1-bed · 760 sqftDistrict One Residences 16, District One · 7th floor · completed 2019

703, District One Residences 16

Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 27 November 2025
Last soldAED 1.65M30 March 2023
Current rentAED 110K /yr27 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, District One Residences 16

What is 703 worth today?

Last sold for AED 1,650,000 in 2023

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27 Nov 2025RentedRenewal
AED 110,000/yr12 months · AED 144 per sqft
27 Nov 2024RentedRenewal
AED 110,000/yr12 months · AED 144 per sqft
27 Nov 2023RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft
30 Mar 2023SoldOff-plan
AED 1,650,000AED 2,170 per sqft
10 Feb 2020Sold by developerOff-plan
AED 1,199,191AED 1,577 per sqft

Source: Dubai Land Department. Updated 27 November 2025.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
7th of 8
Parking
L1-0117
Developer
District One
Completed
2019
Service charge
AED 15,200 /yr
Last sold
AED 1.65M · March 2023

About 703, District One Residences 16

703 is a one-bedroom apartment of 760 sqft on the 7th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 30 March 2023 for AED 1,650,000, or AED 2,170 per sqft, 19% above the AED 1,821 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 27 November 2025, is AED 110,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 15,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in District One Residences 16
1.25M1.5M2018202020222024Typical 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, February 2020: AED 1,199,191 (AED 1,577 per sqft)Sold, March 2023: AED 1,650,000 (AED 2,170 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in District One Residences 16
90K100K110K20232024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 104,098; 2026 AED 90,000New contract, November 2023: AED 110,000 a yearRenewal, November 2024: AED 110,000 a yearRenewal, November 2025: AED 110,000 a year

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 703 sits

All 77 1-beds →

703 last sold in March 2023 at AED 2,170 per sqft, 19% above what one-beds in District One Residences 16 were fetching at the time (AED 1,821). 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. 703's AED 110,000 is in the lower half of that range.

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 7th floor

All 95 units in District One Residences 16
Value
7011-bedAED 1.28M · Nov 2019
7021-bedAED 1.28M · Nov 2019
7041-bedAED 1.58M · Oct 2024
7051-bedAED 1.3M · May 2020
7063-bedAED 4.75M · Oct 2023
7072-bedAED 2.1M · May 2020
7081-bedAED 1.7M · Nov 2023
1–7 of 11

703, District One Residences 16 in numbers

  • Sold twice: first on 10 February 2020 for AED 1,199,191, last on 30 March 2023 for AED 1,650,000 (AED 2,170 per sqft).
  • Rented since November 2023 on 3 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 15,200 a year (AED 20.00 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 27 November 2025.

Questions about 703, District One Residences 16

What did unit 703 last sell for?

AED 1,650,000 on 30 March 2023: AED 2,170 per sqft for 760 sqft. The unit has 2 registered sales; the first was AED 1,199,191 in February 2020.

What is the rent for unit 703?

AED 110,000 a year on the contract renewed on 27 November 2025. The previous contract, from November 2024, was AED 110,000; the unit has been rented since November 2023.

How big is unit 703?

760 sqft (70.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.

What is unit 703 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 703, District One Residences 16

Starts from the last sale price (AED 1.65M, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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