2-bed · 1,171 sqftOne Park Avenue, Sobha Hartland · 16th floor · completed 2022

1613, One Park Avenue

Sold prices and rental history: sold twice, last in December 2023, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1613 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 2.35M19 December 2023
Current rentAED 120K /yr9 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1613, One Park Avenue

What is 1613 worth today?

Last sold for AED 2,350,000 in 2023

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19 Dec 2023SoldReady
AED 2,350,000AED 2,006 per sqft
9 Dec 2022RentedNew contract
AED 120,000/yr12 months · AED 102 per sqft
22 Aug 2022Sold by developerOff-plan
AED 1,627,500AED 1,389 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
2-bed apartment
Size
1,171 sqft
Floor
16th of 24
Parking
P2-202
Developer
Sobha
Completed
2022
Last sold
AED 2.35M · December 2023

About 1613, One Park Avenue

1613 is a two-bedroom apartment of 1,171 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 19 December 2023 for AED 2,350,000, or AED 2,006 per sqft, 16% above the AED 1,732 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 December 2022. The current contract, signed on 9 December 2022, is AED 120,000 a year: a gross yield of 5.1% on the 2023 price.

Sales and rents for 1613 over time

Sales
Unit 1613, each saleTypical two-bed in One Park Avenue
1.5M2M2.5M2020202220242026Typical 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, August 2022: AED 1,627,500 (AED 1,389 per sqft)Sold, December 2023: AED 2,350,000 (AED 2,006 per sqft)

1613 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1613, 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 147,000New contract, December 2022: AED 120,000 a year

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 1613 sits

All 163 2-beds →

1613 last sold in December 2023 at AED 2,006 per sqft, 16% above what two-beds in One Park Avenue were fetching at the time (AED 1,732). 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. 1613's AED 120,000 is in the lower half of that range.

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
16052-bedAED 2M · Feb 2023
16063-bedAED 2.4M · Oct 2022
16073-bedAED 2.23M · Dec 2021
1–7 of 15

1613, One Park Avenue in numbers

  • Sold twice: first on 22 August 2022 for AED 1,627,500, last on 19 December 2023 for AED 2,350,000 (AED 2,006 per sqft).
  • Rented since December 2022 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 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 19 December 2023.

Questions about 1613, One Park Avenue

What did unit 1613 last sell for?

AED 2,350,000 on 19 December 2023: AED 2,006 per sqft for 1,171 sqft. The unit has 2 registered sales; the first was AED 1,627,500 in August 2022.

What is the rent for unit 1613?

AED 120,000 a year on the contract signed on 9 December 2022.

How big is unit 1613?

1,171 sqft (108.8 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2022.

What is unit 1613 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 1613, One Park Avenue

Starts from the last sale price (AED 2.35M, 19 December 2023). 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 →