2-bed · 1,165 sqftOne Park Avenue, Sobha Hartland · 17th floor · completed 2022

1711, One Park Avenue

Sold prices and rental history: sold twice, last in October 2024, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1711 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.37M10 October 2024
Current rentAED 115K /yr28 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1711, One Park Avenue

What is 1711 worth today?

Last sold for AED 2,365,000 in 2024

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10 Oct 2024SoldReady
AED 2,365,000AED 2,029 per sqft
28 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 99 per sqft
9 May 2022Sold by developerOff-plan
AED 1,753,792AED 1,505 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,165 sqft
Floor
17th of 24
Parking
P1-116
Developer
Sobha
Completed
2022
Last sold
AED 2.37M · October 2024

About 1711, One Park Avenue

1711 is a two-bedroom apartment of 1,165 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 10 October 2024 for AED 2,365,000, or AED 2,029 per sqft, 5% above the AED 1,930 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 October 2022. The current contract, signed on 28 October 2022, is AED 115,000 a year: a gross yield of 4.9% on the 2024 price.

Sales and rents for 1711 over time

Sales
Unit 1711, 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 2022: AED 1,753,792 (AED 1,505 per sqft)Sold, October 2024: AED 2,365,000 (AED 2,029 per sqft)

1711 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1711, 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, October 2022: AED 115,000 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 1711 sits

All 163 2-beds →

1711 last sold in October 2024 at AED 2,029 per sqft, 5% above what two-beds in One Park Avenue were fetching at the time (AED 1,930). 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. 1711's AED 115,000 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 17th floor

All 397 units in One Park Avenue
Value
17011-bedAED 1.17M · May 2020
17021-bedAED 1.17M · Aug 2021
17032-bedAED 2.2M · Jan 2024
17042-bedAED 2.25M · Nov 2023
17052-bedAED 1.82M · May 2020
17063-bedAED 2.34M · Sep 2021
17073-bedAED 2.23M · Dec 2021
1–7 of 15

1711, One Park Avenue in numbers

  • Sold twice: first on 9 May 2022 for AED 1,753,792, last on 10 October 2024 for AED 2,365,000 (AED 2,029 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 4.9%.
  • 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 10 October 2024.

Questions about 1711, One Park Avenue

What did unit 1711 last sell for?

AED 2,365,000 on 10 October 2024: AED 2,029 per sqft for 1,165 sqft. The unit has 2 registered sales; the first was AED 1,753,792 in May 2022.

What is the rent for unit 1711?

AED 115,000 a year on the contract signed on 28 October 2022.

How big is unit 1711?

1,165 sqft (108.2 sqm): a two-bedroom apartment on the 17th floor of a 24-storey tower completed in 2022.

What is unit 1711 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 1711, One Park Avenue

Starts from the last sale price (AED 2.37M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,365,000
Deposit, UAE resident (20%)
AED 473,000
Deposit, non-resident (40%)
AED 946,000
Monthly over 25 years at 3.7%
AED 9,676

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