1-bed · 680 sqftSeagull Point Tower - District One Residences 13, District One · 5th floor · completed 2023

501, Seagull Point Tower - District One Residences 13

Sold prices and rental history: sold once, by the developer in March 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.17M2 March 2020
Current rentAED 90K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Seagull Point Tower - District One Residences 13

What is 501 worth today?

Last sold for AED 1,170,740 in 2020

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20 Nov 2024RentedNew contract
AED 90,000/yr12 months · AED 133 per sqft
20 Nov 2024RentedNew contract
AED 90,000/yr12 months · AED 132 per sqft
2 Mar 2020Sold by developerOff-plan
AED 1,170,740AED 1,722 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
680 sqft
Floor
5th of 14
Parking
1
Developer
District One
Completed
2023
Service charge
AED 5,000 /yr
Last sold
AED 1.17M · March 2020

About 501, Seagull Point Tower - District One Residences 13

501 is a one-bedroom apartment of 680 sqft on the 5th floor of Seagull Point Tower - District One Residences 13, a 14-storey tower in District One completed in 2023 by District One. The developer sold it on 2 March 2020 for AED 1,170,740, or AED 1,722 per sqft, in line with the AED 1,689 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 20 November 2024, is AED 90,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 5,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Seagull Point Tower - District One Residences 13
1.2M1.4M1.6M2020202220242026Typical sale price by year: 2020 AED 1,170,811; 2023 AED 1,350,000; 2024 AED 1,575,000; 2025 AED 1,560,000; 2026 AED 1,280,000Sold by developer, March 2020: AED 1,170,740 (AED 1,722 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Seagull Point Tower - District One Residences 13
85K90K95K2024202520262027Typical rent by year: 2024 AED 95,000; 2025 AED 95,000; 2026 AED 85,000New contract, November 2024: AED 90,000 a yearNew contract, November 2024: AED 90,000 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 Seagull Point Tower - District One Residences 13, and where 501 sits

All 59 1-beds →

501 last sold in March 2020 at AED 1,722 per sqft, in line with what one-beds in Seagull Point Tower - District One Residences 13 were fetching at the time (AED 1,689). Over the last 12 months one-beds sold for AED 1,240,000 to 1,395,000, around AED 1,907 per sqft, and rent for AED 70,000 to 118,681 a year. 501's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,280,000
17 Aug 20261,395,000
30 Jul 20261,240,000
24 Jul 202666,210
7 1-bed sales in the last 12 months

Seagull Point Tower - District One Residences 13

Building

132 apartments, 1-bed to 3-bed over 14 floors in District One, completed in 2023 by District One. 14 sold in the last 12 months.

Typical price per sqft
AED 1,997 Down 13.2%
Typical sale
AED 2.28M
Typical rent
AED 105K /yr
Typical yield
6.1%
Seagull Point Tower - District One Residences 13, District One: prices, sales and rents →
Value
5022-bedAED 2.08M · Jun 2020
5033-bedAED 2.88M · Jun 2020
5043-bedAED 3.95M · Jan 2026
5052-bedAED 2.71M · Oct 2025
5062-bedAED 2.39M · Oct 2025
5071-bedAED 1.6M · Jul 2024
5081-bedAED 1.47M · Oct 2023
1–7 of 9

501, Seagull Point Tower - District One Residences 13 in numbers

  • Sold once: by District One on 2 March 2020 for AED 1,170,740, or AED 1,722 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 5,000 a year (AED 7.30 per sqft).
  • One-beds in Seagull Point Tower - District One Residences 13 sold for AED 1,240,000–1,395,000 in the 12 months to November 2026; the building's median across all types is AED 1,997 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 501, Seagull Point Tower - District One Residences 13

What did unit 501 last sell for?

AED 1,170,740 on 2 March 2020, sold by the developer: AED 1,722 per sqft for 680 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 90,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2024, was AED 90,000.

How big is unit 501?

680 sqft (63.2 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2023.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Seagull Point Tower - District One Residences 13 sold for AED 1,240,000 to 1,395,000 in the last 12 months, around AED 1,907 per sqft.

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Mortgage on 501, Seagull Point Tower - District One Residences 13

Starts from the last sale price (AED 1.17M, 2 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,740
Deposit, UAE resident (20%)
AED 234,148
Deposit, non-resident (40%)
AED 468,296
Monthly over 25 years at 3.7%
AED 4,790

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