1-bed · 767 sqftDistrict One Residences 16, District One · 8th floor · completed 2019

803, District One Residences 16

Sold prices and rental history: sold twice, last in August 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.6M17 August 2023
Current rentAED 110K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, District One Residences 16

What is 803 worth today?

Last sold for AED 1,600,000 in 2023

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10 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft
17 Aug 2023SoldReady
AED 1,600,000AED 2,087 per sqft
12 Feb 2020Sold by developerOff-plan
AED 1,199,191AED 1,577 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
8th of 8
Parking
G-0026
Developer
District One
Completed
2019
Service charge
AED 15,300 /yr
Last sold
AED 1.6M · August 2023

About 803, District One Residences 16

803 is a one-bedroom apartment of 767 sqft on the 8th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 17 August 2023 for AED 1,600,000, or AED 2,087 per sqft, 6% above the AED 1,965 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2024. The current contract, signed on 10 October 2024, is AED 110,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, February 2020: AED 1,199,191 (AED 1,577 per sqft)Sold, August 2023: AED 1,600,000 (AED 2,087 per sqft)

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

Rents
Unit 803, each contractTypical one-bed in District One Residences 16
90K100K110K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 104,098; 2026 AED 90,000New contract, October 2024: 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 803 sits

All 77 1-beds →

803 last sold in August 2023 at AED 2,087 per sqft, 6% above what one-beds in District One Residences 16 were fetching at the time (AED 1,965). 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. 803'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 8th floor

All 95 units in District One Residences 16
Value
8011-bedAED 1.53M · Aug 2023
8021-bedAED 1.28M · Apr 2020
8041-bedAED 1.6M · Oct 2024
8051-bedAED 1.46M · Feb 2023
8063-bedAED 4.95M · Aug 2024
8072-bedAED 3.72M · Nov 2024
8081-bedAED 1.85M · Nov 2023
1–7 of 11

803, District One Residences 16 in numbers

  • Sold twice: first on 12 February 2020 for AED 1,199,191, last on 17 August 2023 for AED 1,600,000 (AED 2,087 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 15,300 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 2024.

Questions about 803, District One Residences 16

What did unit 803 last sell for?

AED 1,600,000 on 17 August 2023: AED 2,087 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 1,199,191 in February 2020.

What is the rent for unit 803?

AED 110,000 a year on the contract signed on 10 October 2024.

How big is unit 803?

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

What is unit 803 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 803, District One Residences 16

Starts from the last sale price (AED 1.6M, 17 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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