1-bed · 745 sqftDistrict One Residences 16, District One · 3rd floor · completed 2019

309, District One Residences 16

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 1.5M19 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, District One Residences 16

What is 309 worth today?

Last sold for AED 1,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Oct 2023SoldReady
AED 1,500,000AED 2,012 per sqft
18 Jul 2018Sold by developerOff-plan
AED 1,216,794AED 1,629 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 October 2023.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
3rd of 8
Parking
L2-0213
Developer
District One
Completed
2019
Service charge
AED 14,900 /yr
Last sold
AED 1.5M · October 2023

About 309, District One Residences 16

309 is a one-bedroom apartment of 745 sqft on the 3rd floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 19 October 2023 for AED 1,500,000, or AED 2,012 per sqft, in line with the AED 2,012 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in District One Residences 16
1.2M1.4M1.6M2018202020222024Typical sale price by year: 2018 AED 1,216,794; 2019 AED 1,223,837; 2020 AED 1,223,834; 2021 AED 1,326,028; 2022 AED 1,350,000; 2023 AED 1,600,000; 2024 AED 1,565,000Sold by developer, July 2018: AED 1,216,794 (AED 1,629 per sqft)Sold, October 2023: AED 1,500,000 (AED 2,012 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in District One Residences 16
100K105K110K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 105,000; 2026 AED 100,000

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 309 sits

All 77 1-beds →

309 last sold in October 2023 at AED 2,012 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 2,012).

Recent 1-bed salesUnit no.Price (AED)Summary
29 May 20251,300,000
24 Jan 20251,620,000
23 Dec 20241,580,000
23 Oct 20241,600,000
0 1-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 3rd floor

All 95 units in District One Residences 16
Value
3011-bedAED 1.55M · Jan 2024
3021-bedAED 1.55M · Jan 2024
3031-bedAED 1.55M · Jan 2024
3041-bedAED 1.22M · Aug 2019
3051-bedAED 1.38M · Jan 2023
3063-bedAED 2.86M · Apr 2020
3072-bedAED 3.9M · Nov 2024
1–7 of 11

309, District One Residences 16 in numbers

  • Sold twice: first on 18 July 2018 for AED 1,216,794, last on 19 October 2023 for AED 1,500,000 (AED 2,012 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 19 October 2023.

Questions about 309, District One Residences 16

What did unit 309 last sell for?

AED 1,500,000 on 19 October 2023: AED 2,012 per sqft for 745 sqft. The unit has 2 registered sales; the first was AED 1,216,794 in July 2018.

How big is unit 309?

745 sqft (69.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 309? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 309, District One Residences 16

Starts from the last sale price (AED 1.5M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →