1-bed · 745 sqftDistrict One Residences 16, District One · 5th floor · completed 2019

509, District One Residences 16

Sold prices and rental history: sold once, by the developer in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 25 July 2018
Last soldAED 1.22M25 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, District One Residences 16

What is 509 worth today?

Last sold for AED 1,224,169 in 2018

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25 Jul 2018Sold by developerOff-plan
AED 1,224,169AED 1,639 per sqft

Source: Dubai Land Department. Updated 25 July 2018.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
5th of 8
Parking
L1-0139
Developer
District One
Completed
2019
Service charge
AED 14,900 /yr
Last sold
AED 1.22M · July 2018

About 509, District One Residences 16

509 is a one-bedroom apartment of 745 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 25 July 2018 for AED 1,224,169, or AED 1,639 per sqft, in line with the AED 1,624 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in District One Residences 16
1.2M1.4M1.6M2018202020222024Typical sale price by year: 2018 AED 1,216,794; 2019 AED 1,223,837; 2020 AED 1,223,834; 2021 AED 1,326,028; 2022 AED 1,350,000; 2023 AED 1,600,000; 2024 AED 1,565,000Sold by developer, July 2018: AED 1,224,169 (AED 1,639 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in District One Residences 16
90K100K110K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 104,098; 2026 AED 90,000

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 509 sits

All 77 1-beds →

509 last sold in July 2018 at AED 1,639 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,624). 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 salesUnit no.Price (AED)Summary
7 Sep 20261,425,000
9 Jun 20262,020,000
29 May 20251,300,000
24 Jan 20251,620,000
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
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
5063-bedAED 3.25M · Jun 2022
5072-bedAED 2.1M · Jul 2018
1–7 of 11

509, District One Residences 16 in numbers

  • Sold once: by District One on 25 July 2018 for AED 1,224,169, or AED 1,639 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 July 2018.

Questions about 509, District One Residences 16

What did unit 509 last sell for?

AED 1,224,169 on 25 July 2018, sold by the developer: AED 1,639 per sqft for 745 sqft. It is the only registered sale of the unit.

How big is unit 509?

745 sqft (69.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 509 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 509, District One Residences 16

Starts from the last sale price (AED 1.22M, 25 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,224,169
Deposit, UAE resident (20%)
AED 244,834
Deposit, non-resident (40%)
AED 489,668
Monthly over 25 years at 3.7%
AED 5,008

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