407, District One Residences 04
Sold prices and rental history: sold twice, last in October 2022, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, District One Residences 04
What is 407 worth today?
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Source: Dubai Land Department. Updated 23 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 751 sqft
- Floor
- 4th of 6
- Parking
- L1-146
- Developer
- District One
- Completed
- 2021
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.12M · October 2022
- Building
- District One Residences 04
About 407, District One Residences 04
407 is a one-bedroom apartment of 751 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 1,119,879, or AED 1,491 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 23 April 2023. The current contract, signed on 23 April 2023, is AED 138,000 a year: a gross yield of 12.3% on the 2022 price, before the service charge of about AED 15,000 a year.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 59 1-beds →407 last sold in October 2022 at AED 1,491 per sqft, in line with what one-beds in District One Residences 04 were fetching at the time (AED 1,484). 407's AED 138,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Nov 202412 November 2024 | 1,027 sqft | 1,500,000 | 1,460 | ||
| 12 Nov 202412 November 2024 | 1,062 sqft | 1,500,000 | 1,412 | ||
| 21 Jun 202421 June 2024 | 752 sqft | 1,126,000 | 1,498 | ||
| 21 Jun 202421 June 2024 | 757 sqft | 1,131,339 | 1,494 |
District One Residences 04
Building73 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
Other units on the 4th floor
All 73 units in District One Residences 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 757 sqft | AED 1.13MAED 1,131,339 · Oct 2022October 2022 | 135,000 /yr | |
| 402 | 1-bed | 750 sqft | AED 1.11MAED 1,114,552 · Oct 2022October 2022 | 132,000 /yr | |
| 403 | 1-bed | 753 sqft | AED 1.11MAED 1,112,292 · Oct 2022October 2022 | 145,000 /yr | |
| 404 | 2-bed | 1,294 sqft | AED 1.89MAED 1,885,619 · Oct 2022October 2022 | 240,000 /yr | |
| 405 | 3-bed | 1,763 sqft | AED 2.58MAED 2,581,790 · Oct 2022October 2022 | 380,000 /yr | |
| 406 | 1-bed | 799 sqft | AED 1.18MAED 1,181,377 · Oct 2022October 2022 | ||
| 408 | 1-bed | 752 sqft | AED 1.12MAED 1,116,005 · Oct 2022October 2022 | 125,000 /yr | |
| 409 | 1-bed | 755 sqft | AED 1.12MAED 1,117,619 · Oct 2022October 2022 | ||
| 410 | 1-bed | 758 sqft | AED 1.12MAED 1,120,363 · Oct 2022October 2022 | 150,000 /yr | |
| 411 | 1-bed | 759 sqft | AED 1.12MAED 1,117,942 · Oct 2022October 2022 | 140,000 /yr | |
| 412 | 1-bed | 767 sqft | AED 1.12MAED 1,117,942 · Oct 2022October 2022 | 140,000 /yr |
407, District One Residences 04 in numbers
- Sold twice: first on 21 May 2019 for AED 1,119,879, last on 3 October 2022 for AED 1,119,879 (AED 1,491 per sqft).
- Rented since April 2023 on one Ejari contract, at AED 138,000 a year.
- At AED 138,000 a year the gross yield on the 2022 price is 12.3%, before a service charge of about AED 15,000 a year (AED 20.00 per sqft).
Source: Dubai Land Department. Updated 23 April 2023.
Questions about 407, District One Residences 04
What did unit 407 last sell for?
AED 1,119,879 on 3 October 2022: AED 1,491 per sqft for 751 sqft. The unit has 2 registered sales; the first was AED 1,119,879 in May 2019.
What is the rent for unit 407?
AED 138,000 a year on the contract signed on 23 April 2023.
How big is unit 407?
751 sqft (69.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.
What is unit 407 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 407, District One Residences 04
Starts from the last sale price (AED 1.12M, 3 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,119,879
- Deposit, UAE resident (20%)
- AED 223,976
- Deposit, non-resident (40%)
- AED 447,952
- Monthly over 25 years at 3.7%
- AED 4,582
Plus AED 52,045 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →