2-bed · 1,053 sqftOne Residence, Downtown Dubai · 4th floor · completed 2027

409, One Residence

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 2.79M16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, One Residence

What is 409 worth today?

Last sold for AED 2,793,600 in 2024

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16 Dec 2024Sold by developerOff-plan
AED 2,793,600AED 2,652 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
1,053 sqft
Floor
4th of 30
Parking
1
Developer
Ginco Properties
Completed
2027
Last sold
AED 2.79M · December 2024

About 409, One Residence

409 is a two-bedroom apartment of 1,053 sqft on the 4th floor of One Residence, a 30-storey tower in Downtown Dubai completed in 2027 by Ginco Properties . The developer sold it on 16 December 2024 for AED 2,793,600, or AED 2,652 per sqft, in line with the AED 2,628 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in One Residence
3M3.5M2024202520262027Typical sale price by year: 2024 AED 2,965,050; 2025 AED 3,293,150; 2026 AED 3,477,750Sold by developer, December 2024: AED 2,793,600 (AED 2,652 per sqft)

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

2-beds in One Residence, and where 409 sits

All 76 2-beds →

409 last sold in December 2024 at AED 2,652 per sqft, in line with what two-beds in One Residence were fetching at the time (AED 2,628). 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 salesUnit no.Price (AED)Summary
26 Aug 20263,700,000
11 May 20263,675,000
30 Apr 20262,450,000
21 Apr 20263,393,000
22 2-bed sales in the last 12 months

One Residence

Building

339 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
One Residence, Downtown Dubai: prices, sales and rents →

Other units on the 4th floor

All 339 units in One Residence
Value
4012-bedAED 2.79M · Dec 2024
4022-bedAED 3.7M · Aug 2026
4031-bedAED 2.4M · Aug 2026
404StudioAED 1.36M · Dec 2024
4051-bedAED 1.99M · Dec 2024
4071-bedAED 2.24M · Dec 2024
410StudioAED 1.36M · Dec 2024
1–7 of 14

409, One Residence in numbers

  • Sold once: by Ginco Properties on 16 December 2024 for AED 2,793,600, or AED 2,652 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 16 December 2024.

Questions about 409, One Residence

What did unit 409 last sell for?

AED 2,793,600 on 16 December 2024, sold by the developer: AED 2,652 per sqft for 1,053 sqft. It is the only registered sale of the unit.

How big is unit 409?

1,053 sqft (97.8 sqm): a two-bedroom apartment on the 4th floor of a 30-storey tower completed in 2027.

What is unit 409 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 409, One Residence

Starts from the last sale price (AED 2.79M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,793,600
Deposit, UAE resident (20%)
AED 558,720
Deposit, non-resident (40%)
AED 1,117,440
Monthly over 25 years at 3.7%
AED 11,429

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