2-bed · 1,296 sqftDistrict One Residences 12, District One · 7th floor · completed 2023

703, District One Residences 12

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 2.15M12 February 2020
Current rentAED 195K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, District One Residences 12

What is 703 worth today?

Last sold for AED 2,152,031 in 2020

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5 Mar 2025RentedRenewal
AED 195,000/yr12 months · AED 149 per sqft
5 Mar 2024RentedNew contract
AED 195,000/yr12 months · AED 149 per sqft
12 Feb 2020Sold by developerOff-plan
AED 2,152,031AED 1,659 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
2-bed apartment
Size
1,296 sqft
Floor
7th of 16
Parking
1
Developer
District One
Completed
2023
Service charge
AED 25,900 /yr
Last sold
AED 2.15M · February 2020

About 703, District One Residences 12

703 is a two-bedroom apartment of 1,296 sqft on the 7th floor of District One Residences 12, a 16-storey tower in District One completed in 2023 by District One. The developer sold it on 12 February 2020 for AED 2,152,031, or AED 1,659 per sqft, in line with the AED 1,659 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 195,000 a year: a gross yield of 9.1% on the 2020 price, before the service charge of about AED 25,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in District One Residences 12
2M3M2019202120232025Typical sale price by year: 2019 AED 2,095,885; 2020 AED 2,017,688; 2021 AED 2,407,770; 2022 AED 2,100,000; 2023 AED 2,600,000; 2024 AED 3,425,000; 2025 AED 2,600,000Sold by developer, February 2020: AED 2,152,031 (AED 1,659 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in District One Residences 12
180K202420252026Typical rent by year: 2024 AED 195,000; 2025 AED 169,536New contract, March 2024: AED 195,000 a yearRenewal, March 2025: AED 195,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in District One Residences 12, and where 703 sits

All 57 2-beds →

703 last sold in February 2020 at AED 1,659 per sqft, in line with what two-beds in District One Residences 12 were fetching at the time (AED 1,659). Over the last 12 months two-beds sold for AED 2,500,000 to 2,775,000, around AED 2,313 per sqft, and rent for AED 145,000 to 190,000 a year. 703's AED 195,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20262,500,000
31 Jul 20253,100,000
16 Jul 20253,700,000
4 Jun 20253,400,000
2 2-bed sales in the last 12 months

District One Residences 12

Building

159 apartments, 1-bed to 5-bed over 16 floors in District One, completed in 2023 by District One. 6 sold in the last 12 months.

Typical price per sqft
AED 2,215
Typical sale
AED 1.66M
Typical rent
AED 110K /yr
Typical yield
6.0%
District One Residences 12, District One: prices, sales and rents →
Value
7011-bedAED 1.65M · Dec 2023
7022-bedAED 2.53M · Jan 2025
7042-bedAED 2.2M · Sep 2023
7051-bedAED 1.19M · Aug 2019
7062-bedAED 2.02M · May 2020
7071-bedAED 1.43M · Jun 2023
7081-bedAED 1.26M · Jun 2021
1–7 of 10

703, District One Residences 12 in numbers

  • Sold once: by District One on 12 February 2020 for AED 2,152,031, or AED 1,659 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2020 price is 9.1%, before a service charge of about AED 25,900 a year (AED 20.00 per sqft).
  • Two-beds in District One Residences 12 sold for AED 2,500,000–2,775,000 in the 12 months to November 2026; the building's median across all types is AED 2,215 per sqft.

Source: Dubai Land Department. Updated 5 March 2025.

Questions about 703, District One Residences 12

What did unit 703 last sell for?

AED 2,152,031 on 12 February 2020, sold by the developer: AED 1,659 per sqft for 1,296 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 195,000 a year on the contract renewed on 5 March 2025. The previous contract, from March 2024, was AED 195,000.

How big is unit 703?

1,296 sqft (120.4 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2023.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in District One Residences 12 sold for AED 2,500,000 to 2,775,000 in the last 12 months, around AED 2,313 per sqft.

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Mortgage on 703, District One Residences 12

Starts from the last sale price (AED 2.15M, 12 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,152,031
Deposit, UAE resident (20%)
AED 430,406
Deposit, non-resident (40%)
AED 860,812
Monthly over 25 years at 3.7%
AED 8,805

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