1-bed · 741 sqftDistrict One Residences 16, District One · 5th floor · completed 2019

508, District One Residences 16

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

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Unit 508 · DLD and Ejari recordsUpdated 6 July 2022

Last soldAED 1.35M6 July 2022

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Today's valuefree after one verification

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Property timeline for 508, District One Residences 16

Today

What is 508 worth today?

Last sold for AED 1,350,000 in 2022

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6 Jul 2022

6 Jul 2022SoldOff-plan

AED 1,350,000AED 1,821 per sqft

25 Jul 2018

25 Jul 2018Sold by developerOff-plan

AED 1,224,169AED 1,651 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type: 1-bed apartment
Size: 741 sqft
Floor: 5th of 8
Parking: 1
Developer: District One
Completed: 2019
Service charge: AED 14,800 /yr
Last sold: AED 1.35M · July 2022
Building: District One Residences 16

About 508, District One Residences 16

508 is a one-bedroom apartment of 741 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 6 July 2022 for AED 1,350,000, or AED 1,821 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales

Unit 508, each saleTypical one-bed in District One Residences 16

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

Rents

Unit 508, each contractTypical one-bed in District One Residences 16

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 508 sits

All 77 1-beds →

1-beds in District One Residences 16 · last 12 months2,310 /sqft District One Residences 16 · all types2,049 /sqft

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	Size	Price (AED)	Per sqft
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

2 1-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


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
503	1-bed	760 sqft	AED 1.22MAED 1,223,664 · May 2020May 2020
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
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

1–7 of 11

508, District One Residences 16 in numbers

Sold twice: first on 25 July 2018 for AED 1,224,169, last on 6 July 2022 for AED 1,350,000 (AED 1,821 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 6 July 2022.

Questions about 508, District One Residences 16

What did unit 508 last sell for?

AED 1,350,000 on 6 July 2022: AED 1,821 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 1,224,169 in July 2018.

How big is unit 508?

741 sqft (68.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 508 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 508, District One Residences 16

Starts from the last sale price (AED 1.35M, 6 July 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,350,000
Deposit, UAE resident (20%): AED 270,000
Deposit, non-resident (40%): AED 540,000
Monthly over 25 years at 3.7%: AED 5,523

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