408, District One Residences 16
Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, District One Residences 16
What is 408 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 4th of 8
- Parking
- L2-0229
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 15,100 /yr
- Last sold
- AED 1.22M · September 2018
- Building
- District One Residences 16
About 408, District One Residences 16
408 is a one-bedroom apartment of 755 sqft on the 4th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 12 September 2018 for AED 1,216,794, or AED 1,641 per sqft, in line with the AED 1,627 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 85,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 15,100 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 77 1-beds →408 last sold in September 2018 at AED 1,641 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,627). 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. 408's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 745 sqft | 1,425,000 | 1,911 | ||
| 9 Jun 20269 June 2026 | 745 sqft | 2,020,000 | 2,709 | ||
| 29 May 202529 May 2025 | 776 sqft | 1,300,000 | 1,676 | ||
| 24 Jan 202524 January 2025 | 745 sqft | 1,620,000 | 2,173 |
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 | ||
| 407 | 2-bed | 1,289 sqft | AED 3.45MAED 3,450,000 · Mar 2024March 2024 | ||
| 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 |
408, District One Residences 16 in numbers
- Sold once: by District One on 12 September 2018 for AED 1,216,794, or AED 1,641 per sqft.
- Rented since September 2024 on 3 Ejari contracts, from AED 105,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2018 price is 7.0%, before a service charge of about AED 15,100 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 25 September 2026.
Questions about 408, District One Residences 16
What did unit 408 last sell for?
AED 1,216,794 on 12 September 2018, sold by the developer: AED 1,641 per sqft for 755 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 85,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since September 2024.
How big is unit 408?
755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.
What is unit 408 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 408, District One Residences 16
Starts from the last sale price (AED 1.22M, 12 September 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 →