2-bed · 1,166 sqftOne Park Avenue, Sobha Hartland · 10th floor · completed 2022

1012, One Park Avenue

Sold prices and rental history: sold once, by the developer in May 2020, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.66M3 May 2020
Current rentAED 123K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, One Park Avenue

What is 1012 worth today?

Last sold for AED 1,657,743 in 2020

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1 Nov 2022RentedNew contract
AED 123,000/yr12 months · AED 106 per sqft
3 May 2020Sold by developerOff-plan
AED 1,657,743AED 1,421 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2022.

Key facts

Type
2-bed apartment
Size
1,166 sqft
Floor
10th of 24
Parking
P1-188
Developer
Sobha
Completed
2022
Last sold
AED 1.66M · May 2020

About 1012, One Park Avenue

1012 is a two-bedroom apartment of 1,166 sqft on the 10th floor of One Park Avenue, a 24-storey tower in Sobha Hartland completed in 2022 by Sobha. The developer sold it on 3 May 2020 for AED 1,657,743, or AED 1,421 per sqft, 3% below the AED 1,470 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2022. The current contract, signed on 1 November 2022, is AED 123,000 a year: a gross yield of 7.4% on the 2020 price.

Sales and rents for 1012 over time

Sales
Unit 1012, each saleTypical two-bed in One Park Avenue
2M2.5M2020202220242026Typical sale price by year: 2020 AED 1,754,633; 2021 AED 1,702,923; 2022 AED 1,766,992; 2023 AED 2,000,000; 2024 AED 2,340,000; 2025 AED 2,437,500Sold by developer, May 2020: AED 1,657,743 (AED 1,421 per sqft)

1012 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1012, each contractTypical two-bed in One Park Avenue
120K140K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 133,000; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 150,000New contract, November 2022: AED 123,000 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 One Park Avenue, and where 1012 sits

All 155 2-beds →

1012 last sold in May 2020 at AED 1,421 per sqft, 3% below what two-beds in One Park Avenue were fetching at the time (AED 1,470). Over the last 12 months two-beds sold for AED 2,620,000 to 2,650,000, around AED 2,258 per sqft, and rent for AED 75,000 to 190,000 a year. 1012's AED 123,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20262,620,000
23 Jun 20252,450,000
3 Jun 20252,380,000
5 May 20252,580,000
2 2-bed sales in the last 12 months

One Park Avenue

Building

397 apartments, 1-bed to 4-bed over 24 floors in Sobha Hartland, completed in 2022 by Sobha. 5 sold in the last 12 months.

Typical price per sqft
AED 2,276
Typical sale
AED 2.65M
Typical rent
AED 145K /yr
Typical yield
5.7%
One Park Avenue, Sobha Hartland: prices, sales and rents →

Other units on the 10th floor

All 397 units in One Park Avenue
Value
10011-bedAED 1.66M · Jul 2025
10021-bedAED 1.14M · May 2020
10032-bedAED 2.5M · Jan 2025
10042-bedAED 2.2M · Jul 2023
10052-bedAED 1.65M · Oct 2022
10063-bedAED 2.12M · Jul 2022
10073-bedAED 2.02M · Feb 2023
1–7 of 15

1012, One Park Avenue in numbers

  • Sold once: by Sobha on 3 May 2020 for AED 1,657,743, or AED 1,421 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2020 price is 7.4%.
  • Two-beds in One Park Avenue sold for AED 2,620,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,276 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2022.

Questions about 1012, One Park Avenue

What did unit 1012 last sell for?

AED 1,657,743 on 3 May 2020, sold by the developer: AED 1,421 per sqft for 1,166 sqft. It is the only registered sale of the unit.

What is the rent for unit 1012?

AED 123,000 a year on the contract signed on 1 November 2022.

How big is unit 1012?

1,166 sqft (108.3 sqm): a two-bedroom apartment on the 10th floor of a 24-storey tower completed in 2022.

What is unit 1012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in One Park Avenue sold for AED 2,620,000 to 2,650,000 in the last 12 months, around AED 2,258 per sqft.

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Mortgage on 1012, One Park Avenue

Starts from the last sale price (AED 1.66M, 3 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,657,743
Deposit, UAE resident (20%)
AED 331,549
Deposit, non-resident (40%)
AED 663,097
Monthly over 25 years at 3.7%
AED 6,782

Plus AED 74,635 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →