2-bed · 1,322 sqftDistrict One Residences 11, District One · 5th floor · completed 2023

505, District One Residences 11

Sold prices and rental history: sold twice, last in November 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 23 November 2023
Last soldAED 2.6M23 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, District One Residences 11

What is 505 worth today?

Last sold for AED 2,600,000 in 2023

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23 Nov 2023SoldOff-plan
AED 2,600,000AED 1,966 per sqft
3 Mar 2021Sold by developerOff-plan
AED 2,318,230AED 1,753 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
2-bed apartment
Size
1,322 sqft
Floor
5th of 18
Parking
1
Developer
District One
Completed
2023
Service charge
AED 26,400 /yr
Last sold
AED 2.6M · November 2023

About 505, District One Residences 11

505 is a two-bedroom apartment of 1,322 sqft on the 5th floor of District One Residences 11, a 18-storey tower in District One completed in 2023 by District One. It last sold on 23 November 2023 for AED 2,600,000, or AED 1,966 per sqft, 5% above the AED 1,874 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 11
2.5M3M2021202320252027Typical sale price by year: 2021 AED 2,329,007; 2022 AED 2,400,000; 2023 AED 2,600,000; 2024 AED 3,184,400; 2025 AED 2,700,000; 2026 AED 2,500,000Sold by developer, March 2021: AED 2,318,230 (AED 1,753 per sqft)Sold, November 2023: AED 2,600,000 (AED 1,966 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 11
160K163K165K2024202520262027Typical rent by year: 2024 AED 165,000; 2025 AED 160,000; 2026 AED 160,000

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 11, and where 505 sits

All 66 2-beds →

505 last sold in November 2023 at AED 1,966 per sqft, 5% above what two-beds in District One Residences 11 were fetching at the time (AED 1,874). Over the last 12 months two-beds sold for AED 2,475,000 to 3,400,000, around AED 2,138 per sqft, and rent for AED 128,000 to 300,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Oct 20263,400,000
19 Aug 20262,475,000
19 Jun 20262,500,000
17 Jul 20252,000,000
3 2-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 →
Value
5012-bedAED 2.25M · Feb 2021
5023-bedAED 3.83M · Feb 2021
5033-bedAED 4.67M · Feb 2021
5043-bedAED 3.7M · Jun 2021
5062-bedAED 2.97M · Mar 2021
5072-bedAED 2.52M · Aug 2021
5081-bedAED 2.23M · Mar 2023

505, District One Residences 11 in numbers

  • Sold twice: first on 3 March 2021 for AED 2,318,230, last on 23 November 2023 for AED 2,600,000 (AED 1,966 per sqft).
  • Two-beds in District One Residences 11 sold for AED 2,475,000–3,400,000 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 23 November 2023.

Questions about 505, District One Residences 11

What did unit 505 last sell for?

AED 2,600,000 on 23 November 2023: AED 1,966 per sqft for 1,322 sqft. The unit has 2 registered sales; the first was AED 2,318,230 in March 2021.

How big is unit 505?

1,322 sqft (122.8 sqm): a two-bedroom apartment on the 5th floor of a 18-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 11 sold for AED 2,475,000 to 3,400,000 in the last 12 months, around AED 2,138 per sqft.

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Mortgage on 505, District One Residences 11

Starts from the last sale price (AED 2.6M, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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