508, District One Residences 16
Sold prices and rental history: sold twice, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, District One Residences 16
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 741 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 14,800 /yr
- Last sold
- AED 1.35M · July 2022
- Building
- District One Residences 16
About 508, District One Residences 16
508 is a one-bedroom apartment of 741 sqft on the 5th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 6 July 2022 for AED 1,350,000, or AED 1,821 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 77 1-beds →| 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 5th floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 763 sqft | AED 1.28MAED 1,282,292 · Apr 2020April 2020 | ||
| 502 | 1-bed | 760 sqft | AED 1.22MAED 1,223,837 · Nov 2019November 2019 | 100,000 /yr | |
| 503 | 1-bed | 760 sqft | AED 1.22MAED 1,223,664 · May 2020May 2020 | ||
| 504 | 1-bed | 749 sqft | AED 1.22MAED 1,223,834 · Jun 2019June 2019 | 95,000 /yr | |
| 505 | 1-bed | 785 sqft | AED 1.48MAED 1,476,430 · Feb 2021February 2021 | 95,000 /yr | |
| 506 | 3-bed | 1,728 sqft | AED 3.25MAED 3,250,000 · Jun 2022June 2022 | ||
| 507 | 2-bed | 1,272 sqft | AED 2.1MAED 2,096,059 · Jul 2018July 2018 | 225,000 /yr | |
| 509 | 1-bed | 745 sqft | AED 1.22MAED 1,224,169 · Jul 2018July 2018 | ||
| 510 | 1-bed | 752 sqft | AED 1.21MAED 1,210,440 · Sep 2018September 2018 | 100,000 /yr | |
| 511 | 1-bed | 737 sqft | AED 1.18MAED 1,181,607 · Jul 2018July 2018 | 95,000 /yr | |
| 512 | 1-bed | 766 sqft | AED 1.19MAED 1,187,296 · Jul 2018July 2018 | 95,000 /yr |
508, District One Residences 16 in numbers
- Sold twice: first on 25 July 2018 for AED 1,224,169, last on 6 July 2022 for AED 1,350,000 (AED 1,821 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 6 July 2022.
Questions about 508, District One Residences 16
What did unit 508 last sell for?
AED 1,350,000 on 6 July 2022: AED 1,821 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 1,224,169 in July 2018.
How big is unit 508?
741 sqft (68.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 508? Put it on the OpenOffers board
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Mortgage on 508, District One Residences 16
Starts from the last sale price (AED 1.35M, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →