1-bed · 781 sqftDistrict One Residences 03, District One · 4th floor · completed 2022

402, District One Residences 03

Sold prices and rental history: sold twice, last in October 2023, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 2.02M13 October 2023
Current rentAED 135K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, District One Residences 03

What is 402 worth today?

Last sold for AED 2,016,000 in 2023

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15 Mar 2024RentedNew contract
AED 135,000/yr12 months · AED 172 per sqft
13 Oct 2023SoldReady
AED 2,016,000AED 2,579 per sqft
26 Nov 2018Sold by developerOff-plan
AED 1,166,215AED 1,492 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
4th of 4
Parking
G-06
Developer
District One
Completed
2022
Service charge
AED 15,600 /yr
Last sold
AED 2.02M · October 2023

About 402, District One Residences 03

402 is a one-bedroom apartment of 781 sqft on the 4th floor of District One Residences 03, a 4-storey tower in District One completed in 2022 by District One. It last sold on 13 October 2023 for AED 2,016,000, or AED 2,579 per sqft, 6% above the AED 2,437 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2024. The current contract, signed on 15 March 2024, is AED 135,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in District One Residences 03
1.5M2M2018202020222024Typical sale price by year: 2018 AED 1,167,022; 2023 AED 1,818,995; 2024 AED 1,900,000Sold by developer, November 2018: AED 1,166,215 (AED 1,492 per sqft)Sold, October 2023: AED 2,016,000 (AED 2,579 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in District One Residences 03
140K20222023202420252026Typical rent by year: 2022 AED 150,000; 2023 AED 129,820; 2024 AED 128,000; 2025 AED 125,000New contract, March 2024: AED 135,000 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 03, and where 402 sits

All 26 1-beds →

402 last sold in October 2023 at AED 2,579 per sqft, 6% above what one-beds in District One Residences 03 were fetching at the time (AED 2,437). 402's AED 135,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jul 20252,250,000
4 Nov 20241,850,000
28 Oct 20241,980,000
22 Oct 20242,000,000
0 1-bed sales in the last 12 months

District One Residences 03

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 123K /yr
Typical yield
District One Residences 03, District One: prices, sales and rents →

Other units on the 4th floor

All 31 units in District One Residences 03
Value
4011-bedAED 1.85M · Feb 2024
4031-bedAED 1.98M · Oct 2024
4042-bedAED 3.5M · Nov 2023
4051-bedAED 1.95M · Sep 2023
4061-bedAED 1.8M · Jul 2024
4071-bedAED 1.75M · Nov 2023

402, District One Residences 03 in numbers

  • Sold twice: first on 26 November 2018 for AED 1,166,215, last on 13 October 2023 for AED 2,016,000 (AED 2,579 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 15,600 a year (AED 20.00 per sqft).

Source: Dubai Land Department. Updated 15 March 2024.

Questions about 402, District One Residences 03

What did unit 402 last sell for?

AED 2,016,000 on 13 October 2023: AED 2,579 per sqft for 781 sqft. The unit has 2 registered sales; the first was AED 1,166,215 in November 2018.

What is the rent for unit 402?

AED 135,000 a year on the contract signed on 15 March 2024.

How big is unit 402?

781 sqft (72.6 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2022.

What is unit 402 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 402, District One Residences 03

Starts from the last sale price (AED 2.02M, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,016,000
Deposit, UAE resident (20%)
AED 403,200
Deposit, non-resident (40%)
AED 806,400
Monthly over 25 years at 3.7%
AED 8,248

Plus AED 89,682 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →