1-bed · 755 sqftDistrict One Residences 16, District One · 7th floor · completed 2019

708, District One Residences 16

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

Unit 708 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 1.7M6 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, District One Residences 16

What is 708 worth today?

Last sold for AED 1,700,000 in 2023

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6 Nov 2023SoldReady
AED 1,700,000AED 2,252 per sqft
25 Jul 2018Sold by developerOff-plan
AED 1,224,169AED 1,651 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2023.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
7th of 8
Parking
L1-0124
Developer
District One
Completed
2019
Service charge
AED 15,100 /yr
Last sold
AED 1.7M · November 2023

About 708, District One Residences 16

708 is a one-bedroom apartment of 755 sqft on the 7th floor of District One Residences 16, a 8-storey tower in District One completed in 2019 by District One. It last sold on 6 November 2023 for AED 1,700,000, or AED 2,252 per sqft, 11% above the AED 2,034 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, 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, July 2018: AED 1,224,169 (AED 1,651 per sqft)Sold, November 2023: AED 1,700,000 (AED 2,252 per sqft)

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

Rents
Unit 708, 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 708 sits

All 77 1-beds →

708 last sold in November 2023 at AED 2,252 per sqft, 11% above what one-beds in District One Residences 16 were fetching at the time (AED 2,034).

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 7th floor

All 95 units in District One Residences 16
Value
7011-bedAED 1.28M · Nov 2019
7021-bedAED 1.28M · Nov 2019
7031-bedAED 1.65M · Mar 2023
7041-bedAED 1.58M · Oct 2024
7051-bedAED 1.3M · May 2020
7063-bedAED 4.75M · Oct 2023
7072-bedAED 2.1M · May 2020
1–7 of 11

708, District One Residences 16 in numbers

  • Sold twice: first on 25 July 2018 for AED 1,224,169, last on 6 November 2023 for AED 1,700,000 (AED 2,252 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2023.

Questions about 708, District One Residences 16

What did unit 708 last sell for?

AED 1,700,000 on 6 November 2023: AED 2,252 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 1,224,169 in July 2018.

How big is unit 708?

755 sqft (70.1 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.

What is unit 708 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 708, District One Residences 16

Starts from the last sale price (AED 1.7M, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →