service charge of about AED 42,400 a year.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical two-bed in District One Residences 07
2M3M4M2021202320252027Typical 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, April 2022: AED 3,857,640 (AED 1,854 per sqft)Sold, March 2024: AED 3,860,000 (AED 1,819 per sqft)

G04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G04, each contractTypical two-bed in District One Residences 07
200K400K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 170,000; 2026 AED 140,000New contract, October 2024: AED 450,000 a year

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 G04 sits

All 31 2-beds →

G04 last sold in March 2024 at AED 1,819 per sqft, in line with what two-beds in District One Residences 07 were fetching at the time (AED 1,791). 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. G04's AED 450,000 is at the top of that range.

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 ground floor

All 62 units in District One Residences 07
Value
G011-bedAED 1.83M · May 2021
G022-bedAED 2.7M · Apr 2022
G033-bedAED 4.76M · May 2021
G052-bedAED 3.31M · Jul 2024
G061-bedAED 1.79M · Jun 2021

G04, District One Residences 07 in numbers

  • Sold twice: first on 13 April 2022 for AED 3,857,640, last on 20 March 2024 for AED 3,860,000 (AED 1,819 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2024 price is 11.7%, before a service charge of about AED 42,400 a year (AED 20.00 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 22 October 2024.

Questions about G04, District One Residences 07

What did unit G04 last sell for?

AED 3,860,000 on 20 March 2024: AED 1,819 per sqft for 2,122 sqft. The unit has 2 registered sales; the first was AED 3,857,640 in April 2022.

What is the rent for unit G04?

AED 450,000 a year on the contract signed on 22 October 2024.

How big is unit G04?

2,122 sqft (197.1 sqm): a two-bedroom apartment on the ground floor of a 6-storey tower completed in 2023.

What is unit G04 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 G04, District One Residences 07

Starts from the last sale price (AED 3.86M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,860,000
Deposit, UAE resident (20%)
AED 772,000
Deposit, non-resident (40%)
AED 1,544,000
Monthly over 25 years at 3.7%
AED 15,792

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