2-bed · 1,164 sqftOne Park Avenue, Sobha Hartland · 17th floor · completed 2022

1703, One Park Avenue

Sold prices and rental history: sold twice, last in January 2024, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.2M25 January 2024
Current rentAED 135K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, One Park Avenue

What is 1703 worth today?

Last sold for AED 2,200,000 in 2024

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1 Aug 2024RentedRenewal
AED 135,000/yr12 months · AED 116 per sqft
25 Jan 2024SoldReady
AED 2,200,000AED 1,890 per sqft
3 May 2020Sold by developerOff-plan
AED 1,870,323AED 1,606 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,164 sqft
Floor
17th of 24
Parking
P1-153
Developer
Sobha
Completed
2022
Last sold
AED 2.2M · January 2024

About 1703, One Park Avenue

1703 is a two-bedroom apartment of 1,164 sqft on the 17th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 25 January 2024 for AED 2,200,000, or AED 1,890 per sqft, 9% above the AED 1,733 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, renewed on 1 August 2024, is AED 135,000 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 1703 over time

Sales
Unit 1703, 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 2020: AED 1,870,323 (AED 1,606 per sqft)Sold, January 2024: AED 2,200,000 (AED 1,890 per sqft)

1703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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 147,000Renewal, August 2024: AED 135,000 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 1703 sits

All 163 2-beds →

1703 last sold in January 2024 at AED 1,890 per sqft, 9% above what two-beds in One Park Avenue were fetching at the time (AED 1,733). 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. 1703's AED 135,000 is in the upper 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 17th floor

All 397 units in One Park Avenue
Value
17011-bedAED 1.17M · May 2020
17021-bedAED 1.17M · Aug 2021
17042-bedAED 2.25M · Nov 2023
17052-bedAED 1.82M · May 2020
17063-bedAED 2.34M · Sep 2021
17073-bedAED 2.23M · Dec 2021
17083-bedAED 3.3M · Mar 2026
1–7 of 15

1703, One Park Avenue in numbers

  • Sold twice: first on 3 May 2020 for AED 1,870,323, last on 25 January 2024 for AED 2,200,000 (AED 1,890 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 6.1%.
  • 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 1 August 2024.

Questions about 1703, One Park Avenue

What did unit 1703 last sell for?

AED 2,200,000 on 25 January 2024: AED 1,890 per sqft for 1,164 sqft. The unit has 2 registered sales; the first was AED 1,870,323 in May 2020.

What is the rent for unit 1703?

AED 135,000 a year on the contract renewed on 1 August 2024.

How big is unit 1703?

1,164 sqft (108.1 sqm): a two-bedroom apartment on the 17th floor of a 24-storey tower completed in 2022.

What is unit 1703 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 1703, One Park Avenue

Starts from the last sale price (AED 2.2M, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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