505, District One Residences 04
Sold prices and rental history: sold 4 times, last in August 2023, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, District One Residences 04
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,763 sqft
- Floor
- 5th of 6
- Parking
- L1-140,T08
- Developer
- District One
- Completed
- 2021
- Service charge
- AED 35,300 /yr
- Last sold
- AED 2.71M · August 2023
- Building
- District One Residences 04
About 505, District One Residences 04
505 is a three-bedroom apartment of 1,763 sqft on the 5th floor of District One Residences 04, a 6-storey tower in District One completed in 2021 by District One. It last sold on 9 August 2023 for AED 2,710,879, or AED 1,537 per sqft, 5% above the AED 1,464 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 May 2024. The current contract, signed on 20 May 2024, is AED 365,000 a year: a gross yield of 13.5% on the 2023 price, before the service charge of about AED 35,300 a year.
Sales and rents for 505 over time
505 has sold 4 times; the dashed line is the three-bed median of each year in the building.
3-beds in District One Residences 04, and where 505 sits
All 7 3-beds →505 last sold in August 2023 at AED 1,537 per sqft, 5% above what three-beds in District One Residences 04 were fetching at the time (AED 1,464).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Nov 202412 November 2024 | 2,715 sqft | 4,500,000 | 1,657 | ||
| 21 May 202421 May 2024 | 1,764 sqft | 2,738,900 | 1,552 | ||
| 21 May 202421 May 2024 | 1,763 sqft | 2,789,099 | 1,581 | ||
| 2 Jan 20232 January 2023 | 1,764 sqft | 4,250,000 | 2,409 |
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 5th floor
All 73 units in District One Residences 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 757 sqft | AED 1.65MAED 1,650,000 · Jul 2023July 2023 | ||
| 502 | 1-bed | 750 sqft | AED 1.99MAED 1,985,000 · Apr 2023April 2023 | ||
| 503 | 1-bed | 753 sqft | AED 2.19MAED 2,190,000 · Oct 2023October 2023 | ||
| 504 | 2-bed | 1,294 sqft | AED 1.98MAED 1,979,900 · Aug 2023August 2023 | 265,000 /yr | |
| 506 | 1-bed | 799 sqft | AED 1.24MAED 1,240,446 · Aug 2023August 2023 | 125,000 /yr | |
| 507 | 1-bed | 751 sqft | AED 1.18MAED 1,175,873 · Aug 2023August 2023 | ||
| 508 | 1-bed | 752 sqft | AED 1.17MAED 1,171,805 · Aug 2023August 2023 | ||
| 509 | 1-bed | 755 sqft | AED 1.17MAED 1,173,500 · Aug 2023August 2023 | ||
| 510 | 1-bed | 758 sqft | AED 1.18MAED 1,176,381 · Aug 2023August 2023 | 135,000 /yr | |
| 511 | 1-bed | 759 sqft | AED 1.7MAED 1,700,000 · May 2023May 2023 | 80,000 /yr | |
| 512 | 1-bed | 767 sqft | AED 1.12MAED 1,117,942 · Jan 2023January 2023 |
505, District One Residences 04 in numbers
- Sold 4 times: first on 21 May 2019 for AED 2,581,790, last on 9 August 2023 for AED 2,710,879 (AED 1,537 per sqft).
- Rented since May 2024 on one Ejari contract, at AED 365,000 a year.
- At AED 365,000 a year the gross yield on the 2023 price is 13.5%, before a service charge of about AED 35,300 a year (AED 20.00 per sqft).
Source: Dubai Land Department. Updated 20 May 2024.
Questions about 505, District One Residences 04
What did unit 505 last sell for?
AED 2,710,879 on 9 August 2023: AED 1,537 per sqft for 1,763 sqft. The unit has 4 registered sales; the first was AED 2,581,790 in May 2019.
What is the rent for unit 505?
AED 365,000 a year on the contract signed on 20 May 2024.
How big is unit 505?
1,763 sqft (163.8 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.
What is unit 505 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 505, District One Residences 04
Starts from the last sale price (AED 2.71M, 9 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,710,879
- Deposit, UAE resident (20%)
- AED 542,176
- Deposit, non-resident (40%)
- AED 1,084,352
- Monthly over 25 years at 3.7%
- AED 11,091
Plus AED 118,867 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →