1603, One Park Avenue
Sold prices and rental history: sold twice, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, One Park Avenue
What is 1603 worth today?
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Source: Dubai Land Department. Updated 4 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,164 sqft
- Floor
- 16th of 24
- Parking
- P1-156
- Developer
- Sobha
- Completed
- 2022
- Last sold
- AED 2.35M · September 2024
- Building
- One Park Avenue
About 1603, One Park Avenue
1603 is a two-bedroom apartment of 1,164 sqft on the 16th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 4 September 2024 for AED 2,350,000, or AED 2,019 per sqft, 5% above the AED 1,927 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 12 October 2023, is AED 120,000 a year: a gross yield of 5.1% on the 2024 price.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in One Park Avenue, and where 1603 sits
All 163 2-beds →1603 last sold in September 2024 at AED 2,019 per sqft, 5% above what two-beds in One Park Avenue were fetching at the time (AED 1,927). Over the last 12 months two-beds sold for AED 2,000,000 to 2,650,000, around AED 1,922 per sqft, and rent for AED 75,000 to 190,000 a year. 1603's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,164 sqft | 2,100,000 | 1,804 | ||
| 23 Oct 202623 October 2026 | 1,090 sqft | 2,000,000 | 1,834 | ||
| 14 Sep 202614 September 2026 | 1,167 sqft | 2,220,000 | 1,902 | ||
| 3 Sep 20263 September 2026 | 1,164 sqft | 2,260,000 | 1,941 |
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 16th floor
All 397 units in One Park Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 739 sqft | AED 1.16MAED 1,158,556 · Jul 2021July 2021 | ||
| 1602 | 1-bed | 743 sqft | AED 1.17MAED 1,171,965 · Oct 2020October 2020 | 94,500 /yr | |
| 1604 | 2-bed | 1,167 sqft | AED 1.79MAED 1,785,833 · Dec 2021December 2021 | 150,000 /yr | |
| 1605 | 2-bed | 1,167 sqft | AED 2MAED 2,000,000 · Feb 2023February 2023 | ||
| 1606 | 3-bed | 1,531 sqft | AED 2.4MAED 2,400,000 · Oct 2022October 2022 | ||
| 1607 | 3-bed | 1,463 sqft | AED 2.23MAED 2,232,698 · Dec 2021December 2021 | ||
| 1608 | 3-bed | 1,486 sqft | AED 2.75MAED 2,750,000 · Sep 2023September 2023 | 150,000 /yr | |
| 1609 | 1-bed | 737 sqft | AED 1.6MAED 1,600,000 · May 2025May 2025 | 105,000 /yr | |
| 1610 | 1-bed | 744 sqft | AED 1.1MAED 1,101,608 · Jul 2021July 2021 | 80,001 /yr | |
| 1611 | 2-bed | 1,165 sqft | AED 1.75MAED 1,753,792 · Oct 2020October 2020 | ||
| 1612 | 2-bed | 1,166 sqft | AED 1.76MAED 1,763,183 · Oct 2020October 2020 | 150,000 /yr | |
| 1613 | 2-bed | 1,171 sqft | AED 2.35MAED 2,350,000 · Dec 2023December 2023 | 120,000 /yr | |
| 1614 | 3-bed | 1,542 sqft | AED 2.7MAED 2,700,000 · Mar 2023March 2023 | ||
| 1615 | 3-bed | 1,535 sqft | AED 2.87MAED 2,870,000 · Mar 2023March 2023 | ||
| 1616 | 3-bed | 1,482 sqft | AED 3.4MAED 3,400,000 · Nov 2025November 2025 | 160,000 /yr |
1603, One Park Avenue in numbers
- Sold twice: first on 26 September 2021 for AED 1,870,323, last on 4 September 2024 for AED 2,350,000 (AED 2,019 per sqft).
- Rented since October 2022 on 2 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 5.1%.
- Two-beds in One Park Avenue sold for AED 2,000,000–2,650,000 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 4 September 2024.
Questions about 1603, One Park Avenue
What did unit 1603 last sell for?
AED 2,350,000 on 4 September 2024: AED 2,019 per sqft for 1,164 sqft. The unit has 2 registered sales; the first was AED 1,870,323 in September 2021.
What is the rent for unit 1603?
AED 120,000 a year on the contract renewed on 12 October 2023. The previous contract, from October 2022, was AED 120,000.
How big is unit 1603?
1,164 sqft (108.1 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2022.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in One Park Avenue sold for AED 2,000,000 to 2,650,000 in the last 12 months, around AED 1,922 per sqft.
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Mortgage on 1603, One Park Avenue
Starts from the last sale price (AED 2.35M, 4 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →