3-bed · 1,542 sqftOne Park Avenue, Sobha Hartland · 15th floor · completed 2022

1514, One Park Avenue

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 2.8M11 September 2024
Current rentAED 205K /yr25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, One Park Avenue

What is 1514 worth today?

Last sold for AED 2,800,000 in 2024

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11 Sep 2024SoldReady
AED 2,800,000AED 1,815 per sqft
25 May 2023RentedNew contract
AED 205,000/yr12 months · AED 133 per sqft
28 Apr 2023RentedNew contract
AED 230,000/yr12 months · AED 149 per sqft
14 Oct 2022SoldOff-plan
AED 2,600,000AED 1,685 per sqft
8 Sep 2021Sold by developerOff-plan
AED 2,511,618AED 1,628 per sqft

Source: Dubai Land Department. Updated 11 September 2024.

Key facts

Type
3-bed apartment
Size
1,542 sqft
Floor
15th of 24
Parking
P3-396A, P3-396B
Developer
Sobha
Completed
2022
Last sold
AED 2.8M · September 2024

About 1514, One Park Avenue

1514 is a three-bedroom apartment of 1,542 sqft on the 15th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 11 September 2024 for AED 2,800,000, or AED 1,815 per sqft, 8% below the AED 1,973 three-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 25 May 2023, is AED 205,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 1514 over time

Sales
Unit 1514, each saleTypical three-bed in One Park Avenue
2.5M3M2020202220242026Typical sale price by year: 2020 AED 2,203,661; 2021 AED 2,280,013; 2022 AED 2,320,743; 2023 AED 2,442,411; 2024 AED 3,110,000; 2025 AED 3,200,000; 2026 AED 3,250,000Sold by developer, September 2021: AED 2,511,618 (AED 1,628 per sqft)Sold, October 2022: AED 2,600,000 (AED 1,685 per sqft)Sold, September 2024: AED 2,800,000 (AED 1,815 per sqft)

1514 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1514, each contractTypical three-bed in One Park Avenue
200K202220242026Typical rent by year: 2022 AED 165,000; 2023 AED 175,000; 2024 AED 185,000; 2025 AED 195,000; 2026 AED 178,000New contract, April 2023: AED 230,000 a yearNew contract, May 2023: AED 205,000 a year

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 1514 sits

All 136 3-beds →

1514 last sold in September 2024 at AED 1,815 per sqft, 8% below what three-beds in One Park Avenue were fetching at the time (AED 1,973). 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. 1514's AED 205,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Sep 20262,850,000
29 Apr 20262,850,000
26 Mar 20263,350,000
3 Mar 20263,250,000
8 3-bed sales in the last 12 months

One Park Avenue

Building

397 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%
One Park Avenue, Sobha Hartland: prices, sales and rents →

Other units on the 15th floor

All 397 units in One Park Avenue
Value
15011-bedAED 1.17M · Nov 2020
15021-bedAED 1.17M · Jul 2021
15032-bedAED 1.87M · Jul 2021
15052-bedAED 1.82M · Dec 2021
15063-bedAED 2.34M · Nov 2021
15073-bedAED 2.7M · Apr 2023
15083-bedAED 2.28M · Dec 2021
1–7 of 14

1514, One Park Avenue in numbers

  • Sold 3 times: first on 8 September 2021 for AED 2,511,618, last on 11 September 2024 for AED 2,800,000 (AED 1,815 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 230,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2024 price is 7.3%.
  • 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 11 September 2024.

Questions about 1514, One Park Avenue

What did unit 1514 last sell for?

AED 2,800,000 on 11 September 2024: AED 1,815 per sqft for 1,542 sqft. The unit has 3 registered sales; the first was AED 2,511,618 in September 2021.

What is the rent for unit 1514?

AED 205,000 a year on the contract signed on 25 May 2023. The previous contract, from April 2023, was AED 230,000.

How big is unit 1514?

1,542 sqft (143.3 sqm): a three-bedroom apartment on the 15th floor of a 24-storey tower completed in 2022.

What is unit 1514 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 1514, One Park Avenue

Starts from the last sale price (AED 2.8M, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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