1-bed · 775 sqftDistrict One Residences 16, District One · 4th floor · completed 2019

401, District One Residences 16

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 1.55M4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, District One Residences 16

What is 401 worth today?

Last sold for AED 1,550,000 in 2023

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4 Oct 2023SoldReady
AED 1,550,000AED 1,999 per sqft
17 Feb 2019Sold by developerOff-plan
AED 1,221,230AED 1,599 per sqft

Source: Dubai Land Department. Updated 4 October 2023.

Key facts

Type
1-bed apartment
Size
775 sqft
Floor
4th of 8
Parking
L2-0238
Developer
District One
Completed
2019
Service charge
AED 15,500 /yr
Last sold
AED 1.55M · October 2023

About 401, District One Residences 16

401 is a one-bedroom apartment of 775 sqft on the 4th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 4 October 2023 for AED 1,550,000, or AED 1,999 per sqft, 3% below the AED 2,070 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, 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 2019: AED 1,221,230 (AED 1,599 per sqft)Sold, October 2023: AED 1,550,000 (AED 1,999 per sqft)

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

Rents
Unit 401, 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 401 sits

All 77 1-beds →

401 last sold in October 2023 at AED 1,999 per sqft, 3% below what one-beds in District One Residences 16 were fetching at the time (AED 2,070). 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 4th floor

All 95 units in District One Residences 16
Value
4021-bedAED 1.22M · Feb 2019
4031-bedAED 1.54M · Oct 2023
4041-bedAED 1.55M · Dec 2022
4051-bedAED 1.47M · Feb 2021
4063-bedAED 2.75M · Sep 2021
4072-bedAED 3.45M · Mar 2024
4081-bedAED 1.22M · Sep 2018
1–7 of 11

401, District One Residences 16 in numbers

  • Sold twice: first on 17 February 2019 for AED 1,221,230, last on 4 October 2023 for AED 1,550,000 (AED 1,999 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 4 October 2023.

Questions about 401, District One Residences 16

What did unit 401 last sell for?

AED 1,550,000 on 4 October 2023: AED 1,999 per sqft for 775 sqft. The unit has 2 registered sales; the first was AED 1,221,230 in February 2019.

How big is unit 401?

775 sqft (72.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 401 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 401, District One Residences 16

Starts from the last sale price (AED 1.55M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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