2-bed · 1,167 sqftOne Park Avenue, Sobha Hartland · 16th floor · completed 2022

1605, One Park Avenue

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 21 February 2023
Last soldAED 2M21 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, One Park Avenue

What is 1605 worth today?

Last sold for AED 2,000,000 in 2023

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21 Feb 2023SoldReady
AED 2,000,000AED 1,714 per sqft
17 May 2021Sold by developerOff-plan
AED 1,821,263AED 1,560 per sqft

Source: Dubai Land Department. Updated 21 February 2023.

Key facts

Type
2-bed apartment
Size
1,167 sqft
Floor
16th of 24
Parking
P2-206
Developer
Sobha
Completed
2022
Last sold
AED 2M · February 2023

About 1605, One Park Avenue

1605 is a two-bedroom apartment of 1,167 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 21 February 2023 for AED 2,000,000, or AED 1,714 per sqft, 12% above the AED 1,531 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in One Park Avenue
2M2.5M2020202220242026Typical sale price by year: 2020 AED 1,754,213; 2021 AED 1,711,750; 2022 AED 1,762,886; 2023 AED 2,000,000; 2024 AED 2,300,000; 2025 AED 2,450,000; 2026 AED 2,220,000Sold by developer, May 2021: AED 1,821,263 (AED 1,560 per sqft)Sold, February 2023: AED 2,000,000 (AED 1,714 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in One Park Avenue
120K140K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 131,500; 2024 AED 139,813; 2025 AED 146,500; 2026 AED 147,000

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 1605 sits

All 163 2-beds →

1605 last sold in February 2023 at AED 1,714 per sqft, 12% above what two-beds in One Park Avenue were fetching at the time (AED 1,531). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20262,100,000
23 Oct 20262,000,000
14 Sep 20262,220,000
3 Sep 20262,260,000
14 2-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 16th floor

All 397 units in One Park Avenue
Value
16011-bedAED 1.16M · Jul 2021
16021-bedAED 1.17M · Oct 2020
16032-bedAED 2.35M · Sep 2024
16042-bedAED 1.79M · Dec 2021
16063-bedAED 2.4M · Oct 2022
16073-bedAED 2.23M · Dec 2021
16083-bedAED 2.75M · Sep 2023
1–7 of 15

1605, One Park Avenue in numbers

  • Sold twice: first on 17 May 2021 for AED 1,821,263, last on 21 February 2023 for AED 2,000,000 (AED 1,714 per sqft).
  • 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 21 February 2023.

Questions about 1605, One Park Avenue

What did unit 1605 last sell for?

AED 2,000,000 on 21 February 2023: AED 1,714 per sqft for 1,167 sqft. The unit has 2 registered sales; the first was AED 1,821,263 in May 2021.

How big is unit 1605?

1,167 sqft (108.4 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2022.

What is unit 1605 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 1605, One Park Avenue

Starts from the last sale price (AED 2M, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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