1609, One Residence
Sold prices and rental history: sold once, by the developer in September 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 1609, One Residence
What is 1609 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,053 sqft
- Floor
- 16th of 30
- Parking
- 1
- Developer
- Ginco Properties
- Completed
- 2027
- Last sold
- AED 2.76M · September 2024
- Building
- One Residence
About 1609, One Residence
1609 is a two-bedroom apartment of 1,053 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 10 September 2024 for AED 2,760,000, or AED 2,620 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in One Residence, and where 1609 sits
All 76 2-beds →Over the last 12 months two-beds sold for AED 2,450,000 to 3,971,000, around AED 2,734 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 1,345 sqft | 3,700,000 | 2,751 | ||
| 11 May 202611 May 2026 | 1,345 sqft | 3,675,000 | 2,733 | ||
| 30 Apr 202630 April 2026 | 1,053 sqft | 2,450,000 | 2,326 | ||
| 21 Apr 202621 April 2026 | 1,027 sqft | 3,393,000 | 3,303 |
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 | ||
| 1603 | 1-bed | 843 sqft | AED 2.2MAED 2,200,000 · Nov 2024November 2024 | ||
| 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 | ||
| 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 |
1609, One Residence in numbers
- Sold once: by Ginco Properties on 10 September 2024 for AED 2,760,000, or AED 2,620 per sqft.
- Two-beds in One Residence sold for AED 2,450,000–3,971,000 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 10 September 2024.
Questions about 1609, One Residence
What did unit 1609 last sell for?
AED 2,760,000 on 10 September 2024, sold by the developer: AED 2,620 per sqft for 1,053 sqft. It is the only registered sale of the unit.
How big is unit 1609?
1,053 sqft (97.8 sqm): a two-bedroom apartment on the 16th floor of a 30-storey tower completed in 2027.
What is unit 1609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in One Residence sold for AED 2,450,000 to 3,971,000 in the last 12 months, around AED 2,734 per sqft.
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Mortgage on 1609, One Residence
Starts from the last sale price (AED 2.76M, 10 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,760,000
- Deposit, UAE resident (20%)
- AED 552,000
- Deposit, non-resident (40%)
- AED 1,104,000
- Monthly over 25 years at 3.7%
- AED 11,292
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →