702, District One Residences 16
Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, District One Residences 16
What is 702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 760 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- District One
- Completed
- 2019
- Service charge
- AED 15,200 /yr
- Last sold
- AED 1.28M · November 2019
- Building
- District One Residences 16
About 702, District One Residences 16
702 is a one-bedroom apartment of 760 sqft on the 7th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. The developer sold it on 26 November 2019 for AED 1,277,048, or AED 1,679 per sqft, 3% above the AED 1,624 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 December 2024. The current contract, renewed on 5 December 2024, is AED 95,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 15,200 a year.
Sales and rents for 702 over time
702 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 702 sits
All 77 1-beds →702 last sold in November 2019 at AED 1,679 per sqft, 3% above what one-beds in District One Residences 16 were fetching at the time (AED 1,624). 702's AED 95,000 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 7th floor
All 95 units in District One Residences 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 763 sqft | AED 1.28MAED 1,282,292 · Nov 2019November 2019 | ||
| 703 | 1-bed | 760 sqft | AED 1.65MAED 1,650,000 · Mar 2023March 2023 | 110,000 /yr | |
| 704 | 1-bed | 745 sqft | AED 1.58MAED 1,580,000 · Oct 2024October 2024 | 115,000 /yr | |
| 705 | 1-bed | 785 sqft | AED 1.3MAED 1,303,656 · May 2020May 2020 | 100,000 /yr | |
| 706 | 3-bed | 1,779 sqft | AED 4.75MAED 4,750,000 · Oct 2023October 2023 | ||
| 707 | 2-bed | 1,272 sqft | AED 2.1MAED 2,096,059 · May 2020May 2020 | ||
| 708 | 1-bed | 755 sqft | AED 1.7MAED 1,700,000 · Nov 2023November 2023 | ||
| 709 | 1-bed | 745 sqft | AED 1.85MAED 1,850,000 · Nov 2023November 2023 | ||
| 710 | 1-bed | 752 sqft | AED 1.21MAED 1,210,440 · Jul 2018July 2018 | 93,000 /yr | |
| 711 | 1-bed | 749 sqft | AED 1.8MAED 1,800,000 · Dec 2023December 2023 | 90,000 /yr | |
| 712 | 1-bed | 766 sqft | AED 1.21MAED 1,207,852 · Apr 2019April 2019 | 115,000 /yr |
702, District One Residences 16 in numbers
- Sold once: by District One on 26 November 2019 for AED 1,277,048, or AED 1,679 per sqft.
- Rented since December 2024 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 15,200 a year (AED 20.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.
Questions about 702, District One Residences 16
What did unit 702 last sell for?
AED 1,277,048 on 26 November 2019, sold by the developer: AED 1,679 per sqft for 760 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 95,000 a year on the contract renewed on 5 December 2024.
How big is unit 702?
760 sqft (70.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.
What is unit 702 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 702, District One Residences 16
Starts from the last sale price (AED 1.28M, 26 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,277,048
- Deposit, UAE resident (20%)
- AED 255,410
- Deposit, non-resident (40%)
- AED 510,819
- Monthly over 25 years at 3.7%
- AED 5,225
Plus AED 58,646 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →