1-bed · 741 sqftDistrict One Residences 16, District One · 3rd floor · completed 2019

308, District One Residences 16

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.22M17 July 2018
Current rentAED 100K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, District One Residences 16

What is 308 worth today?

Last sold for AED 1,216,794 in 2018

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20 Aug 2026RentedRenewal
AED 100,000/yr12 months · AED 133 per sqft
15 Feb 2026RentedRenewal
AED 95,000/yr12 months · AED 126 per sqft
20 Aug 2025RentedNew contract
AED 115,000/yr12 months · AED 153 per sqft
15 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 146 per sqft
15 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 146 per sqft
17 Jul 2018Sold by developerOff-plan
AED 1,216,794AED 1,641 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
1-bed apartment
Size
741 sqft
Floor
3rd of 8
Parking
1
Developer
District One
Completed
2019
Service charge
AED 14,800 /yr
Last sold
AED 1.22M · July 2018

About 308, District One Residences 16

308 is a one-bedroom apartment of 741 sqft on the 3rd floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 17 July 2018 for AED 1,216,794, or AED 1,641 per sqft, in line with the AED 1,609 one-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 5 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 100,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 14,800 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in District One Residences 16
1.2M1.4M1.6M2018202020222024Typical sale price by year: 2018 AED 1,216,794; 2019 AED 1,223,837; 2020 AED 1,223,834; 2021 AED 1,326,028; 2022 AED 1,350,000; 2023 AED 1,600,000; 2024 AED 1,565,000Sold by developer, July 2018: AED 1,216,794 (AED 1,641 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in District One Residences 16
100K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 104,098; 2026 AED 90,000New contract, February 2025: AED 110,000 a yearNew contract, February 2025: AED 110,000 a yearNew contract, August 2025: AED 115,000 a yearRenewal, February 2026: AED 95,000 a yearRenewal, August 2026: 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 16, and where 308 sits

All 77 1-beds →

308 last sold in July 2018 at AED 1,641 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,609). Over the last 12 months one-beds sold for AED 1,425,000 to 2,020,000, around AED 2,310 per sqft, and rent for AED 70,000 to 160,000 a year. 308's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,425,000
9 Jun 20262,020,000
29 May 20251,300,000
24 Jan 20251,620,000
2 1-bed sales in the last 12 months

District One Residences 16

Building

95 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%
District One Residences 16, District One: prices, sales and rents →

Other units on the 3rd floor

All 95 units in District One Residences 16
Value
3011-bedAED 1.55M · Jan 2024
3021-bedAED 1.55M · Jan 2024
3031-bedAED 1.55M · Jan 2024
3041-bedAED 1.22M · Aug 2019
3051-bedAED 1.38M · Jan 2023
3063-bedAED 3.25M · Sep 2026
3072-bedAED 3.9M · Nov 2024
1–7 of 11

308, District One Residences 16 in numbers

  • Sold once: by District One on 17 July 2018 for AED 1,216,794, or AED 1,641 per sqft.
  • Rented since February 2025 on 5 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 14,800 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 16 sold for AED 1,425,000–2,020,000 in the 12 months to November 2026; the building's median across all types is AED 2,049 per sqft.

Source: Dubai Land Department. Updated 20 August 2026.

Questions about 308, District One Residences 16

What did unit 308 last sell for?

AED 1,216,794 on 17 July 2018, sold by the developer: AED 1,641 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 100,000 a year on the contract renewed on 20 August 2026. The previous contract, from February 2026, was AED 95,000; the unit has been rented since February 2025.

How big is unit 308?

741 sqft (68.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.

What is unit 308 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 16 sold for AED 1,425,000 to 2,020,000 in the last 12 months, around AED 2,310 per sqft.

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Mortgage on 308, District One Residences 16

Starts from the last sale price (AED 1.22M, 17 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,216,794
Deposit, UAE resident (20%)
AED 243,359
Deposit, non-resident (40%)
AED 486,718
Monthly over 25 years at 3.7%
AED 4,978

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