1603, One Residence
Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, One Residence
What is 1603 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 843 sqft
- Floor
- 16th of 30
- Parking
- 1
- Developer
- Ginco Properties
- Completed
- 2027
- Last sold
- AED 2.2M · November 2024
- Building
- One Residence
About 1603, One Residence
1603 is a one-bedroom apartment of 843 sqft on the 16th floor of One Residence, a 30-storey tower in Downtown Dubai completed in 2027 by Ginco Properties . The developer sold it on 28 November 2024 for AED 2,200,000, or AED 2,609 per sqft, in line with the AED 2,656 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in One Residence, and where 1603 sits
All 113 1-beds →1603 last sold in November 2024 at AED 2,609 per sqft, in line with what one-beds in One Residence were fetching at the time (AED 2,656). Over the last 12 months one-beds sold for AED 2,027,300 to 2,555,500, around AED 2,889 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 843 sqft | 2,436,600 | 2,889 | ||
| 26 Aug 202626 August 2026 | 843 sqft | 2,400,000 | 2,846 | ||
| 13 Apr 202613 April 2026 | 752 sqft | 2,337,700 | 3,109 | ||
| 11 Feb 202611 February 2026 | 749 sqft | 2,289,500 | 3,056 |
One Residence
Building339 apartments, studios to 4-bed over 30 floors in Downtown Dubai, completed in 2027 by Ginco Properties . 62 sold in the last 12 months.
- Typical price per sqft
- AED 2,933 Up 1.8%
- Typical sale
- AED 2.28M
- Typical rent
- Few contracts
- Typical yield
Other units on the 16th floor
All 339 units in One Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,053 sqft | AED 2.97MAED 2,970,000 · Oct 2024October 2024 | ||
| 1602 | 2-bed | 1,345 sqft | AED 3.52MAED 3,520,000 · Jan 2025January 2025 | ||
| 1604 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Oct 2024October 2024 | ||
| 1605 | 1-bed | 749 sqft | AED 1.96MAED 1,960,000 · Feb 2025February 2025 | ||
| 1606 | 2-bed | 1,220 sqft | AED 3.45MAED 3,449,600 · Dec 2025December 2025 | ||
| 1607 | 1-bed | 843 sqft | AED 2.21MAED 2,210,000 · Oct 2024October 2024 | ||
| 1608 | 2-bed | 1,345 sqft | AED 3.7MAED 3,699,500 · Aug 2025August 2025 | ||
| 1609 | 2-bed | 1,053 sqft | AED 2.76MAED 2,760,000 · Sep 2024September 2024 | ||
| 1610 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Oct 2024October 2024 | ||
| 1611 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Jan 2025January 2025 | ||
| 1612 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Sep 2024September 2024 | ||
| 1613 | 1-bed | 749 sqft | AED 1.96MAED 1,960,000 · Sep 2024September 2024 | ||
| 1615 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Oct 2024October 2024 | ||
| 1616 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Oct 2024October 2024 | ||
| 1617 | Studio | 470 sqft | AED 1.33MAED 1,330,000 · Nov 2024November 2024 |
1603, One Residence in numbers
- Sold once: by Ginco Properties on 28 November 2024 for AED 2,200,000, or AED 2,609 per sqft.
- One-beds in One Residence sold for AED 2,027,300–2,555,500 in the 12 months to November 2026; the building's median across all types is AED 2,933 per sqft.
Source: Dubai Land Department. Updated 28 November 2024.
Questions about 1603, One Residence
What did unit 1603 last sell for?
AED 2,200,000 on 28 November 2024, sold by the developer: AED 2,609 per sqft for 843 sqft. It is the only registered sale of the unit.
How big is unit 1603?
843 sqft (78.3 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2027.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in One Residence sold for AED 2,027,300 to 2,555,500 in the last 12 months, around AED 2,889 per sqft.
Selling 1603? Put it on the OpenOffers board
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Mortgage on 1603, One Residence
Starts from the last sale price (AED 2.2M, 28 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →