3-bed · 1,728 sqftDistrict One Residences 16, District One · 5th floor · completed 2019

506, District One Residences 16

Sold prices and rental history: sold twice, last in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 30 June 2022
Last soldAED 3.25M30 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, District One Residences 16

What is 506 worth today?

Last sold for AED 3,250,000 in 2022

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30 Jun 2022SoldOff-plan
AED 3,250,000AED 1,880 per sqft
18 Jul 2018Sold by developerOff-plan
AED 2,881,202AED 1,667 per sqft

Source: Dubai Land Department. Updated 30 June 2022.

Key facts

Type
3-bed apartment
Size
1,728 sqft
Floor
5th of 8
Parking
2
Developer
District One
Completed
2019
Service charge
AED 34,600 /yr
Last sold
AED 3.25M · June 2022

About 506, District One Residences 16

506 is a three-bedroom apartment of 1,728 sqft on the 5th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 30 June 2022 for AED 3,250,000, or AED 1,880 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in District One Residences 16
2.8M3M3.2M201820202022Typical sale price by year: 2018 AED 2,872,524; 2020 AED 2,863,845Sold by developer, July 2018: AED 2,881,202 (AED 1,667 per sqft)Sold, June 2022: AED 3,250,000 (AED 1,880 per sqft)

506 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 506 sits

All 9 3-beds →

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 5th floor

All 95 units in District One Residences 16
Value
5011-bedAED 1.28M · Apr 2020
5021-bedAED 1.22M · Nov 2019
5031-bedAED 1.22M · May 2020
5041-bedAED 2.02M · Jun 2026
5051-bedAED 1.48M · Feb 2021
5072-bedAED 2.1M · Jul 2018
5081-bedAED 1.35M · Jul 2022
1–7 of 11

506, District One Residences 16 in numbers

  • Sold twice: first on 18 July 2018 for AED 2,881,202, last on 30 June 2022 for AED 3,250,000 (AED 1,880 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 30 June 2022.

Questions about 506, District One Residences 16

What did unit 506 last sell for?

AED 3,250,000 on 30 June 2022: AED 1,880 per sqft for 1,728 sqft. The unit has 2 registered sales; the first was AED 2,881,202 in July 2018.

How big is unit 506?

1,728 sqft (160.5 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 506 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 506, District One Residences 16

Starts from the last sale price (AED 3.25M, 30 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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