307, District One Residences 16
Sold prices and rental history: sold 3 times, last in November 2024, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, District One Residences 16
What is 307 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,289 sqft
- Floor
- 3rd of 8
- Parking
- L2-0216
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 25,800 /yr
- Last sold
- AED 3.9M · November 2024
- Building
- District One Residences 16
About 307, District One Residences 16
307 is a two-bedroom apartment of 1,289 sqft on the 3rd floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 12 November 2024 for AED 3,900,000, or AED 3,025 per sqft, 9% above the AED 2,781 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 June 2023. The current contract, signed on 12 June 2023, is AED 220,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 25,800 a year.
Sales and rents for 307 over time
307 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 16, and where 307 sits
All 9 2-beds →307 last sold in November 2024 at AED 3,025 per sqft, 9% above what two-beds in District One Residences 16 were fetching at the time (AED 2,781).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Nov 202412 November 2024 | 1,289 sqft | 3,720,000 | 2,885 | ||
| 19 Mar 202419 March 2024 | 1,289 sqft | 3,450,000 | 2,676 | ||
| 12 Feb 202412 February 2024 | 2,091 sqft | 4,400,000 | 2,104 | ||
| 18 May 202318 May 2023 | 1,289 sqft | 3,550,000 | 2,754 |
District One Residences 16
Building95 apartments, 1-bed to 3-bed over 8 floors in District One, completed in 2019 by District One. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,049
- Typical sale
- AED 2M
- Typical rent
- AED 95K /yr
- Typical yield
- 5.9%
Other units on the 3rd floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 774 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | 92,000 /yr | |
| 302 | 1-bed | 767 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | ||
| 303 | 1-bed | 767 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | ||
| 304 | 1-bed | 749 sqft | AED 1.22MAED 1,216,349 · Aug 2019August 2019 | 70,000 /yr | |
| 305 | 1-bed | 778 sqft | AED 1.38MAED 1,375,000 · Jan 2023January 2023 | 100,000 /yr | |
| 306 | 3-bed | 1,779 sqft | AED 3.25MAED 3,250,000 · Sep 2026September 2026 | 280,000 /yr | |
| 308 | 1-bed | 741 sqft | AED 1.22MAED 1,216,794 · Jul 2018July 2018 | 100,000 /yr | |
| 309 | 1-bed | 745 sqft | AED 1.5MAED 1,500,000 · Oct 2023October 2023 | 80,000 /yr | |
| 310 | 1-bed | 752 sqft | AED 1.2MAED 1,203,037 · Jul 2018July 2018 | 105,000 /yr | |
| 311 | 1-bed | 765 sqft | AED 1.22MAED 1,223,986 · Feb 2020February 2020 | ||
| 312 | 1-bed | 769 sqft | AED 1.23MAED 1,230,358 · Feb 2020February 2020 | 100,000 /yr |
307, District One Residences 16 in numbers
- Sold 3 times: first on 25 July 2018 for AED 2,082,300, last on 12 November 2024 for AED 3,900,000 (AED 3,025 per sqft).
- Rented since June 2023 on one Ejari contract, at AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 25,800 a year (AED 20.00 per sqft).
Source: Dubai Land Department. Updated 12 November 2024.
Questions about 307, District One Residences 16
What did unit 307 last sell for?
AED 3,900,000 on 12 November 2024: AED 3,025 per sqft for 1,289 sqft. The unit has 3 registered sales; the first was AED 2,082,300 in July 2018.
What is the rent for unit 307?
AED 220,000 a year on the contract signed on 12 June 2023.
How big is unit 307?
1,289 sqft (119.8 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.
What is unit 307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 307? 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.
Mortgage on 307, District One Residences 16
Starts from the last sale price (AED 3.9M, 12 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,900,000
- Deposit, UAE resident (20%)
- AED 780,000
- Deposit, non-resident (40%)
- AED 1,560,000
- Monthly over 25 years at 3.7%
- AED 15,956
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →