2-bed · 1,288 sqftDistrict One Residences 12, District One · 7th floor · completed 2023

704, District One Residences 12

Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 2.2M1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, District One Residences 12

What is 704 worth today?

Last sold for AED 2,200,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2023SoldOff-plan
AED 2,200,000AED 1,708 per sqft
10 May 2020Sold by developerOff-plan
AED 2,137,379AED 1,659 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,288 sqft
Floor
7th of 16
Parking
1
Developer
District One
Completed
2023
Service charge
AED 25,800 /yr
Last sold
AED 2.2M · September 2023

About 704, District One Residences 12

704 is a two-bedroom apartment of 1,288 sqft on the 7th floor of District One Residences 12, a 16-storey tower in District One completed in 2023 by District One. It last sold on 1 September 2023 for AED 2,200,000, or AED 1,708 per sqft, 10% below the AED 1,889 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in District One Residences 12
2M3M2019202120232025Typical sale price by year: 2019 AED 2,129,944; 2020 AED 2,005,923; 2021 AED 2,278,885; 2022 AED 2,163,264; 2023 AED 2,600,000; 2024 AED 3,400,000; 2025 AED 2,787,500Sold by developer, May 2020: AED 2,137,379 (AED 1,659 per sqft)Sold, September 2023: AED 2,200,000 (AED 1,708 per sqft)

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

Rents
Unit 704, each contractTypical two-bed in District One Residences 12
150K175K200K2024202520262027Typical rent by year: 2024 AED 195,000; 2025 AED 167,268; 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 12, and where 704 sits

All 64 2-beds →

704 last sold in September 2023 at AED 1,708 per sqft, 10% below what two-beds in District One Residences 12 were fetching at the time (AED 1,889). Over the last 12 months two-beds sold for AED 2,500,000 to 3,250,000, around AED 2,345 per sqft, and rent for AED 120,000 to 195,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Aug 20263,250,000
9 Feb 20262,500,000
12 Nov 20252,775,000
29 Oct 20252,800,000
3 2-bed sales in the last 12 months

District One Residences 12

Building

159 apartments, 1-bed to 5-bed over 16 floors in District One, completed in 2023 by District One. 9 sold in the last 12 months.

Typical price per sqft
AED 2,149
Typical sale
AED 1.61M
Typical rent
AED 100K /yr
Typical yield
5.6%
District One Residences 12, District One: prices, sales and rents →
Value
7011-bedAED 1.65M · Dec 2023
7022-bedAED 2.53M · Jan 2025
7032-bedAED 2.15M · Feb 2020
7051-bedAED 1.19M · Aug 2019
7062-bedAED 2.02M · May 2020
7071-bedAED 1.43M · Jun 2023
7081-bedAED 1.26M · Jun 2021
1–7 of 10

704, District One Residences 12 in numbers

  • Sold twice: first on 10 May 2020 for AED 2,137,379, last on 1 September 2023 for AED 2,200,000 (AED 1,708 per sqft).
  • Two-beds in District One Residences 12 sold for AED 2,500,000–3,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,149 per sqft.

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 704, District One Residences 12

What did unit 704 last sell for?

AED 2,200,000 on 1 September 2023: AED 1,708 per sqft for 1,288 sqft. The unit has 2 registered sales; the first was AED 2,137,379 in May 2020.

How big is unit 704?

1,288 sqft (119.7 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2023.

What is unit 704 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 12 sold for AED 2,500,000 to 3,250,000 in the last 12 months, around AED 2,345 per sqft.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, District One Residences 12

Starts from the last sale price (AED 2.2M, 1 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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