1-bed · 767 sqftDistrict One Residences 15, District One · 5th floor · completed 2022

508, District One Residences 15

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 12 November 2024
Last soldAED 1.28M13 February 2020
Current rentAED 110K /yr12 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, District One Residences 15

What is 508 worth today?

Last sold for AED 1,276,867 in 2020

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12 Nov 2024RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft
13 Feb 2020Sold by developerOff-plan
AED 1,276,867AED 1,679 per sqft

Source: Dubai Land Department. Updated 12 November 2024.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
5th of 8
Parking
L1-0137
Developer
District One
Completed
2022
Service charge
AED 15,300 /yr
Last sold
AED 1.28M · February 2020

About 508, District One Residences 15

508 is a one-bedroom apartment of 767 sqft on the 5th floor of District One Residences 15, a 8-storey tower in District One completed in 2022 by District One. The developer sold it on 13 February 2020 for AED 1,276,867, or AED 1,679 per sqft, in line with the AED 1,679 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 November 2024. The current contract, signed on 12 November 2024, is AED 110,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 15,300 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, February 2020: AED 1,276,867 (AED 1,679 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in District One Residences 15
90K100K110K2024202520262027Typical rent by year: 2024 AED 105,000; 2025 AED 103,376; 2026 AED 90,000New contract, November 2024: AED 110,000 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 508 sits

All 77 1-beds →

508 last sold in February 2020 at AED 1,679 per sqft, in line with what one-beds in District One Residences 15 were fetching at the time (AED 1,679). 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. 508's AED 110,000 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
5061-bedAED 1.43M · May 2023
5071-bedAED 1.75M · Sep 2024
1–7 of 11

508, District One Residences 15 in numbers

  • Sold once: by District One on 13 February 2020 for AED 1,276,867, or AED 1,679 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 15,300 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 12 November 2024.

Questions about 508, District One Residences 15

What did unit 508 last sell for?

AED 1,276,867 on 13 February 2020, sold by the developer: AED 1,679 per sqft for 767 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 110,000 a year on the contract signed on 12 November 2024.

How big is unit 508?

767 sqft (71.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2022.

What is unit 508 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 508, District One Residences 15

Starts from the last sale price (AED 1.28M, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,276,867
Deposit, UAE resident (20%)
AED 255,373
Deposit, non-resident (40%)
AED 510,747
Monthly over 25 years at 3.7%
AED 5,224

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