408, District One Residences 16
Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, District One Residences 16
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 4th of 8
- Parking
- L2-0229
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 15,100 /yr
- Last sold
- AED 1.22M · September 2018
- Building
- District One Residences 16
About 408, District One Residences 16
408 is a one-bedroom apartment of 755 sqft on the 4th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 12 September 2018 for AED 1,216,794, or AED 1,641 per sqft, in line with the AED 1,627 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 105,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 15,100 a year.
Sales and rents for 408 over time
408 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 408 sits
All 77 1-beds →408 last sold in September 2018 at AED 1,641 per sqft, in line with what one-beds in District One Residences 16 were fetching at the time (AED 1,627). 408's AED 105,000 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 4th floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 775 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | ||
| 402 | 1-bed | 760 sqft | AED 1.22MAED 1,216,236 · Feb 2019February 2019 | ||
| 403 | 1-bed | 767 sqft | AED 1.54MAED 1,540,000 · Oct 2023October 2023 | ||
| 404 | 1-bed | 749 sqft | AED 1.55MAED 1,550,000 · Dec 2022December 2022 | ||
| 405 | 1-bed | 785 sqft | AED 1.47MAED 1,468,576 · Feb 2021February 2021 | 105,000 /yr | |
| 406 | 3-bed | 1,728 sqft | AED 2.75MAED 2,750,000 · Sep 2021September 2021 | ||
| 407 | 2-bed | 1,289 sqft | AED 3.45MAED 3,450,000 · Mar 2024March 2024 | ||
| 409 | 1-bed | 745 sqft | AED 1.78MAED 1,780,000 · Sep 2023September 2023 | 100,000 /yr | |
| 410 | 1-bed | 752 sqft | AED 1.22MAED 1,222,471 · Aug 2018August 2018 | ||
| 411 | 1-bed | 737 sqft | AED 1.17MAED 1,174,267 · Jul 2018July 2018 | 90,000 /yr | |
| 412 | 1-bed | 776 sqft | AED 1.3MAED 1,300,000 · May 2025May 2025 |
408, District One Residences 16 in numbers
- Sold once: by District One on 12 September 2018 for AED 1,216,794, or AED 1,641 per sqft.
- Rented since September 2024 on 2 Ejari contracts, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 15,100 a year (AED 20.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2025.
Questions about 408, District One Residences 16
What did unit 408 last sell for?
AED 1,216,794 on 12 September 2018, sold by the developer: AED 1,641 per sqft for 755 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 105,000 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 105,000.
How big is unit 408?
755 sqft (70.1 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.
What is unit 408 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 408, District One Residences 16
Starts from the last sale price (AED 1.22M, 12 September 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 →