304, District One Residences 16
Sold prices and rental history: sold once, by the developer in August 2019, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, District One Residences 16
What is 304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 749 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.22M · August 2019
- Building
- District One Residences 16
About 304, District One Residences 16
304 is a one-bedroom apartment of 749 sqft on the 3rd floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 18 August 2019 for AED 1,216,349, or AED 1,624 per sqft, in line with the AED 1,624 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2024. The current contract, signed on 1 August 2024, is AED 110,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 15,000 a year.
Sales and rents for 304 over time
304 has sold once; the dashed line is the one-bed median of each year in the building.
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 16, and where 304 sits
All 77 1-beds →304 last sold in August 2019 at AED 1,624 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,624). 304's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 May 202529 May 2025 | 776 sqft | 1,300,000 | 1,676 | ||
| 24 Jan 202524 January 2025 | 745 sqft | 1,620,000 | 2,173 | ||
| 23 Dec 202423 December 2024 | 745 sqft | 1,580,000 | 2,119 | ||
| 23 Oct 202423 October 2024 | 745 sqft | 1,600,000 | 2,146 |
District One Residences 16
Building95 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
Other units on the 3rd floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 774 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | 92,000 /yr | |
| 302 | 1-bed | 767 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | ||
| 303 | 1-bed | 767 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | ||
| 305 | 1-bed | 778 sqft | AED 1.38MAED 1,375,000 · Jan 2023January 2023 | ||
| 306 | 3-bed | 1,728 sqft | AED 2.86MAED 2,863,845 · Apr 2020April 2020 | 280,000 /yr | |
| 307 | 2-bed | 1,289 sqft | AED 3.9MAED 3,900,000 · Nov 2024November 2024 | 220,000 /yr | |
| 308 | 1-bed | 741 sqft | AED 1.22MAED 1,216,794 · Jul 2018July 2018 | 115,000 /yr | |
| 309 | 1-bed | 745 sqft | AED 1.5MAED 1,500,000 · Oct 2023October 2023 | ||
| 310 | 1-bed | 752 sqft | AED 1.2MAED 1,203,037 · Jul 2018July 2018 | 105,000 /yr | |
| 311 | 1-bed | 765 sqft | AED 1.22MAED 1,223,986 · Feb 2020February 2020 | ||
| 312 | 1-bed | 769 sqft | AED 1.23MAED 1,230,358 · Feb 2020February 2020 | 100,000 /yr |
304, District One Residences 16 in numbers
- Sold once: by District One on 18 August 2019 for AED 1,216,349, or AED 1,624 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 15,000 a year (AED 20.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Questions about 304, District One Residences 16
What did unit 304 last sell for?
AED 1,216,349 on 18 August 2019, sold by the developer: AED 1,624 per sqft for 749 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 110,000 a year on the contract signed on 1 August 2024.
How big is unit 304?
749 sqft (69.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.
What is unit 304 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 304, District One Residences 16
Starts from the last sale price (AED 1.22M, 18 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,216,349
- Deposit, UAE resident (20%)
- AED 243,270
- Deposit, non-resident (40%)
- AED 486,540
- Monthly over 25 years at 3.7%
- AED 4,976
Plus AED 56,097 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →