1-bed · 743 sqftDistrict One Residences 05, District One · 3rd floor · completed 2022

308, District One Residences 05

Sold prices and rental history: sold once, by the developer in July 2018, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 9 November 2024
Last soldAED 1.22M17 July 2018
Current rentAED 115K /yr9 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, District One Residences 05

What is 308 worth today?

Last sold for AED 1,216,789 in 2018

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9 Nov 2024RentedNew contract
AED 115,000/yr12 months · AED 153 per sqft
17 Jul 2018Sold by developerOff-plan
AED 1,216,789AED 1,637 per sqft

Source: Dubai Land Department. Updated 9 November 2024.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
3rd of 6
Parking
1
Developer
District One
Completed
2022
Service charge
AED 14,900 /yr
Last sold
AED 1.22M · July 2018

About 308, District One Residences 05

308 is a one-bedroom apartment of 743 sqft on the 3rd floor of District One Residences 05, a 6-storey tower in District One completed in 2022 by District One. The developer sold it on 17 July 2018 for AED 1,216,789, or AED 1,637 per sqft, 4% above the AED 1,572 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 November 2024. The current contract, signed on 9 November 2024, is AED 115,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 14,900 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in District One Residences 05
1.25M1.5M1.75M20182020202220242026Typical sale price by year: 2018 AED 1,217,302; 2019 AED 1,222,134; 2020 AED 1,223,471; 2021 AED 1,250,000; 2022 AED 1,330,000; 2023 AED 1,630,000; 2024 AED 1,665,000; 2025 AED 1,720,000Sold by developer, July 2018: AED 1,216,789 (AED 1,637 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in District One Residences 05
100K150K20232024202520262027Typical rent by year: 2023 AED 105,000; 2024 AED 105,146; 2025 AED 105,000; 2026 AED 170,000New contract, November 2024: AED 115,000 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 05, and where 308 sits

All 57 1-beds →

308 last sold in July 2018 at AED 1,637 per sqft, 4% above what one-beds in District One Residences 05 were fetching at the time (AED 1,572). Over the last 12 months one-beds sold for AED 1,550,000 to 1,740,000, around AED 2,156 per sqft, and rent for AED 89,000 to 170,000 a year. 308's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20261,740,000
5 Feb 20261,550,000
12 Mar 20251,700,000
4 Mar 20251,750,000
2 1-bed sales in the last 12 months

District One Residences 05

Building

73 apartments, 1-bed to 3-bed over 6 floors in District One, completed in 2022 by District One. 2 sold in the last 12 months.

Typical price per sqft
AED 2,156
Typical sale
AED 1.65M
Typical rent
AED 112K /yr
Typical yield
6.5%
District One Residences 05, District One: prices, sales and rents →

Other units on the 3rd floor

All 73 units in District One Residences 05
Value
3011-bedAED 1.68M · Aug 2023
302AED 1.66M · Nov 2025
3031-bedAED 1.72M · Mar 2025
3041-bedAED 1.22M · Jan 2019
3051-bedAED 1.22M · Jul 2018
3063-bedAED 2.86M · Jul 2018
3072-bedAED 3.35M · Jul 2023
1–7 of 11

308, District One Residences 05 in numbers

  • Sold once: by District One on 17 July 2018 for AED 1,216,789, or AED 1,637 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 14,900 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 05 sold for AED 1,550,000–1,740,000 in the 12 months to November 2026; the building's median across all types is AED 2,156 per sqft.

Source: Dubai Land Department. Updated 9 November 2024.

Questions about 308, District One Residences 05

What did unit 308 last sell for?

AED 1,216,789 on 17 July 2018, sold by the developer: AED 1,637 per sqft for 743 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 115,000 a year on the contract signed on 9 November 2024.

How big is unit 308?

743 sqft (69.0 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2022.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in District One Residences 05 sold for AED 1,550,000 to 1,740,000 in the last 12 months, around AED 2,156 per sqft.

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Mortgage on 308, District One Residences 05

Starts from the last sale price (AED 1.22M, 17 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,216,789
Deposit, UAE resident (20%)
AED 243,358
Deposit, non-resident (40%)
AED 486,716
Monthly over 25 years at 3.7%
AED 4,978

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →