3-bed · 1,531 sqftOne Park Avenue, Sobha Hartland · 16th floor · completed 2022

1606, One Park Avenue

Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 11 October 2022
Last soldAED 2.4M11 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, One Park Avenue

What is 1606 worth today?

Last sold for AED 2,400,000 in 2022

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11 Oct 2022SoldOff-plan
AED 2,400,000AED 1,567 per sqft
16 Dec 2021Sold by developerOff-plan
AED 2,341,390AED 1,529 per sqft

Source: Dubai Land Department. Updated 11 October 2022.

Key facts

Type
3-bed apartment
Size
1,531 sqft
Floor
16th of 24
Parking
P2-172
Developer
Sobha
Completed
2022
Last sold
AED 2.4M · October 2022

About 1606, One Park Avenue

1606 is a three-bedroom apartment of 1,531 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 11 October 2022 for AED 2,400,000, or AED 1,567 per sqft, 5% above the AED 1,498 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, December 2021: AED 2,341,390 (AED 1,529 per sqft)Sold, October 2022: AED 2,400,000 (AED 1,567 per sqft)

1606 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1606, each contractTypical three-bed in One Park Avenue
160K180K200K202220242026Typical rent by year: 2022 AED 165,000; 2023 AED 175,000; 2024 AED 185,000; 2025 AED 195,000; 2026 AED 178,000

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 1606 sits

All 136 3-beds →

1606 last sold in October 2022 at AED 1,567 per sqft, 5% above what three-beds in One Park Avenue were fetching at the time (AED 1,498). 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.

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 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
16052-bedAED 2M · Feb 2023
16073-bedAED 2.23M · Dec 2021
16083-bedAED 2.75M · Sep 2023
1–7 of 15

1606, One Park Avenue in numbers

  • Sold twice: first on 16 December 2021 for AED 2,341,390, last on 11 October 2022 for AED 2,400,000 (AED 1,567 per sqft).
  • 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 October 2022.

Questions about 1606, One Park Avenue

What did unit 1606 last sell for?

AED 2,400,000 on 11 October 2022: AED 1,567 per sqft for 1,531 sqft. The unit has 2 registered sales; the first was AED 2,341,390 in December 2021.

How big is unit 1606?

1,531 sqft (142.2 sqm): a three-bedroom apartment on the 16th floor of a 24-storey tower completed in 2022.

What is unit 1606 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 1606, One Park Avenue

Starts from the last sale price (AED 2.4M, 11 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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