1-bed · 767 sqftDistrict One Residences 16, District One · 6th floor · completed 2019

603, District One Residences 16

Sold prices and rental history: sold twice, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 25 July 2023
Last soldAED 1.17M25 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, District One Residences 16

What is 603 worth today?

Last sold for AED 1,170,495 in 2023

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25 Jul 2023SoldReady
AED 1,170,495AED 1,526 per sqft
25 Jun 2020Sold by developerOff-plan
AED 1,223,664AED 1,609 per sqft

Source: Dubai Land Department. Updated 25 July 2023.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
6th of 8
Parking
L1-0134
Developer
District One
Completed
2019
Service charge
AED 15,300 /yr
Last sold
AED 1.17M · July 2023

About 603, District One Residences 16

603 is a one-bedroom apartment of 767 sqft on the 6th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 25 July 2023 for AED 1,170,495, or AED 1,526 per sqft, 17% below the AED 1,843 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, 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, June 2020: AED 1,223,664 (AED 1,609 per sqft)Sold, July 2023: AED 1,170,495 (AED 1,526 per sqft)

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

Rents
Unit 603, 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 603 sits

All 77 1-beds →

603 last sold in July 2023 at AED 1,526 per sqft, 17% below what one-beds in District One Residences 16 were fetching at the time (AED 1,843). 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 6th floor

All 95 units in District One Residences 16
Value
6011-bedAED 1.3M · Dec 2022
6021-bedAED 1.28M · Apr 2020
6041-bedAED 1.65M · Jul 2023
6051-bedAED 1.38M · Jan 2023
6063-bedAED 4.35M · Nov 2022
6072-bedAED 3.55M · May 2023
6081-bedAED 1.74M · Aug 2023
1–7 of 11

603, District One Residences 16 in numbers

  • Sold twice: first on 25 June 2020 for AED 1,223,664, last on 25 July 2023 for AED 1,170,495 (AED 1,526 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 2023.

Questions about 603, District One Residences 16

What did unit 603 last sell for?

AED 1,170,495 on 25 July 2023: AED 1,526 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 1,223,664 in June 2020.

How big is unit 603?

767 sqft (71.3 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2019.

What is unit 603 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 603, District One Residences 16

Starts from the last sale price (AED 1.17M, 25 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,495
Deposit, UAE resident (20%)
AED 234,099
Deposit, non-resident (40%)
AED 468,198
Monthly over 25 years at 3.7%
AED 4,789

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