701, District One Residences 16
Sold prices and rental history: sold once, by the developer in November 2019, 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 701, District One Residences 16
What is 701 worth today?
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Source: Dubai Land Department. Updated 26 November 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 763 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.28M · November 2019
- Building
- District One Residences 16
About 701, District One Residences 16
701 is a one-bedroom apartment of 763 sqft on the 7th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 26 November 2019 for AED 1,282,292, or AED 1,679 per sqft, 3% above 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 701 over time
701 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 701 sits
All 77 1-beds →701 last sold in November 2019 at AED 1,679 per sqft, 3% above 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 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 7th floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 760 sqft | AED 1.28MAED 1,277,048 · Nov 2019November 2019 | 80,000 /yr | |
| 703 | 1-bed | 760 sqft | AED 1.65MAED 1,650,000 · Mar 2023March 2023 | 110,000 /yr | |
| 704 | 1-bed | 745 sqft | AED 1.58MAED 1,580,000 · Oct 2024October 2024 | 100,000 /yr | |
| 705 | 1-bed | 785 sqft | AED 1.3MAED 1,303,656 · May 2020May 2020 | 85,000 /yr | |
| 706 | 3-bed | 1,779 sqft | AED 4.75MAED 4,750,000 · Oct 2023October 2023 | ||
| 707 | 2-bed | 1,272 sqft | AED 2.1MAED 2,096,059 · May 2020May 2020 | ||
| 708 | 1-bed | 755 sqft | AED 1.7MAED 1,700,000 · Nov 2023November 2023 | 110,000 /yr | |
| 709 | 1-bed | 745 sqft | AED 1.85MAED 1,850,000 · Nov 2023November 2023 | 90,000 /yr | |
| 710 | 1-bed | 752 sqft | AED 1.21MAED 1,210,440 · Jul 2018July 2018 | 88,000 /yr | |
| 711 | 1-bed | 749 sqft | AED 1.8MAED 1,800,000 · Dec 2023December 2023 | 90,000 /yr | |
| 712 | 1-bed | 766 sqft | AED 1.21MAED 1,207,852 · Apr 2019April 2019 | 115,000 /yr |
701, District One Residences 16 in numbers
- Sold once: by District One on 26 November 2019 for AED 1,282,292, or AED 1,679 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 26 November 2019.
Questions about 701, District One Residences 16
What did unit 701 last sell for?
AED 1,282,292 on 26 November 2019, sold by the developer: AED 1,679 per sqft for 763 sqft. It is the only registered sale of the unit.
How big is unit 701?
763 sqft (70.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.
What is unit 701 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 701, District One Residences 16
Starts from the last sale price (AED 1.28M, 26 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,282,292
- Deposit, UAE resident (20%)
- AED 256,458
- Deposit, non-resident (40%)
- AED 512,917
- Monthly over 25 years at 3.7%
- AED 5,246
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →