2-bed · 1,167 sqftOne Park Avenue, Sobha Hartland · 2nd floor · completed 2022

206, One Park Avenue

Sold prices and rental history: sold 3 times, last in April 2024, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 2.2M15 April 2024
Current rentAED 128K /yr8 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, One Park Avenue

What is 206 worth today?

Last sold for AED 2,200,000 in 2024

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15 Apr 2024SoldReady
AED 2,200,000AED 1,885 per sqft
12 Jan 2024SoldReady
AED 2,200,000AED 1,885 per sqft
8 Nov 2022RentedNew contract
AED 128,000/yr12 months · AED 110 per sqft
27 Jul 2021Sold by developerOff-plan
AED 1,627,720AED 1,394 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
2-bed apartment
Size
1,167 sqft
Floor
2nd of 24
Parking
P2-310
Developer
Sobha
Completed
2022
Last sold
AED 2.2M · April 2024

About 206, One Park Avenue

206 is a two-bedroom apartment of 1,167 sqft on the 2nd floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 15 April 2024 for AED 2,200,000, or AED 1,885 per sqft, 4% above the AED 1,804 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 November 2022. The current contract, signed on 8 November 2022, is AED 128,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 206 over time

Sales
Unit 206, 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, July 2021: AED 1,627,720 (AED 1,394 per sqft)Sold, January 2024: AED 2,200,000 (AED 1,885 per sqft)Sold, April 2024: AED 2,200,000 (AED 1,885 per sqft)

206 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, 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, November 2022: AED 128,000 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 206 sits

All 163 2-beds →

206 last sold in April 2024 at AED 1,885 per sqft, 4% above what two-beds in One Park Avenue were fetching at the time (AED 1,804). 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. 206's AED 128,000 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 2nd floor

All 397 units in One Park Avenue
Value
2011-bedAED 1.03M · May 2020
2032-bedAED 1.75M · Aug 2022
2042-bedAED 1.75M · Aug 2022
2052-bedAED 1.54M · Jul 2021
2073-bedAED 2.33M · Sep 2024
2083-bedAED 2.19M · Aug 2022
2093-bedAED 2.14M · Jul 2021
1–7 of 15

206, One Park Avenue in numbers

  • Sold 3 times: first on 27 July 2021 for AED 1,627,720, last on 15 April 2024 for AED 2,200,000 (AED 1,885 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2024 price is 5.8%.
  • 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 15 April 2024.

Questions about 206, One Park Avenue

What did unit 206 last sell for?

AED 2,200,000 on 15 April 2024: AED 1,885 per sqft for 1,167 sqft. The unit has 3 registered sales; the first was AED 1,627,720 in July 2021.

What is the rent for unit 206?

AED 128,000 a year on the contract signed on 8 November 2022.

How big is unit 206?

1,167 sqft (108.4 sqm): a two-bedroom apartment on the 2nd floor of a 24-storey tower completed in 2022.

What is unit 206 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 206, One Park Avenue

Starts from the last sale price (AED 2.2M, 15 April 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 →