308, District One Residences 16
Sold prices and rental history: sold once, by the developer in July 2018, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, District One Residences 16
What is 308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 741 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.22M · July 2018
- Building
- District One Residences 16
About 308, District One Residences 16
308 is a one-bedroom apartment of 741 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 17 July 2018 for AED 1,216,794, or AED 1,641 per sqft, in line with the AED 1,609 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 August 2025, is AED 115,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 14,800 a year.
Sales and rents for 308 over time
308 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 308 sits
All 77 1-beds →308 last sold in July 2018 at AED 1,641 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,609). 308's AED 115,000 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 | ||
| 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 | ||
| 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 | |
| 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 |
308, District One Residences 16 in numbers
- Sold once: by District One on 17 July 2018 for AED 1,216,794, or AED 1,641 per sqft.
- Rented since February 2025 on 2 Ejari contracts, from AED 110,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 14,800 a year (AED 20.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.
Questions about 308, District One Residences 16
What did unit 308 last sell for?
AED 1,216,794 on 17 July 2018, sold by the developer: AED 1,641 per sqft for 741 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 115,000 a year on the contract signed on 20 August 2025. The previous contract, from February 2025, was AED 110,000.
How big is unit 308?
741 sqft (68.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.
What is unit 308 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 308, District One Residences 16
Starts from the last sale price (AED 1.22M, 17 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,216,794
- Deposit, UAE resident (20%)
- AED 243,359
- Deposit, non-resident (40%)
- AED 486,718
- Monthly over 25 years at 3.7%
- AED 4,978
Plus AED 56,116 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →