306, District One Residences 16
Sold prices and rental history: sold once, by the developer in April 2020, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, District One Residences 16
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,728 sqft
- Floor
- 3rd of 8
- Parking
- 2
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 34,600 /yr
- Last sold
- AED 2.86M · April 2020
- Building
- District One Residences 16
About 306, District One Residences 16
306 is a three-bedroom apartment of 1,728 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 28 April 2020 for AED 2,863,845, or AED 1,657 per sqft.
One Ejari contract is registered, from 1 September 2024. The current contract, renewed on 1 September 2024, is AED 280,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 34,600 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in District One Residences 16, and where 306 sits
All 8 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Aug 20242 August 2024 | 1,779 sqft | 4,950,000 | 2,782 | ||
| 22 Feb 202422 February 2024 | 1,779 sqft | 4,500,000 | 2,529 | ||
| 18 Oct 202318 October 2023 | 1,779 sqft | 4,750,000 | 2,670 | ||
| 10 Nov 202210 November 2022 | 1,728 sqft | 4,350,000 | 2,517 |
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 | ||
| 304 | 1-bed | 749 sqft | AED 1.22MAED 1,216,349 · Aug 2019August 2019 | 110,000 /yr | |
| 305 | 1-bed | 778 sqft | AED 1.38MAED 1,375,000 · Jan 2023January 2023 | ||
| 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 |
306, District One Residences 16 in numbers
- Sold once: by District One on 28 April 2020 for AED 2,863,845, or AED 1,657 per sqft.
- Rented since September 2024 on one Ejari contract, at AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 34,600 a year (AED 20.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.
Questions about 306, District One Residences 16
What did unit 306 last sell for?
AED 2,863,845 on 28 April 2020, sold by the developer: AED 1,657 per sqft for 1,728 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 280,000 a year on the contract renewed on 1 September 2024.
How big is unit 306?
1,728 sqft (160.5 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.
What is unit 306 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 306, District One Residences 16
Starts from the last sale price (AED 2.86M, 28 April 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,863,845
- Deposit, UAE resident (20%)
- AED 572,769
- Deposit, non-resident (40%)
- AED 1,145,538
- Monthly over 25 years at 3.7%
- AED 11,717
Plus AED 125,292 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →