1-bed · 907 sqftPark One, Jumeirah Village Triangle (JVT) · 4th floor · completed 2018

408, Park One

Sold prices and rental history: sold twice, last in November 2023, and rented once, from February 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 800K6 November 2023
Current rentAED 65K /yr15 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Park One

What is 408 worth today?

Last sold for AED 800,000 in 2023

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6 Nov 2023SoldReady
AED 800,000AED 881 per sqft
15 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
10 Apr 2017Sold by developerOff-plan
AED 830,000AED 914 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
4th of 4
Parking
B-46
Developer
Swiss Property Development
Completed
2018
Service charge
AED 16,400 /yr
Last sold
AED 800K · November 2023
Building
Park One

About 408, Park One

408 is a one-bedroom apartment of 907 sqft on the 4th floor of Park One, a 4-storey tower in Jumeirah Village Triangle (JVT) completed in 2018 by Swiss Property Development . It last sold on 6 November 2023 for AED 800,000, or AED 881 per sqft, 5% above the AED 840 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2019. The current contract, signed on 15 February 2019, is AED 65,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 16,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Park One
800K1M2017202020232026Typical sale price by year: 2017 AED 830,000; 2018 AED 720,000; 2019 AED 700,000; 2023 AED 785,000; 2024 AED 800,000; 2025 AED 910,000; 2026 AED 1,070,000Sold by developer, April 2017: AED 830,000 (AED 914 per sqft)Sold, November 2023: AED 800,000 (AED 881 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Park One
60K2018202120242027Typical rent by year: 2018 AED 75,500; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 53,000; 2022 AED 55,000; 2023 AED 58,000; 2024 AED 65,413; 2025 AED 72,000; 2026 AED 70,000New contract, February 2019: AED 65,000 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 Park One, and where 408 sits

All 30 1-beds →

408 last sold in November 2023 at AED 881 per sqft, 5% above what one-beds in Park One were fetching at the time (AED 840). Over the last 12 months one-beds sold for AED 920,000 to 1,899,368, around AED 1,201 per sqft, and rent for AED 40,000 to 95,000 a year. 408's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,350,000
20 Oct 20261,070,000
9 Oct 2026930,173
24 Feb 20261,154,848
7 1-bed sales in the last 12 months

Park One

Building

56 apartments, studios to 2-bed over 4 floors in Jumeirah Village Triangle (JVT), completed in 2018 by Swiss Property Development . 8 sold in the last 12 months.

Typical price per sqft
AED 1,258
Typical sale
AED 1.11M
Typical rent
AED 71K /yr
Typical yield
5.5%
Park One, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 4th floor

All 56 units in Park One
Value
4011-bedAED 700K · Aug 2023
4021-bedAED 630K · Jun 2022
4031-bedAED 1.9M · Nov 2025
4042-bedAED 1.4M · Jan 2019
4052-bedAED 1.57M · Nov 2018
4062-bedAED 1.57M · Sep 2018
4072-bedAED 2.4M · Dec 2024
1–7 of 9

408, Park One in numbers

  • Sold twice: first on 10 April 2017 for AED 830,000, last on 6 November 2023 for AED 800,000 (AED 881 per sqft).
  • Rented since February 2019 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 16,400 a year (AED 18.08 per sqft).
  • One-beds in Park One sold for AED 920,000–1,899,368 in the 12 months to November 2026; the building's median across all types is AED 1,258 per sqft.

Source: Dubai Land Department. Updated 6 November 2023.

Questions about 408, Park One

What did unit 408 last sell for?

AED 800,000 on 6 November 2023: AED 881 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 830,000 in April 2017.

What is the rent for unit 408?

AED 65,000 a year on the contract signed on 15 February 2019.

How big is unit 408?

907 sqft (84.3 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park One sold for AED 920,000 to 1,899,368 in the last 12 months, around AED 1,201 per sqft.

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Mortgage on 408, Park One

Starts from the last sale price (AED 800K, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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