503, District One Residences 16
Sold prices and rental history: sold once, by the developer in May 2020, 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 503, District One Residences 16
What is 503 worth today?
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Source: Dubai Land Department. Updated 18 May 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 760 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 15,200 /yr
- Last sold
- AED 1.22M · May 2020
- Building
- District One Residences 16
About 503, District One Residences 16
503 is a one-bedroom apartment of 760 sqft on the 5th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 18 May 2020 for AED 1,223,664, or AED 1,609 per sqft, in line with the AED 1,634 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 503 over time
503 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 503 sits
All 77 1-beds →503 last sold in May 2020 at AED 1,609 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,634). 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 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 5th floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 763 sqft | AED 1.28MAED 1,282,292 · Apr 2020April 2020 | ||
| 502 | 1-bed | 760 sqft | AED 1.22MAED 1,223,837 · Nov 2019November 2019 | 100,000 /yr | |
| 504 | 1-bed | 745 sqft | AED 2.02MAED 2,020,000 · Jun 2026June 2026 | 80,000 /yr | |
| 505 | 1-bed | 785 sqft | AED 1.48MAED 1,476,430 · Feb 2021February 2021 | 95,000 /yr | |
| 506 | 3-bed | 1,728 sqft | AED 3.25MAED 3,250,000 · Jun 2022June 2022 | ||
| 507 | 2-bed | 1,272 sqft | AED 2.1MAED 2,096,059 · Jul 2018July 2018 | 225,000 /yr | |
| 508 | 1-bed | 741 sqft | AED 1.35MAED 1,350,000 · Jul 2022July 2022 | ||
| 509 | 1-bed | 745 sqft | AED 1.22MAED 1,224,169 · Jul 2018July 2018 | ||
| 510 | 1-bed | 752 sqft | AED 1.21MAED 1,210,440 · Sep 2018September 2018 | 75,000 /yr | |
| 511 | 1-bed | 737 sqft | AED 1.18MAED 1,181,607 · Jul 2018July 2018 | 95,000 /yr | |
| 512 | 1-bed | 766 sqft | AED 1.19MAED 1,187,296 · Jul 2018July 2018 | 95,000 /yr |
503, District One Residences 16 in numbers
- Sold once: by District One on 18 May 2020 for AED 1,223,664, or AED 1,609 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 18 May 2020.
Questions about 503, District One Residences 16
What did unit 503 last sell for?
AED 1,223,664 on 18 May 2020, sold by the developer: AED 1,609 per sqft for 760 sqft. It is the only registered sale of the unit.
How big is unit 503?
760 sqft (70.6 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 503 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 503, District One Residences 16
Starts from the last sale price (AED 1.22M, 18 May 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,223,664
- Deposit, UAE resident (20%)
- AED 244,733
- Deposit, non-resident (40%)
- AED 489,466
- Monthly over 25 years at 3.7%
- AED 5,006
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →