2-bed · 1,191 sqftSeagull Point Tower - District One Residences 13, District One · 5th floor · completed 2023

502, Seagull Point Tower - District One Residences 13

Sold prices and rental history: sold once, by the developer in June 2020, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 2.08M8 June 2020
Current rentAED 160K /yr4 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Seagull Point Tower - District One Residences 13

What is 502 worth today?

Last sold for AED 2,084,297 in 2020

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4 Jul 2025RentedNew contract
AED 160,000/yr12 months · AED 134 per sqft
8 Jun 2020Sold by developerOff-plan
AED 2,084,297AED 1,749 per sqft

Source: Dubai Land Department. Updated 4 July 2025.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
5th of 14
Parking
L3-320
Developer
District One
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 2.08M · June 2020

About 502, Seagull Point Tower - District One Residences 13

502 is a two-bedroom apartment of 1,191 sqft on the 5th floor of Seagull Point Tower - District One Residences 13, a 14-storey tower in District One completed in 2023 by District One. The developer sold it on 8 June 2020 for AED 2,084,297, or AED 1,749 per sqft, in line with the AED 1,737 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 July 2025. The current contract, signed on 4 July 2025, is AED 160,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 8,700 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Seagull Point Tower - District One Residences 13
2M2.5M2020202220242026Typical sale price by year: 2020 AED 2,046,540; 2023 AED 2,500,000; 2024 AED 2,078,346; 2025 AED 2,625,000Sold by developer, June 2020: AED 2,084,297 (AED 1,749 per sqft)

502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Seagull Point Tower - District One Residences 13
155K160K2024202520262027Typical rent by year: 2024 AED 152,500; 2025 AED 160,000; 2026 AED 161,104New contract, July 2025: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Seagull Point Tower - District One Residences 13, and where 502 sits

All 40 2-beds →

502 last sold in June 2020 at AED 1,749 per sqft, in line with what two-beds in Seagull Point Tower - District One Residences 13 were fetching at the time (AED 1,737). 502's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20252,650,000
25 Jun 20252,500,000
24 Jun 20252,700,000
18 Jun 20252,600,000
0 2-bed sales in the last 12 months

Seagull Point Tower - District One Residences 13

Building

132 apartments, 1-bed to 3-bed over 14 floors in District One, completed in 2023 by District One. 5 sold in the last 12 months.

Typical price per sqft
AED 2,383
Typical sale
AED 3.95M
Typical rent
AED 150K /yr
Typical yield
6.3%
Seagull Point Tower - District One Residences 13, District One: prices, sales and rents →
Value
5011-bedAED 1.17M · Mar 2020
5033-bedAED 2.88M · Jun 2020
5043-bedAED 3.95M · Jan 2026
505AED 2.71M · Oct 2025
506AED 2.39M · Oct 2025
5071-bedAED 1.6M · Jul 2024
5081-bedAED 1.47M · Oct 2023
1–7 of 9

502, Seagull Point Tower - District One Residences 13 in numbers

  • Sold once: by District One on 8 June 2020 for AED 2,084,297, or AED 1,749 per sqft.
  • Rented since July 2025 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 8,700 a year (AED 7.30 per sqft).

Source: Dubai Land Department. Updated 4 July 2025.

Questions about 502, Seagull Point Tower - District One Residences 13

What did unit 502 last sell for?

AED 2,084,297 on 8 June 2020, sold by the developer: AED 1,749 per sqft for 1,191 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 160,000 a year on the contract signed on 4 July 2025.

How big is unit 502?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2023.

What is unit 502 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 502, Seagull Point Tower - District One Residences 13

Starts from the last sale price (AED 2.08M, 8 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,084,297
Deposit, UAE resident (20%)
AED 416,859
Deposit, non-resident (40%)
AED 833,719
Monthly over 25 years at 3.7%
AED 8,528

Plus AED 92,551 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →