3-bed · 1,540 sqftOne Park Avenue, Sobha Hartland · 9th floor · completed 2022

916, One Park Avenue

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

Unit 916 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 3.3M22 November 2024
Current rentAED 185K /yr29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 916, One Park Avenue

What is 916 worth today?

Last sold for AED 3,300,000 in 2024

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22 Nov 2024SoldReady
AED 3,300,000AED 2,143 per sqft
29 Jul 2024RentedNew contract
AED 185,000/yr12 months · AED 120 per sqft
4 Jul 2023SoldReady
AED 2,850,000AED 1,850 per sqft
19 Aug 2021Sold by developerOff-plan
AED 2,449,983AED 1,591 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
3-bed apartment
Size
1,540 sqft
Floor
9th of 24
Parking
P3-389A, P3-389B
Developer
Sobha
Completed
2022
Last sold
AED 3.3M · November 2024

About 916, One Park Avenue

916 is a three-bedroom apartment of 1,540 sqft on the 9th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. It last sold on 22 November 2024 for AED 3,300,000, or AED 2,143 per sqft, 6% above the AED 2,018 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 July 2024. The current contract, signed on 29 July 2024, is AED 185,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 916 over time

Sales
Unit 916, 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, August 2021: AED 2,449,983 (AED 1,591 per sqft)Sold, July 2023: AED 2,850,000 (AED 1,850 per sqft)Sold, November 2024: AED 3,300,000 (AED 2,143 per sqft)

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

Rents
Unit 916, 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, July 2024: AED 185,000 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 916 sits

All 136 3-beds →

916 last sold in November 2024 at AED 2,143 per sqft, 6% above what three-beds in One Park Avenue were fetching at the time (AED 2,018). 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. 916's AED 185,000 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 9th floor

All 397 units in One Park Avenue
Value
9011-bedAED 1.08M · Aug 2021
9021-bedAED 1.1M · Nov 2020
9032-bedAED 2.26M · Sep 2026
9042-bedAED 2.25M · Aug 2024
9052-bedAED 1.7M · Dec 2021
9062-bedAED 1.75M · Nov 2020
9073-bedAED 2.2M · Jul 2021
1–7 of 17

916, One Park Avenue in numbers

  • Sold 3 times: first on 19 August 2021 for AED 2,449,983, last on 22 November 2024 for AED 3,300,000 (AED 2,143 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2024 price is 5.6%.
  • 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 22 November 2024.

Questions about 916, One Park Avenue

What did unit 916 last sell for?

AED 3,300,000 on 22 November 2024: AED 2,143 per sqft for 1,540 sqft. The unit has 3 registered sales; the first was AED 2,449,983 in August 2021.

What is the rent for unit 916?

AED 185,000 a year on the contract signed on 29 July 2024.

How big is unit 916?

1,540 sqft (143.1 sqm): a three-bedroom apartment on the 9th floor of a 24-storey tower completed in 2022.

What is unit 916 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 916, One Park Avenue

Starts from the last sale price (AED 3.3M, 22 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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