1-bed · 760 sqftDistrict One Residences 14, District One · 5th floor · completed 2023

506, District One Residences 14

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

Unit 506 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 1.63M3 June 2024
Current rentAED 90K /yr11 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, District One Residences 14

What is 506 worth today?

Last sold for AED 1,630,000 in 2024

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11 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
3 Jun 2024SoldReady
AED 1,630,000AED 2,144 per sqft
24 Dec 2018Sold by developerOff-plan
AED 1,161,832AED 1,618 per sqft

Source: Dubai Land Department. Updated 11 September 2024.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
5th of 12
Parking
L3-0310
Developer
District One
Completed
2023
Service charge
AED 15,200 /yr
Last sold
AED 1.63M · June 2024

About 506, District One Residences 14

506 is a one-bedroom apartment of 760 sqft on the 5th floor of District One Residences 14, a 12-storey tower in District One completed in 2023 by District One. It last sold on 3 June 2024 for AED 1,630,000, or AED 2,144 per sqft, in line with the AED 2,121 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 September 2024. The current contract, signed on 11 September 2024, is AED 90,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 15,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in District One Residences 14
1.25M1.5M2018202120242027Typical sale price by year: 2018 AED 1,216,989; 2019 AED 1,213,808; 2020 AED 1,264,932; 2021 AED 1,377,876; 2022 AED 1,275,000; 2023 AED 1,491,500; 2024 AED 1,650,000; 2025 AED 1,652,500; 2026 AED 1,425,000Sold by developer, December 2018: AED 1,161,832 (AED 1,618 per sqft)Sold, June 2024: AED 1,630,000 (AED 2,144 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in District One Residences 14
90K100K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 100,000; 2026 AED 90,000New contract, September 2024: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in District One Residences 14, and where 506 sits

All 98 1-beds →

506 last sold in June 2024 at AED 2,144 per sqft, in line with what one-beds in District One Residences 14 were fetching at the time (AED 2,121). Over the last 12 months one-beds sold for AED 700,000 to 1,667,000, around AED 1,850 per sqft, and rent for AED 64,000 to 130,000 a year. 506's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,667,000
16 Oct 20261,400,000
18 Sep 20261,300,000
14 Aug 20261,450,000
11 1-bed sales in the last 12 months

District One Residences 14

Building

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

Typical price per sqft
AED 1,886 Down 20.0%
Typical sale
AED 1.43M
Typical rent
AED 100K /yr
Typical yield
6.2%
District One Residences 14, District One: prices, sales and rents →
Value
5011-bedAED 1.22M · May 2019
5021-bedAED 1.5M · Jun 2023
5031-bedAED 1.5M · Apr 2023
5042-bedAED 4M · Feb 2024
5052-bedAED 3.07M · Jul 2024
5072-bedAED 2.78M · May 2025
5081-bedAED 1.26M · Jun 2020
1–7 of 11

506, District One Residences 14 in numbers

  • Sold twice: first on 24 December 2018 for AED 1,161,832, last on 3 June 2024 for AED 1,630,000 (AED 2,144 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 15,200 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 14 sold for AED 700,000–1,667,000 in the 12 months to November 2026; the building's median across all types is AED 1,886 per sqft.

Source: Dubai Land Department. Updated 11 September 2024.

Questions about 506, District One Residences 14

What did unit 506 last sell for?

AED 1,630,000 on 3 June 2024: AED 2,144 per sqft for 760 sqft. The unit has 2 registered sales; the first was AED 1,161,832 in December 2018.

What is the rent for unit 506?

AED 90,000 a year on the contract signed on 11 September 2024.

How big is unit 506?

760 sqft (70.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2023.

What is unit 506 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 14 sold for AED 700,000 to 1,667,000 in the last 12 months, around AED 1,850 per sqft.

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Mortgage on 506, District One Residences 14

Starts from the last sale price (AED 1.63M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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