1612, One Park Avenue
Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, One Park Avenue
What is 1612 worth today?
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Source: Dubai Land Department. Updated 5 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,166 sqft
- Floor
- 16th of 24
- Parking
- P1-114
- Developer
- Sobha
- Completed
- 2022
- Last sold
- AED 1.76M · October 2020
- Building
- One Park Avenue
About 1612, One Park Avenue
1612 is a two-bedroom apartment of 1,166 sqft on the 16th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 28 October 2020 for AED 1,763,183, or AED 1,512 per sqft, in line with the AED 1,505 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 150,000 a year: a gross yield of 8.5% on the 2020 price.
Sales and rents for 1612 over time
1612 has sold once; 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 1612 sits
All 163 2-beds →1612 last sold in October 2020 at AED 1,512 per sqft, in line with what two-beds in One Park Avenue were fetching at the time (AED 1,505). 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. 1612's AED 150,000 is in the upper 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 | |
| 1603 | 2-bed | 1,164 sqft | AED 2.35MAED 2,350,000 · Sep 2024September 2024 | 120,000 /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 | ||
| 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 |
1612, One Park Avenue in numbers
- Sold once: by Sobha on 28 October 2020 for AED 1,763,183, or AED 1,512 per sqft.
- Rented since July 2024 on 4 Ejari contracts, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2020 price is 8.5%.
- 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 5 July 2026.
Questions about 1612, One Park Avenue
What did unit 1612 last sell for?
AED 1,763,183 on 28 October 2020, sold by the developer: AED 1,512 per sqft for 1,166 sqft. It is the only registered sale of the unit.
What is the rent for unit 1612?
AED 150,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 154,000; the unit has been rented since July 2024.
How big is unit 1612?
1,166 sqft (108.3 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2022.
What is unit 1612 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 1612, One Park Avenue
Starts from the last sale price (AED 1.76M, 28 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,763,183
- Deposit, UAE resident (20%)
- AED 352,637
- Deposit, non-resident (40%)
- AED 705,273
- Monthly over 25 years at 3.7%
- AED 7,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →