1508, One Park Avenue
Sold prices and rental history: sold once, by the developer in December 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, One Park Avenue
What is 1508 worth today?
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Source: Dubai Land Department. Updated 27 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,486 sqft
- Floor
- 15th of 24
- Parking
- P2-212
- Developer
- Sobha
- Completed
- 2022
- Last sold
- AED 2.28M · December 2021
- Building
- One Park Avenue
About 1508, One Park Avenue
1508 is a three-bedroom apartment of 1,486 sqft on the 15th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 12 December 2021 for AED 2,277,160, or AED 1,532 per sqft, in line with the AED 1,532 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 October 2024, is AED 160,000 a year: a gross yield of 7.0% on the 2021 price.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in One Park Avenue, and where 1508 sits
All 136 3-beds →1508 last sold in December 2021 at AED 1,532 per sqft, in line with what three-beds in One Park Avenue were fetching at the time (AED 1,532). Over the last 12 months three-beds sold for AED 2,850,000 to 3,400,000, around AED 2,146 per sqft, and rent for AED 150,000 to 250,000 a year. 1508's AED 160,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 1,535 sqft | 2,850,000 | 1,856 | ||
| 29 Apr 202629 April 2026 | 1,482 sqft | 2,850,000 | 1,923 | ||
| 26 Mar 202626 March 2026 | 1,542 sqft | 3,350,000 | 2,172 | ||
| 3 Mar 20263 March 2026 | 1,533 sqft | 3,250,000 | 2,119 |
One Park Avenue
Building397 apartments, 1-bed to 4-bed over 24 floors in Sobha Hartland, completed in 2022 by Sobha. 26 sold in the last 12 months.
- Typical price per sqft
- AED 1,989 Down 5.6%
- Typical sale
- AED 2.28M
- Typical rent
- AED 150K /yr
- Typical yield
- 6.2%
Other units on the 15th floor
All 397 units in One Park Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 739 sqft | AED 1.17MAED 1,170,259 · Nov 2020November 2020 | ||
| 1502 | 1-bed | 743 sqft | AED 1.17MAED 1,171,965 · Jul 2021July 2021 | 94,500 /yr | |
| 1503 | 2-bed | 1,164 sqft | AED 1.87MAED 1,870,323 · Jul 2021July 2021 | 140,000 /yr | |
| 1505 | 2-bed | 1,167 sqft | AED 1.82MAED 1,821,263 · Dec 2021December 2021 | 141,750 /yr | |
| 1506 | 3-bed | 1,531 sqft | AED 2.34MAED 2,341,390 · Nov 2021November 2021 | 200,000 /yr | |
| 1507 | 3-bed | 1,463 sqft | AED 2.7MAED 2,700,000 · Apr 2023April 2023 | 170,000 /yr | |
| 1509 | 1-bed | 737 sqft | AED 1.65MAED 1,650,000 · May 2025May 2025 | ||
| 1510 | 1-bed | 744 sqft | AED 1.63MAED 1,630,000 · Sep 2025September 2025 | 100,000 /yr | |
| 1511 | 2-bed | 1,165 sqft | AED 1.75MAED 1,753,792 · Jul 2021July 2021 | 140,000 /yr | |
| 1512 | 2-bed | 1,166 sqft | AED 1.76MAED 1,763,183 · Jul 2021July 2021 | 131,250 /yr | |
| 1513 | 2-bed | 1,171 sqft | AED 1.92MAED 1,915,951 · Aug 2022August 2022 | 128,960 /yr | |
| 1514 | 3-bed | 1,542 sqft | AED 2.8MAED 2,800,000 · Sep 2024September 2024 | 205,000 /yr | |
| 1515 | 3-bed | 1,535 sqft | AED 2.51MAED 2,508,165 · Apr 2023April 2023 | 195,000 /yr | |
| 1516 | 3-bed | 1,482 sqft | AED 2.42MAED 2,419,905 · Mar 2023March 2023 |
1508, One Park Avenue in numbers
- Sold once: by Sobha on 12 December 2021 for AED 2,277,160, or AED 1,532 per sqft.
- Rented since October 2022 on 4 Ejari contracts, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2021 price is 7.0%.
- Three-beds in One Park Avenue sold for AED 2,850,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.
Source: Dubai Land Department. Updated 27 October 2024.
Questions about 1508, One Park Avenue
What did unit 1508 last sell for?
AED 2,277,160 on 12 December 2021, sold by the developer: AED 1,532 per sqft for 1,486 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 160,000 a year on the contract signed on 27 October 2024. The previous contract, from October 2024, was AED 160,000; the unit has been rented since October 2022.
How big is unit 1508?
1,486 sqft (138.1 sqm): a three-bedroom apartment on the 15th floor of a 24-storey tower completed in 2022.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in One Park Avenue sold for AED 2,850,000 to 3,400,000 in the last 12 months, around AED 2,146 per sqft.
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Mortgage on 1508, One Park Avenue
Starts from the last sale price (AED 2.28M, 12 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,277,160
- Deposit, UAE resident (20%)
- AED 455,432
- Deposit, non-resident (40%)
- AED 910,864
- Monthly over 25 years at 3.7%
- AED 9,317
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →