1-bed · 752 sqftDistrict One Residences 15, District One · 7th floor · completed 2022

701, District One Residences 15

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

Unit 701 · DLD and Ejari recordsUpdated 3 December 2024
Last soldAED 1.29M31 May 2020
Current rentAED 95K /yr3 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, District One Residences 15

What is 701 worth today?

Last sold for AED 1,290,177 in 2020

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3 Dec 2024RentedRenewal
AED 94,500/yr12 months · AED 124 per sqft
31 May 2020Sold by developerOff-plan
AED 1,290,177AED 1,714 per sqft

Source: Dubai Land Department. Updated 3 December 2024.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
7th of 8
Parking
1
Developer
District One
Completed
2022
Service charge
AED 15,000 /yr
Last sold
AED 1.29M · May 2020

About 701, District One Residences 15

701 is a one-bedroom apartment of 752 sqft on the 7th floor of District One Residences 15, a 8-storey tower in District One completed in 2022 by District One. The developer sold it on 31 May 2020 for AED 1,290,177, or AED 1,714 per sqft, in line with the AED 1,679 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 December 2024. The current contract, renewed on 3 December 2024, is AED 94,500 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 15,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in District One Residences 15
1.2M1.4M1.6M2019202120232025Typical sale price by year: 2019 AED 1,266,437; 2020 AED 1,277,048; 2022 AED 1,270,000; 2023 AED 1,500,000; 2024 AED 1,700,000; 2025 AED 1,650,000Sold by developer, May 2020: AED 1,290,177 (AED 1,714 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in District One Residences 15
100K120K20232024202520262027Typical rent by year: 2023 AED 120,000; 2024 AED 105,000; 2025 AED 100,000; 2026 AED 100,000Renewal, December 2024: AED 94,500 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 15, and where 701 sits

All 75 1-beds →

701 last sold in May 2020 at AED 1,714 per sqft, in line with what one-beds in District One Residences 15 were fetching at the time (AED 1,679). Over the last 12 months one-beds sold for AED 1,620,000, around AED 2,173 per sqft, and rent for AED 82,279 to 135,000 a year. 701's AED 94,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20261,620,000
2 Jul 20251,645,000
4 Jun 20251,825,000
23 May 20251,650,000
1 1-bed sale in the last 12 months

District One Residences 15

Building

95 apartments, 1-bed to 3-bed over 8 floors in District One, completed in 2022 by District One. 5 sold in the last 12 months.

Typical price per sqft
AED 2,173
Typical sale
AED 3.2M
Typical rent
AED 105K /yr
Typical yield
6.1%
District One Residences 15, District One: prices, sales and rents →

Other units on the 7th floor

All 95 units in District One Residences 15
Value
7021-bedAED 1.31M · Sep 2019
7031-bedAED 1.65M · May 2025
7042-bedAED 2.88M · Jun 2023
7053-bedAED 2.92M · Oct 2019
7061-bedAED 1.59M · Sep 2023
7071-bedAED 1.7M · May 2024
7081-bedAED 1.27M · Nov 2019
1–7 of 11

701, District One Residences 15 in numbers

  • Sold once: by District One on 31 May 2020 for AED 1,290,177, or AED 1,714 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 94,500 a year.
  • At AED 94,500 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 15,000 a year (AED 20.00 per sqft).
  • One-beds in District One Residences 15 sold for AED 1,620,000–1,620,000 in the 12 months to November 2026; the building's median across all types is AED 2,173 per sqft.

Source: Dubai Land Department. Updated 3 December 2024.

Questions about 701, District One Residences 15

What did unit 701 last sell for?

AED 1,290,177 on 31 May 2020, sold by the developer: AED 1,714 per sqft for 752 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 94,500 a year on the contract renewed on 3 December 2024.

How big is unit 701?

752 sqft (69.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2022.

What is unit 701 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 15 sold for AED 1,620,000 to 1,620,000 in the last 12 months, around AED 2,173 per sqft.

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Mortgage on 701, District One Residences 15

Starts from the last sale price (AED 1.29M, 31 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,177
Deposit, UAE resident (20%)
AED 258,035
Deposit, non-resident (40%)
AED 516,071
Monthly over 25 years at 3.7%
AED 5,279

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