1-bed · 785 sqftDistrict One Residences 15, District One · 5th floor · completed 2022

506, District One Residences 15

Sold prices and rental history: sold twice, last in May 2023, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 1.43M3 May 2023
Current rentAED 100K /yr30 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, District One Residences 15

What is 506 worth today?

Last sold for AED 1,430,000 in 2023

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30 Dec 2024RentedNew contract
AED 100,000/yr12 months · AED 129 per sqft
3 May 2023SoldOff-plan
AED 1,430,000AED 1,820 per sqft
4 Dec 2019Sold by developerOff-plan
AED 1,264,389AED 1,609 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
1-bed apartment
Size
785 sqft
Floor
5th of 8
Parking
L2-0218
Developer
District One
Completed
2022
Service charge
AED 15,700 /yr
Last sold
AED 1.43M · May 2023

About 506, District One Residences 15

506 is a one-bedroom apartment of 785 sqft on the 5th floor of District One Residences 15, a 8-storey tower in District One completed in 2022 by District One. It last sold on 3 May 2023 for AED 1,430,000, or AED 1,820 per sqft, 7% above the AED 1,703 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 December 2024. The current contract, signed on 30 December 2024, is AED 100,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 15,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in District One Residences 15
1.2M1.4M1.6M20192021202320252027Typical sale price by year: 2019 AED 1,266,524; 2020 AED 1,277,048; 2022 AED 1,270,000; 2023 AED 1,500,000; 2024 AED 1,700,000; 2025 AED 1,687,500; 2026 AED 1,525,000Sold by developer, December 2019: AED 1,264,389 (AED 1,609 per sqft)Sold, May 2023: AED 1,430,000 (AED 1,820 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 15
90K100K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 103,376; 2026 AED 90,000New contract, December 2024: AED 100,000 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 15, and where 506 sits

All 77 1-beds →

506 last sold in May 2023 at AED 1,820 per sqft, 7% above what one-beds in District One Residences 15 were fetching at the time (AED 1,703). Over the last 12 months one-beds sold for AED 1,420,000 to 1,825,000, around AED 1,984 per sqft, and rent for AED 50,000 to 135,000 a year. 506's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,485,000
18 Sep 20261,500,000
27 Jul 20261,420,000
9 Jul 20261,825,000
8 1-bed sales in the last 12 months

District One Residences 15

Building

95 apartments, 1-bed to 3-bed over 8 floors in District One, completed in 2022 by District One. 12 sold in the last 12 months.

Typical price per sqft
AED 2,012 Up 15.3%
Typical sale
AED 1.59M
Typical rent
AED 95K /yr
Typical yield
6.2%
District One Residences 15, District One: prices, sales and rents →

Other units on the 5th floor

All 95 units in District One Residences 15
Value
5011-bedAED 1.28M · Dec 2019
5021-bedAED 1.62M · Jan 2026
5031-bedAED 1.63M · Aug 2025
5042-bedAED 2.11M · Jan 2020
5053-bedAED 3.68M · Sep 2022
5071-bedAED 1.75M · Sep 2024
5081-bedAED 1.28M · Feb 2020
1–7 of 11

506, District One Residences 15 in numbers

  • Sold twice: first on 4 December 2019 for AED 1,264,389, last on 3 May 2023 for AED 1,430,000 (AED 1,820 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 15,700 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 15 sold for AED 1,420,000–1,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,012 per sqft.

Source: Dubai Land Department. Updated 30 December 2024.

Questions about 506, District One Residences 15

What did unit 506 last sell for?

AED 1,430,000 on 3 May 2023: AED 1,820 per sqft for 785 sqft. The unit has 2 registered sales; the first was AED 1,264,389 in December 2019.

What is the rent for unit 506?

AED 100,000 a year on the contract signed on 30 December 2024.

How big is unit 506?

785 sqft (72.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2022.

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 15 sold for AED 1,420,000 to 1,825,000 in the last 12 months, around AED 1,984 per sqft.

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Mortgage on 506, District One Residences 15

Starts from the last sale price (AED 1.43M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

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