3-bed · 1,482 sqftOne Park Avenue, Sobha Hartland · 17th floor · completed 2022

1716, One Park Avenue

Sold prices and rental history: sold once, by the developer in April 2023, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1716 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 2.44M19 April 2023
Current rentAED 180K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1716, One Park Avenue

What is 1716 worth today?

Last sold for AED 2,442,411 in 2023

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1 Jun 2023RentedNew contract
AED 180,000/yr12 months · AED 121 per sqft
19 Apr 2023Sold by developerReady
AED 2,442,411AED 1,648 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
3-bed apartment
Size
1,482 sqft
Floor
17th of 24
Parking
P1-88
Developer
Sobha
Completed
2022
Last sold
AED 2.44M · April 2023

About 1716, One Park Avenue

1716 is a three-bedroom apartment of 1,482 sqft on the 17th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 19 April 2023 for AED 2,442,411, or AED 1,648 per sqft, 4% above the AED 1,586 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 180,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 1716 over time

Sales
Unit 1716, 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, April 2023: AED 2,442,411 (AED 1,648 per sqft)

1716 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1716, 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 178,000New contract, June 2023: AED 180,000 a year

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 1716 sits

All 136 3-beds →

1716 last sold in April 2023 at AED 1,648 per sqft, 4% above what three-beds in One Park Avenue were fetching at the time (AED 1,586). 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. 1716's AED 180,000 is in the lower half of that range.

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 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

1716, One Park Avenue in numbers

  • Sold once: by Sobha on 19 April 2023 for AED 2,442,411, or AED 1,648 per sqft.
  • Rented since June 2023 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 7.4%.
  • 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 1 June 2023.

Questions about 1716, One Park Avenue

What did unit 1716 last sell for?

AED 2,442,411 on 19 April 2023, sold by the developer: AED 1,648 per sqft for 1,482 sqft. It is the only registered sale of the unit.

What is the rent for unit 1716?

AED 180,000 a year on the contract signed on 1 June 2023.

How big is unit 1716?

1,482 sqft (137.7 sqm): a three-bedroom apartment on the 17th floor of a 24-storey tower completed in 2022.

What is unit 1716 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 1716, One Park Avenue

Starts from the last sale price (AED 2.44M, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,442,411
Deposit, UAE resident (20%)
AED 488,482
Deposit, non-resident (40%)
AED 976,964
Monthly over 25 years at 3.7%
AED 9,993

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