1-bed · 755 sqftDistrict One Residences 16, District One · 7th floor · completed 2019

708, District One Residences 16

Sold prices and rental history: sold twice, last in November 2023, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 1.7M6 November 2023
Current rentAED 110K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, District One Residences 16

What is 708 worth today?

Last sold for AED 1,700,000 in 2023

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10 Oct 2025RentedRenewal
AED 110,000/yr12 months · AED 146 per sqft
6 Nov 2023SoldReady
AED 1,700,000AED 2,252 per sqft
25 Jul 2018Sold by developerOff-plan
AED 1,224,169AED 1,651 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
7th of 8
Parking
L1-0124
Developer
District One
Completed
2019
Service charge
AED 15,100 /yr
Last sold
AED 1.7M · November 2023

About 708, District One Residences 16

708 is a one-bedroom apartment of 755 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 6 November 2023 for AED 1,700,000, or AED 2,252 per sqft, 11% above the AED 2,034 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2025. The current contract, renewed on 10 October 2025, is AED 110,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in District One Residences 16
1.25M1.5M1.75M2018202020222024Typical 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 1,651 per sqft)Sold, November 2023: AED 1,700,000 (AED 2,252 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in District One Residences 16
90K100K110K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 104,098; 2026 AED 90,000Renewal, October 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 708 sits

All 77 1-beds →

708 last sold in November 2023 at AED 2,252 per sqft, 11% above what one-beds in District One Residences 16 were fetching at the time (AED 2,034). 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. 708'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
7031-bedAED 1.65M · Mar 2023
7041-bedAED 1.58M · Oct 2024
7051-bedAED 1.3M · May 2020
7063-bedAED 4.75M · Oct 2023
7072-bedAED 2.1M · May 2020
1–7 of 11

708, District One Residences 16 in numbers

  • Sold twice: first on 25 July 2018 for AED 1,224,169, last on 6 November 2023 for AED 1,700,000 (AED 2,252 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 15,100 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 10 October 2025.

Questions about 708, District One Residences 16

What did unit 708 last sell for?

AED 1,700,000 on 6 November 2023: AED 2,252 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 1,224,169 in July 2018.

What is the rent for unit 708?

AED 110,000 a year on the contract renewed on 10 October 2025.

How big is unit 708?

755 sqft (70.1 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.

What is unit 708 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 708, District One Residences 16

Starts from the last sale price (AED 1.7M, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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