2-bed · 1,271 sqftDistrict One Residences 16, District One · 1st floor · completed 2019

103, District One Residences 16

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 103 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 2.08M26 July 2018
Current rentAED 240K /yr13 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, District One Residences 16

What is 103 worth today?

Last sold for AED 2,083,432 in 2018

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13 Nov 2024RentedRenewal
AED 240,000/yr12 months · AED 186 per sqft
26 Jul 2018Sold by developerOff-plan
AED 2,083,432AED 1,638 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2024.

Key facts

Type
2-bed apartment
Size
1,271 sqft
Floor
1st of 8
Parking
1
Developer
District One
Completed
2019
Service charge
AED 25,400 /yr
Last sold
AED 2.08M · July 2018

About 103, District One Residences 16

103 is a two-bedroom apartment of 1,271 sqft on the 1st floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 26 July 2018 for AED 2,083,432, or AED 1,638 per sqft, in line with the AED 1,638 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 November 2024. The current contract, renewed on 13 November 2024, is AED 240,000 a year: a gross yield of 11.5% on the 2018 price, before the service charge of about AED 25,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in District One Residences 16
2M3M4M2018202020222024Typical sale price by year: 2018 AED 2,089,746; 2024 AED 3,810,000Sold by developer, July 2018: AED 2,083,432 (AED 1,638 per sqft)

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

2-beds in District One Residences 16, and where 103 sits

All 9 2-beds →

103 last sold in July 2018 at AED 1,638 per sqft, in line with what two-beds in District One Residences 16 were fetching at the time (AED 1,638).

Recent 2-bed salesUnit no.Price (AED)Summary
12 Nov 20243,900,000
12 Nov 20243,720,000
19 Mar 20243,450,000
12 Feb 20244,400,000
0 2-bed sales in the last 12 months

District One Residences 16

Building

95 apartments, 1-bed to 3-bed over 8 floors in District One, completed in 2019 by District One. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 100K /yr
Typical yield
District One Residences 16, District One: prices, sales and rents →

Other units on the 1st floor

All 95 units in District One Residences 16
Value
1011-bedAED 1.6M · Nov 2023
1023-bedAED 4.5M · Feb 2024
1041-bedAED 1.8M · Aug 2023
1051-bedAED 1.88M · Apr 2024
1061-bedAED 1.6M · Dec 2022
1071-bedAED 1.31M · Feb 2023
1081-bedAED 1.58M · Dec 2024

103, District One Residences 16 in numbers

  • Sold once: by District One on 26 July 2018 for AED 2,083,432, or AED 1,638 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2018 price is 11.5%, before a service charge of about AED 25,400 a year (AED 20.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2024.

Questions about 103, District One Residences 16

What did unit 103 last sell for?

AED 2,083,432 on 26 July 2018, sold by the developer: AED 1,638 per sqft for 1,271 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 240,000 a year on the contract renewed on 13 November 2024.

How big is unit 103?

1,271 sqft (118.1 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2019.

What is unit 103 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 103, District One Residences 16

Starts from the last sale price (AED 2.08M, 26 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,083,432
Deposit, UAE resident (20%)
AED 416,686
Deposit, non-resident (40%)
AED 833,373
Monthly over 25 years at 3.7%
AED 8,524

Plus AED 92,514 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →