1-bed · 765 sqftDistrict One Residences 16, District One · 3rd floor · completed 2019

311, District One Residences 16

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 10 February 2020
Last soldAED 1.22M10 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, District One Residences 16

What is 311 worth today?

Last sold for AED 1,223,986 in 2020

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10 Feb 2020Sold by developerOff-plan
AED 1,223,986AED 1,599 per sqft

Source: Dubai Land Department. Updated 10 February 2020.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
3rd of 8
Parking
1
Developer
District One
Completed
2019
Service charge
AED 15,300 /yr
Last sold
AED 1.22M · February 2020

About 311, District One Residences 16

311 is a one-bedroom apartment of 765 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 10 February 2020 for AED 1,223,986, or AED 1,599 per sqft, in line with the AED 1,624 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 311 over time

Sales
Unit 311, 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, February 2020: AED 1,223,986 (AED 1,599 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in District One Residences 16
90K100K110K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 104,098; 2026 AED 90,000

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 311 sits

All 77 1-beds →

311 last sold in February 2020 at AED 1,599 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,624). 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.

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

311, District One Residences 16 in numbers

  • Sold once: by District One on 10 February 2020 for AED 1,223,986, or AED 1,599 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 10 February 2020.

Questions about 311, District One Residences 16

What did unit 311 last sell for?

AED 1,223,986 on 10 February 2020, sold by the developer: AED 1,599 per sqft for 765 sqft. It is the only registered sale of the unit.

How big is unit 311?

765 sqft (71.1 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.

What is unit 311 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 311, District One Residences 16

Starts from the last sale price (AED 1.22M, 10 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,223,986
Deposit, UAE resident (20%)
AED 244,797
Deposit, non-resident (40%)
AED 489,594
Monthly over 25 years at 3.7%
AED 5,008

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