407, District One Residences 16
Sold prices and rental history: sold 3 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, District One Residences 16
What is 407 worth today?
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Source: Dubai Land Department. Updated 19 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,289 sqft
- Floor
- 4th of 8
- Parking
- L2-0202
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 25,800 /yr
- Last sold
- AED 3.45M · March 2024
- Building
- District One Residences 16
About 407, District One Residences 16
407 is a two-bedroom apartment of 1,289 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 19 March 2024 for AED 3,450,000, or AED 2,676 per sqft, in line with the AED 2,676 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 407 over time
407 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 407 sits
All 9 2-beds →407 last sold in March 2024 at AED 2,676 per sqft, in line with what two-beds in District One Residences 16 were fetching at the time (AED 2,676).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Nov 202412 November 2024 | 1,289 sqft | 3,900,000 | 3,025 | ||
| 12 Nov 202412 November 2024 | 1,289 sqft | 3,720,000 | 2,885 | ||
| 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 4th floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 775 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | ||
| 402 | 1-bed | 760 sqft | AED 1.22MAED 1,216,236 · Feb 2019February 2019 | ||
| 403 | 1-bed | 767 sqft | AED 1.54MAED 1,540,000 · Oct 2023October 2023 | ||
| 404 | 1-bed | 749 sqft | AED 1.55MAED 1,550,000 · Dec 2022December 2022 | ||
| 405 | 1-bed | 785 sqft | AED 1.47MAED 1,468,576 · Feb 2021February 2021 | 105,000 /yr | |
| 406 | 3-bed | 1,728 sqft | AED 2.75MAED 2,750,000 · Sep 2021September 2021 | ||
| 408 | 1-bed | 755 sqft | AED 1.22MAED 1,216,794 · Sep 2018September 2018 | 85,000 /yr | |
| 409 | 1-bed | 745 sqft | AED 1.43MAED 1,425,000 · Sep 2026September 2026 | 100,000 /yr | |
| 410 | 1-bed | 752 sqft | AED 1.22MAED 1,222,471 · Aug 2018August 2018 | ||
| 411 | 1-bed | 737 sqft | AED 1.17MAED 1,174,267 · Jul 2018July 2018 | 90,000 /yr | |
| 412 | 1-bed | 776 sqft | AED 1.3MAED 1,300,000 · May 2025May 2025 |
407, District One Residences 16 in numbers
- Sold 3 times: first on 9 June 2020 for AED 2,083,432, last on 19 March 2024 for AED 3,450,000 (AED 2,676 per sqft).
Source: Dubai Land Department. Updated 19 March 2024.
Questions about 407, District One Residences 16
What did unit 407 last sell for?
AED 3,450,000 on 19 March 2024: AED 2,676 per sqft for 1,289 sqft. The unit has 3 registered sales; the first was AED 2,083,432 in June 2020.
How big is unit 407?
1,289 sqft (119.8 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 407, District One Residences 16
Starts from the last sale price (AED 3.45M, 19 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,450,000
- Deposit, UAE resident (20%)
- AED 690,000
- Deposit, non-resident (40%)
- AED 1,380,000
- Monthly over 25 years at 3.7%
- AED 14,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →