1-bed · 750 sqftDistrict One Residences 04, District One · 4th floor · completed 2021

402, District One Residences 04

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

Unit 402 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 1.11M3 October 2022
Current rentAED 132K /yr31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, District One Residences 04

What is 402 worth today?

Last sold for AED 1,114,552 in 2022

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31 Oct 2024RentedNew contract
AED 132,000/yr12 months · AED 175 per sqft
3 Oct 2022SoldReady
AED 1,114,552AED 1,486 per sqft
22 May 2019Sold by developerOff-plan
AED 1,114,552AED 1,486 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
4th of 6
Parking
L1-148
Developer
District One
Completed
2021
Service charge
AED 15,000 /yr
Last sold
AED 1.11M · October 2022

About 402, District One Residences 04

402 is a one-bedroom apartment of 750 sqft on the 4th floor of District One Residences 04, a 6-storey tower in District One completed in 2021 by District One. It last sold on 3 October 2022 for AED 1,114,552, or AED 1,486 per sqft, in line with the AED 1,484 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 October 2024. The current contract, signed on 31 October 2024, is AED 132,000 a year: a gross yield of 11.8% on the 2022 price, before the service charge of about AED 15,000 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in District One Residences 04
1.15M2019202120232025Typical sale price by year: 2019 AED 1,119,879; 2022 AED 1,120,363; 2023 AED 1,174,687; 2024 AED 1,134,000Sold by developer, May 2019: AED 1,114,552 (AED 1,486 per sqft)Sold, October 2022: AED 1,114,552 (AED 1,486 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 04
100K120K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 125,000; 2024 AED 127,500; 2025 AED 127,500; 2026 AED 125,000New contract, October 2024: AED 132,000 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 04, and where 402 sits

All 59 1-beds →

402 last sold in October 2022 at AED 1,486 per sqft, in line with what one-beds in District One Residences 04 were fetching at the time (AED 1,484). 402's AED 132,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Nov 20241,500,000
12 Nov 20241,500,000
21 Jun 20241,126,000
21 Jun 20241,131,339
0 1-bed sales in the last 12 months

District One Residences 04

Building

73 apartments, 1-bed to 3-bed over 6 floors in District One, completed in 2021 by District One. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 130K /yr
Typical yield
District One Residences 04, District One: prices, sales and rents →

Other units on the 4th floor

All 73 units in District One Residences 04
Value
4011-bedAED 1.13M · Oct 2022
4031-bedAED 1.11M · Oct 2022
4042-bedAED 1.89M · Oct 2022
4053-bedAED 2.58M · Oct 2022
4061-bedAED 1.18M · Oct 2022
4071-bedAED 1.12M · Oct 2022
4081-bedAED 1.12M · Oct 2022
1–7 of 11

402, District One Residences 04 in numbers

  • Sold twice: first on 22 May 2019 for AED 1,114,552, last on 3 October 2022 for AED 1,114,552 (AED 1,486 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2022 price is 11.8%, before a service charge of about AED 15,000 a year (AED 20.00 per sqft).

Source: Dubai Land Department. Updated 31 October 2024.

Questions about 402, District One Residences 04

What did unit 402 last sell for?

AED 1,114,552 on 3 October 2022: AED 1,486 per sqft for 750 sqft. The unit has 2 registered sales; the first was AED 1,114,552 in May 2019.

What is the rent for unit 402?

AED 132,000 a year on the contract signed on 31 October 2024.

How big is unit 402?

750 sqft (69.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.

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 04

Starts from the last sale price (AED 1.11M, 3 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,114,552
Deposit, UAE resident (20%)
AED 222,910
Deposit, non-resident (40%)
AED 445,821
Monthly over 25 years at 3.7%
AED 4,560

Plus AED 51,821 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →