1-bed · 743 sqftOne Park Avenue, Sobha Hartland · 18th floor · completed 2022

1802, One Park Avenue

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 2 January 2024
Last soldAED 1.17M27 July 2021
Current rentAED 80K /yr2 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, One Park Avenue

What is 1802 worth today?

Last sold for AED 1,171,965 in 2021

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2 Jan 2024RentedRenewal
AED 80,000/yr12 months · AED 108 per sqft
2 Jan 2023RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
27 Jul 2021Sold by developerOff-plan
AED 1,171,965AED 1,577 per sqft

Source: Dubai Land Department. Updated 2 January 2024.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
18th of 24
Parking
G-41
Developer
Sobha
Completed
2022
Last sold
AED 1.17M · July 2021

About 1802, One Park Avenue

1802 is a one-bedroom apartment of 743 sqft on the 18th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 27 July 2021 for AED 1,171,965, or AED 1,577 per sqft, 6% above the AED 1,481 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 2 January 2024, is AED 80,000 a year: a gross yield of 6.8% on the 2021 price.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical one-bed in One Park Avenue
1.25M1.5M2020202220242026Typical sale price by year: 2020 AED 1,101,608; 2021 AED 1,100,336; 2022 AED 1,142,295; 2023 AED 1,150,000; 2024 AED 1,580,000; 2025 AED 1,600,000; 2026 AED 1,550,000Sold by developer, July 2021: AED 1,171,965 (AED 1,577 per sqft)

1802 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1802, each contractTypical one-bed in One Park Avenue
80K90K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 92,000New contract, January 2023: AED 80,000 a yearRenewal, January 2024: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in One Park Avenue, and where 1802 sits

All 94 1-beds →

1802 last sold in July 2021 at AED 1,577 per sqft, 6% above what one-beds in One Park Avenue were fetching at the time (AED 1,481). Over the last 12 months one-beds sold for AED 1,310,000 to 1,700,000, around AED 2,106 per sqft, and rent for AED 65,000 to 119,678 a year. 1802's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20261,650,000
12 Jun 20261,450,000
16 May 20261,310,000
6 Jan 20261,700,000
4 1-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 18th floor

All 397 units in One Park Avenue
Value
18011-bedAED 1.18M · Oct 2022
18032-bedAED 2.4M · Oct 2024
18042-bedAED 2.45M · Oct 2025
18052-bedAED 1.82M · Jun 2021
18063-bedAED 2.85M · May 2023
18073-bedAED 2.01M · Jun 2021
18083-bedAED 2.14M · Oct 2024
1–7 of 15

1802, One Park Avenue in numbers

  • Sold once: by Sobha on 27 July 2021 for AED 1,171,965, or AED 1,577 per sqft.
  • Rented since January 2023 on 2 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 6.8%.
  • One-beds in One Park Avenue sold for AED 1,310,000–1,700,000 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 2 January 2024.

Questions about 1802, One Park Avenue

What did unit 1802 last sell for?

AED 1,171,965 on 27 July 2021, sold by the developer: AED 1,577 per sqft for 743 sqft. It is the only registered sale of the unit.

What is the rent for unit 1802?

AED 80,000 a year on the contract renewed on 2 January 2024. The previous contract, from January 2023, was AED 80,000.

How big is unit 1802?

743 sqft (69.0 sqm): a one-bedroom apartment on the 18th floor of a 24-storey tower completed in 2022.

What is unit 1802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in One Park Avenue sold for AED 1,310,000 to 1,700,000 in the last 12 months, around AED 2,106 per sqft.

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Mortgage on 1802, One Park Avenue

Starts from the last sale price (AED 1.17M, 27 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,171,965
Deposit, UAE resident (20%)
AED 234,393
Deposit, non-resident (40%)
AED 468,786
Monthly over 25 years at 3.7%
AED 4,795

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