1-bed · 755 sqftDistrict One Residences 16, District One · 6th floor · completed 2019

608, District One Residences 16

Sold prices and rental history: sold twice, last in August 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 1.74M16 August 2023
Current rentAED 100K /yr11 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, District One Residences 16

What is 608 worth today?

Last sold for AED 1,740,000 in 2023

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11 Nov 2024RentedRenewal
AED 100,000/yr12 months · AED 133 per sqft
16 Aug 2023SoldReady
AED 1,740,000AED 2,305 per sqft
2 Aug 2018Sold by developerOff-plan
AED 1,224,169AED 1,651 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
6th of 8
Parking
L1-0130
Developer
District One
Completed
2019
Service charge
AED 15,100 /yr
Last sold
AED 1.74M · August 2023

About 608, District One Residences 16

608 is a one-bedroom apartment of 755 sqft on the 6th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 16 August 2023 for AED 1,740,000, or AED 2,305 per sqft, 24% above the AED 1,859 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 November 2024. The current contract, renewed on 11 November 2024, is AED 100,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in District One Residences 16
1.25M1.5M1.75M2018202020222024Typical 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, August 2018: AED 1,224,169 (AED 1,651 per sqft)Sold, August 2023: AED 1,740,000 (AED 2,305 per sqft)

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

Rents
Unit 608, each contractTypical one-bed in District One Residences 16
100K105K110K2024202520262027Typical rent by year: 2024 AED 110,000; 2025 AED 105,000; 2026 AED 100,000Renewal, November 2024: AED 100,000 a year

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 608 sits

All 77 1-beds →

608 last sold in August 2023 at AED 2,305 per sqft, 24% above what one-beds in District One Residences 16 were fetching at the time (AED 1,859). 608's AED 100,000 is in the lower half of that range.

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 6th floor

All 95 units in District One Residences 16
Value
6011-bedAED 1.3M · Dec 2022
6021-bedAED 1.28M · Apr 2020
6031-bedAED 1.17M · Jul 2023
6041-bedAED 1.65M · Jul 2023
6051-bedAED 1.38M · Jan 2023
6063-bedAED 4.35M · Nov 2022
6072-bedAED 3.55M · May 2023
1–7 of 11

608, District One Residences 16 in numbers

  • Sold twice: first on 2 August 2018 for AED 1,224,169, last on 16 August 2023 for AED 1,740,000 (AED 2,305 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 5.8%, 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 11 November 2024.

Questions about 608, District One Residences 16

What did unit 608 last sell for?

AED 1,740,000 on 16 August 2023: AED 2,305 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 1,224,169 in August 2018.

What is the rent for unit 608?

AED 100,000 a year on the contract renewed on 11 November 2024.

How big is unit 608?

755 sqft (70.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2019.

What is unit 608 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 608, District One Residences 16

Starts from the last sale price (AED 1.74M, 16 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,740,000
Deposit, UAE resident (20%)
AED 348,000
Deposit, non-resident (40%)
AED 696,000
Monthly over 25 years at 3.7%
AED 7,119

Plus AED 78,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →