3-bed · 1,728 sqftDistrict One Residences 16, District One · 4th floor · completed 2019

406, District One Residences 16

Sold prices and rental history: sold twice, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 September 2021
Last soldAED 2.75M20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, District One Residences 16

What is 406 worth today?

Last sold for AED 2,750,000 in 2021

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20 Sep 2021SoldOff-plan
AED 2,750,000AED 1,591 per sqft
10 Feb 2020Sold by developerOff-plan
AED 2,720,647AED 1,574 per sqft

Source: Dubai Land Department. Updated 20 September 2021.

Key facts

Type
3-bed apartment
Size
1,728 sqft
Floor
4th of 8
Parking
2
Developer
District One
Completed
2019
Service charge
AED 34,600 /yr
Last sold
AED 2.75M · September 2021

About 406, District One Residences 16

406 is a three-bedroom apartment of 1,728 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 20 September 2021 for AED 2,750,000, or AED 1,591 per sqft, in line with the AED 1,620 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical three-bed in District One Residences 16
2.7M2.8M201820202022Typical sale price by year: 2018 AED 2,872,524; 2020 AED 2,863,845Sold by developer, February 2020: AED 2,720,647 (AED 1,574 per sqft)Sold, September 2021: AED 2,750,000 (AED 1,591 per sqft)

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

3-beds in District One Residences 16, and where 406 sits

All 9 3-beds →

406 last sold in September 2021 at AED 1,591 per sqft, in line with what three-beds in District One Residences 16 were fetching at the time (AED 1,620). Over the last 12 months three-beds sold for AED 1,983,900 to 3,250,000, around AED 2,007 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Sep 20263,250,000
1 Jun 20261,983,900
23 Oct 20255,000,000
17 Jul 20254,329,202
2 3-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
4011-bedAED 1.55M · Oct 2023
4021-bedAED 1.22M · Feb 2019
4031-bedAED 1.54M · Oct 2023
4041-bedAED 1.55M · Dec 2022
4051-bedAED 1.47M · Feb 2021
4072-bedAED 3.45M · Mar 2024
4081-bedAED 1.22M · Sep 2018
1–7 of 11

406, District One Residences 16 in numbers

  • Sold twice: first on 10 February 2020 for AED 2,720,647, last on 20 September 2021 for AED 2,750,000 (AED 1,591 per sqft).
  • Three-beds in District One Residences 16 sold for AED 1,983,900–3,250,000 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 September 2021.

Questions about 406, District One Residences 16

What did unit 406 last sell for?

AED 2,750,000 on 20 September 2021: AED 1,591 per sqft for 1,728 sqft. The unit has 2 registered sales; the first was AED 2,720,647 in February 2020.

How big is unit 406?

1,728 sqft (160.5 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in District One Residences 16 sold for AED 1,983,900 to 3,250,000 in the last 12 months, around AED 2,007 per sqft.

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Mortgage on 406, District One Residences 16

Starts from the last sale price (AED 2.75M, 20 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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