3-bed · 1,535 sqftOne Park Avenue, Sobha Hartland · 6th floor · completed 2022

617, One Park Avenue

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 14 April 2023
Last soldAED 2.4M14 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, One Park Avenue

What is 617 worth today?

Last sold for AED 2,400,000 in 2023

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14 Apr 2023SoldReady
AED 2,400,000AED 1,563 per sqft
16 Dec 2021Sold by developerOff-plan
AED 2,206,757AED 1,437 per sqft

Source: Dubai Land Department. Updated 14 April 2023.

Key facts

Type
3-bed apartment
Size
1,535 sqft
Floor
6th of 24
Parking
P3-351
Developer
Sobha
Completed
2022
Last sold
AED 2.4M · April 2023

About 617, One Park Avenue

617 is a three-bedroom apartment of 1,535 sqft on the 6th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 14 April 2023 for AED 2,400,000, or AED 1,563 per sqft, in line with the AED 1,586 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 617 over time

Sales
Unit 617, 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, December 2021: AED 2,206,757 (AED 1,437 per sqft)Sold, April 2023: AED 2,400,000 (AED 1,563 per sqft)

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

Rents
Unit 617, 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 178,000

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 617 sits

All 136 3-beds →

617 last sold in April 2023 at AED 1,563 per sqft, in line with 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.

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 6th floor

All 397 units in One Park Avenue
Value
6011-bedAED 989K · May 2020
6021-bedAED 990K · Jul 2020
6032-bedAED 1.65M · Jun 2021
6042-bedAED 1.65M · Jun 2021
6052-bedAED 1.54M · Jul 2021
6062-bedAED 1.95M · Mar 2023
6073-bedAED 2.2M · Oct 2021
1–7 of 17

617, One Park Avenue in numbers

  • Sold twice: first on 16 December 2021 for AED 2,206,757, last on 14 April 2023 for AED 2,400,000 (AED 1,563 per sqft).
  • 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 14 April 2023.

Questions about 617, One Park Avenue

What did unit 617 last sell for?

AED 2,400,000 on 14 April 2023: AED 1,563 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 2,206,757 in December 2021.

How big is unit 617?

1,535 sqft (142.6 sqm): a three-bedroom apartment on the 6th floor of a 24-storey tower completed in 2022.

What is unit 617 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 617, One Park Avenue

Starts from the last sale price (AED 2.4M, 14 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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