704, District One Residences 16
Sold prices and rental history: sold twice, last in October 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, District One Residences 16
What is 704 worth today?
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Source: Dubai Land Department. Updated 8 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 745 sqft
- Floor
- 7th of 8
- Parking
- L1-0116
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.58M · October 2024
- Building
- District One Residences 16
About 704, District One Residences 16
704 is a one-bedroom apartment of 745 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 10 October 2024 for AED 1,580,000, or AED 2,119 per sqft, 5% above the AED 2,021 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 8 March 2026, is AED 100,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 14,900 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 77 1-beds →704 last sold in October 2024 at AED 2,119 per sqft, 5% above what one-beds in District One Residences 16 were fetching at the time (AED 2,021). 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. 704's AED 100,000 is in the lower half of that range.
| 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 763 sqft | AED 1.28MAED 1,282,292 · Nov 2019November 2019 | ||
| 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 | |
| 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 |
704, District One Residences 16 in numbers
- Sold twice: first on 12 February 2020 for AED 1,223,834, last on 10 October 2024 for AED 1,580,000 (AED 2,119 per sqft).
- Rented since December 2024 on 2 Ejari contracts, from AED 115,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 14,900 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 8 March 2026.
Questions about 704, District One Residences 16
What did unit 704 last sell for?
AED 1,580,000 on 10 October 2024: AED 2,119 per sqft for 745 sqft. The unit has 2 registered sales; the first was AED 1,223,834 in February 2020.
What is the rent for unit 704?
AED 100,000 a year on the contract signed on 8 March 2026. The previous contract, from December 2024, was AED 115,000.
How big is unit 704?
745 sqft (69.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.
What is unit 704 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 704, District One Residences 16
Starts from the last sale price (AED 1.58M, 10 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,580,000
- Deposit, UAE resident (20%)
- AED 316,000
- Deposit, non-resident (40%)
- AED 632,000
- Monthly over 25 years at 3.7%
- AED 6,464
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →