1-bed · 857 sqftDistrict One Residences 11, District One · 13th floor · completed 2023

1308, District One Residences 11

Sold prices and rental history: sold once, by the developer in February 2021, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 1.51M24 February 2021
Current rentAED 150K /yr19 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, District One Residences 11

What is 1308 worth today?

Last sold for AED 1,512,763 in 2021

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19 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 174 per sqft
24 Feb 2021Sold by developerOff-plan
AED 1,512,763AED 1,765 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
13th of 18
Parking
1
Developer
District One
Completed
2023
Service charge
AED 17,100 /yr
Last sold
AED 1.51M · February 2021

About 1308, District One Residences 11

1308 is a one-bedroom apartment of 857 sqft on the 13th floor of District One Residences 11, a 18-storey tower in District One completed in 2023 by District One. The developer sold it on 24 February 2021 for AED 1,512,763, or AED 1,765 per sqft, in line with the AED 1,752 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 June 2024. The current contract, signed on 19 June 2024, is AED 150,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 17,100 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical one-bed in District One Residences 11
1.5M1.6M1.7M202120232025Typical sale price by year: 2021 AED 1,507,841; 2023 AED 1,585,000; 2024 AED 1,700,000; 2025 AED 1,650,000Sold by developer, February 2021: AED 1,512,763 (AED 1,765 per sqft)

1308 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in District One Residences 11, and where 1308 sits

All 17 1-beds →

1308 last sold in February 2021 at AED 1,765 per sqft, in line with what one-beds in District One Residences 11 were fetching at the time (AED 1,752). Over the last 12 months one-beds sold for AED 1,825,000 to 1,900,000, around AED 2,170 per sqft, and rent for AED 78,210 to 140,000 a year. 1308's AED 150,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,825,000
21 Nov 20251,900,000
24 Oct 20251,356,204
30 Sep 20251,650,000
2 1-bed sales in the last 12 months

District One Residences 11

Building

130 apartments, 1-bed to 4-bed over 18 floors in District One, completed in 2023 by District One. 7 sold in the last 12 months.

Typical price per sqft
AED 2,138
Typical sale
AED 2.5M
Typical rent
AED 171K /yr
Typical yield
6.0%
District One Residences 11, District One: prices, sales and rents →

Other units on the 13th floor

All 130 units in District One Residences 11
Value
13012-bedAED 2.28M · Mar 2021
13023-bedAED 3.72M · Feb 2021
13033-bedAED 5.42M · Nov 2023
13043-bedAED 4.4M · Aug 2024
13052-bedAED 2.07M · Feb 2021
13062-bedAED 2.61M · Mar 2021
13072-bedAED 2.7M · Oct 2023

1308, District One Residences 11 in numbers

  • Sold once: by District One on 24 February 2021 for AED 1,512,763, or AED 1,765 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 17,100 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 11 sold for AED 1,825,000–1,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,138 per sqft.

Source: Dubai Land Department. Updated 19 June 2024.

Questions about 1308, District One Residences 11

What did unit 1308 last sell for?

AED 1,512,763 on 24 February 2021, sold by the developer: AED 1,765 per sqft for 857 sqft. It is the only registered sale of the unit.

What is the rent for unit 1308?

AED 150,000 a year on the contract signed on 19 June 2024.

How big is unit 1308?

857 sqft (79.6 sqm): a one-bedroom apartment on the 13th floor of a 18-storey tower completed in 2023.

What is unit 1308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in District One Residences 11 sold for AED 1,825,000 to 1,900,000 in the last 12 months, around AED 2,170 per sqft.

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Mortgage on 1308, District One Residences 11

Starts from the last sale price (AED 1.51M, 24 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,512,763
Deposit, UAE resident (20%)
AED 302,553
Deposit, non-resident (40%)
AED 605,105
Monthly over 25 years at 3.7%
AED 6,189

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