1-bed · 767 sqftDistrict One Residences 01, District One · 3rd floor · completed 2022

305, District One Residences 01

Sold prices and rental history: sold 3 times, last in February 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.88M23 February 2023
Current rentAED 116K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, District One Residences 01

What is 305 worth today?

Last sold for AED 1,881,451 in 2023

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1 Aug 2024RentedRenewal
AED 115,500/yr12 months · AED 151 per sqft
1 Aug 2023RentedNew contract
AED 105,000/yr12 months · AED 137 per sqft
11 Apr 2023RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft
23 Feb 2023SoldReady
AED 1,881,451AED 2,453 per sqft
9 Feb 2023SoldReady
AED 1,141,673AED 1,488 per sqft
27 Nov 2018Sold by developerOff-plan
AED 1,141,673AED 1,488 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
3rd of 4
Parking
G-18
Developer
District One
Completed
2022
Service charge
AED 15,300 /yr
Last sold
AED 1.88M · February 2023

About 305, District One Residences 01

305 is a one-bedroom apartment of 767 sqft on the 3rd floor of District One Residences 01, a 4-storey tower in District One completed in 2022 by District One. It last sold on 23 February 2023 for AED 1,881,451, or AED 2,453 per sqft, 15% above the AED 2,128 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 115,500 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in District One Residences 01
1.5M2M2018202020222024Typical sale price by year: 2018 AED 1,167,022; 2022 AED 1,702,740; 2023 AED 1,308,053; 2024 AED 1,750,000Sold by developer, November 2018: AED 1,141,673 (AED 1,488 per sqft)Sold, February 2023: AED 1,881,451 (AED 2,453 per sqft)Sold, February 2023: AED 1,141,673 (AED 1,488 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in District One Residences 01
105K110K115K2023202420252026Typical rent by year: 2023 AED 107,500; 2024 AED 110,000; 2025 AED 110,000New contract, April 2023: AED 110,000 a yearNew contract, August 2023: AED 105,000 a yearRenewal, August 2024: AED 115,500 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 District One Residences 01, and where 305 sits

All 24 1-beds →

305 last sold in February 2023 at AED 2,453 per sqft, 15% above what one-beds in District One Residences 01 were fetching at the time (AED 2,128).

Recent 1-bed salesUnit no.Price (AED)Summary
15 May 20252,150,000
31 May 20241,750,000
7 May 20241,775,000
18 Apr 20241,687,000
0 1-bed sales in the last 12 months

District One Residences 01

Building

31 apartments, 1-bed to 2-bed over 4 floors in District One, completed in 2022 by District One. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 120K /yr
Typical yield
District One Residences 01, District One: prices, sales and rents →

Other units on the 3rd floor

All 31 units in District One Residences 01
Value
3011-bedAED 1.75M · Feb 2023
302AED 1.8M · Oct 2022
3031-bedAED 1.7M · Sep 2022
3042-bedAED 3.22M · Feb 2025
3061-bedAED 1.75M · May 2024
3071-bedAED 1.79M · Nov 2022

305, District One Residences 01 in numbers

  • Sold 3 times: first on 27 November 2018 for AED 1,141,673, last on 23 February 2023 for AED 1,881,451 (AED 2,453 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 110,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 15,300 a year (AED 20.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Questions about 305, District One Residences 01

What did unit 305 last sell for?

AED 1,881,451 on 23 February 2023: AED 2,453 per sqft for 767 sqft. The unit has 3 registered sales; the first was AED 1,141,673 in November 2018.

What is the rent for unit 305?

AED 115,500 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 105,000; the unit has been rented since April 2023.

How big is unit 305?

767 sqft (71.3 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2022.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 305, District One Residences 01

Starts from the last sale price (AED 1.88M, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,881,451
Deposit, UAE resident (20%)
AED 376,290
Deposit, non-resident (40%)
AED 752,580
Monthly over 25 years at 3.7%
AED 7,698

Plus AED 84,031 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →