2-bed · 1,165 sqftOne Park Avenue, Sobha Hartland · 24th floor · completed 2022

2412, One Park Avenue

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

Unit 2412 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 2.25M29 July 2024
Current rentAED 130K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2412, One Park Avenue

What is 2412 worth today?

Last sold for AED 2,250,000 in 2024

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29 Jul 2024SoldReady
AED 2,250,000AED 1,930 per sqft
1 Nov 2023RentedNew contract
AED 130,000/yr12 months · AED 112 per sqft
27 Dec 2022RentedNew contract
AED 125,000/yr12 months · AED 108 per sqft
14 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 108 per sqft
16 Dec 2021Sold by developerOff-plan
AED 1,847,872AED 1,585 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
2-bed apartment
Size
1,165 sqft
Floor
24th of 24
Parking
P1-57
Developer
Sobha
Completed
2022
Last sold
AED 2.25M · July 2024

About 2412, One Park Avenue

2412 is a two-bedroom apartment of 1,165 sqft on the 24th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 29 July 2024 for AED 2,250,000, or AED 1,930 per sqft, 4% above the AED 1,864 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 November 2023, is AED 130,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 2412 over time

Sales
Unit 2412, 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, December 2021: AED 1,847,872 (AED 1,585 per sqft)Sold, July 2024: AED 2,250,000 (AED 1,930 per sqft)

2412 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2412, 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 125,000 a yearNew contract, December 2022: AED 125,000 a yearNew contract, November 2023: AED 130,000 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 2412 sits

All 163 2-beds →

2412 last sold in July 2024 at AED 1,930 per sqft, 4% above what two-beds in One Park Avenue were fetching at the time (AED 1,864). 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. 2412's AED 130,000 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 24th floor

All 397 units in One Park Avenue
Value
24011-bedAED 1.23M · Jul 2021
24021-bedAED 1.18M · Sep 2021
24032-bedAED 2.34M · Sep 2026
24052-bedAED 2.35M · May 2024
24062-bedAED 2.62M · Jan 2026
24073-bedAED 3.35M · Jun 2024
24083-bedAED 2.58M · Jun 2023
1–7 of 15

2412, One Park Avenue in numbers

  • Sold twice: first on 16 December 2021 for AED 1,847,872, last on 29 July 2024 for AED 2,250,000 (AED 1,930 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 125,000 to AED 130,000 a year.
  • At AED 130,000 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 29 July 2024.

Questions about 2412, One Park Avenue

What did unit 2412 last sell for?

AED 2,250,000 on 29 July 2024: AED 1,930 per sqft for 1,165 sqft. The unit has 2 registered sales; the first was AED 1,847,872 in December 2021.

What is the rent for unit 2412?

AED 130,000 a year on the contract signed on 1 November 2023. The previous contract, from December 2022, was AED 125,000; the unit has been rented since October 2022.

How big is unit 2412?

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

What is unit 2412 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 2412, One Park Avenue

Starts from the last sale price (AED 2.25M, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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